Brokerages Set Stewart Information Services Corporation (NYSE:STC) PT at $81.67

Shares of Stewart Information Services Corporation (NYSE:STC) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $83.00.

A number of equities research analysts have recently weighed in on STC shares. Benchmark assumed coverage on shares of Stewart Information Services in a research report on Tuesday. They issued a “buy” rating and a $87.00 price target for the company. Stephens reiterated an “overweight” rating and set a $88.00 target price on shares of Stewart Information Services in a research report on Monday, May 18th. Weiss Ratings raised Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Keefe, Bruyette & Woods decreased their price target on Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating on the stock in a research report on Thursday, June 25th.

Stewart Information Services Stock Down 0.9%

STC opened at $69.51 on Friday. The stock has a fifty day moving average of $67.17 and a 200-day moving average of $66.84. The company has a market capitalization of $2.12 billion, a P/E ratio of 15.52 and a beta of 0.99. Stewart Information Services has a fifty-two week low of $57.10 and a fifty-two week high of $78.61. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.12 and a current ratio of 2.12.

Stewart Information Services (NYSE:STC) last released its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.24). Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The business had revenue of $895.80 million during the quarter, compared to analyst estimates of $838.07 million. During the same quarter last year, the company posted $1.34 earnings per share. The company’s revenue was up 24.5% on a year-over-year basis. On average, equities analysts expect that Stewart Information Services will post 5.8 EPS for the current year.

Stewart Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. Stewart Information Services’s payout ratio is presently 46.88%.

Insider Buying and Selling

In other news, Director C Allen Bradley, Jr. purchased 1,000 shares of Stewart Information Services stock in a transaction that occurred on Monday, June 1st. The shares were acquired at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the transaction, the director owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. The trade was a 4.16% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $71.28, for a total value of $783,509.76. Following the sale, the chief financial officer owned 61,929 shares of the company’s stock, valued at $4,414,299.12. The trade was a 15.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.94% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Assenagon Asset Management S.A. acquired a new stake in Stewart Information Services in the second quarter valued at approximately $693,000. Bank of America Corp DE lifted its stake in shares of Stewart Information Services by 1.2% in the 1st quarter. Bank of America Corp DE now owns 215,213 shares of the insurance provider’s stock valued at $13,253,000 after acquiring an additional 2,631 shares during the last quarter. Amundi lifted its stake in shares of Stewart Information Services by 79.3% in the 1st quarter. Amundi now owns 11,225 shares of the insurance provider’s stock valued at $691,000 after acquiring an additional 4,966 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Stewart Information Services by 42.0% during the 1st quarter. California State Teachers Retirement System now owns 37,408 shares of the insurance provider’s stock valued at $2,304,000 after acquiring an additional 11,058 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Stewart Information Services by 2.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 13,253 shares of the insurance provider’s stock worth $816,000 after acquiring an additional 359 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

About Stewart Information Services

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.