|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.04 - 44.14|
|52 Week Range||34.48 - 48.03|
|PE Ratio (TTM)||20.90|
|Forward Dividend & Yield||1.20 (2.73%)|
|1y Target Est||N/A|
Moody's Investors Service has affirmed the Baa3 senior debt rating of Fidelity National Financial, Inc. (NYSE: FNF, Fidelity National) and the A3 insurance financial strength (IFS) ratings of its primary ...
Fidelity National's (FNF) pending acquisition of Stewart Information Services is in line with the company's strategy to regulate multiple title insurance brands under one roof.
Houston-based Stewart Information Services Corp. (STC), a real estate services company, will be acquired by Jacksonville, Florida-based Fidelity National Financial Inc. (FNF) in a $1.2 billion deal, the companies announced March 19. “Last year, our board initiated a review of strategic alternatives for the company, and after an extensive process, we determined that capitalizing on the Fidelity platform will best enable us to support the Stewart brand and continue providing the service our customers have come to expect,” Thomas Apel, Stewart’s chairman of the board, said in Stewart's March 19 press release . The deal is expected to close by the first or second quarter of 2019 and includes the assumption of $109 million of Stewart debt, according to Fidelity's press release .
Financial services provider Fidelity National Financial Inc said on Monday it would buy insurer Stewart Information Services Corp in a $1.2 billion deal to strengthen its residential and commercial title insurance business. Fidelity's offer of $50 per share represents a 23 percent premium to Stewart's closing stock price on March 16. Stewart Information's shares were up nearly 15 percent at $46.70 in premarket trading, while those of Fidelity national were up 3.3 percent.
Fidelity National Financial Inc. agreed to buy Stewart Information Services Corp. for $1.2 billion to bolster its position in the title-insurance market.
(Reuters) - Financial services company Fidelity National Financial Inc (FNF.N) said on Monday it would buy insurer Stewart Information Services Corp (STC.N) in a deal valued at $1.2 billion (£852.7 million). ...
Shares of Stewart Information Services Corp. soared 18% in premarket trade Monday, after the real estate services company agreed to be acquired by Fidelity National Financial Inc. in a cash and stock deal ...
Shares of Stewart Information Services Corporation (NYSE:STC) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.3 per share, investors must have owned the sharesRead More...
Washington Trust Bancorp, Stewart Information Services, and Compass Diversified Holdings are financial services stocks that generally perform in-line with the economy. These companies provide services ranging from consumer finance toRead More...
The Houston-based company said it had profit of 64 cents per share. Earnings, adjusted for one-time gains and costs, were 75 cents per share. The title insurance and real estate services company posted ...
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Stewart Information Services Corp. with the following peers – Investors Title Company, Old Republic International Corporation, Argo Group International Holdings, Ltd. and First American Financial Corporation (ITIC-US, ORI-US, AGII-US and FAF-US). Stewart Information Services Corp.’s dividend yield is 2.86 percent and its dividend payout is ... Read more (Read more...)
"The board is committed to exploring the full range of strategic alternatives available to the company," Thomas Apel, chairman of the Stewart board of directors, said in a press release . In the same release, Stewart also announced new C-suite appointments. John Killea, chief legal officer and chief compliance officer, has added the title of president, and the company hired John Magness as chief corporate development officer.
The Houston-based company said it had profit of 46 cents per share. The title insurance and real estate services company posted revenue of $501.6 million in the period. Stewart Information Services shares ...