Stewart Information Services Corp. Sets New 1-Year High at $34.65 (STC)
Stewart Information Services Corp. (NYSE:STC)’s share price reached a new 52-week high during trading hours on Tuesday, American Banking and Market News reports. The company traded as high as $34.65 and last traded at $34.35, with a volume of 276,292 shares traded. The stock had previously closed at $33.40.
Separately, analysts at Zacks upgraded shares of Stewart Information Services Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 17th. They now have a $31.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $33.33.
Stewart Information Services Corp. has a 52 week low of $22.74 and a 52 week high of $34.65. The stock’s 50-day moving average is $31.84 and its 200-day moving average is $31.13. The company has a market cap of $773.0 million and a P/E ratio of 7.54.
Stewart Information Services Corp. (NYSE:STC) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.61 by $0.02. The company had revenue of $536.80 million for the quarter, compared to the consensus estimate of $396.14 million. During the same quarter last year, the company posted $1.45 earnings per share. Stewart Information Services Corp.’s revenue was up 3.1% compared to the same quarter last year. On average, analysts predict that Stewart Information Services Corp. will post $2.22 earnings per share for the current fiscal year.
Stewart Information Services Corporation (NYSE:STC) is a customer-focused, global title insurance and real estate services company offering products and services through its direct operations, network of approved agencies and other companies within the Stewart family.
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