Stewart Information Services

STC on NYSE. Stewart Information Services sells title insurance to home buyers and mortgage lenders. Market value $1.6bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Worth a closer look

Read what could go wrong

This is not advice. Check the numbers below.

Compare with another stock

Return on equity
five annual reports to December 2025
7.6%five-year median

Yearly profit per dollar of owners' money: 8 cents. Above 10 is good.

Price to book
quarterly report to June 2026
0.9×

What you pay for each dollar of net assets: $0.95.

Earnings yield
past 12 months to June 2026
8.5%

Profit per $100 you pay: $8.53.

Quality score: 83 of 100. Price score: 100 of 100. Our list needs 70 on quality and 60 on price.

$51.72 a share, 6% above its 1-year low

Over the past year the price has ranged from $48.74 to $78.61.

Dividend: 3.7% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

n/a
n/a
n/a
n/a
n/a
20212022202320242025
Revenue
$3.3bn$3.1bn$2.3bn$2.5bn$2.9bn
Operating margin
n/an/an/an/an/a
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.03bn0.03bn0.03bn0.03bn0.03bn

Health checks

  • Free cash flow positiveDoesn't apply to banks and insurers
  • Accounting checksDoesn't apply to banks and insurers
  • DebtDoesn't apply to banks and insurers
  • Revenue growth, five yearsSlow, 5.0% a year
  • Buying back its own sharesNo, 13% more shares since 2021

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $899 million last quarter, up 25% on a year ago.
  • Profit: $37 million, up 17% on a year ago.
  • Spare cash over the past 12 months: $150 million, up from $119 million.
  • 9% more shares than a year ago. Each share owns a bit less of the company.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$668m
December 2024$666m
March 2025$612m
June 2025$722m
September 2025$797m
December 2025$791m
March 2026$781m
June 2026$899m
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024$30m
December 2024$23m
March 2025$3m
June 2025$32m
September 2025$44m
December 2025$36m
March 2026$17m
June 2026$37m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
27 February 2026
Next quarterly (estimated, 10-Q)
3 November 2026

Who owns it

6 long-term investors we follow own it, unchanged from 6 last quarter. 249 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

5 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 1 insider bought $191,977 of shares on the open market. 2 sold $887,195.

  • Glaze Brian
    PAO
    Sold
    Date
    21 August 2026
    Shares
    1,500
    Price
    $69.16
    Value
    $103,740
  • BRADLEY C ALLEN JR
    Director
    Bought
    Date
    1 June 2026
    Shares
    1,000
    Price
    $63.87
    Value
    $63,869
  • Hisey David C
    Chief Financial Officer
    Sold
    Date
    24 April 2026
    Shares
    10,992
    Price
    $71.28
    Value
    $783,455
  • BRADLEY C ALLEN JR
    Director
    Bought
    Date
    12 March 2026
    Shares
    700
    Price
    $62.59
    Value
    $43,813
  • BRADLEY C ALLEN JR
    Director
    Bought
    Date
    11 March 2026
    Shares
    300
    Price
    $63.15
    Value
    $18,945
  • BRADLEY C ALLEN JR
    Director
    Bought
    Date
    10 March 2026
    Shares
    1,000
    Price
    $65.35
    Value
    $65,350

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 27 Feb 2026, plus the 10-Q filed 4 Aug 2026 and 7 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

What changed in the risks this year

Companies must list what could hurt them each year. These are the parts that changed since last year’s report.

  • Anti-takeover provisions in our charter and bylaws and Delaware law may delay or prevent an acquisition of our Company.

    Could happen
    • allow our board of directors to use, under certain circumstances, preferred stock as a method of discouraging, delaying or preventing a change of control of Stewart (by means of a merger, tender offer, proxy contest or otherwise);
  • Anti-takeover provisions in our charter and bylaws and Delaware law may delay or prevent an acquisition of our Company.

    Could happen
    In addition, because we are incorporated in Delaware, we are governed by the provisions of Section 203 of the Delaware General Corporation Law, which limits the ability of stockholders owning in excess of 15% of our outstanding voting stock to merge or combine with us in certain circumstances.
    Read more
  • Anti-takeover provisions in our charter and bylaws and Delaware law may delay or prevent an acquisition of our Company.

    Could happen
    Any provision of our amended and restated certificate of incorporation or amended and restated bylaws or Delaware law that has the effect of delaying or deterring a change in control could limit the opportunity for our stockholders to receive a premium for their shares of our Common Stock, and could also affect the price that some investors are willing to pay for our Common Stock.
    Read more
  • Anti-takeover provisions in our charter and bylaws and Delaware law may delay or prevent an acquisition of our Company.

    Could happen
    • authorize additional common stock at such times, under such circumstances and with such terms and conditions as may impede a change in control of Stewart; and • require that special meetings of stockholders be called only by the Chairman of our board of directors, Chief Executive Officer, board of directors, or at the request in writing of stockholders owning twenty-five percent (25%) or more of the entire capital stock of Stewart issued and outstanding and entitled to vote.
    Read more
  • Failure to attract, develop, and retain qualified personnel could adversely affect our business.

    Could happen
    Our success depends, in part, on our ability to attract, develop and retain experienced and skilled personnel. The market for individuals with the requisite skills and experience is highly competitive. The loss of key employees or an inability to attract qualified new personnel in a timely manner could adversely affect our business, financial condition and results of operations.
    Read more

Read it in the annual report

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from

It moved up our list overnight. The deep dive tells you if the move is real.

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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.