What Analysts Predict For Stewart Information Services Corporation (STC) 2Q20?

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Stewart Information Services Corporation (NYSE:STC) is set to announce second quarter earning results on Wednesday 22nd July 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, STC to report 2Q20 income of $ 0.45 per share.

For the full year, analysts anticipate top line of $ 1800.05 million, while looking forward to income of $ 2.04 per share bottom line.

Previous Quarter Performance

Stewart Information Services Corporation announced income for the first quarter of $ 0.56 per share, from the revenue of $ 439.90 million. The quarterly earnings while revenues raised 10.38 percent compared with the same quarter last year.
Street analysts expected Stewart Information Services Corporation to report loss of $ 0.12 per share on revenue of $ 436.45 million for the first quarter. The bottom line results beat street analysts by $ 0 or , at the same time, top line results outshined analysts by $ 3.45 million or 0.79 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Stewart Information Services Corporation

Stock Performance

According to the previous trading day, closing price of STC was $ 36.78, representing a 81.54 % increase from the 52 week low of $ 20.26 and a 16.67 % decrease over the 52 week high of $ 44.14.

The company has a market capital of $ 871.06 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.30 per share on May 29, 2020. The dividend were payable on June 30, 2020 to holders of record as of the close of business on June 15, 2020 and ex-dividend date on June 12, 2020.

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services. The company operates in two segments, Title Insurance and Related Services, and Ancillary Services and Corporate. The Title Insurance and Related Services segment is involved in searching, examining, closing, and insuring the condition of the title to real property.