Last 7 days
2.4%
Last 30 days
10.4%
Last 90 days
4.2%
Trailing 12 Months
46.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.3B | 0 | 0 | 0 |
2023 | 2.7B | 2.4B | 2.3B | 2.3B |
2022 | 3.5B | 3.5B | 3.4B | 3.1B |
2021 | 2.5B | 2.8B | 3.1B | 3.3B |
2020 | 2.0B | 2.0B | 2.1B | 2.3B |
2019 | 1.9B | 1.8B | 1.9B | 1.9B |
2018 | 1.9B | 2.0B | 2.0B | 1.9B |
2017 | 2.0B | 2.0B | 2.0B | 2.0B |
2016 | 2.0B | 2.0B | 2.0B | 2.0B |
2015 | 1.9B | 2.0B | 2.1B | 2.0B |
2014 | 1.9B | 1.8B | 1.8B | 1.9B |
2013 | 1.9B | 2.0B | 2.0B | 1.9B |
2012 | 1.7B | 1.7B | 1.8B | 1.9B |
2011 | 1.7B | 1.7B | 1.6B | 1.6B |
2010 | 0 | 1.7B | 1.7B | 1.7B |
2009 | 0 | 0 | 0 | 1.7B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 08, 2024 | corey william s. jr. | acquired | - | - | 1,362 | - |
May 08, 2024 | sanchez rodriquez manuel | acquired | - | - | 1,362 | - |
May 08, 2024 | vaid helen | acquired | - | - | 1,362 | - |
May 08, 2024 | bradley c allen jr | acquired | - | - | 1,362 | - |
May 08, 2024 | pallotta karen r | acquired | - | - | 1,362 | - |
May 08, 2024 | matz deborah jane | acquired | - | - | 1,362 | - |
May 08, 2024 | morris matthew | acquired | - | - | 1,362 | - |
May 08, 2024 | clarke robert | acquired | - | - | 2,724 | - |
May 08, 2024 | apel thomas g | acquired | - | - | 1,362 | - |
Mar 14, 2024 | clarke robert | gifted | - | - | -1,675 | - |
Which funds bought or sold STC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | reduced | -9.44 | 2,625 | 906,506 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 18.06 | 241,510 | 1,027,230 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.05 | 87,035 | 1,776,330 | -% |
May 16, 2024 | Pineridge Advisors LLC | sold off | -100 | -353 | - | -% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -4.86 | 3,821 | 75,144 | -% |
May 15, 2024 | Engineers Gate Manager LP | added | 30.19 | 93,959 | 306,693 | 0.01% |
May 15, 2024 | HSBC HOLDINGS PLC | added | 155 | 1,873,290 | 2,900,660 | -% |
May 15, 2024 | GLENMEDE TRUST CO NA | added | 7.26 | 2,818,210 | 17,820,300 | 0.09% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | reduced | -43.91 | -3,196,540 | 5,242,020 | -% |
May 15, 2024 | DEUTSCHE BANK AG\ | reduced | -54.53 | -831,518 | 843,503 | -% |
Unveiling Stewart Information Services Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to Stewart Information Services Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.1T | 1.3B | -5.4K | 851.43 | ||||
AJG | 56.3B | 10.6B | 51.57 | 5.3 | ||||
AIG | 53.5B | 48.4B | 11.07 | 1.1 | ||||
TRV | 50.3B | 42.9B | 16.03 | 1.17 | ||||
AFL | 50.2B | 19.3B | 9.39 | 2.6 | ||||
ACGL | 37.9B | 14.4B | 7.82 | 2.63 | ||||
AFG | 11.2B | 8.0B | 12.7 | 1.4 | ||||
MID-CAP | ||||||||
UNM | 10.1B | 12.6B | 7.61 | 0.8 | ||||
AIZ | 9.1B | 11.4B | 11.93 | 0.8 | ||||
LNC | 5.1B | 11.9B | 3.81 | 0.43 | ||||
AEL | 3.9B | 3.2B | 5.55 | 1.23 | ||||
SMALL-CAP | ||||||||
BRP | 2.0B | 1.3B | -37.13 | 1.59 | ||||
AMSF | 887.3M | 308.9M | 14.38 | 2.87 | ||||
