Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Stewart Information Services (NYSE:STC) Stock

Stewart Information Services (NYSE:STCGet Free Report) had its price objective boosted by investment analysts at Keefe, Bruyette & Woods from $81.00 to $82.00 in a research report issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the insurance provider’s stock. Keefe, Bruyette & Woods’ target price points to a potential upside of 14.08% from the company’s current price.

A number of other research analysts have also weighed in on STC. Wall Street Zen lowered shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research note on Sunday. Citizens Jmp started coverage on shares of Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Stewart Information Services has a consensus rating of “Buy” and an average target price of $81.00.

Get Our Latest Stock Analysis on Stewart Information Services

Stewart Information Services Stock Performance

Shares of Stewart Information Services stock opened at $71.88 on Monday. The stock’s fifty day simple moving average is $70.15 and its 200 day simple moving average is $71.14. The company has a current ratio of 2.19, a quick ratio of 1.77 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $2.01 billion, a PE ratio of 17.79 and a beta of 1.01. Stewart Information Services has a 12 month low of $56.39 and a 12 month high of $78.61.

Stewart Information Services (NYSE:STCGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.30. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The company had revenue of $794.40 million during the quarter, compared to the consensus estimate of $774.05 million. During the same period in the prior year, the company earned $1.12 earnings per share. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. On average, research analysts predict that Stewart Information Services will post 6.29 EPS for the current year.

Institutional Trading of Stewart Information Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Stewart Information Services by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 2,044,758 shares of the insurance provider’s stock valued at $143,665,000 after purchasing an additional 90,233 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Stewart Information Services by 2.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,715,422 shares of the insurance provider’s stock worth $113,286,000 after purchasing an additional 33,413 shares in the last quarter. Capital International Investors boosted its holdings in shares of Stewart Information Services by 107.7% in the 3rd quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock valued at $56,050,000 after buying an additional 396,390 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Stewart Information Services by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 663,625 shares of the insurance provider’s stock valued at $46,634,000 after buying an additional 2,234 shares in the last quarter. Finally, Tributary Capital Management LLC increased its holdings in Stewart Information Services by 92.5% during the third quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock worth $41,709,000 after buying an additional 273,424 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

About Stewart Information Services

(Get Free Report)

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.

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