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

Stewart Information Services (NYSE:STC) is expected to be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect Stewart Information Services to post earnings of $1.11 per share and revenue of $645.65 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Stewart Information Services Trading Down 0.4 %

Shares of NYSE STC opened at $65.24 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $1.81 billion, a PE ratio of 30.77 and a beta of 1.24. Stewart Information Services has a twelve month low of $56.16 and a twelve month high of $78.44. The stock has a fifty day simple moving average of $68.91 and a 200-day simple moving average of $70.55.

Stewart Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.07%. The ex-dividend date was Monday, December 16th. Stewart Information Services’s dividend payout ratio is currently 94.34%.

Insider Activity

In other news, Director Matthew Morris sold 12,899 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $74.12, for a total value of $956,073.88. Following the sale, the director now directly owns 65,330 shares in the company, valued at approximately $4,842,259.60. This trade represents a 16.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on STC. Keefe, Bruyette & Woods lowered their price objective on shares of Stewart Information Services from $84.00 to $74.00 and set a “market perform” rating for the company in a research note on Wednesday, January 8th. StockNews.com cut shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Friday.

About Stewart Information Services

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.