AMBC | 818.6M | 314.0M | 14.24 | 2.61 | ||||
AAME | 35.5M | 187.5M | -49.09 | 0.19 |
Stewart Information Services Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -4.8% | 554 | 582 | 602 | 549 | 524 | 656 | 716 | 844 | 853 | 962 | 837 | 819 | 689 | 737 | 596 | 516 | 440 | 510 | 560 | 472 | 399 |
EBITDA Margin | 11.1% | 0.07* | 0.06* | 0.06* | 0.07* | 0.08* | 0.10* | 0.12* | 0.13* | 0.14* | 0.14* | 0.14* | 0.14* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 2.0% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Income Taxes | -83.5% | 1.00 | 6.00 | 9.00 | 5.00 | -4.94 | 2.00 | 11.00 | 20.00 | 18.00 | 23.00 | 23.00 | 31.00 | 17.00 | 20.00 | 16.00 | 11.00 | 2.00 | 1.00 | 21.00 | 7.00 | -2.44 |
Earnings Before Taxes | -61.9% | 7.00 | 19.00 | 27.00 | 25.00 | -10.16 | 21.00 | 46.00 | 87.00 | 80.00 | 114 | 116 | 129 | 74.00 | 84.00 | 76.00 | 49.00 | 9.00 | 4.00 | 91.00 | 29.00 | -7.23 |
EBT Margin | 26.7% | 0.03* | 0.03* | 0.03* | 0.03* | 0.05* | 0.08* | 0.10* | 0.11* | 0.13* | 0.13* | 0.13* | 0.13* | - | - | - | - | - | - | - | - | - |
Net Income | -64.5% | 3.00 | 9.00 | 14.00 | 16.00 | -8.19 | 13.00 | 29.00 | 62.00 | 58.00 | 85.00 | 89.00 | 95.00 | 54.00 | 60.00 | 56.00 | 34.00 | 5.00 | -0.03 | 66.00 | 19.00 | -6.77 |
Net Income Margin | 35.4% | 0.02* | 0.01* | 0.01* | 0.02* | 0.04* | 0.05* | 0.07* | 0.08* | 0.09* | 0.10* | 0.10* | 0.09* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -175.0% | -29.59 | 39.00 | 60.00 | 35.00 | -51.06 | 25.00 | 49.00 | 83.00 | 35.00 | 133 | 107 | 103 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.9% | 2,651 | 2,703 | 2,669 | 2,678 | 2,679 | 2,738 | 2,705 | 2,755 | 2,761 | 2,813 | 2,376 | 2,168 | 2,043 | 1,979 | 1,820 | 1,600 | 1,508 | 1,593 | 1,559 | 1,477 | 1,442 |
Cash Equivalents | -40.7% | 138 | 233 | 203 | 190 | 175 | 248 | 321 | 405 | 397 | 486 | 608 | 401 | 413 | 433 | 382 | 311 | 294 | 331 | 321 | 201 | 165 |
Net PPE | - | - | - | - | - | - | - | - | - | - | 72.00 | - | - | - | 52.00 | - | - | - | 50.00 | 56.00 | 57.00 | 57.00 |
Goodwill | 0.0% | 1,072 | 1,072 | 1,072 | 1,075 | 1,094 | 1,073 | 962 | 964 | 933 | 925 | 536 | 550 | 480 | 431 | 382 | 280 | 250 | 249 | 249 | 249 | 249 |
Liabilities | -2.8% | 1,287 | 1,324 | 1,310 | 1,312 | 1,319 | 1,368 | 1,348 | 1,396 | 1,436 | 1,519 | 1,159 | 1,032 | 995 | 966 | 869 | 813 | 771 | 839 | 799 | 776 | 763 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 102 | - | - | - | 111 | - | - | - |
Shareholder's Equity | -0.5% | 1,364 | 1,371 | 1,352 | 1,366 | 1,360 | 1,362 | 1,358 | 1,360 | 1,325 | 1,295 | 1,217 | 1,136 | 1,048 | 1,012 | 951 | 787 | 737 | 754 | 760 | 701 | 679 |
Retained Earnings | -0.9% | 1,061 | 1,071 | 1,075 | 1,074 | 1,071 | 1,092 | 1,091 | 1,074 | 1,022 | 975 | 900 | 820 | 734 | 689 | 637 | 589 | 562 | 564 | 571 | 512 | 500 |
Additional Paid-In Capital | -100.0% | - | 311 | - | - | - | 297 | - | - | - | 282 | - | - | - | 275 | - | - | - | 164 | - | - | - |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | 166 | - | - | - | 142 | - | - | - | 151 | 179 | 186 | 185 |
