Stewart Information Services (NYSE:STC) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen cut shares of Stewart Information Services (NYSE:STC) from a buy rating to a hold rating in a report released on Saturday.

A number of other brokerages have also recently issued reports on STC. Stephens reissued an “overweight” rating and set a $88.00 price target on shares of Stewart Information Services in a research report on Monday, May 18th. Weiss Ratings upgraded shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Keefe, Bruyette & Woods decreased their target price on shares of Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating for the company in a research note on Thursday, June 25th. Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a report on Wednesday, May 27th. Finally, Benchmark initiated coverage on Stewart Information Services in a research report on Tuesday, July 21st. They issued a “buy” rating and a $87.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.00.

Stewart Information Services Stock Performance

Shares of Stewart Information Services stock opened at $67.48 on Friday. The company has a current ratio of 1.98, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $2.05 billion, a P/E ratio of 14.80 and a beta of 0.99. The business has a fifty day simple moving average of $67.12 and a two-hundred day simple moving average of $66.80. Stewart Information Services has a 12 month low of $57.10 and a 12 month high of $78.61.

Stewart Information Services (NYSE:STC) last announced its earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24). The business had revenue of $895.80 million for the quarter, compared to the consensus estimate of $838.07 million. Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. The business’s quarterly revenue was up 24.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 EPS. On average, equities analysts forecast that Stewart Information Services will post 5.8 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 3.1%. Stewart Information Services’s payout ratio is presently 46.05%.

Insider Transactions at Stewart Information Services

In other news, Director C Allen Bradley, Jr. acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were bought at an average cost of $63.87 per share, with a total value of $63,870.00. Following the transaction, the director owned 25,034 shares of the company’s stock, valued at $1,598,921.58. This trade represents a 4.16% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.94% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Stewart Information Services by 2.4% during the first quarter. Royal Bank of Canada now owns 128,363 shares of the insurance provider’s stock valued at $9,158,000 after buying an additional 3,022 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Stewart Information Services by 6.0% during the first quarter. AQR Capital Management LLC now owns 8,583 shares of the insurance provider’s stock valued at $612,000 after acquiring an additional 483 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Stewart Information Services by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider’s stock worth $1,149,000 after acquiring an additional 712 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Stewart Information Services by 44,842.9% in the 1st quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock worth $224,000 after acquiring an additional 3,139 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Stewart Information Services by 10.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,522 shares of the insurance provider’s stock worth $6,102,000 after acquiring an additional 7,923 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other 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.