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Investors TitleNasdaqGS:ITIC Stock Report

Last Price


Market Cap







16 Jan, 2022


Company Financials
ITIC fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance6/6
Financial Health6/6

ITIC Stock Overview

Investors Title Company, through its subsidiaries, engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties.

Investors Title Competitors

Fidelity National Financial



First American Financial



Stewart Information Services



Price History & Performance

Summary of all time highs, changes and price drops for Investors Title
Historical stock prices
Current Share PriceUS$208.99
52 Week HighUS$248.00
52 Week LowUS$140.25
1 Month Change8.74%
3 Month Change10.40%
1 Year Change40.87%
3 Year Change21.00%
5 Year Change60.82%
Change since IPO3,534.61%

Recent News & Updates

Jan 07

Investors Title Company: Boringly Efficient With A 9% Yield

ITIC saw its business rebound in Q3 and I now anticipate a full-year net income of around $25/share adjusted for changes in the fair value of the investment portfolio. The company pays a low quarterly dividend but makes up for it by paying a special dividend in Q4. In FY 2021, ITIC paid almost $20 in dividends and will likely retain about $5/share in earnings. This should result in a year-end TBV of in excess of $100/share.

Sep 03

Investors Title Co.: Can We Expect Another Special Dividend This Year?

ITIC is a title insurance company. Claims rates are exceptionally low, allowing ITIC to book very handsome profits. The H1 EPS was almost $18/share. Expect another special dividend to be announced in November.

Shareholder Returns

ITICUS InsuranceUS Market

Return vs Industry: ITIC exceeded the US Insurance industry which returned 23.5% over the past year.

Return vs Market: ITIC exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is ITIC's price volatile compared to industry and market?
ITIC volatility
ITIC Average Weekly Movement5.1%
Insurance Industry Average Movement4.2%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: ITIC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ITIC's weekly volatility (5%) has been stable over the past year.

About the Company

1972426James Fine

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.

Investors Title Fundamentals Summary

How do Investors Title's earnings and revenue compare to its market cap?
ITIC fundamental statistics
Market CapUS$395.85m
Earnings (TTM)US$64.74m
Revenue (TTM)US$311.59m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ITIC income statement (TTM)
Cost of RevenueUS$141.69m
Gross ProfitUS$169.90m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date


Earnings per share (EPS)34.18
Gross Margin54.53%
Net Profit Margin20.78%
Debt/Equity Ratio0%

How did ITIC perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Investors Title undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ITIC ($208.99) is trading below our estimate of fair value ($388.37)

Significantly Below Fair Value: ITIC is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: ITIC is good value based on its PE Ratio (6.1x) compared to the US Insurance industry average (11.4x).

PE vs Market: ITIC is good value based on its PE Ratio (6.1x) compared to the US market (17.4x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ITIC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: ITIC is overvalued based on its PB Ratio (1.6x) compared to the US Insurance industry average (1.2x).

Future Growth

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


Forecasted Insurance industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Investors Title has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Investors Title performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ITIC has high quality earnings.

Growing Profit Margin: ITIC's current net profit margins (20.8%) are higher than last year (16.1%).

Past Earnings Growth Analysis

Earnings Trend: ITIC's earnings have grown significantly by 23.1% per year over the past 5 years.

Accelerating Growth: ITIC's earnings growth over the past year (89.5%) exceeds its 5-year average (23.1% per year).

Earnings vs Industry: ITIC earnings growth over the past year (89.5%) exceeded the Insurance industry 39.8%.

Return on Equity

High ROE: ITIC's Return on Equity (26.4%) is considered high.

Financial Health

How is Investors Title's financial position?

Financial Position Analysis

Short Term Liabilities: ITIC's short term assets ($137.4M) exceed its short term liabilities ($76.4M).

Long Term Liabilities: ITIC's short term assets ($137.4M) exceed its long term liabilities ($13.7M).

Debt to Equity History and Analysis

Debt Level: ITIC is debt free.

Reducing Debt: ITIC has not had any debt for past 5 years.

Debt Coverage: ITIC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ITIC has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet


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


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ITIC's dividend (9.49%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: ITIC's dividend (9.49%) is in the top 25% of dividend payers in the US market (3.44%)

Stability and Growth of Payments

Stable Dividend: ITIC's dividend payments have been volatile in the past 10 years.

Growing Dividend: ITIC's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (5.3%), ITIC's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


James Fine (86 yo)





Mr. James 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...

CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD1.42M) is about average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: ITIC's management team is seasoned and experienced (25 years average tenure).

Board Members

Experienced Board: ITIC's board of directors are seasoned and experienced ( 22.7 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Investors Title Company's 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
  • Implied Market Cap: US$395.853m
  • Shares outstanding: 1.89m
  • Website:

Number of Employees


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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:14
End of Day Share Price2022/01/14 00:00
Annual Earnings2020/12/31

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.