Shares Outstanding | 0.8% | 28.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | -9.0% | 6.00 | 7.00 | 7.00 | 8.00 | 7.00 | 8.00 | 13.00 | 13.00 | 12.00 | 13.00 | 9.00 | 6.00 | 6.00 | 7.00 | 7.00 | 6.00 | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 |
Float | - | - | - | - | 1,100 | - | - | - | 1,300 | - | - | - | 1,500 | - | - | - | 752 | - | - | - | 994 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -175.0% | -29,588 | 39,464 | 59,533 | 35,107 | -51,062 | 24,820 | 48,853 | 83,312 | 34,875 | 132,974 | 106,865 | 103,010 | 47,442 | 134,945 | 90,751 | 61,470 | -11,360 | 59,070 | 115,718 | 31,454 | -39,883 |
Share Based Compensation | 337.7% | 2,670 | 610 | 3,267 | 4,284 | 2,759 | 3,043 | 2,799 | 4,201 | 2,239 | 3,472 | 2,615 | 2,705 | 3,174 | 1,517 | 1,785 | 1,562 | 887 | -1,283 | 1,323 | 1,253 | 804 |
Cashflow From Investing | -798.4% | -47,377 | 6,784 | -29,443 | -2,498 | -4,812 | -75,322 | -114,201 | -45,926 | -65,216 | -444,608 | -27,017 | -100,060 | -73,591 | -75,277 | -117,660 | -35,130 | -3,303 | -46,318 | 15,027 | 13,744 | 24,587 |
Cashflow From Financing | 6.5% | -16,771 | -17,936 | -15,483 | -18,297 | -17,383 | -25,077 | -13,829 | -25,752 | -58,562 | 190,203 | 129,308 | -15,297 | 6,160 | -12,361 | 96,215 | -10,716 | -18,837 | -4,806 | -10,198 | -9,127 | -13,631 |
Dividend Payments | 0.5% | 13,067 | 12,999 | 12,993 | 12,271 | 12,260 | 12,208 | 12,206 | 10,139 | 10,119 | 10,079 | 8,870 | 8,848 | 8,840 | 8,012 | 8,016 | 7,099 | 7,099 | 7,088 | 7,090 | 7,084 | 7,083 |
Buy Backs | 1537.7% | 3,390 | 207 | 223 | 82.00 | 1,271 | 94.00 | 617 | 89.00 | 2,462 | 107 | 143 | 67.00 | 1,935 | 228 | 358 | 75.00 | 393 | 51.00 | 10.00 | 92.00 | 379 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Operating revenues | $ 534,376 | $ 519,484 |
Investment income | 12,901 | 6,599 |
Net realized and unrealized gains (losses) | 7,038 | (1,778) |
Revenues | 554,315 | 524,305 |
Expenses | ||
Amounts retained by agencies | 199,976 | 205,738 |
Employee costs | 172,417 | 170,551 |
Other operating expenses | 136,951 | 120,743 |
Title losses and related claims | 17,383 | 17,674 |
Depreciation and amortization | 15,384 | 14,906 |
Interest | 5,058 | 4,849 |
Total expenses | 547,169 | 534,461 |
Income (loss) before taxes and noncontrolling interests | 7,146 | (10,156) |
Income tax (expense) benefit | (936) | 4,938 |
Net income (loss) | 6,210 | (5,218) |
Less net income attributable to noncontrolling interests | 3,080 | 2,972 |
Net income (loss) attributable to Stewart | 3,130 | (8,190) |
Net income (loss) attributable to Stewart | ||
Net income (loss) | 6,210 | (5,218) |
Other comprehensive (loss) income, net of taxes: | ||
Foreign currency translation adjustments | (4,470) | 598 |
Change in net unrealized gains and losses on investments | (2,276) | 6,617 |
Reclassification adjustments for realized gains and losses on investments | 150 | 92 |
