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

Stewart Information Services (NYSE:STC) is projected to post its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Stewart Information Services to post earnings of $0.34 per share and revenue of $595.50 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.01. Stewart Information Services had a net margin of 2.94% and a return on equity of 6.81%.

Stewart Information Services Price Performance

Shares of Stewart Information Services stock opened at $65.27 on Monday. The firm’s 50-day moving average price is $69.01 and its two-hundred day moving average price is $69.20. The company has a current ratio of 1.86, a quick ratio of 1.94 and a debt-to-equity ratio of 0.32. Stewart Information Services has a 1-year low of $58.61 and a 1-year high of $78.44. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 25.11 and a beta of 1.05.

Stewart Information Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a dividend of $0.50 per share. The ex-dividend date was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.06%. Stewart Information Services’s dividend payout ratio (DPR) is 76.92%.

Analyst Upgrades and Downgrades

STC has been the subject of several research reports. StockNews.com raised Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Wednesday, April 16th. Stephens reissued an “overweight” rating and issued a $82.00 price target on shares of Stewart Information Services in a research note on Thursday, February 6th. Finally, Keefe, Bruyette & Woods increased their price objective on Stewart Information Services from $74.00 to $75.00 and gave the stock a “market perform” rating in a report on Friday, February 7th.

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.