Welcome to our dedicated page for Stewart Info news (Ticker: STC), a resource for investors and traders seeking the latest updates and insights on Stewart Info stock.
News and updates for Stewart Information Services Corporation (NYSE: STC) focus on its role as a global real estate services company specializing in title insurance, closing and settlement services, and solutions for the mortgage and real estate industries. Company announcements highlight how Stewart uses its direct operations, Stewart Trusted Providers™ network, and family of companies to support residential and commercial real estate transactions.
Investors and industry professionals following STC news will see regular disclosures about financial results, including quarterly earnings releases that break down performance in the Title and Real Estate Solutions segments. These releases provide detail on title revenues, agency and direct operations, real estate solutions revenues, investment income, and segment-level profitability, along with commentary on factors driving changes in revenue and expenses.
Stewart’s news flow also includes capital markets activity and corporate finance developments, such as the pricing and completion of registered public offerings of common stock under a shelf registration statement on Form S-3, and the entry into a senior unsecured credit agreement that provides a revolving credit facility for general corporate purposes and strategic acquisitions. These items are typically reported through press releases and current reports on Form 8-K.
Another recurring theme in STC news is strategic expansion of its real estate services platform. Recent announcements describe an agreement to acquire the mortgage services of Mortgage Contracting Services (MCS), adding property preservation services that support default servicing for lender and servicer customers, and leadership updates at Informative Research, a Stewart company providing credit, consumer, and real estate data and technology services. News items also cover product and service launches such as FINCEN Reporting Services (FRS), a technology-based solution to help title and closing customers meet FinCEN Anti-Money Laundering reporting requirements.
Dividend declarations by the Board of Directors and participation in investor conferences are additional topics covered in Stewart’s news releases. For users tracking STC, this news page offers a centralized view of earnings announcements, acquisitions, capital raising, credit facilities, regulatory and compliance-related offerings, and corporate governance developments that shape the company’s position in the title insurance and real estate services market.
PropStream, a leading real estate data and lead generation platform, has announced a strategic partnership with BeachesMLS, a major MLS service covering Southeast Florida with over 43,000 subscribers. The collaboration aims to provide BeachesMLS members with streamlined access to PropStream's lead generation tools through their member dashboard.
In response to current market challenges including rising home costs, elevated interest rates, and low inventory levels, this partnership offers real estate professionals enhanced tools for lead generation. BeachesMLS members can now access PropStream's monthly subscription and interface directly through their dashboard, including a 7-day free trial.
The partnership brings together PropStream's data-driven lead generation capabilities with BeachesMLS's extensive network spanning 130 miles of Florida coastline. To support the rollout, PropStream is hosting an exclusive member-only webinar titled 'Your Ultimate Guide to Getting Started with PropStream | Tutorial for Beginners' to help users maximize the platform's features.
Stewart Information Services (NYSE:STC) has been awarded the USA Today Top Workplaces Award, highlighting its excellence in workplace culture. The recognition, issued by Energage, comes from a comprehensive survey involving over 42,000 organizations with 150+ employees.
CEO Fred Eppinger emphasized Stewart's commitment to attracting top talent in the title insurance and real estate industry, noting significant improvements in employee benefits and programs based on direct feedback. The company, with a 130-year legacy, was selected based solely on employee feedback through Energage's engagement survey.
Stewart also received three Culture Excellence awards for Employee Appreciation, Employee Well-Being, and Professional Development. The company's focus remains on employee health, wellness, and meaningful professional growth, demonstrating its commitment to building a sustainable workplace culture.
Stewart Information Services (NYSE:STC) has announced its quarterly dividend declaration for Q1 2025. The company's Board of Directors has approved a cash dividend of $0.50 per share, which will be distributed to common stockholders of record on March 17, 2025. The dividend payment is scheduled for March 31, 2025.
PropStream has been named a HousingWire Tech100 honoree for the fifth consecutive year, from 2021 to 2025, recognizing its innovative contributions to the real estate industry. The company was particularly acknowledged for introducing PropStream Intelligence™, its AI-powered platform enhancement launched in 2024.
