Investors Title (ITIC) Stock Price, News & Analysis

Company Overview

Investors Title Company engages in the issuance of residential and commercial 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 offers services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as 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 directly and through a network of 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.

Key Stats

• Today's Range: $271.02 to $275.92
• 50-Day Range: $219.35 to $274.78
• 52-Week Range: $141.41 to $283.27
• Volume: 10,867 shs
• Average Volume: 10,692 shs
• Market Capitalization: $511.69 million
• P/E Ratio: 17.97
• Dividend Yield: 0.68%
• Price Target: N/A
• Consensus Rating: N/A

Investors Title Stock Analysis - MarketRank™

Investors Title scored higher than 35% of companies evaluated by MarketBeat, and ranked 792nd out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Investors Title.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Investors Title is 17.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of Investors Title is 17.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.75.

Price to Book Value per Share Ratio

Investors Title has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.87% of the float of Investors Title has been sold short.

Short Interest Ratio / Days to Cover

Investors Title has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Investors Title has recently increased by 41.40%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Investors Title has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Investors Title does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Investors Title is 12.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.87% of the float of Investors Title has been sold short.

Short Interest Ratio / Days to Cover

Investors Title has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Investors Title has recently increased by 41.40%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.58

News Sentiment

Investors Title has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Investors Title this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Investors Title insiders have not sold or bought any company stock.

Percentage Held by Insiders

26.54% of the stock of Investors Title is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

41.40% of the stock of Investors Title is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ITIC Stock Analysis - Frequently Asked Questions

How have ITIC shares performed this year?

Investors Title's stock was trading at $162.14 at the beginning of 2024. Since then, ITIC shares have increased by 67.5% and is now trading at $271.60.
View the best growth stocks for 2024 here.

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 had revenue of $41 million for the quarter, compared to the consensus estimate of $34.50 million. Investors Title had a trailing twelve-month return on equity of 10.99% and a net margin of 11.83%.

Who are Investors Title's major shareholders?

Investors Title's top institutional shareholders include Geode Capital Management LLC (1.77%), State Street Corp (1.33%), Oppenheimer & Co. Inc. (0.43%) and Wallace Capital Management Inc. (0.35%).
View institutional ownership trends.

How do I buy shares of Investors Title?

Shares of ITIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Investors Title own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Investors Title investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Alphabet (GOOG) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 11/02/2016
• Ex-Dividend for 9/16 Dividend: 9/03/2024
• Dividend Payable: 9/16/2024
• Today: 11/16/2024
• Ex-Dividend for 12/16 Dividend: 12/02/2024
• Dividend Payable: 12/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Title insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:ITIC
• CUSIP: 46180410
• CIK: 720858
• Web: www.invtitle.com
• Phone: (800) 326-4842
• Fax: 888-467-2440
• Employees: 560
• Year Founded: 1972

Profitability

• EPS (Most Recent Fiscal Year): $15.11
• Trailing P/E Ratio: 17.97
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $21.69 million
• Net Margins: 11.83%
• Pretax Margin: 14.45%
• Return on Equity: 10.99%
• Return on Assets: 8.44%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.79
• Quick Ratio: 1.79

Sales & Book Value

• Annual Sales: $224.75 million
• Price / Sales: 2.27
• Cash Flow: $11.64 per share
• Price / Cash Flow: 23.34
• Book Value: $144.00 per share
• Price / Book: 1.89

Miscellaneous

• Outstanding Shares: 1,880,000
• Free Float: 1,384,000
• Market Cap: $510.61 million
• Optionable: Not Optionable
• Beta: 0.85