Investors Title Company (ITIC)
| Market Cap | 443.63M |
| Revenue (ttm) | 233.77M |
| Net Income (ttm) | 26.32M |
| Shares Out | 1.88M |
| EPS (ttm) | 13.93 |
| PE Ratio | 16.90 |
| Forward PE | n/a |
| Dividend | $1.84 (0.78%) |
| Ex-Dividend Date | Sep 3, 2024 |
| Volume | 25,555 |
| Open | 234.00 |
| Previous Close | 234.41 |
| Day's Range | 233.89 - 239.95 |
| 52-Week Range | 127.71 - 243.74 |
| Beta | 0.77 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 31, 2024 |
About ITIC
Investors Title Company 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 offers 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 ... [Read more]
Financial Performance
In 2023, Investors Title Company's revenue was $224.55 million, a decrease of -20.75% compared to the previous year's $283.33 million. Earnings were $21.69 million, a decrease of -9.27%.
Financial StatementsNews
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 H...
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 recor...
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...
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 duri...
Investors Title Company Announces First Quarter 2024 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the quarter ended March 31, 2024. The Company reported net income of $4.5 million, or $2.40 per d...
Investors Title Company Announces Fourth Quarter and Fiscal Year 2023 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the fourth quarter and year ended December 31, 2023. For the quarter, net income decreased 22.5% ...
Investors Title Company To Compound Your Wealth
Investors Title Company is a consistently profitable insurance company. It's been growing its balance sheet while its reserves for claims stay flat. Sometimes it even pays a special dividend around 10...
Investors Title Company: Call Option On Lower Interest Rates (And More Home Sales)
Investors Title Company's performance is closely tied to the housing market and transaction volume. Q3 and 9M 2023 results show a decrease in transaction volume, impacting the company's financials. De...
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 $4.00 per share to shareholders of ...
Investors Title Company Announces Third Quarter 2023 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the third quarter ended September 30, 2023. The Company reported net income of $7.1 million, or $...
Investors Title Company Announces Second Quarter 2023 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the second quarter ended June 30, 2023. The Company reported net income of $7.6 million, or $4.00...
Investors Title Modernizes Digital Strategy with Icertis Contract Intelligence Implementation by CloudMoyo, Inc.
BELLEVUE, Wash.--(BUSINESS WIRE)--North Carolina-based insurance company, Investors Title, is powering toward digital transformation of its contract management process.
Investors Title Company Announces First Quarter 2023 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the quarter ended March 31, 2023. The Company reported net income of $1.2 million, or $0.62 per d...
Investors Title Company: Providing Stability In An Unstable Market
Investors Title Company represents a low-risk opportunity with reasonable upside. Despite short-term macro headwinds, ITIC has substantial long-term earning power and a rock-solid balance sheet.
Investors Title Company Announces Fourth Quarter and Fiscal Year 2022 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2022. For the quarter, net income decreased 60.2% to $7.5 million...
Investors Title Company Announces Third Quarter 2022 Financial Results
CHAPEL HILL, N.C.
Investors Title Company Looks Set To Successfully Battle Industry Headwinds
Investors Title has been well run by the founding Fine family for a number of years, who have maintained a conservative balance sheet and grown premiums at 9% per year. Title premiums are set to be ch...
Investors Title Company Announces Second Quarter 2022 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the second quarter ended June 30, 2022. The Company reported net income of $2.3 million, or $1.20...
Investors Title Company Announces First Quarter 2022 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the quarter ended March 31, 2022. The Company reported net income of $6.2 million, or $3.25 per diluted share, c...
Investors Title Company Announces Fourth Quarter and Fiscal Year 2021 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2021. The Company set all-time quarterly and annual records for t...
Investors Title Company: Boringly Efficient With A 9% Yield
ITIC saw its business rebound in Q3 and I now anticipate a full-year net income of around $25/share adjusted for changes in the fair value of the investment portfolio. The company pays a low quarterly...
Investors Title Company Announces Third Quarter 2021 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the third quarter ended September 30, 2021. The Company reported net income of $14.5 million, or $7.63 per dilut...
Investors Title Co.: Can We Expect Another Special Dividend This Year?
ITIC is a title insurance company. Claims rates are exceptionally low, allowing ITIC to book very handsome profits.
Investors Title Company Announces Record Second Quarter 2021 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the second quarter ended June 30, 2021. The Company reported net income of $19.8 million, or $10.42 per diluted ...
Investors Title Company Announces Record First Quarter 2021 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced record results for the quarter ended March 31, 2021. The Company reported net income of $13.8 million, or $7.29 per diluted ...