Other comprehensive (loss) income, net of taxes: | (6,596) | 7,307 |
Comprehensive (loss) income | (386) | 2,089 |
Less net income attributable to noncontrolling interests | 3,080 | 2,972 |
Comprehensive loss attributable to Stewart | $ (3,466) | $ (883) |
Basic average shares outstanding (in shares) | 27,512 | 27,201 |
Basic earnings (loss) per share attributable to Stewart (in usd per share) | $ 0.11 | $ (0.30) |
Diluted average shares outstanding (in shares) | 28,027 | 27,201 |
Diluted earnings (loss) per share attributable to Stewart (in usd per share) | $ 0.11 | $ (0.30) |
Direct operations | ||
Revenues | ||
Operating revenues | $ 210,588 | $ 207,871 |
Agency operations | ||
Revenues | ||
Operating revenues | 240,772 | 249,021 |
Real estate solutions | ||
Revenues | ||
Operating revenues | $ 83,016 | $ 62,592 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 138,351 | $ 233,365 |
Short-term investments | 42,774 | 39,023 |
Investments, at fair value: | ||
Debt securities (amortized cost of $620,806 and $631,294) | 597,057 | 610,236 |
Equity securities | 76,893 | 69,700 |
Investments, fair value | 673,950 | 679,936 |
Receivables: | ||
Premiums from agencies | 39,600 | 38,676 |
Trade and other | 86,010 | 75,706 |
Income taxes | 4,435 | 3,535 |
Notes | 20,575 | 14,570 |
Allowance for uncollectible amounts | (8,000) | (7,583) |
Total receivables | 142,620 | 124,904 |
Property and equipment: | ||
Land | 2,582 | 2,545 |
Buildings | 19,240 | 19,219 |
Furniture and equipment | 241,675 | 234,370 |
Accumulated depreciation | (180,570) | (173,799) |
Total property and equipment, at cost | 82,927 | 82,335 |
Operating lease assets | 113,617 | 115,879 |
Title plants, at cost | 73,359 | 73,359 |
Goodwill | 1,072,315 | 1,072,129 |
Intangible assets, net of amortization | 185,067 | 193,196 |
Deferred tax assets | 3,719 | 3,776 |
Other assets | 122,690 | 84,959 |
Total assets | 2,651,389 | 2,702,861 |
Liabilities | ||
Notes payable | 445,433 | 445,290 |
Accounts payable and accrued liabilities | 166,376 | 190,054 |
Operating lease liabilities | 132,723 | 135,654 |
Estimated title losses | 519,229 | 528,269 |
Deferred tax liabilities | 23,485 | 25,045 |
Total liabilities | 1,287,246 | 1,324,312 |
Contingent liabilities and commitments | ||
Stockholders’ equity | ||
Common Stock ($1 par value) and additional paid-in capital | 341,314 | 338,451 |
Retained earnings | 1,060,808 | 1,070,841 |
Accumulated other comprehensive loss: | ||
Foreign currency translation adjustments | (23,049) | (18,579) |
Net unrealized losses on debt securities investments | (18,762) | (16,636) |
Treasury stock – 352,161 common shares, at cost | (2,666) | (2,666) |
Stockholders’ equity attributable to Stewart | 1,357,645 | 1,371,411 |
Noncontrolling interests | 6,498 | 7,138 |
Total stockholders’ equity ($27,580,535 and 27,370,227 shares outstanding) | 1,364,143 | 1,378,549 |
Total liabilities and stockholders' equity | $ 2,651,389 | $ 2,702,861 |