Stewart Information Services (STC) Projected to Post Earnings on Wednesday

Stewart Information Services (NYSE:STC) will likely be announcing its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.11 per share and revenue of $645.65 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Stewart Information Services Trading Down 1.2 %

Stewart Information Services stock opened at $64.89 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.94 and a current ratio of 1.94. Stewart Information Services has a fifty-two week low of $56.16 and a fifty-two week high of $78.44. The stock has a market cap of $1.80 billion, a P/E ratio of 30.61 and a beta of 1.24. The firm’s fifty day moving average price is $69.42 and its 200-day moving average price is $70.66.

Stewart Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.08%. Stewart Information Services’s payout ratio is currently 94.34%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on STC shares. Keefe, Bruyette & Woods decreased their price target on shares of Stewart Information Services from $84.00 to $74.00 and set a “market perform” rating on the stock in a report on Wednesday, January 8th. StockNews.com raised Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th.

Insider Transactions at Stewart Information Services

In other Stewart Information Services news, Director Matthew Morris sold 12,899 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $74.12, for a total transaction of $956,073.88. Following the completion of the sale, the director now owns 65,330 shares of the company’s stock, valued at $4,842,259.60. This represents a 16.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

Stewart Information Services Company Profile

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services in the United States and internationally. The company involves in searching, examining, closing, and insuring the condition of the title to real property. It also offers home and personal insurance services; services for tax-deferred exchanges; and digital customer engagement platform services.