Stewart Information Services

Stewart Information Services Corp. is a real estate services company, which engages in the provision of title insurance and settlement-related services. It operates through the Title Insurance and Related Services, and Ancillary Services and Corporate segments. The Title Insurance and Related Services segment consists of searching, examining, closing, and insuring the condition of the title to real property. The Ancillary Services and Corporate segment includes its parent holding company, centralized administrative services departments, and ancillary service operations. The company was founded in 1893 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stewart Information Services reports Q4 earnings, eyes market turnaround

Stewart Information Services navigated challenges in the purchase market but maintained a strong financial position and focused on operational improvements.
Despite revenue declines, the company saw improvements in order trends, hinting at a potential market turnaround.
Expense management and margin challenges remain focal points for executives, with opportunities for growth in the commercial market in 2023.
The company's performance in Q4 2022 reflects resilience amidst market headwinds and strategic focus on financial discipline and efficiency.

Stewart Information Services reports Q1 loss, focuses on margin improvement

Stewart Information Services navigated a challenging Q1 with a focus on improving performance and margins. Despite revenue declines, the company is strategically managing expenses and investing for long-term growth.

Stewart Information Services reports Q2 earnings, focuses on growth strategies

Stewart Information Services navigated market challenges in Q2 2023 with a focus on operational performance and customer-centric investments.
Despite revenue declines in the title segment, the company's strong financial position and strategic initiatives bode well for future growth.
Balancing expense management with investments in technology and talent remains crucial for Stewart's long-term success and profitability.
Stewart's commitment to enhancing customer experience and operational efficiency underscores its resilience and strategic vision for sustainable growth.

Stewart Information Services reports Q3 earnings amidst mortgage rate challenges

Stewart Information Services navigated short-term economic challenges from mortgage rate fluctuations while focusing on long-term goals. Market share gains in the commercial segment and a target of low double-digit margins by 2025 showcase the company's strategic direction.

Stewart Information Services navigates real estate challenges with strategic investments

Stewart Information Services faced challenges in the real estate market but maintained a solid financial position.
The company is focused on improving margins, growth, and resiliency through strategic investments.
Opportunities lie in margin improvements, expense management, and investments in technology for future performance.

Stewart Information Services reports solid Q1 earnings amidst market challenges

Stewart Information Services navigated Q1 2024 with solid financial performance, reporting net income of $3 million on total revenues of $554 million. The company's focus on strategic priorities, share gains, and operational efficiency positions it well for future growth.
Challenges include the impact of elevated mortgage rates on transaction volumes and the need to address concerns around sustainability of business run rate and margin trends. Opportunities in technology investments, talent retention, and potential M&A present avenues for future expansion and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that Lou Pontani is a recipient of the 2024 Tech Trendsetters award presented by HousingWire. The annual award, now in its sixth year, recognizes the most impactful and innovative technology leaders serving the housing economy. Pontani serves as Executive Vice President, Information Technology & Enterprise Operations where he oversees Stewart's strategic operational priorities and digital strategy,.

Stewart Executive Vice President Lou Pontani Honored with HousingWire's 2024 Tech Trendsetters Award

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE: STC) announced today that Fred Eppinger, Chief Executive Officer and David Hisey, Chief Financial Officer, will participate in a fireside chat at the Stephens Annual Investment Conference on Tuesday, November 19, 2024 at 4 p.m. Eastern Time. Interested investors and other parties can access a live webcast of the presentation by visiting Stewart's Investor Relations website. An online replay will be available on the same w.

Stewart Information Services Corporation Announces Participation in the Stephens Annual Investment Conference

Stewart Information Services Corporation (NYSE:STC ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Kathryn Bass - Director of Investor Relations Frederick Eppinger - Chief Executive Officer David Hisey - Chief Financial Officer Conference Call Participants Bose George - KBW John Campbell - Stephens Inc. Operator Hello and thank you for joining the Stewart Information Services Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Stewart Information Services Corporation (STC) Q3 2024 Earnings Call Transcript

Total revenues of $667.9 million ($663.2 million on an adjusted basis) compared to $601.7 million ($603.7 million on an adjusted basis) in the prior year quarter Net income of $30.1 million ($33.1 million on an adjusted basis) compared to $14.0 million ($23.9 million on an adjusted basis) in the prior year quarter Diluted earnings per share of $1.07 ($1.17 on an adjusted basis) compared to prior year diluted EPS of $0.51 ($0.86 on an adjusted basis) HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Stewart Information Services Corporation (NYSE: STC) today reported net income attributable to Stewart of $30.1 million ($1.07 per diluted share) for the third quarter 2024, compared to $14.0 million ($0.51 per diluted share) for the third quarter 2023. On an adjusted basis, third quarter 2024 net income was $33.1 million ($1.17 per diluted share) compared to $23.9 million ($0.86 per diluted share) in the third quarter 2023.

