Investors Title (NASDAQ:ITIC – Get Free Report) announced its quarterly earnings results on Thursday. The insurance provider reported $4.41 EPS for the quarter, Zacks reports. Investors Title had a return on equity of 10.99% and a net margin of 11.83%.
Investors Title Price Performance
ITIC opened at $227.53 on Friday. The business’s 50-day moving average is $235.36 and its two-hundred day moving average is $235.64. Investors Title has a 1 year low of $146.41 and a 1 year high of $290.40. The firm has a market capitalization of $427.76 million, a PE ratio of 15.06 and a beta of 0.91.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered Investors Title from a “buy” rating to a “hold” rating in a research note on Tuesday.
Investors Title Company Profile
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.
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