Analysts Set Stewart Information Services Corporation (NYSE:STC) Price Target at $83.00

Stewart Information Services Corporation (NYSE:STC) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $81.6667.

STC has been the subject of several research reports. Keefe, Bruyette & Woods cut their price target on Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating for the company in a report on Thursday, June 25th. Stephens reissued an “overweight” rating and set a $88.00 target price on shares of Stewart Information Services in a report on Monday, May 18th. Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Weiss Ratings raised Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th.

Insider Activity at Stewart Information Services

In related news, Director C Allen Bradley, Jr. purchased 1,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was bought at an average price of $63.87 per share, with a total value of $63,870.00. Following the completion of the purchase, the director owned 25,034 shares in the company, valued at approximately $1,598,921.58. This represents a 4.16% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO David C. Hisey sold 10,992 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $71.28, for a total transaction of $783,509.76. Following the sale, the chief financial officer directly owned 61,929 shares of the company’s stock, valued at $4,414,299.12. This represents a 15.07% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.94% of the company’s stock.

Institutional Trading of Stewart Information Services

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Stewart Information Services by 1.2% during 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 purchasing an additional 2,631 shares during the period. Amundi lifted its holdings 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 worth $691,000 after purchasing an additional 4,966 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of Stewart Information Services by 42.0% in the 1st quarter. California State Teachers Retirement System now owns 37,408 shares of the insurance provider’s stock worth $2,304,000 after purchasing an additional 11,058 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Stewart Information Services by 2.8% in the 1st quarter. The Manufacturers Life Insurance Company now owns 13,253 shares of the insurance provider’s stock worth $816,000 after purchasing an additional 359 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in Stewart Information Services by 85.7% during the 1st quarter. Quantinno Capital Management LP now owns 34,143 shares of the insurance provider’s stock valued at $2,103,000 after acquiring an additional 15,754 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Stewart Information Services Trading Down 2.4%

NYSE STC opened at $67.06 on Tuesday. The company has a market cap of $2.04 billion, a PE ratio of 14.97 and a beta of 0.99. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. Stewart Information Services has a 12 month low of $56.39 and a 12 month high of $78.61. The stock has a 50 day moving average of $67.23 and a 200-day moving average of $67.21.

Stewart Information Services (NYSE:STC) last released its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 EPS 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 return on equity of 10.07% and a net margin of 4.19%.The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.25 EPS. On average, equities research analysts anticipate that Stewart Information Services will post 5.8 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.525 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 3.1%. Stewart Information Services’s dividend payout ratio is currently 46.87%.

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.