Stewart Information Services (STC) to Release Quarterly Earnings on Wednesday

Stewart Information Services (NYSE:STC - Get Free Report) is expected to issue its quarterly earnings data after the market closes 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. Investors that wish to listen to the company's conference call can do so using this link.

Stewart Information Services Trading Down 0.4 %

NYSE:STC traded down $0.23 during trading hours on Friday, hitting $65.24. The company had a trading volume of 143,894 shares, compared to its average volume of 188,052. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.94. The stock has a 50-day moving average price of $68.91 and a 200 day moving average price of $70.55. The company 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 52 week low of $56.16 and a 52 week high of $78.44.

Stewart Information Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date was Monday, December 16th. Stewart Information Services's payout ratio is 94.34%.

Insider Buying and Selling

In related news, Director Matthew Morris sold 12,899 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $74.12, for a total value of $956,073.88. Following the sale, the director now owns 65,330 shares in the company, valued at $4,842,259.60. This represents a 16.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have commented on STC shares. StockNews.com lowered shares of Stewart Information Services from a "buy" rating to a "hold" rating in a report on Friday. Keefe, Bruyette & Woods lowered their target price on 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.

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.