Stewart Information Services (NYSE:STC) Price Target Cut to $78.00 by Analysts at Keefe, Bruyette & Woods

Stewart Information Services (NYSE:STC) had its target price reduced by Keefe, Bruyette & Woods from $82.00 to $78.00 in a research report report published on Friday morning,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the insurance provider’s stock.

Several other equities analysts have also recently commented on STC. Stephens raised shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 target price on the stock in a research report on Friday, February 27th. Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Citizens Jmp started coverage on shares of Stewart Information Services in a report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $80.00.

Stewart Information Services Price Performance

Stewart Information Services stock opened at $64.55 on Friday. Stewart Information Services has a 52 week low of $56.39 and a 52 week high of $78.61. The company’s 50 day moving average price is $65.59 and its two-hundred day moving average price is $69.24. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.39. The stock has a market cap of $1.96 billion, a P/E ratio of 15.98 and a beta of 1.03.

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

Stewart Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, March 16th. Stewart Information Services’s payout ratio is currently 51.98%.

Insiders Place Their Bets

In other Stewart Information Services news, Director C Allen Bradley, Jr. acquired 1,000 shares of Stewart Information Services stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average cost of $65.34 per share, for a total transaction of $65,340.00. Following the purchase, the director owned 21,243 shares of the company’s stock, valued at approximately $1,388,017.62. This represents a 4.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC grew its stake in Stewart Information Services by 34.0% in the 4th quarter. Hsbc Holdings PLC now owns 6,964 shares of the insurance provider’s stock valued at $487,000 after buying an additional 1,766 shares in the last quarter. Vident Advisory LLC grew its stake in Stewart Information Services by 1,204.5% in the 4th quarter. Vident Advisory LLC now owns 52,689 shares of the insurance provider’s stock valued at $3,702,000 after buying an additional 48,650 shares in the last quarter. XTX Topco Ltd purchased a new position in Stewart Information Services in the 4th quarter valued at approximately $645,000. Zimmer Partners LP purchased a new position in Stewart Information Services in the 4th quarter valued at approximately $24,901,000. Finally, VARCOV Co. purchased a new position in Stewart Information Services in the 4th quarter valued at approximately $461,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

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.