/

Investors Title Company

ITIC US

ITIC USInvestors Title Company

United States Composite

162.45

USD

+0.95

(+0.59%)

11.45EPS Dil.

14.18P/E

307.19MMarket Cap

3.59%Div. Yield

Next Earnings

May 3

Ex-Dividend Date

March 15

Dividend Date

March 29

Held by Insiders

25.23%

Held by Institutions

48.02%

Short % of Float

0.30%

YTD Yield

9.14%

3Y Yield

-9.68%

5Y Yield

-4.17%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

- -

LT Borrowings

- -

LT Finance Leases

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

276

279

307

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

218

217

213

Cash, Cash Equivalents & STI

199

198

Accounts Receivable, Net

Inventories

- -

Total Current Liabilities

Payables & Accruals

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

7.44%

10.23%

-20.49%

Net Income, GAAP

13.11%

13.20%

-8.33%

Free Cash Flow

4.87%

-9.33%

-106.45%

Total Cash Common Dividend

84.93%

4.14%

22.22%

Total Equity

7.02%

7.51%

4.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

329

2022

283

2023

225

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

7.30

10.44

7.66

9.99

35.39

2022

3.26

1.20

4.17

3.97

12.60

2023

0.62

4.00

3.75

3.09

11.46

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.44

0.46

18.47

19.83

2022

0.46

3.46

4.84

2023

0.46

4.46

5.84

Company Description

CEO: Mr. James Allen Fine
Full Time Employees: 545
Sector: Financial Services
Industry: Insurance - Specialty
Address: 121 North Columbia Street Chapel Hill NC United States 27514
IPO Date: Dec 3, 1986
CIK: 0000720858
Website: www.invtitle.com
Business: 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 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 directly and through a network of agents in 22 states and the District of Columbia, primarily in the eastern half of the United States. Investors Title Company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.

Company News

Yahoo
2 months ago
Investors Title Full Year 2023 Earnings: EPS: US$11.46 (vs US$12.60 in FY 2022)

Company Description

CEO: Mr. James Allen Fine
Full Time Employees: 545
Sector: Financial Services
Industry: Insurance - Specialty
Address: 121 North Columbia Street Chapel Hill NC United States 27514
IPO Date: Dec 3, 1986
CIK: 0000720858
Website: www.invtitle.com
Business: 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 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 directly and through a network of agents in 22 states and the District of Columbia, primarily in the eastern half of the United States. Investors Title Company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.