Investors Title Company

NASDAQ:ITIC

$224.29 USD

-$0.71 (-0.32%)

Volume
8K
Average Volume
20.94K
Market Capitalization
$422.54M
P/E Ratio
16.06
Dividend Yield
2.60%
Price Target
$
Year High
$236.01
Year Low
$127.71
Payout Ratio
$0.42
Current Ratio
$3.85

Industry, Sector & symbol

Stock Exchange NASDAQ Global Select
CEO Mr. James Allen Fine
Industry Insurance - Specialty
Sector Financial Services
Current Symbol ITIC
CUSIP 461804106
CIK 0000720858
Web https://www.invtitle.com
Phone 919 968 2200
Currency USD
Employees 545
Country US

Liquidity

Debt-to-Equity Ratio 0.03
Payout Ratio 0.42
Current Ratio 3.85
Quick Ratio 7.03
Cash Ratio 0.67

Sales & Book Value

Annual Sales $224.75M
Price / Sales 1.81
Cash Flow 8.60
Price / Cash Flow 26.07
Price / Book 1.61

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Buy
Rating Score(0-5) 4
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $11.46
Trailing P/E Ratio 16.06
PEG Ratio -1.77
P/E Growth -1.77
Net Income $21.69M
Net Margin 11.25%
Pretax Margin 13.63%
Return on Equity 10.32%
Return on Assets 7.73%

Financials Score

AltmanZ Score 5.29
Piotroski Score 5.00
Working Capital 113.56M
Total Assets 340.33M
Ebit -12.05M
Market Cap 423.87M
Total Liabilities 78.52M

Poll Results

About Investors Title Company (NASDAQ:ITIC) Stock

Investors Title Company, through its subsidiaries, engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It also provides services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the r ... eplacement property. In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 24 states and the District of Columbia, primarily in the eastern half of the United States. The company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.

Investors Title Company: Lower Interest Rate Will Boost Net Income

2024-09-20 10:30:00

Investors Title Company has a low-risk business model with stable revenue from underwriting title insurance contracts, benefiting from increased home sales. ITIC reported strong financials in Q2 and H1, with a net profit of $8.9M and EPS of $4.71, driven by higher premium income. The company has a solid balance sheet with no financial debt and significant cash reserves, supporting its liquidity and potential for special dividends.

2 Small Caps of "Interest"

2024-09-05 18:06:07

Here we highlight 2 Outperform rated Small Caps that should benefit from a lower interest rate environment.

Investors Title (ITIC) Q2 Earnings Rise Y/Y, Revenues Up

2024-08-07 15:15:34

Investors Title (ITIC) sees a 17% increase in net income for second-quarter 2024, with EPS rising to $4.70. Revenues rise 12.1%, driven by higher premiums and real estate activity.

Investors Title Company Announces Second Quarter 2024 Results

2024-08-06 08:29:00

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the second quarter ended June 30, 2024. The Company reported net income of $8.9 million, or $4.70 per diluted share, compared with $7.6 million, or $4.00 per diluted share, for the prior year period. Revenues increased 12.1% to $65.4 million, compared to $58.3 million in the prior year period, primarily due to an increase in premiums written stemming from higher activity levels in certain mark.

Investors Title Company: A Solid, Growing NC Title Insurer

2024-05-17 16:28:21

Investors Title Company has consistently reported positive earnings since 2009 and enjoys a very healthy balance sheet. Despite a decline in revenues compared to the surge in real estate activity during COVID, ITIC has shown long-term growth and has opportunities for expansion in Texas and Florida. ITIC's strong relationships with local attorneys in the South and its ability to launch adjacent operations have given the company a strong moat and additional income sources.

Frequently Asked Questions

What is the current Investors Title Company (ITIC) stock price?

Investors Title Company(NASDAQ:ITIC) stock price is $224.29 in the last trading session. During the trading session, ITIC stock reached the peak price of $236.01 while $127.71 was the lowest point it dropped to. The percentage change in ITIC stock occurred in the recent session was --0.32% while the dollar amount for the price change in ITIC stock was -$-0.71.

ITIC's industry and sector of operation?

The NASDAQ listed ITIC is part of Insurance - Specialty industry that operates in the broader Financial Services sector.

Who are the executives of ITIC?

Mr. James Allen Fine Jr. | President, Treasurer, Chief Financial Officer & Director
Mr. John Herath | Vice President of Human Resources
Mr. Andrew Wert | Senior Vice President of Operations
Ms. Elizabeth B. Lewter | Vice President of Accounting
Ms. Brandee Garren | Vice President of Underwriting & Operations Support

How many employees does ITIC have?

Number of ITIC employees currently stands at 545. ITIC operates from 121 North Columbia Street, Chapel Hill, NC 27514, US.

Link for ITIC official website?

Official Website of ITIC is: https://www.invtitle.com

How do I contact ITIC?

ITIC could be contacted at phone #919 968 2200 and can also be accessed through its website. ITIC operates from 121 North Columbia Street, Chapel Hill, NC 27514, US.

How many shares of ITIC are traded daily?

The average number of ITIC shares traded daily for last 3 months was 20.94K.

What is the market cap of ITIC currently?

The market value of ITIC currently stands at $422.54M with its latest stock price at $224.29