NYSE$STC
Stewart Information Services Corporation · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Stewart's Q4 2021 results were reported, showing increased operating revenues and net income compared to the prior year quarter.
Stewart Information Services Corporation reported Q4 2021 results with operating revenues of $951.4 million, a 31% increase year-over-year. Net income was $85.5 million, compared to $59.7 million in the prior year quarter, and diluted EPS was $3.12, up from $2.22 in the prior year quarter. The company highlighted improvements in purchase, commercial, and agency activity offsetting declining refinancing volumes.
- Operating revenues increased by 31% to $951.4 million compared to the prior year quarter.
- Net income rose to $85.5 million, up from $59.7 million in the same quarter of the previous year.
- Diluted EPS increased to $3.12, compared to $2.22 in the prior year quarter.
- The company saw improvements in purchase, commercial, and agency activity, which compensated for reduced refinancing volumes.
Headline financials
Revenue & EPS history
Stewart · Revenue · Quarterly
$962M
Revenue by segment
Stewart · $868M total across 1 segment · Q4 2021
- Title Segment$868M—100.0%
Forward guidance
While the past quarter reflects the start of a broader market shift away from some of the interest rate-driven order activity of the past couple of years, Stewart sees opportunity in a market that is more heavily weighted to residential home buying and improving commercial activity and Stewart's goal has always been to build a stable and resilient business that can thrive through the full real estate cycle
Tailwinds
- Opportunity in residential home buying market
- Opportunity in improving commercial activity
- Goal to build a stable and resilient business
- Ability to thrive through the full real estate cycle
- Continued focus on operational discipline
Headwinds
- Market shift away from interest rate-driven order activity
- Declining refinancing volumes
- Volatility of economic conditions
- Adverse changes in the level of real estate activity
- Changes in mortgage interest rates
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 Q4 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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