Stewart Information Services Corporation Reports Q3 2026 Results Amid Residential Market Headwinds
Stewart Information Services Corporation (STC) reported third-quarter revenue of $900.7 million, a 14% year-over-year increase on an adjusted basis. However, adjusted diluted earnings per share fell to $1.33 from $1.64 in the prior year, primarily due to margin compression caused by declining residential transaction volumes and higher mortgage rates reaching approximately 7.5%. The company is navigating a challenging residential landscape by pivoting toward strategic acquisitions and commercial growth. Real Estate Solutions revenue surged 68% following the MCS acquisition, while Agency Title revenue grew 7%. Despite the slowdown in domestic purchase and refinance orders, STC maintained its commitment to shareholder returns, announcing its seventh dividend increase in under six years to $2.20 per share.
Topics: Dividend Increase EPS Real Estate Solutions Revenue Growth Title Insurance