Loading...
Docoh

Stewart Information Services (STC)

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
Website
CEO
Frederick Eppinger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Subsidiaries
Stewart Title of Alabama, LLC • Stewart Title of Arkansas, LLC • Informative Research • Asset Preservation, Inc. • API NR 1 LLC • API NR 2 LLC • API NR 3 LLC • API NR 4 LLC • API Stewart Holdings LLC • InterCity Capital Corporation ...
IRS number
741677330

STC stock data

Calendar

6 May 22
17 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
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) 396.65M 396.65M 396.65M 396.65M 396.65M 396.65M
Cash burn (monthly) 29.76M 1.34M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 46.27M 2.09M n/a n/a n/a n/a
Cash remaining 350.38M 394.56M n/a n/a n/a n/a
Runway (months of cash) 11.8 293.8 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 May 22 Steven Mark Lessack Common Stock Buy Acquire P No No 55.2 3,000 165.6K 9,291
12 May 22 Steven Mark Lessack Common Stock Buy Acquire P No No 55.2 3,600 198.72K 9,891
29 Apr 22 Eppinger Frederick H Common Stock Buy Acquire P No No 52 3,000 156K 93,262
13 Apr 22 Glaze Brian Common Stock Payment of exercise Dispose F No No 53.31 31 1.65K 4,950
13 Apr 22 Glaze Brian Common Stock Option exercise Acquire M No No 0 125 0 4,981
13 Apr 22 Glaze Brian RSU Common Stock Option exercise Dispose M No No 0 125 0 0
16 Mar 22 Bradley C Allen JR Common Stock Buy Acquire P No No 66.24 1 66.24 11,718
16 Mar 22 Bradley C Allen JR Common Stock Buy Acquire P No No 66.54 999 66.47K 11,717
91.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 235 212 +10.8%
Opened positions 45 27 +66.7%
Closed positions 22 18 +22.2%
Increased positions 73 57 +28.1%
Reduced positions 81 87 -6.9%
13F shares Current Prev Q Change
Total value 1.97B 1.54B +27.9%
Total shares 24.77M 24.42M +1.4%
Total puts 53.3K 44.3K +20.3%
Total calls 23.2K 0 NEW
Total put/call ratio 2.3 Infinity NaN%
Largest owners Shares Value Change
BLK Blackrock 3.88M $309.14M -1.1%
Vanguard 1.92M $152.95M +1.6%
Allspring Global Investments 1.62M $129.03M NEW
Dimensional Fund Advisors 1.3M $103.8M +0.1%
Victory Capital Management 1.09M $87.18M -15.4%
Lord, Abbett & Co. 1.01M $80.78M +1.4%
STT State Street 959.12K $76.47M +1.1%
GS Goldman Sachs 837.24K $66.75M +9.1%
Fuller & Thaler Asset Management 610.96K $48.71M +5.5%
Royce & Associates 494.13K $39.4M -29.5%
Largest transactions Shares Bought/sold Change
Allspring Global Investments 1.62M +1.62M NEW
WFC Wells Fargo & Co. 80.9K -1.59M -95.1%
Royce & Associates 494.13K -207.08K -29.5%
Victory Capital Management 1.09M -198.45K -15.4%
Hillcrest Asset Management 152.72K +152.72K NEW
MCQEF Macquarie 374.89K +148.02K +65.2%
Assenagon Asset Management 164.16K +120.67K +277.5%
Outlook Wealth Advisors 291.54K +118.74K +68.7%
Natixis 93K +93K NEW
Allianz Asset Management GmbH 124.22K +73.01K +142.6%

Financial report summary

?
Competition
Doma
Management Discussion
  • Comparisons of our results of operations for the three months ended March 31, 2022 with the corresponding periods in the prior year are set forth below. Factors contributing to fluctuations in the results of operations are presented in the order of their monetary significance, and we have quantified, when necessary, significant changes. Segment results are included in the discussions and, when relevant, are discussed separately.
  • Our statements on home sales and loan activity are based on published U.S. industry data from sources including Fannie Mae, the Mortgage Bankers Association (MBA), the National Association of Realtors® (NAR) and the U.S. Census Bureau as of March 31, 2022. We also use information from our direct operations.
  • Operating environment. Existing home sales in March 2022, on a seasonally-adjusted basis, declined 4% and 3% compared to a year ago and February 2022, respectively. According to NAR, the decline in existing homes sales was primarily due to slower demand, impacted by rising mortgage rates and higher inflation affecting consumer purchasing power. Median and average home prices continued to rise, increasing 15% and 10%, respectively, in March 2022 compared to a year ago, which marked the 121st consecutive month of year-over-year median home price increases. With regard to new residential construction, U.S. housing starts in March 2022 improved 4% from March 2021, while newly issued building permits in March 2022 were 7% higher than a year ago. Both March 2022 housing starts and issued building permits were comparable to February 2022.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: abstracting, began, brokerage, closure, comprised, distinct, drop, origination, power, recast, slower, table, tied, unchanged, unregulated
Removed: agreement, allocated, amended, approved, bank, broader, carrying, commitment, continuity, dependent, deployed, depreciated, dollar, drew, duration, essential, exceed, finalized, grew, growing, innovative, managing, operate, pandemic, preliminary, protect, return, safety, sequentially, solid, strategy, targeted, transitioned, workplace