Financial Services -
Insurance - Specialty - NASDAQ - US
$ 223.58
-1.83 %
$ 422 M
Market Cap
13.62
P/E
1. INTRINSIC VALUE
Balance Sheet
Investors Title Company
| Current Assets | 138 M |
| Cash & Short-Term Investments | 138 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 21.2 M |
| Long-Term Investments | 120 M |
| PP&E | 6.16 M |
| Other Non-Current Assets | -105 M |
| Current Liabilities | 34.3 M |
| Accounts Payable | 34 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 276 K |
| Non-Current Liabilities | 81.5 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 81.5 M |
EFFICIENCY
Earnings Waterfall
Investors Title Company
| Revenue | 258 M |
| Cost Of Revenue | 253 M |
| Gross Profit | 5.49 M |
| Operating Expenses | 258 M |
| Operating Income | 2.96 M |
| Other Expenses | -28.1 M |
| Net Income | 31.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Investors Title Company
| Net Income | 31.1 M |
| Depreciation & Amortization | 131 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 393 K |
| Change in Working Capital | 0 |
| Others | -28.7 M |
| Free Cash Flow | 407 K |
Wall Street Analysts Price Targets
Investors Title Company
ITIC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
6.11%
DIVIDEND YIELD
0.46 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Investors Title Company
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Investors Title Company Declares Quarterly Dividend
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record March 24, 2025, payable March 31, 2025. Investors Title Company is a publicly held North Carolina company whose stock is traded on The Nasdaq Global Select Market. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also provides se.
businesswire.com
- 1 month ago
ITIC's Q4 Earnings Rise Y/Y in Q4 on Lower Rates, Stock Up 2%
Investors Title posts strong Q4 earnings, driven by higher premiums and lower mortgage rates, despite an elevated expense level.
zacks.com
- 2 months ago
Investors Title Company Announces Fourth Quarter and Fiscal Year 2024 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the fourth quarter ended December 31, 2024. The Company reported net income of $8.4 million, or $4.41 per diluted share, compared with $5.8 million, or $3.09 per diluted share, for the prior year period. Revenues increased 31.6% to $70.6 million, compared to $53.7 million in the prior year period, primarily due to increases in net premiums written and escrow and title-related fees, partially o.
businesswire.com
- 2 months ago
Investors Title Company: NC Insurer Still Has Room To Climb
Investors Title Company maintains a Buy rating due to strong organic growth in Texas and Florida, despite higher interest rates impacting real estate transactions. Year-over-year revenues increased by 9.6%, with YTD earnings up over 40%, supported by a significant dividend and an impressive balance sheet. My valuation of $300 remains justified, with the company demonstrating resilience and growth potential even in a high-rate environment.
seekingalpha.com
- 3 months ago
Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $14.00 per share to shareholders of record on December 2, 2024, payable December 16, 2024. The special dividend will be funded through existing cash balances. The Board also declared a regular quarterly cash dividend of $.46 per share to shareholders of record December 2, 2024, payable on December 16, 2024. Investors Title Company i.
businesswire.com
- 5 months ago
Investors Title Q3 Earnings Rise Y/Y on Premium Growth, Cost Control
ITIC reports a 31% EPS increase in Q3, driven by higher net premiums, growth in Texas and Florida markets, and improved investment returns, showcasing resilient profitability.
zacks.com
- 5 months ago
Investors Title Company Announces Third Quarter 2024 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the third quarter ended September 30, 2024. The Company reported net income of $9.3 million, or $4.92 per diluted share, compared with $7.1 million, or $3.75 per diluted share, for the prior year period. Revenues increased 12.1% to $68.8 million, compared to $61.4 million in the prior year period, primarily due to an increase in net premiums written and a positive change in net investment gain.
businesswire.com
- 5 months ago
Investors Title Company: Lower Interest Rate Will Boost Net Income
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.
seekingalpha.com
- 7 months ago
2 Small Caps of "Interest"
Here we highlight 2 Outperform rated Small Caps that should benefit from a lower interest rate environment.
zacks.com
- 7 months ago
Investors Title (ITIC) Q2 Earnings Rise Y/Y, Revenues Up
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.
zacks.com
- 8 months ago
Investors Title Company Announces Second Quarter 2024 Results
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.
businesswire.com
- 8 months ago
Investors Title Company: A Solid, Growing NC Title Insurer
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.
seekingalpha.com
- 11 months ago
8. Profile
Summary
Investors Title Company ITIC
COUNTRY
US
INDUSTRY
Insurance - Specialty
MARKET CAP
$ 422 M
Dividend Yield
6.11%
Description
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 replacement 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.
Contact
121 North Columbia Street, Chapel Hill, NC, 27514
https://www.invtitle.com
IPO
Date
Dec. 3, 1986
Employees
521
Officers
Ms. Kimberly McRae Wells
Senior Vice President of Southeast Region Marketing & Operations Manager
Mr. James Allen Fine Jr.
President, Treasurer, Chief Financial Officer, Chief Accounting Officer & Director
Mr. William Morris Fine
Executive Vice President, Secretary & Director
Ms. L. Dawn Martin
Vice President of Corporate Administration & Investor Relations Officer and Assistant Secretary
Mr. C. Todd Murphy
Senior Vice President of Finance
Mr. John Herath
Vice President of Human Resources
Mr. James Allen Fine
Founder, Chairman & Chief Executive Officer
Ms. Elizabeth B. Lewter
Senior Vice President of Accounting
Ms. Brandee Garren
Vice President of Underwriting & Operations Support
Mr. Andrew Wert
Senior Vice President of Operations