NYSE$STC
Stewart Information Services Corporation · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported net income of $94.8 million and adjusted net income of $86.0 million, driven by strength in residential real estate and improving commercial business.
Stewart Information Services Corporation reported strong Q2 2021 results, with net income increasing to $94.8 million ($3.50 per diluted share) compared to $34.1 million ($1.44 per diluted share) in Q2 2020. Adjusted net income also saw significant growth, reaching $86.0 million ($3.17 per diluted share), a 165% increase from the prior year. The company's performance was driven by continued strength in residential real estate transaction activity and an improving commercial business.
- Operating revenues increased by 58 percent compared to the prior year quarter, reaching $802.0 million.
- Net income attributable to Stewart was $94.8 million ($3.50 per diluted share), compared to $34.1 million ($1.44 per diluted share) for the second quarter 2020.
- Adjusted net income attributable to Stewart increased 165% to $86.0 million ($3.17 per diluted share) from $32.5 million ($1.37 per diluted share) in the prior year quarter.
- Pretax income for the title segment increased by 129 percent, with a pretax margin improvement of 580 basis points to 16.7 percent.
Headline financials
Revenue & EPS history
Stewart · Revenue · Quarterly
$819M
Revenue by segment
Stewart · $524M total across 2 segments · Q1 2023
- Title Segment$462M—88.1%
- Real Estate Solutions Segment$62.6M-29.9%11.9%
Forward guidance
No specific forward guidance was provided in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.6%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+0.9%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+15.5%
Q3 2014
Best reaction
-13.5%
Q2 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.9% | +4.4% | -1.0% | |
| Q4 2025 | +2.9% | +4.4% | -2.7% | |
| Q3 2025 | -4.4% | -4.6% | -0.9% | |
| Q2 2025 | -1.2% | -1.5% | +3.9% | |
| Q1 2025 | -1.9% | -2.3% | -9.0% | |
| Q4 2024 | +3.9% | +3.4% | +4.8% | |
| Q3 2024 | +5.1% | +2.3% | +9.8% | |
| Q2 2024 | -2.0% | -4.2% | -1.0% | |
| Q1 2024 | -3.1% | -0.8% | +1.4% | |
| Q4 2023 | -1.3% | +3.5% | +1.2% | |
| Q3 2023 | +7.8% | +8.6% | +16.1% | |
| Q2 2023 | +1.8% | +1.9% | -3.9% | |
| Q1 2023 | +3.1% | +4.2% | +12.5% | |
| Q4 2022 | -12.1% | -8.1% | -22.1% | |
| Q3 2022 | -6.7% | -9.2% | +1.6% | |
| Q2 2022 | +4.1% | +5.6% | +3.1% | |
| Q1 2022 | +1.2% | +1.2% | +9.9% | |
| Q4 2021 | -4.2% | -8.8% | -10.8% | |
| Q3 2021 | -1.3% | +0.2% | +7.0% | |
| Q2 2021 | +2.6% | +5.3% | +6.7% | |
| Q1 2021 | +1.5% | +5.5% | +7.8% | |
| Q4 2020 | +3.1% | +4.8% | +5.6% | |
| Q3 2020 | -7.4% | -3.3% | -2.0% | |
| Q2 2020 | +4.2% | +14.9% | +14.1% | |
| Q1 2020 | +5.4% | +7.5% | +8.3% | |
| Q4 2019 | -3.3% | -6.6% | -10.3% | |
| Q3 2019 | +2.7% | +5.2% | +9.4% | |
| Q2 2019 | -0.8% | +1.2% | -8.1% | |
| Q1 2019 | -2.8% | -3.0% | -2.3% | |
| Q4 2018 | -1.3% | -1.2% | -2.2% | |
| Q3 2018 | -1.6% | +0.2% | +0.0% | |
| Q2 2018 | +3.3% | +2.4% | +2.4% | |
| Q1 2018 | -0.2% | -0.3% | +2.6% | |
| Q4 2017 | -6.2% | -4.9% | -5.5% | |
| Q3 2017 | +1.3% | +3.4% | +5.4% | |
| Q2 2017 | -13.5% | -14.1% | -21.2% | |
| Q1 2017 | +1.5% | +4.6% | -2.0% | |
| Q4 2016 | +0.8% | +2.5% | -1.9% | |
| Q3 2016 | -2.7% | +2.0% | +1.4% | |
| Q2 2016 | +2.0% | +1.0% | +7.5% | |
| Q1 2016 | +1.9% | — | — | |
| Q4 2015 | +3.8% | — | — | |
| Q3 2015 | -0.0% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | -3.5% | — | — | |
| Q4 2014 | +2.3% | — | — | |
| Q3 2014 | +15.5% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | +2.5% | — | — | |
| Q4 2013 | +10.7% | — | — | |
| Q3 2013 | +2.2% | — | — | |
| Q2 2013 | +0.8% | — | — | |
| Q1 2013 | +1.8% | — | — | |
| Q2 2012 | +3.4% | — | — | |
| Q4 2012 | +3.4% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2011 | +3.9% | — | — | |
| Q2 2011 | +3.9% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q4 2010 | -2.5% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q2 2010 | +8.1% | — | — | |
| Q1 2010 | -4.4% | — | — |
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