Stewart Information Services Co (NYSE:STC):
Stewart Announces Agreement with Starboard on Board Composition and Governance Enhancements.
The company is trading down since yesterday’s close of $45.06.
Stewart Information Services Co recently declared a dividend for shareholders that was paid on Friday the 30th of September 2016. The dividend was $0.300 per share for the quarter or $1.20 annualized. This dividend amount represented a yeild of $2.66. The ex-dividend date was Tuesday the 13th of September 2016.
Shares are trading at $44.40 a bit lower than $45.20, the 50 day moving average and a bit higher than the 200 day moving average of $41.74. The 50 day moving average went down by -1.77% and the 200 day average went up $2.66 or +6.36%.
The P/E ratio is currently 35.66 and the market value is 1.04B. In the last earnings report the EPS was $1.25 and is projected to be $2.37 for the current year with 23,371,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $-0.16 and the next full year EPS is anticipated to be $2.86.
Several ratings analysts have released opinions on the stock recently. On August 31 the company was set at “Sell” according to a Janney Capital report down from the previous “” rating. On February 12 FBR Capital kept the stock rating at “Market Perform” but lowered the price target from $42.00 to $37.00.
October 26 investment analysts at Keefe Bruyette & Woods made no change to the stock rating of “Market Perform” and lowered the price expectation to $41.00 from $42.00. On August 3, 2015 Keefe Bruyette & Woods started covering the stock with an initial rating of “Market Perform” and a price target of $42.00.