Stewart Information Services (NYSE:STC) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Stewart Information Services Corporation (NYSE:STC – Get Free Report) shares 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

STC has been the subject of a number of research analyst reports. 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. Keefe, Bruyette & Woods lifted their target price on shares of Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research report on Friday, March 27th. Stephens reaffirmed an “overweight” rating and issued a $88.00 target price on shares of Stewart Information Services in a research report on Monday, May 18th. Finally, Citizens Jmp started coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 target price for the company. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $83.00.

View Our Latest Analysis on Stewart Information Services

Stewart Information Services Stock Performance

The business’s 50-day simple moving average is $65.34 and its 200 day simple moving average is $68.60. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.12 and a current ratio of 2.12. The firm has a market cap of $2.06 billion, a P/E ratio of 15.11 and a beta of 1.02.

Stewart Information Services (NYSE:STC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $778.40 million during the quarter, compared to the consensus estimate of $730.43 million. During the same quarter in the previous year, the firm posted $0.25 EPS. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year.

Stewart Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.1%. Stewart Information Services’s payout ratio is presently 46.88%.

Insiders Place Their Bets

In other news, Director C Allen Bradley, Jr. bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of $65.34 per share, with a total value of $65,340.00. Following the acquisition, the director owned 21,243 shares of the company’s stock, valued at approximately $1,388,017.62. This represents a 4.94% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction on Friday, April 24th. The stock was 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 directly owned 61,929 shares of the company’s stock, valued at $4,414,299.12. This represents a 15.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.94% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of STC. Caitlin John LLC bought a new position in Stewart Information Services in the 3rd quarter worth $31,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Stewart Information Services during the 4th quarter valued at about $43,000. Exchange Traded Concepts LLC bought a new position in shares of Stewart Information Services during the 4th quarter valued at about $65,000. Horizon Investments LLC bought a new position in shares of Stewart Information Services during the 4th quarter valued at about $65,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Stewart Information Services during the 4th quarter valued at about $66,000. Institutional investors 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.

Read More