Investors Title Q3 Earnings Rise Y/Y on Premium Growth, Cost Control [Yahoo! Finance]
Investors Title Company (ITIC)
US:NASDAQ Investor Relations:
invtitle.com/investor-relations-overview
Company Research
Source: Yahoo! Finance
This marks a notable increase, reflecting 31% year-over-year growth in earnings per share. Revenues for the quarter rose to $68.8 million, a 12.1% increase from the prior year's $61.4 million. The growth in revenues was attributed primarily to an expansion in net premiums written, supported by successful entry and growth in the Texas and Florida markets, alongside a positive swing in investment gains. The company's overall quarterly performance highlighted robust operational resilience and improved profitability. Management commentary underscored the company's success in navigating a challenging environment while maintaining growth. Chairman J. Allen Fine noted that rising agent-sourced premiums, cost-saving measures and improved investment returns contributed to the positive financial results. Despite industry-wide challenges, including reduced transaction volumes compared to pre-pandemic levels, the company saw stabilization in activity. Notably, market conditions improved sli
Show less
Read more
Impact Snapshot
Event Time:
ITIC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ITIC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ITIC alerts
High impacting Investors Title Company news events
Weekly update
A roundup of the hottest topics
ITIC
News
- Investors Title (NASDAQ: ITIC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Investors Title Company (NASDAQ:ITIC) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock? [Yahoo! Finance]Yahoo! Finance
- AM Best Affirms Credit Ratings of Investors Title Company and Its SubsidiariesBusiness Wire
- Investors Title (NASDAQ: ITIC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash DividendBusiness Wire
ITIC
Sec Filings
- 11/8/24 - Form SC
- 11/8/24 - Form 4
- 11/7/24 - Form 10-Q
- ITIC's page on the SEC website