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
Price History & Performance
|Historical stock prices|
|Current Share Price||US$199.10|
|52 Week High||US$248.00|
|52 Week Low||US$140.25|
|1 Month Change||-4.30%|
|3 Month Change||3.89%|
|1 Year Change||26.09%|
|3 Year Change||9.90%|
|5 Year Change||28.11%|
|Change since IPO||3,362.61%|
Recent News & Updates
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.
|ITIC||US Insurance||US Market|
Return vs Industry: ITIC exceeded the US Insurance industry which returned 22.2% over the past year.
Return vs Market: ITIC exceeded the US Market which returned 19.4% over the past year.
|ITIC Average Weekly Movement||4.4%|
|Insurance Industry Average Movement||4.2%|
|Market Average Movement||6.1%|
|10% most volatile stocks in US Market||14.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: ITIC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ITIC's weekly volatility (4%) has been stable over the past year.
About the Company
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
|ITIC fundamental statistics|
Is ITIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ITIC income statement (TTM)|
|Cost of Revenue||US$141.69m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||34.18|
|Net Profit Margin||20.78%|
How did ITIC perform over the long term?See historical performance and comparison
10.0%Current Dividend Yield
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 ($199.1) is trading below our estimate of fair value ($394.54)
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 (5.8x) compared to the US Insurance industry average (10.6x).
PE vs Market: ITIC is good value based on its PE Ratio (5.8x) compared to the US market (16.9x).
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 (1.5x) compared to the US Insurance industry average (1.1x).
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.
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.
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 ($13.7M).
Debt to Equity History and Analysis
Debt Level: ITIC is debt free.
Reducing Debt: ITIC has not had any debt for past 5 years.
Debt Coverage: ITIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ITIC has no debt, therefore coverage of interest payments is not a concern.
What is Investors Title current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ITIC's dividend (9.96%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: ITIC's dividend (9.96%) is in the top 25% of dividend payers in the US market (3.61%)
Stability and Growth of Payments
Stable Dividend: ITIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ITIC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (5.3%), ITIC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Fine (86 yo)
Mr. James Allen Fine Founded Investors Title Co. in 1973 and since has been its Chairman and Chief Executive Officer since 1973. Mr. Fine serves as the Chief Executive Officer of Northeast Investors Title...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD1.42M) is about average for companies of similar size in the US market ($USD1.76M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
Experienced Management: ITIC's management team is seasoned and experienced (15.1 years average tenure).
Experienced Board: ITIC's board of directors are seasoned and experienced ( 23.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Investors Title Company's employee growth, exchange listings and data sources
- Name: Investors Title Company
- Ticker: ITIC
- Exchange: NasdaqGS
- Founded: 1972
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$377.120m
- Shares outstanding: 1.89m
- Website: https://www.invtitle.com
Number of Employees
- Investors Title Company
- 121 North Columbia Street
- Chapel Hill
- North Carolina
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/03 23:55|
|End of Day Share Price||2021/12/03 00:00|
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.