Investors Title Company (ITIC)
Stock Price:
$139.21 USD
-5.11 (-3.54%)
Updated Oct 26, 2020 11:46 AM EDT - Market open
Key Info
| Market Cap |
263.44M |
| Revenue (ttm) |
192.47M |
| Net Income (ttm) |
26.82M |
| Shares Out |
1.89M |
| EPS (ttm) |
14.14 |
| PE Ratio |
9.85 |
| Forward PE |
n/a |
| Dividend |
$1.76 |
| Dividend Yield |
1.26% |
Stock Quote
| Trading Day |
Oct 26, 2020 |
| Last Price |
$139.21 |
| Previous Close |
$144.32 |
| Change ($) |
-5.11 |
| Change (%) |
-3.54% |
| Day's Open |
144.05 |
| Day's Range |
139.17 - 143.04 |
| Day's Volume |
1,515 |
| 52-Week Range |
96.45 - 178.50 |
More Stats
| Market Cap |
263.44M |
| Enterprise Value |
237.83M |
| Earnings Date (est) |
n/a |
| Ex-Dividend Date |
Jun 12, 2020 |
| Shares Outstanding |
1.89M |
| Float |
1.38M |
| EPS (basic) |
14.19 |
| EPS (diluted) |
14.14 |
| FCF / Share |
18.05 |
| Dividend |
$1.76 |
| Dividend Yield |
1.26% |
| Earnings Yield |
10.16% |
| FCF Yield |
12.97% |
| Payout Ratio |
68.20% |
| Shares Short |
16,937 |
| Short Ratio |
1.84 |
| Short % of Float |
1.22% |
| Beta |
0.69 |
| PE Ratio |
9.85 |
| Forward PE |
n/a |
| P/FCF Ratio |
7.71 |
| PS Ratio |
1.37 |
| PB Ratio |
1.37 |
| Revenue |
192.47M |
| Operating Income |
33.98M |
| Net Income |
26.82M |
| Free Cash Flow |
34.16M |
| Net Cash |
25.62M |
| Net Cash / Share |
13.54 |
| Gross Margin |
55.68% |
| Operating Margin |
17.66% |
| Profit Margin |
13.90% |
| FCF Margin |
17.75% |
| ROA |
7.91% |
| ROE |
13.87% |
| ROIC |
14.80% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (0)
| Buy |
0 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Low
39.0
Current: $139.21
High
39.0
Target: 39.00
*Average 12-month price target from 1 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 184 | 156 | 162 | 138 | 127 | 123 | 126 | 115 | 90.69 | 71.31 |
| Revenue Growth | 17.43% | -3.32% | 16.71% | 8.87% | 3.31% | -2.48% | 9.71% | 26.9% | 27.17% | - |
| Gross Profit | 184 | 156 | 162 | 138 | 127 | 123 | 126 | 115 | 90.69 | 71.31 |
| Operating Income | 39.82 | 27.07 | 30.27 | 28.13 | 17.78 | 13.49 | 21.54 | 16.08 | 9.50 | 8.62 |
| Net Income | 31.46 | 21.89 | 25.71 | 19.52 | 12.53 | 9.65 | 14.71 | 11.10 | 6.93 | 6.37 |
| Shares Outstanding | 1.89 | 1.89 | 1.89 | 1.91 | 1.98 | 2.03 | 2.06 | 2.08 | 2.15 | 2.28 |
| Earnings Per Share | 16.59 | 11.54 | 13.56 | 10.19 | 6.30 | 4.74 | 7.08 | 5.24 | 3.20 | 2.78 |
| EPS Growth | 43.76% | -14.9% | 33.07% | 61.75% | 32.91% | -33.05% | 35.11% | 63.75% | 15.11% | - |
| Dividend Per Share | 9.60 | 12.20 | 3.75 | 0.72 | 0.40 | 0.32 | 0.32 | 0.29 | 0.28 | 0.28 |
| Dividend Growth | -21.31% | 225.33% | 420.83% | 80% | 25% | 0% | 10.34% | 3.57% | 0% | - |
| Operating Cash Flow | 20.92 | 24.39 | 19.89 | 22.57 | 16.92 | 9.68 | 15.30 | 8.69 | 9.01 | 4.23 |
| Capital Expenditures | -1.19 | -1.80 | -2.83 | -2.37 | -2.67 | -1.99 | -1.40 | -0.50 | -0.33 | -0.29 |
| Free Cash Flow | 19.73 | 22.59 | 17.06 | 20.20 | 14.25 | 7.69 | 13.90 | 8.18 | 8.68 | 3.93 |
| Cash & Equivalents | 25.95 | 18.69 | 20.21 | 27.93 | 21.79 | 15.83 | 23.63 | 20.81 | 18.04 | 8.12 |
| Total Debt | 4.50 | - | - | - | - | - | - | - | - | - |
| Net Cash / Debt | 21.45 | 18.69 | 20.21 | 27.93 | 21.79 | 15.83 | 23.63 | 20.81 | 18.04 | 8.12 |
| Assets | 264 | 244 | 249 | 229 | 212 | 198 | 188 | 172 | 158 | 153 |
| Liabilities | 72.53 | 68.63 | 70.99 | 73.80 | 68.74 | 60.48 | 59.70 | 56.79 | 51.45 | 49.56 |
| Book Value | 191 | 176 | 178 | 155 | 143 | 138 | 128 | 115 | 107 | 104 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Investors Title Company |
| Country |
United States |
| Employees |
340 |
| CEO |
James Allen Fine |
Stock Information
| Ticker Symbol |
ITIC |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Insurance—Specialty |
| Unique Identifier |
NASDAQ: ITIC |
Description
Investors Title Company, through its subsidiaries, provides 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 23 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.