NasdaqGS:ITIC

Stock Analysis Report

Executive Summary

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.

Risks

  • Investors Title is not covered by any analysts.

Similar Companies

Share Price & News

How has Investors Title's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.7%

NasdaqGS:ITIC

-1.1%

US Insurance

0.2%

US Market


1 Year Return

-28.8%

NasdaqGS:ITIC

7.1%

US Insurance

-0.7%

US Market

ITIC underperformed the Insurance industry which returned 8.8% over the past year.

ITIC underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

ITICIndustryMarket
7 Day-5.7%-1.1%0.2%
30 Day-12.7%-3.0%-2.7%
90 Day-11.8%0.8%1.6%
1 Year-24.0%-28.8%9.7%7.1%1.6%-0.7%
3 Year54.7%41.0%44.1%33.2%40.0%30.9%
5 Year112.4%91.5%63.8%44.3%53.8%36.8%

Price Volatility Vs. Market

How volatile is Investors Title's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Investors Title undervalued based on future cash flows and its price relative to the stock market?

25%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Investors Title's share price is below the future cash flow value, and at a moderate discount (> 20%).

Investors Title's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Investors Title is good value based on earnings compared to the US Insurance industry average.

Investors Title is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Investors Title, we can't assess if its growth is good value.


Price Based on Value of Assets

Investors Title is overvalued based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

How is Investors Title expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Investors Title is high growth as no revenue estimate data is available.

Investors Title's earnings are expected to grow by 0.7% yearly, however this is not considered high growth (20% yearly).

Unable to compare Investors Title's revenue growth to the United States of America market average as no estimate data is available.

Investors Title's earnings growth is positive but not above the United States of America market average.

Investors Title's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Investors Title will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Investors Title performed over the past 5 years?

21.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Investors Title has delivered over 20% year on year earnings growth in the past 5 years.

Investors Title's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Investors Title's 1-year earnings growth is negative, it can't be compared to the US Insurance industry average.


Return on Equity

Investors Title has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Investors Title used its assets more efficiently than the US Insurance industry average last year based on Return on Assets.


Return on Capital Employed

Investors Title has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Investors Title's financial position?


Financial Position Analysis

Investors Title is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Investors Title's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Investors Title has no debt.

Investors Title has not taken on any debt in the past 5 years.

Investors Title has no debt, it does not need to be covered by operating cash flow.

Investors Title has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Investors Title has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Investors Title's current dividend yield, its reliability and sustainability?

8.71%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Investors Title before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Investors Title's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Investors Title's dividend is above the markets top 25% of dividend payers in United States of America (3.83%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (7.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Investors Title's salary, the management and board of directors tenure and is there insider trading?

22.6yrs

Average management tenure


CEO

James Fine (84yo)

46.3yrs

Tenure

US$1,284,233

Compensation

Mr. J. Allen Fine Founded Investors Title Co. in 1973 and since has been its Chairman and Chief Executive Officer since 1973. Mr. Fine serves as the Chief Executive Officer of Northeast Investors Title Ins ...


CEO Compensation Analysis

James's remuneration is about average for companies of similar size in United States of America.

James's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

22.6yrs

Average Tenure

54yo

Average Age

The average tenure for the Investors Title management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

28.3yrs

Average Tenure

78yo

Average Age

The average tenure for the Investors Title board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$153,97829 Mar 19
James Fine
EntityIndividual
Role
Member of the Board of Directors
President
Shares987
Max PriceUS$156.01

Ownership Breakdown


Management Team

  • James Fine (84yo)

    CEO & Chairman

    • Tenure: 46.3yrs
    • Compensation: US$1.28m
  • Jim Fine (56yo)

    President

    • Tenure: 22.3yrs
    • Compensation: US$1.22m
  • William Fine (52yo)

    Executive VP

    • Tenure: 20.3yrs
    • Compensation: US$1.22m
  • L. Martin (52yo)

    Vice President of Corporate Administration & Investor Relations Officer

    • Tenure: 28.6yrs
  • Beth Lewter

    Vice President & Controller

    • Tenure: 0.0yrs
  • C. Murphy

    Senior Vice President of Finance

    • Tenure: 0.0yrs
  • Mitchell Ward

    Vice President of Human Resources

    • Tenure: 0.0yrs
  • Carol Hayden

    VP of Senior Claims Counsel & Executive VP of Investors Title Exchange Corp

    • Tenure: 3.0yrs
  • Valerie Weston

    Human Resources Director

    • Tenure: 0.0yrs
  • Dan Minto

    Senior Vice President of Engineering & Information Technology

    • Tenure: 0.3yrs

Board Members

  • James Fine (84yo)

    CEO & Chairman

    • Tenure: 46.3yrs
    • Compensation: US$1.28m
  • Jim Fine (56yo)

    President

    • Tenure: 22.3yrs
    • Compensation: US$1.22m
  • William Fine (52yo)

    Executive VP

    • Tenure: 20.3yrs
    • Compensation: US$1.22m
  • James Morton (81yo)

    Director

    • Tenure: 34.3yrs
    • Compensation: US$69.61k
  • David Francis (86yo)

    Director

    • Tenure: 37.3yrs
    • Compensation: US$74.86k
  • H. King (86yo)

    Director

    • Tenure: 36.3yrs
    • Compensation: US$75.36k
  • R. Johnson (74yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: US$74.86k
  • James Speed (65yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: US$69.61k
  • Richard Hutson (78yo)

    Lead Independent Director

    • Tenure: 0.0yrs
    • Compensation: US$69.61k

Company Information

Investors Title Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Investors Title Company
  • Ticker: ITIC
  • Exchange: NasdaqGS
  • Founded: 1972
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$264.415m
  • Shares outstanding: 1.89m
  • Website: https://www.invtitle.com

Number of Employees


Location

  • Investors Title Company
  • 121 North Columbia Street
  • Chapel Hill
  • North Carolina
  • 27514
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITICNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1986

Biography

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:42
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.