Stewart Information Services Corp. Director Glenn C. Christenson Purchases 2,000 Shares (STC)
Stewart Information Services Corp. (NYSE:STC) Director Glenn C. Christenson purchased 2,000 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average price of $29.85 per share, for a total transaction of $59,700.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Zacks downgraded shares of Stewart Information Services Corp. from a “neutral” rating to an “underperform” rating in a research note on Wednesday. They now have a $29.00 price target on the stock.
Stewart Information Services Corp. (NYSE:STC) traded up 1.90% on Wednesday, hitting $31.07. The stock had a trading volume of 97,515 shares. Stewart Information Services Corp. has a 52 week low of $28.87 and a 52 week high of $37.55. The stock has a 50-day moving average of $30.79 and a 200-day moving average of $32.62. The company has a market cap of $697.3 million and a P/E ratio of 25.99.
Stewart Information Services Corp. (NYSE:STC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.13. The company had revenue of $446.84 million for the quarter, compared to the consensus estimate of $487.40 million. During the same quarter in the previous year, the company posted $1.09 earnings per share. The company’s revenue for the quarter was down 13.6% on a year-over-year basis. On average, analysts predict that Stewart Information Services Corp. will post $0.73 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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