Stewart Information Services Corporation (NYSE:STC) declared a quarterly dividend on Friday, September 1st, RTT News reports. Stockholders of record on Friday, September 15th will be given a dividend of 0.30 per share by the insurance provider on Friday, September 29th. This represents a $1.20 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Thursday, September 14th.

Stewart Information Services Corporation has raised its dividend by an average of 128.9% annually over the last three years.

Stewart Information Services Corporation (NYSE STC) traded down 0.57% on Wednesday, hitting $36.38. The stock had a trading volume of 12,921 shares. The firm has a market cap of $863.70 million, a price-to-earnings ratio of 13.03 and a beta of 0.76. The company’s 50 day moving average price is $37.54 and its 200 day moving average price is $42.93. Stewart Information Services Corporation has a 52-week low of $34.48 and a 52-week high of $48.17.

Stewart Information Services Corporation (NYSE:STC) last posted its quarterly earnings data on Thursday, July 20th. The insurance provider reported $0.79 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.03 by ($0.24). Stewart Information Services Corporation had a return on equity of 9.77% and a net margin of 3.27%. The firm had revenue of $485.50 million during the quarter, compared to analysts’ expectations of $503.05 million. During the same period last year, the company earned $0.49 earnings per share. The business’s revenue for the quarter was down .8% compared to the same quarter last year. Analysts expect that Stewart Information Services Corporation will post $2.43 EPS for the current year.

A number of analysts recently weighed in on the stock. Keefe, Bruyette & Woods reissued a “sell” rating and issued a $41.00 price objective on shares of Stewart Information Services Corporation in a research report on Tuesday, May 30th. BidaskClub lowered shares of Stewart Information Services Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.

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In related news, insider Nicholas Galea sold 141,000 shares of the stock in a transaction dated Tuesday, July 11th. The shares were sold at an average price of $0.48, for a total value of $67,680.00. Insiders purchased a total of 42,000 shares of company stock worth $33,020 over the last three months. 2.20% of the stock is currently owned by corporate insiders.

Stewart Information Services Corporation Company Profile

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through two segments: title insurance and ancillary services and corporate.

Dividend History for Stewart Information Services Corporation (NYSE:STC)

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