Stewart Reports Third Quarter 2024 Results

IRVINE, Calif. , Oct. 23, 2024 /PRNewswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced the findings of a consumer survey that highlighted the increasing digitalization of the front-end of the mortgage origination process and growing homebuyer expectations for an even more automated, digital experience.

Cloudvirga Survey Reveals Homebuyers' Growing Satisfaction and Expectations for Technology in the Mortgage Process, as well as Concerns over AI Use

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE: STC) announced today it will hold a conference call to discuss third quarter 2024 earnings at 8:30 a.m. Eastern Time on Thursday, October 24, 2024. The call will follow the company's release of earnings after the close of trading on Wednesday, October 23. Individuals wishing to participate can dial (800) 343-5172 (USA) and (203) 518-9856 (International) – access code STCQ324. The conference call replay will be available f.

Stewart Information Services Corporation Announces Third Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Stewart Title announced today that Heather Bland has joined the company as the new Senior Vice President, Chief Underwriting Counsel for Direct Operations. In this role, Bland will work in conjunction with the Legal Department and Direct Operations leadership developing underwriting strategy and growing the company's commercial capabilities in Direct Operations.

Stewart Title Hires New Senior Vice President, Chief Underwriting Counsel for Direct Operations

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) today announced the planned retirement of Steve Lessack, Group President, effective at the end of the year. Lessack joined Stewart in 1995, serving as Group President since 2019. “When I joined Stewart in 2019, I asked Steve to stay on to lead our Direct Operations, National Commercial Services and International Operations,” said Fred Eppinger, Stewart CEO. “Over the past five years I have leaned on Steve's experience.

Stewart Announces Retirement of Group President Steven Lessack

HOUSTON , Sept. 3, 2024 /PRNewswire/ -- Stewart Information Services Corporation (NYSE:STC) today announced a dividend increase that reflects the company's continuing commitment to return capital to its shareholders.

STEWART INFORMATION SERVICES CORPORATION ANNOUNCES DIVIDEND INCREASE AND DECLARES THIRD QUARTER DIVIDEND

Brady Corporation

Vici Properties

24/7 Wall St. Insights Companies that raise their dividends regularly are outstanding ideas for investors.

One of Wall Street's Top REIT Income Stocks and 2 Others Raising Dividends This Week

IRVINE, Calif. , Aug. 13, 2024 /PRNewswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, announced today that it has formed a dynamic advisory panel that will be an open-forum industry group to explore industry and technical issues, test-drive solutions and contribute to ongoing research.

Cloudvirga Creates Dynamic Advisory Panel to Conduct Research and Explore Industry Issues, Solutions and Trends

Stewart Information Services Corporation (NYSE:STC ) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Kathryn Bass - Director of Investor Relations Frederick Eppinger - Chief Executive Officer David Hisey - Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Bose George - KBW John Campbell - Stephens Inc. Operator Hello and thank you all for joining the Stewart Information Services Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode, but later you will have an opportunity to ask questions during the question-and-answer session.

Stewart Information Services Corporation (STC) Q2 2024 Earnings Call Transcript

Total revenues of $602.2 million ($602.7 million on an adjusted basis) compared to $549.2 million ($550.3 million on an adjusted basis) in the prior year quarter Net income of $17.3 million ($25.4 million on an adjusted basis) compared to $15.8 million ($25.8 million on an adjusted basis) in the prior year quarter Diluted earnings per share of $0.62 ($0.91 on an adjusted basis) compared to prior year diluted EPS of $0.58 ($0.94 on an adjusted basis) HOUSTON , July 24, 2024 /PRNewswire/ -- Stewart Information Services Corporation (NYSE: STC) today reported net income attributable to Stewart of $17.3 million ($0.62 per diluted share) for the second quarter 2024, compared to $15.8 million ($0.58 per diluted share) for the second quarter 2023. On an adjusted basis, second quarter 2024 net income was $25.4 million ($0.91 per diluted share) compared to $25.8 million ($0.94 per diluted share) in the second quarter 2023.

Stewart Reports Second Quarter 2024 Results

LAKE FOREST, Calif.--(BUSINESS WIRE)-- #BrianTepfer--Exclusive Real Estate Interview With Brian Tepfer and Kevin Harrington.

Timing Real Estate: An Exclusive Chat With PropStream President Brian Tepfer & Original Shark Kevin Harrington

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE: STC) announced today it will hold a conference call to discuss second quarter 2024 earnings at 8:30 a.m. Eastern Time on Thursday, July 25, 2024. The call will follow the company's release of earnings after the close of trading on Wednesday, July 24. Individuals wishing to participate can dial 800-274-8461 (USA) and 203-518-9814 (International) – access code STCQ224. The conference call replay will be available from 11 a.

