Stewart Information Services Corporation (STC) Stock Analysis

Stewart Information Services is a global title-insurance and real-estate-services provider whose core US business underwrites owner and lender policies through direct offices and independent agencies, supplemented by escrow, closing, Section 1031 exchanges, appraisal, default, inspection, and credit services. Its 130-plus-year brand, regulatory reserve base, title plants, Virtual Underwriter technology, more than 440 offices, and agency network support a credible mid-tier moat in a concentrated market. **Q2 2026 revenue rose 24.6% to $899.2 million**, while H1 revenue increased 26.0% to $1,680.5 million and H1 adjusted EPS rose 36.5% to $2.17. RES was the standout, with Q2 revenue up 75.2% to $197.4 million and pretax income up 174.1% to $18.5 million, although adjusted Q2 EPS of $1.39 missed consensus by approximately 15.5% as employee and operating costs increased. Management guides to approximately 20% 2026 revenue growth and roughly 30% earnings growth despite reducing expected existing-home-sales growth to about 2%. At $68.07, valuation is approximately 15.0x trailing P/E, 12.97x forward FY2027 P/E, 0.6x sales, and 1.2x book. Catalysts include lower Treasury yields, housing normalization, MCS synergies, and commercial share gains.