Stephens Reiterates Overweight Rating for Stewart Information Services (NYSE:STC)

Stewart Information Services (NYSE:STC)‘s stock had its “overweight” rating restated by equities research analysts at Stephens in a research report issued on Monday,Benzinga reports. They currently have a $88.00 price target on the insurance provider’s stock. Stephens’ target price indicates a potential upside of 31.90% from the company’s previous close.

A number of other equities analysts also recently commented on STC. Citizens Jmp started coverage on Stewart Information Services in a report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price objective on the stock. Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Keefe, Bruyette & Woods increased their price target on shares of Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Weiss Ratings restated 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 an average rating of “Buy” and a consensus price target of $83.00.

Stewart Information Services Price Performance

STC opened at $66.72 on Monday. The stock has a fifty day moving average price of $65.07 and a 200 day moving average price of $68.67. 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 1 year low of $56.39 and a 1 year high of $78.61. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 14.89 and a beta of 1.02.

Stewart Information Services (NYSE:STC) last issued its earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.26. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The company had revenue of $778.40 million for the quarter, compared to analyst estimates of $730.43 million. During the same period in the prior year, the firm posted $0.25 EPS. The business’s revenue was up 27.7% compared to the same quarter last year.

Insider Activity at Stewart Information Services

In other news, Director C Allen Bradley, Jr. bought 1,000 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were 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 $1,388,017.62. This represents a 4.94% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David C. Hisey sold 10,992 shares of Stewart Information Services stock in a transaction on Friday, April 24th. The stock was sold at an average price of $71.28, for a total transaction of $783,509.76. Following the completion of the transaction, the chief financial officer owned 61,929 shares in the company, valued at $4,414,299.12. This trade represents a 15.07% decrease in their position. The SEC filing for this sale provides additional information. 2.94% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Stewart Information Services

A number of institutional investors have recently made changes to their positions in STC. Caitlin John LLC bought a new stake in Stewart Information Services during the 3rd quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd bought a new position in Stewart Information Services in the 4th quarter worth approximately $43,000. Exchange Traded Concepts LLC bought a new position in Stewart Information Services in the 4th quarter worth approximately $65,000. Horizon Investments LLC acquired a new position in shares of Stewart Information Services during the fourth quarter worth approximately $65,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Stewart Information Services in the fourth quarter valued at approximately $66,000. 96.90% of the stock is currently owned by institutional investors.

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.