Stewart Information Services Co. (NYSE:STC - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $65.36 and last traded at $65.36, with a volume of 20794 shares. The stock had previously closed at $64.39.
Analyst Ratings Changes
A number of equities analysts have issued reports on STC shares. Stephens reaffirmed an "overweight" rating and issued a $79.00 price objective on shares of Stewart Information Services in a research note on Thursday, April 25th. Keefe, Bruyette & Woods raised their price target on Stewart Information Services from $57.00 to $59.00 and gave the stock a "market perform" rating in a research report on Thursday, March 21st. Finally, BTIG Research upped their price objective on Stewart Information Services from $68.00 to $70.00 and gave the company a "buy" rating in a report on Monday, April 29th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.33.
View Our Latest Stock Analysis on Stewart Information Services
Stewart Information Services Trading Up 0.4 %
The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 42.53 and a beta of 1.17. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.33. The company's fifty day simple moving average is $62.20 and its two-hundred day simple moving average is $58.05.
Stewart Information Services (NYSE:STC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The insurance provider reported $0.17 EPS for the quarter. Stewart Information Services had a return on equity of 4.69% and a net margin of 1.83%. The business had revenue of $554.32 million for the quarter. Research analysts forecast that Stewart Information Services Co. will post 4.5 earnings per share for the current fiscal year.
Stewart Information Services Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend was Thursday, March 14th. Stewart Information Services's dividend payout ratio (DPR) is presently 125.00%.
Insider Activity at Stewart Information Services
In other Stewart Information Services news, Director Matthew Morris sold 12,000 shares of Stewart Information Services stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $63.11, for a total value of $757,320.00. Following the sale, the director now directly owns 76,867 shares in the company, valued at approximately $4,851,076.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is owned by insiders.
Hedge Funds Weigh In On Stewart Information Services
A number of institutional investors have recently added to or reduced their stakes in STC. SG Americas Securities LLC bought a new position in Stewart Information Services during the first quarter worth $111,000. Heritage Wealth Management LLC acquired a new position in Stewart Information Services in the 4th quarter valued at about $216,000. Envestnet Portfolio Solutions Inc. bought a new position in Stewart Information Services in the 3rd quarter valued at about $227,000. Truist Financial Corp acquired a new stake in Stewart Information Services during the fourth quarter worth approximately $247,000. Finally, Capstone Investment Advisors LLC bought a new stake in shares of Stewart Information Services during the first quarter worth approximately $283,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.
About Stewart Information Services
(
Get Free Report)
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.
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