About Investors Title (NASDAQ:ITIC)
Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It also provides services in connection with tax-deferred exchanges of like-kind property; serves as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction; and performs duties, including drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property. In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 22 states and the District of Columbia, primarily in the eastern half of the United States. Investors Title Company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.
Industry, Sector and Symbol
Industry Title insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNASDAQ:ITIC
CUSIP46180410
Phone919-968-2200
Debt
Debt-to-Equity RatioN/A
Current Ratio0.96
Quick Ratio0.96
Price-To-Earnings
Trailing P/E Ratio17.67
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$161.65 million
Price / Sales2.19
Cash Flow$12.4743 per share
Price / Cash14.99
Book Value$95.44 per share
Price / Book1.96
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$25.70 million
Net Margins16.12%
Return on Equity11.55%
Return on Assets8.17%
Miscellaneous
Employees383
Outstanding Shares1,890,000
Investors Title (NASDAQ:ITIC) Frequently Asked Questions
What is Investors Title's stock symbol?
Investors Title trades on the NASDAQ under the ticker symbol "ITIC."
How often does Investors Title pay dividends? What is the dividend yield for Investors Title?
Investors Title declared a quarterly dividend on Thursday, May 17th. Investors of record on Friday, June 15th will be given a dividend of $0.40 per share on Friday, June 29th. This represents a $1.60 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Thursday, June 14th. View Investors Title's Dividend History.
How were Investors Title's earnings last quarter?
Investors Title (NASDAQ:ITIC) released its quarterly earnings data on Wednesday, November, 2nd. The insurance provider reported $4.29 EPS for the quarter. The insurance provider earned $41 million during the quarter, compared to analyst estimates of $34.50 million. Investors Title had a return on equity of 11.55% and a net margin of 16.12%. View Investors Title's Earnings History.
When is Investors Title's next earnings date?
Who are some of Investors Title's key competitors?
Some companies that are related to Investors Title include Government Properties Income Trust (GOV), Provident Financial (PFG), Washington Prime Group (WPG), 1st Source (SRCE), Reaves Utility Income Fund (UTG), HFF (HF), LGI Homes (LGIH), Industrial Logistics Properties Trust (ILPT), Purplebricks Group (PRPPF), National Storage (NSA), Four Corners Property (FCPT), Tortoise Energy Infrastructure (TYG), CYRELA BRAZIL R/S (CYRBY), Royce Value Trust (RVT) and Third Point Reinsurance (TPRE).
Who are Investors Title's key executives?
Investors Title's management team includes the folowing people:
- Mr. James Allen Fine, CEO & Chairman (Age 83)
- Mr. James Allen Fine Jr., Pres, Treasurer, CFO, Chief Accounting Officer & Director (Age 55)
- Mr. William Morris Fine, Exec. VP, Sec. & Director (Age 51)
- Ms. L. Dawn Martin, VP of Corp. Admin. and Investor Relations Officer (Age 51)
- Ms. Mitchell D. Ward SPHR, VP of HR
Has Investors Title been receiving favorable news coverage?
Media headlines about ITIC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Investors Title earned a news impact score of 0.17 on Accern's scale. They also assigned headlines about the insurance provider an impact score of 46.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Investors Title's major shareholders?
Investors Title's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.05%), BlackRock Inc. (5.50%), Wells Fargo & Company MN (1.81%), Northern Trust Corp (1.21%), BB&T Securities LLC (0.30%) and Schwab Charles Investment Management Inc. (0.18%). View Institutional Ownership Trends for Investors Title.
Which institutional investors are selling Investors Title stock?
ITIC stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, O Shaughnessy Asset Management LLC, BB&T Securities LLC, Northern Trust Corp, Dimensional Fund Advisors LP and BlackRock Inc.. View Insider Buying and Selling for Investors Title.
Which institutional investors are buying Investors Title stock?
How do I buy shares of Investors Title?
Shares of ITIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Investors Title's stock price today?
One share of ITIC stock can currently be purchased for approximately $186.99.
How big of a company is Investors Title?
Investors Title has a market capitalization of $352.78 million and generates $161.65 million in revenue each year. Investors Title employs 383 workers across the globe.
How can I contact Investors Title?
Investors Title's mailing address is 121 NORTH COLUMBIA STREET, CHAPEL HILL NC, 27514. The insurance provider can be reached via phone at 919-968-2200 or via email at [email protected]
MarketBeat Community Rating for Investors Title (ITIC)
MarketBeat's community ratings are surveys of what our community members think about Investors Title and other stocks. Vote "Outperform" if you believe ITIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Investors Title (NASDAQ:ITIC) Dividend Information
Investors Title pays an annual dividend of $1.60 per share, with a dividend yield of 0.86%. ITIC's next quarterly dividend payment will be made on Friday, June 29.
| Next Dividend: | 6/29/2018 |
| Annual Dividend: | $1.60 |
| Dividend Yield: | 0.86% |
| Payout Ratio(s): | 12.83% (Based on Cash Flow)
N/A |
Investors Title (NASDAQ:ITIC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/17/2018 | quarterly | $0.40 | 0.84% | 6/14/2018 | 6/15/2018 | 6/29/2018 |
| 3/6/2018 | quarterly | $0.40 | 0.82% | 3/19/2018 | 3/20/2018 | 3/30/2018 |
| 11/15/2017 | quarterly | $0.40 | 0.85% | 11/30/2017 | 12/1/2017 | 12/15/2017 |
| 8/17/2017 | quarterly | $0.40 | 0.88% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/18/2017 | quarterly | $0.35 | 0.74% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 3/1/2017 | quarterly | $0.20 | 0.57% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 11/16/2016 | quarterly | $0.20 | 0.66% | 11/29/2016 | 12/1/2016 | 12/15/2016 |
| 8/11/2016 | quarterly | $0.20 | 0.83% | 8/30/2016 | 9/1/2016 | 9/15/2016 |
| 5/19/2016 | quarterly | $0.16 | 0.7% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 3/1/2016 | quarterly | $0.16 | 0.72% | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 11/12/2015 | quarterly | $0.16 | 0.79% | 11/27/2015 | 12/1/2015 | 12/15/2015 |
| 8/13/2015 | quarterly | $0.08 | 0.46% | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 5/21/2015 | quarterly | $0.08 | 0.44% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 3/10/2015 | quarterly | $0.08 | 0.45% | 3/19/2015 | 3/23/2015 | 3/31/2015 |
| 11/11/2014 | quarterly | $0.08 | 0.43% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
| 8/12/2014 | quarterly | $0.08 | 0.46% | 8/27/2014 | 9/1/2014 | 9/15/2014 |
| 5/22/2014 | quarterly | $0.08 | 0.46% | 6/12/2014 | 6/16/2014 | 6/30/2014 |
| 3/3/2014 | quarterly | $0.08 | 0.4% | 3/13/2014 | 3/17/2014 | 3/31/2014 |
| 11/11/2013 | quarterly | $0.08 | 0.41% | 11/27/2013 | 12/2/2013 | 12/16/2013 |
| 8/12/2013 | quarterly | $0.08 | 0.43% | 8/28/2013 | 9/2/2013 | 9/16/2013 |
| 5/15/2013 | quarterly | $0.08 | 0.45% | 6/12/2013 | 6/14/2013 | 6/28/2013 |
| 3/4/2013 | quarterly | $0.08 | 0.48% | 3/14/2013 | 3/18/2013 | 3/28/2013 |
(Data available from 1/1/2013 forward)
Investors Title (NASDAQ:ITIC) SEC Filings
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