based in chapel hill, north carolina, investors title company is a holding company for investors title insurance company and national investors title insurance company which write policies to protect mortgage lenders and homeowners from unforeseen claims made against title to real property. established in 1972, investors title specializes in residential and commercial title insurance, 1031 exchanges, reverse exchanges, title agency management services, and trust and capital management services.
Company profile
Ticker
ITIC
Exchange
Website
CEO
James Allen Fine
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Investors Title Insurance Company • National Investors Title Insurance Company • Investors Title Exchange Corporation • Investors Title Accommodation Corporation • Investors Title Management Services, Inc. • Investors Title Commercial Agency, LLC • Investors Trust Company • National Investors Holdings, LLC • United Title Agency, LLC • University Title Company ...
IRS number
561110199
ITIC stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Investors Title Company Announces Fourth Quarter and Fiscal Year 2023 Financial Results
13 Feb 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Investors Title Company Announces Third Quarter 2023 Financial Results
2 Nov 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Investors Title Company Announces Second Quarter 2023 Financial Results
7 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
18 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 30.41 mm | 30.41 mm | 30.41 mm | 30.41 mm | 30.41 mm | 30.41 mm |
Cash burn (monthly) | (no burn) | 914.08 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 6.11 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 24.31 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 26.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
39.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 65 |
Opened positions | 5 |
Closed positions | 6 |
Increased positions | 23 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 108.38 bn |
Total shares | 737.07 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
MKL Markel | 213.30 k | $31.59 bn |
BLK Blackrock | 103.40 k | $15.31 bn |
Dimensional Fund Advisors | 91.43 k | $13.54 bn |
Vanguard | 66.50 k | $9.85 bn |
Third Avenue Management | 29.60 k | $4.37 bn |
Geode Capital Management | 26.56 k | $3.93 bn |
STT State Street | 23.21 k | $3.44 bn |
Renaissance Technologies | 20.90 k | $3.10 bn |
MS Morgan Stanley | 12.62 k | $1.87 bn |
NTRS Northern Trust | 12.12 k | $1.79 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 23 | Tammy Coley | Stock Appreciation Right Common Stock | Grant | Acquire A | No | No | 140.1 | 750 | 105.08 k | 0 |
17 May 23 | James E Scott | Stock Appreciation Right Common Stock | Grant | Acquire A | No | No | 140.1 | 750 | 105.08 k | 0 |
17 May 23 | David L Francis | Stock Appreciation Right Common Stock | Grant | Acquire A | No | No | 140.1 | 750 | 105.08 k | 0 |
17 May 23 | Richard M Hutson II | Stock Appreciation Right Common Stock | Grant | Acquire A | No | No | 140.1 | 750 | 105.08 k | 0 |
17 May 23 | Jr. Elton C. Parker, | Stock Appreciation Right Common Stock | Grant | Acquire A | No | No | 140.1 | 750 | 105.08 k | 0 |
News
Insurance Stocks Moving In Friday's Intraday Session
15 Mar 24
Thursday Is Your Last Chance To Buy Investors Title Before The Dividend Payout
12 Mar 24
Insurance Stocks Moving In Tuesday's Intraday Session
20 Feb 24
Insurance Stocks Moving In Thursday's Intraday Session
15 Feb 24
Insurance Stocks Moving In Wednesday's Intraday Session
14 Feb 24