Stewart Information Services (NYSE:STC) Price Target Raised to $81.00

Stewart Information Services (NYSE:STC) had its price objective lifted by investment analysts at Keefe, Bruyette & Woods from $78.00 to $81.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the insurance provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 12.97% from the stock’s previous close.

STC has been the subject of several other reports. Citizens Jmp initiated coverage on shares of Stewart Information Services in a research note on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 target price for the company. Wall Street Zen cut shares of Stewart Information Services from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Stephens raised shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price target for the company in a report on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $81.00.

Stewart Information Services Stock Up 1.1%

STC traded up $0.76 during trading on Friday, hitting $71.70. The stock had a trading volume of 40,674 shares, compared to its average volume of 242,937. The company has a market capitalization of $2.18 billion, a PE ratio of 15.99 and a beta of 1.03. Stewart Information Services has a twelve month low of $56.39 and a twelve month high of $78.61. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.21 and a current ratio of 2.21. The stock has a 50 day simple moving average of $65.00 and a two-hundred day simple moving average of $68.82.

Stewart Information Services (NYSE:STC) last announced its earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.26. The company had revenue of $778.40 million during the quarter, compared to the consensus estimate of $730.43 million. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.27%. Stewart Information Services’s revenue was up 27.7% compared to the same quarter last year. During the same period last year, the firm earned $0.25 earnings per share.

Insider Activity

In related news, Director C Allen Bradley, Jr. purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was acquired at an average price of $65.34 per share, with a total value of $65,340.00. Following the completion of the acquisition, the director owned 21,243 shares in the company, valued at approximately $1,388,017.62. This represents a 4.94% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.94% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in STC. Capital International Investors raised its holdings in shares of Stewart Information Services by 107.7% during the third quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock worth $56,050,000 after purchasing an additional 396,390 shares during the last quarter. Zimmer Partners LP purchased a new position in shares of Stewart Information Services during the fourth quarter worth $24,901,000. Millennium Management LLC raised its holdings in shares of Stewart Information Services by 75.9% during the fourth quarter. Millennium Management LLC now owns 701,148 shares of the insurance provider’s stock worth $49,263,000 after purchasing an additional 302,623 shares during the last quarter. Alyeska Investment Group L.P. purchased a new position in shares of Stewart Information Services during the fourth quarter worth $21,078,000. Finally, Ghisallo Capital Management LLC purchased a new position in shares of Stewart Information Services during the fourth quarter worth $19,673,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Stewart Information Services Company Profile

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.