Profile
Sector:
Financial ServicesIndustry:
Insurance - SpecialtyCountry:
United StatesIPO:
03 December 1986Website:
http://www.invtitle.comNext earnings report:
07 August 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 20:09:36 GMTAnalysts recommendations
Institutional Ownership
ITIC Latest News
Explore why Zacks gives Investors Title a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Uncover ITIC's growth in the thriving title insurance market, robust financials and the challenges it faces in a competitive landscape.
Investors Title Company is a consistently profitable insurance company. It's been growing its balance sheet while its reserves for claims stay flat. Sometimes it even pays a special dividend around 10%.
Here's where two of our contributors see opportunities right now.
Investors Title Company represents a low-risk opportunity with reasonable upside. Despite short-term macro headwinds, ITIC has substantial long-term earning power and a rock-solid balance sheet.
What type of business is Investors Title?
Investors Title Company, through its subsidiaries, 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. It also provides services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property. In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 24 states and the District of Columbia, primarily in the eastern half of the United States. The company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.
What sector is Investors Title in?
Investors Title is in the Financial Services sector
What industry is Investors Title in?
Investors Title is in the Insurance - Specialty industry
What country is Investors Title from?
Investors Title is headquartered in United States
When did Investors Title go public?
Investors Title initial public offering (IPO) was on 03 December 1986
What is Investors Title website?
https://www.invtitle.com
Is Investors Title in the S&P 500?
No, Investors Title is not included in the S&P 500 index
Is Investors Title in the NASDAQ 100?
No, Investors Title is not included in the NASDAQ 100 index
Is Investors Title in the Dow Jones?
No, Investors Title is not included in the Dow Jones index
When does Investors Title report earnings?
The next expected earnings date for Investors Title is 07 August 2024