Brokerages Set Stewart Information Services Corporation (NYSE:STC) PT at $83.00

Stewart Information Services Corporation (NYSE:STC) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $83.00.

Several analysts have weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Zacks Research raised Stewart Information Services to a “hold” rating in a report on Wednesday, May 27th. Keefe, Bruyette & Woods upped their target price on Stewart Information Services from $78.00 to $81.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Stephens reissued an “overweight” rating and issued a $88.00 target price on shares of Stewart Information Services in a report on Monday, May 18th.

Insider Buying and Selling at Stewart Information Services

In related news, Director C Allen Bradley, Jr. acquired 1,000 shares of Stewart Information Services stock in a transaction dated Monday, June 1st. The shares were acquired at an average cost of $63.87 per share, for a total transaction of $63,870.00. Following the completion of the transaction, the director directly owned 25,034 shares of the company’s stock, valued at $1,598,921.58. The trade was a 4.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the completion of the sale, the chief financial officer owned 61,929 shares in the company, valued at $4,414,299.12. This represents a 15.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.94% of the stock is owned by corporate insiders.

Institutional Trading of Stewart Information Services

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

Stewart Information Services Trading Up 1.4%

Shares of STC stock opened at $63.50 on Friday. The business’s fifty day moving average price is $65.92 and its 200 day moving average price is $68.24. Stewart Information Services has a 1-year low of $56.39 and a 1-year high of $78.61. The firm has a market capitalization of $1.93 billion, a PE ratio of 14.17 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.12 and a quick ratio of 2.12.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.26. The firm had revenue of $778.40 million for the quarter, compared to analyst estimates of $730.43 million. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.Stewart Information Services’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.25 earnings per share. As a group, sell-side analysts forecast that Stewart Information Services will post 5.8 EPS for the current fiscal year.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, June 15th. Stewart Information Services’s dividend payout ratio is currently 46.88%.

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.