Stewart Information Services Co (NYSE:STC):
Stewart Announces Agreement with Starboard on Board Composition and Governance Enhancements.
The company is trading down from yesterday’s close of $45.06.
Additionally Stewart Information Services Co recently declared a dividend that was paid on Fri Sep 30, 2016. The dividend was $0.300 per share for the quarter which comes to $1.20 on an annualized basis. This dividend amount represented a yeild of $2.66. The ex-dividend date was set for Tuesday the 13th of September 2016.
It is currently trading at $44.40 just below the 50 day moving average which is $45.20 and a bit higher than the 200 day moving average of $41.74. The 50 day moving average was down $-0.80 or -1.77% whereas the 200 day moving average was up $2.66 or +6.36%.
The company currently has a P/E ratio of 35.66 and the market cap is 1.04B. As of the latest earnings report the EPS was $1.25 and is projected to be $2.37 for the current year with 23,371,000 shares outstanding. Next quarter’s EPS is forecasted to be $-0.16 and the next full year EPS is projected to be $2.86.
A few analysts have weighed in on STC of late. On August 31 the stock rating was downgraded from “” to “Sell” by analysts at Janney Capital. February 12 investment analysts at FBR Capital held the company rating at “Market Perform” but lowered the price expectation to $37.00 from $42.00.
On October 26 Keefe Bruyette & Woods made no change to the company rating of “Market Perform” and lowered the price target from $42.00 to $41.00. Equity analyst Keefe Bruyette & Woods issued its first research report on the stock by announcing an initial rating of “Market Perform” and projecting a price target of $42.00.