Stewart Information Services (STC)

Company Profile

Stewart Information Services Corporation is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, Stewart offers the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. Stewart believes in building strong relationships – and these partnerships are the cornerstone of every closing, every transaction and every deal. Stewart. Real partners. Real possibilities.™

Company profile

Ticker

STC

Exchange

NYSE

Website

www.stewart.com

CEO

Frederick Eppinger

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Direct Property and Casualty Insurance Carriers

Industry (SIC)

Title Insurance

Fidelity National Financial • Argo Group International • First American Financial • Investors Title • Doma • Grand Havana ...

SEC CIK

0000094344

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

BCHH Title Company • FNC Title of Alabama, LLC • Stewart Title of Alabama, LLC • BCHH Title Agency of Arkansas, L.L.C. • Stewart Title of Arkansas, LLC • API NR 1 LLC • API NR 2 LLC • API NR 3 LLC • API NR 4 LLC • API Stewart Holdings LLC ...

IRS number

741677330

STC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$55.00

Low target

$52.00

High target

$58.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

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8-K

Stewart Information Services Corporation Announces Cash Dividend

28 Feb 23

Stewart Reports Fourth Quarter 2022 Results

8 Feb 23

8-K

Departure of Directors or Certain Officers

30 Dec 22

8-K

Stewart Information Services Corporation Announces Cash Dividend

8 Nov 22

Stewart Reports Third Quarter 2022 Results

26 Oct 22

8-K

Stewart Announces Retirement of Chief Legal Officer John Killea and Hiring of Elizabeth Giddens as its Next Chief Legal Officer

17 Oct 22

8-K

Departure of Directors or Certain Officers

14 Oct 22

8-K

Stewart Information Services Corporation Announces 20% Dividend Increase and Declares Third Quarter Dividend

1 Sep 22

Transcripts

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STC

Earnings call transcript

2022 Q4

9 Feb 23

STC

Earnings call transcript

2022 Q3

29 Oct 22

STC

Earnings call transcript

2022 Q2

31 Jul 22

STC

Earnings call transcript

2022 Q1

29 Apr 22

STC

Earnings call transcript

2021 Q4

10 Feb 22

STC

Earnings call transcript

2021 Q3

28 Oct 21

STC

Earnings call transcript

2021 Q2

22 Jul 21

STC

Earnings call transcript

2021 Q1

22 Apr 21

STC

Earnings call transcript

2020 Q4

11 Feb 21

STC

Earnings call transcript

2020 Q3

22 Oct 20

Latest ownership filings

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Financial summary

Financial statements Chart STC financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	248.37 mm	248.37 mm	248.37 mm	248.37 mm	248.37 mm	248.37 mm
Cash burn (monthly)	24.19 mm	19.80 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	73.02 mm	59.76 mm	n/a	n/a	n/a	n/a
Cash remaining	175.35 mm	188.61 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	7.2	9.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

STC institutional ownership history Ownership history

93.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	202	211	-4.3%
Opened positions	27	17	+58.8%
Closed positions	36	22	+63.6%
Increased positions	86	88	-2.3%
Reduced positions	67	80	-16.3%

13F shares	Current	Prev Q	Change
Total value	979.10 bn	1.04 bn	+94187.1%
Total shares	25.30 mm	23.79 mm	+6.3%
Total puts	3.60 k	0.00	NEW
Total calls	2.30 k	0.00	NEW
Total put/call ratio	1.6	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	3.90 mm	$166.65 bn	-2.1%
Vanguard	2.09 mm	$89.44 bn	+1.9%
Allspring Global Investments	1.66 mm	$70.88 bn	-0.8%
Dimensional Fund Advisors	1.56 mm	$66.71 mm	+6.2%
Victory Capital Management	1.52 mm	$65.07 bn	+37.9%
MCQEF Macquarie	1.25 mm	$53.50 bn	+5.1%
STT State Street	1.06 mm	$45.42 bn	NEW
Lord, Abbett & Co.	546.77 k	$23.36 bn	-1.6%
Geode Capital Management	494.00 k	$21.11 bn	+3.6%
DAVENPORT & Co	485.08 k	$20.73 bn	+4.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	1.06 mm	+1.06 mm	NEW
Victory Capital Management	1.52 mm	+418.92 k	+37.9%
JPM JPMorgan Chase & Co.	461.56 k	+278.93 k	+152.7%
Fuller & Thaler Asset Management	223.38 k	-230.30 k	-50.8%
HBCYF HSBC	277.44 k	+220.82 k	+390.0%
Deprince Race & Zollo	206.45 k	+206.45 k	NEW
MNGPF Man	20.07 k	-187.88 k	-90.3%
Millennium Management	259.22 k	-155.29 k	-37.5%
BK Bank Of New York Mellon	480.22 k	+143.76 k	+42.7%
IVZ Invesco	241.48 k	-140.26 k	-36.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

STC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Mar 23	Eppinger Frederick H	Common Stock	Buy	Acquire P	No	No	37.7	3,000	113.10 k	115,416
10 Mar 23	Glaze Brian	Common Stock	Payment of exercise	Dispose F	No	No	39.51	229	9.05 k	6,330
10 Mar 23	Glaze Brian	Common Stock	Option exercise	Acquire M	No	No	0	938	0.00	6,559
10 Mar 23	Glaze Brian	RSU Common Stock	Option exercise	Dispose M	No	No	0	938	0.00	941
10 Mar 23	Brad Rable	Common Stock	Payment of exercise	Dispose F	No	No	39.51	169	6.68 k	23,683
10 Mar 23	Brad Rable	Common Stock	Option exercise	Acquire M	No	No	0	693	0.00	23,852
10 Mar 23	Brad Rable	RSU Common Stock	Option exercise	Dispose M	No	No	0	693	0.00	696
10 Mar 23	Emily Kain	Common Stock	Payment of exercise	Dispose F	No	No	39.51	74	2.92 k	2,068
10 Mar 23	Emily Kain	Common Stock	Option exercise	Acquire M	No	No	0	302	0.00	2,142
10 Mar 23	Emily Kain	RSU Common Stock	Option exercise	Dispose M	No	No	0	302	0.00	304