Stewart Information Services (NYSE:STC) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Stewart Information Services Corporation (NYSE:STCGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $68.60 and traded as high as $68.64. Stewart Information Services shares last traded at $67.7050, with a volume of 120,759 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Stephens reaffirmed an “overweight” rating and issued a $88.00 price target on shares of Stewart Information Services in a report on Monday, May 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Keefe, Bruyette & Woods boosted their price objective on Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Citizens Jmp assumed coverage on Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Stewart Information Services currently has an average rating of “Buy” and an average target price of $83.00.

Check Out Our Latest Analysis on STC

Stewart Information Services Stock Up 0.4%

The company has a market cap of $2.07 billion, a price-to-earnings ratio of 15.17 and a beta of 1.02. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. The business has a fifty day moving average price of $65.41 and a two-hundred day moving average price of $68.60.

Stewart Information Services (NYSE:STCGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.26. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The business had revenue of $778.40 million for the quarter, compared to the consensus estimate of $730.43 million. During the same period in the prior year, the business posted $0.25 earnings per share. Stewart Information Services’s revenue for the quarter was up 27.7% compared to the same quarter last year.

Stewart Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, March 16th. Stewart Information Services’s dividend payout ratio is presently 46.87%.

Insider Activity at Stewart Information Services

In related news, Director C Allen Bradley, Jr. purchased 1,000 shares of the stock in a transaction on Tuesday, March 10th. The shares were bought at an average price of $65.34 per share, for a total transaction of $65,340.00. Following the completion of the acquisition, the director directly owned 21,243 shares in the company, valued at approximately $1,388,017.62. This trade represents a 4.94% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David C. Hisey sold 10,992 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $71.28, for a total transaction of $783,509.76. Following the completion of the transaction, the chief financial officer owned 61,929 shares in the company, valued at $4,414,299.12. The trade was a 15.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.94% of the company’s stock.

Institutional Investors Weigh In On Stewart Information Services

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Beacon Harbor Wealth Advisors Inc. acquired a new stake in Stewart Information Services during the fourth quarter worth about $6,227,000. Intech Investment Management LLC boosted its stake in shares of Stewart Information Services by 111.0% in the 3rd quarter. Intech Investment Management LLC now owns 57,198 shares of the insurance provider’s stock valued at $4,194,000 after purchasing an additional 30,093 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Stewart Information Services in the 3rd quarter valued at $1,389,000. Portolan Capital Management LLC acquired a new stake in shares of Stewart Information Services in the 3rd quarter valued at $7,463,000. Finally, Penn Capital Management Company LLC acquired a new stake in shares of Stewart Information Services in the 3rd quarter valued at $2,309,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

About Stewart Information Services

(Get Free Report)

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.

Further Reading

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