Stewart Information Services Corporation (STC) to Issue Quarterly Dividend of $0.53 on March 31st

Stewart Information Services Corporation (NYSE:STC) announced a quarterly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be paid a dividend of 0.525 per share by the insurance provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, March 16th.

Stewart Information Services has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 4 years. Stewart Information Services has a payout ratio of 32.7% indicating that its dividend is sufficiently covered by earnings.

Stewart Information Services Stock Up 0.3%

Shares of STC traded up $0.21 during mid-day trading on Wednesday, reaching $68.79. The company’s stock had a trading volume of 34,089 shares, compared to its average volume of 249,154. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 17.03 and a beta of 1.01. The business has a fifty day moving average of $68.78 and a 200 day moving average of $71.24. The company has a quick ratio of 1.77, a current ratio of 2.19 and a debt-to-equity ratio of 0.39. Stewart Information Services has a 1 year low of $56.39 and a 1 year high of $78.61.

Stewart Information Services (NYSE:STC) last posted its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.30. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The firm had revenue of $794.40 million for the quarter, compared to analyst estimates of $774.05 million. During the same period in the previous year, the firm earned $1.12 earnings per share. Stewart Information Services’s quarterly revenue was up 18.7% on a year-over-year basis. As a group, analysts forecast that Stewart Information Services will post 6.29 earnings per share for the current fiscal year.

Institutional Trading of Stewart Information Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vident Advisory LLC lifted its holdings in Stewart Information Services by 1,204.5% during the 4th quarter. Vident Advisory LLC now owns 52,689 shares of the insurance provider’s stock worth $3,702,000 after buying an additional 48,650 shares in the last quarter. XTX Topco Ltd bought a new position in Stewart Information Services in the fourth quarter valued at about $645,000. Zimmer Partners LP acquired a new stake in Stewart Information Services in the fourth quarter worth about $24,901,000. VARCOV Co. bought a new stake in Stewart Information Services during the 4th quarter worth about $461,000. Finally, Voloridge Investment Management LLC acquired a new position in Stewart Information Services during the 4th quarter valued at about $230,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

About Stewart Information Services

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.