Stewart Information Services Corporation Announces Second Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that Erin Sheckler is a recipient of the 2024 Woman of Influence Award presented by HousingWire. The annual award, now in its 15th year, honors 100 women shaping and propelling the mortgage, real estate and fintech industries forward. Sheckler serves as Head of Stewart's National Commercial Services division where she oversees the strategy, operations and growth of the company's national commercial foo.

Stewart Head of National Commercial Services Erin Sheckler Honored with HousingWire's 2024 Women of Influence Award

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that four company executives have been named winners of Inman's 2024 Best of Finance Awards. The awards celebrate those at the forefront of the mortgage and financial services spaces. For the second year in a row, Inman is recognizing Fred Eppinger, Stewart CEO; Brian Webster, President of NotaryCam; Maria Moskver, President of Cloudvirga; and Sean Buckner, President of Informative Research. “On behalf.

Four Stewart Executives Named Winners of Inman's 2024 Best of Finance Awards for Second Straight Year

HOUSTON--(BUSINESS WIRE)--Stewart Title National Commercial Services today announced the formation of their National Hospitality Group. “The creation of our National Hospitality Group represents the latest offering of highly specialized focus and servicing from our larger CRE-dedicated group,” said Erin Sheckler, Head of National Commercial Services. “Having already successfully implemented energy and UCC/mezzanine financing-focused specialized units and brands, the launching of our National Ho.

Stewart Title National Commercial Services Launches New Dedicated Hospitality Group

LAKE FOREST, Calif.--(BUSINESS WIRE)-- #BrianTepfer--PropStream, the biggest aggregator of real estate data adds localized demographics made available through its partnership with Local Logic.

PropStream Announces New Insights Dataset: Demographics!

HOUSTON , June 3, 2024 /PRNewswire/ -- Stewart Information Services Corporation (NYSE:STC) today announced that its Board of Directors declared a cash dividend of $0.475 per share for the second quarter 2024, payable June 28, 2024, to common stockholders of record on June 17, 2024. About Stewart Stewart Information Services Corporation (NYSE:STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies.

STEWART INFORMATION SERVICES CORPORATION ANNOUNCES CASH DIVIDEND

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE: STC) today announced the promotion of Iain Bryant to Group President – Agency Services. Of the promotion, Fred Eppinger, CEO, said, “I am excited to have Iain as a member of our Executive Leadership Team. Over the last several years, he has been a critical part of the Agency Leadership team and has had an integral role in establishing and executing our Agency strategic plans. Iain is a proven leader with a strong customer.

Stewart Announces Promotion of Iain Bryant to Group President – Agency Services

LAKE FOREST, Calif.--(BUSINESS WIRE)-- #BrianTepfer--The future of PropStream is here with Predictive Real Estate Data and other upgrades. Learn about what we have planned.

The Future of PropStream is Here: New Features + AI Datasets

HOUSTON--(BUSINESS WIRE)--Stewart Title National Commercial Services today announced that attorneys, title offices and lenders can now access an interactive list of most requested commercial endorsements in one place through its Interactive Endorsement Guide, which lists the most requested endorsements and directs them to Stewart's best-in-class underwriting tool, Virtual Underwriter, for state-specific content, guidelines and more. “For a 130-year-old company and brand such as Stewart, it rema.

Stewart Title National Commercial Services launches new Interactive Endorsement Guide

Stewart Information Services Corporation (NYSE:STC ) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Kathryn Bass - Director of Investor Relations Frederick Eppinger - Chief Executive Officer David Hisey - Chief Financial Officer Conference Call Participants Bose George - KBW John Campbell - Stephens Inc. Geoffrey Dunn - Dowling Partners Operator Hello and thank you for joining the Stewart Information Services First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Stewart Information Services Corporation (STC) Q1 2024 Earnings Call Transcript

Total revenues of $554.3 million ($547.3 million on an adjusted basis) compared to $524.3 million ($526.1 million on an adjusted basis) in the prior year quarter Net income of $3.1 million ($4.6 million on an adjusted basis) compared to net loss of $8.2 million (net income of $0.2 million on an adjusted basis) in the prior year quarter Diluted earnings per share of $0.11 ($0.17 on an adjusted basis) compared to prior year quarter loss per diluted share of $0.30 ($0.01 earnings per share on an adjusted basis) HOUSTON , April 24, 2024 /PRNewswire/ -- Stewart Information Services Corporation (NYSE: STC) today reported net income attributable to Stewart of $3.1 million ($0.11 per diluted share) for the first quarter 2024, compared to a net loss of $8.2 million ($0.30 loss per diluted share) for the first quarter 2023. On an adjusted basis, Stewart's first quarter 2024 net income was $4.6 million ($0.17 per diluted share) compared to net income of $0.2 million ($0.01 per diluted share) in the first quarter 2023.

News for Stewart Information Services Stock (STC)