HousingWire's Editor-in-Chief Sarah Wheeler emphasized how Tech100 honorees are transforming the mortgage and real estate sectors by redefining possibilities and improving market efficiency. The company's president, Brian Tepfer, highlighted their commitment to providing cutting-edge lead generation, data, and marketing tools for real estate professionals.
The recognition comes amid increasingly fierce competition for the Tech100 award, validating PropStream's continuous efforts to innovate and adapt to changing market conditions while supporting real estate professionals with advanced technological solutions.
Stewart Information Services (NYSE: STC) reported strong financial results for Q4 and full-year 2024. Q4 total revenues reached $665.9 million, up from $582.2 million in Q4 2023. Net income increased to $22.7 million ($0.80 per diluted share) compared to $8.8 million ($0.32 per diluted share) in Q4 2023.
The title segment showed significant growth with operating revenues improving 12% to $562.7 million. Notably, domestic commercial revenues surged 50% with a 33% higher average fee per file of $19,600. The real estate solutions segment saw a 42% revenue increase to $87.0 million.
Full-year 2024 performance demonstrated substantial improvement with net income of $73.3 million ($2.61 per diluted share) versus $30.4 million ($1.11 per diluted share) in 2023.
Stewart Title has launched Connect Close, a next-generation title production system specifically designed for attorney agents, currently available in Connecticut, Massachusetts and Rhode Island. The system aims to streamline and simplify title processing while maintaining efficiency and accuracy.
Connect Close features include streamlined order entry, integrated search orders, efficient document preparation, premium calculations, taxes and recording fee calculations, a customizable document module, advanced closing disclosure and HUD, cost-free setup, a web-based platform, and personalized training.
The launch is part of Stewart's strategic investment in strengthening partnerships with attorney agents and delivering technology solutions to enhance productivity in attorney-led real estate transactions. The company plans to expand the system's availability beyond the initial three states.
Stewart Information Services (NYSE: STC) has announced its upcoming fourth quarter 2024 earnings conference call, scheduled for February 6, 2025, at 8:30 a.m. Eastern Time. The company will release its earnings report after market close on February 5, 2025.
Investors can participate in the call by dialing (800) 343-5172 (USA) or (203) 518-9856 (International) using access code STCQ424. A replay will be available from 11 a.m. Eastern Time on February 6 until midnight on February 13, 2025, accessible at (800) 753-5479 (USA) or (402) 220-2675 (International). The call can also be accessed through Stewart's Investor Relations website.
Stewart Information Services (NYSE:STC) has announced key leadership changes in its underwriting division. Wilhelmina Kightlinger has been promoted to Chief Underwriting Counsel for the Stewart Title family of companies, where she will focus on strengthening corporate underwriting capacity and expanding Stewart's presence in underrepresented markets.
Kightlinger's promotion builds on her previous success as head of underwriting for Stewart's National Commercial Services (NCS) division, where she implemented several initiatives including Underwriting Onboarding and Mentorship Programs. Jeremy Poetker will succeed Kightlinger as Chief Underwriter for NCS. Poetker, who joined Stewart in 2016, brings expertise in complex transactions including multi-state portfolios, international resorts, and energy projects. He serves on multiple committees and has been instrumental in developing Stewart's revised UCC policy.
Stewart Title National Commercial Services has rebranded its Energy Services Group to the Stewart Energy & Infrastructure Group. The specialized unit, which has managed over $100B in energy transactions over the past 25 years, will expand its focus beyond energy and renewables projects to include infrastructure projects and data centers.
The rebrand represents both a diversification and growth strategy, aiming to better reflect the company's scale and ability to service commercial transactions beyond traditional energy sectors. The group will continue providing professional underwriting and closing services while adapting to advancing technologies and market innovations.
PropStream has introduced a new Upside Down Lead List feature to help real estate professionals identify properties where homeowners owe more than the property's worth (negative equity). This addition brings the total number of Lead Lists on the platform to 20, enhancing PropStream's data-driven solutions for real estate professionals.
The new tool aims to help users efficiently research underwater properties, enabling them to assist homeowners facing negative equity situations. The feature is part of PropStream's ongoing efforts to provide innovative datasets and tools to its users, supported by AI-powered datasets and a dynamic data library.
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