Stewart Information Services Co. (NYSE:STC – Get Free Report) announced a quarterly dividend on Monday, March 3rd, RTT News reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.50 per share by the insurance provider on Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date is Monday, March 17th.
Stewart Information Services has raised its dividend payment by an average of 12.6% per year over the last three years. Stewart Information Services has a dividend payout ratio of 30.3% indicating that its dividend is sufficiently covered by earnings.
Stewart Information Services Price Performance
STC stock opened at $71.69 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.86 and a quick ratio of 1.94. The business has a 50 day simple moving average of $66.72 and a 200-day simple moving average of $70.19. The firm has a market capitalization of $1.99 billion, a PE ratio of 27.57 and a beta of 1.19. Stewart Information Services has a 1 year low of $58.23 and a 1 year high of $78.44.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on STC. StockNews.com upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Stephens reiterated an “overweight” rating and issued a $82.00 price objective on shares of Stewart Information Services in a research report 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 research report on Friday, February 7th.
Get Our Latest Analysis on Stewart Information Services
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.
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