STOCK TITAN

Stewart Information Services Corp. - STC STOCK NEWS

Welcome to our dedicated news page for Stewart Information Services (Ticker: STC), a resource for investors and traders seeking the latest updates and insights on Stewart Information Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stewart Information Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stewart Information Services's position in the market.

Rhea-AI Summary
Stewart Information Services (NYSE: STC) reported net income of $3.1 million for the first quarter of 2024, an improvement from a net loss of $8.2 million in the same period last year. Diluted earnings per share were $0.11 compared to a loss per share of $0.30 in the prior year. The company's total revenues were $554.3 million, showing growth from $524.3 million in the previous year. The real estate market challenges persist due to the higher interest rate environment, but commercial revenues increased. Stewart remains focused on strategic investments for long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Stewart Information Services (STC) schedules a conference call to discuss first quarter 2024 earnings, following the release after trading hours. The call will take place on April 25, 2024, at 8:30 a.m. Eastern Time, with a replay available until May 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
-
Rhea-AI Summary
Stewart Information Services acquires All New York Title Agency, Inc., bolstering National Commercial Services in New York and expanding into Affordable Housing services. The acquisition brings expertise in various housing sectors and strengthens Stewart's position in the title services industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
Rhea-AI Summary
Cloudvirga expands integration with Informative Research to streamline employment and income verification for lenders. Originators on Cloudvirga's platforms can now access Informative Research's VOE and VOI data, improving efficiency and accuracy in the loan application process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
none
-
Rhea-AI Summary
Stewart Information Services Corporation (STC) declares a cash dividend of $0.475 per share for the first quarter of 2024, payable on March 28, 2024, to common stockholders of record on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
dividends
-
Rhea-AI Summary
Cloudvirga introduces a new dashboard feature in its digital mortgage platform to enhance efficiency, reduce fallout, and improve responsiveness. The dashboard enables users to track loan activity, prioritize tasks, and access key information to close more loans effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
Rhea-AI Summary
Stewart Valuation Intelligence partners with Restb.ai to integrate AI and computer vision technology into its inspection applications, aiming to enhance property valuation quality and industry standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
AI
-
Rhea-AI Summary
Stewart Information Services Corporation (STC) reported a decline in total revenues to $582.2 million for the fourth quarter of 2023, compared to $655.9 million in the prior year quarter. Net income attributable to Stewart was $8.8 million, down from $13.3 million in the fourth quarter of 2022. The company's CEO expressed concerns about the real estate market due to higher interest rates and emphasized the need for cost discipline and strategic investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
-
Rhea-AI Summary
Stewart Information Services Corporation (STC) will hold a conference call to discuss fourth quarter 2023 earnings on February 8, 2024. The call will follow the release of earnings after the close of trading on February 7. Participants can dial (800) 267-6316 (USA) and (203) 518-9783 (International) – access code STCQ423. The conference call replay will be available from February 8 to February 15, 2024. Additionally, participants can listen to the conference call through STC’s Investor Relations website at https://investors.stewart.com/news-and-events/events/default.aspx.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
Rhea-AI Summary
Cloudvirga (Ticker: CVGA) expands strategic integration with Fannie Mae's Desktop Underwriter to include a new early assessment enhancement, streamlining the pre-qualification process for lenders and borrowers. This enhancement allows lenders to get a conditional recommendation and early notice of eligibility information using a soft credit pull, reducing the time and preserving borrowers' credit scores. The enhancement is available through Cloudvirga's retail and wholesale TPO channels, benefiting both lenders and brokers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
Tags
none
Stewart Information Services Corp.

NYSE:STC

STC Rankings

STC Stock Data

1.66B
26.96M
1.63%
98.44%
1.92%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Houston

About STC

stewart information services corporation (nyse-stc) 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, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. at stewart, we believe in building strong relationships – and these partnerships are the cornerstone of every closing, every transaction and every deal. stewart. real partners. real possibilities.