Investors Title (NASDAQ:ITIC) Posts Quarterly Earnings Results

Investors Title (NASDAQ:ITIC) announced its earnings results on Thursday. The insurance provider reported $4.41 earnings per share (EPS) for the quarter, Zacks reports. Investors Title had a net margin of 11.83% and a return on equity of 10.99%.

Investors Title Stock Up 1.4 %

Shares of ITIC traded up $3.05 during midday trading on Thursday, reaching $225.41. The company had a trading volume of 2,836 shares, compared to its average volume of 13,755. The firm has a 50 day simple moving average of $236.93 and a 200-day simple moving average of $235.50. The stock has a market cap of $423.76 million, a PE ratio of 14.92 and a beta of 0.91. Investors Title has a 1-year low of $146.41 and a 1-year high of $290.40.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Investors Title from a “buy” rating to a “hold” rating in a research report on Tuesday.

About Investors Title

Investors Title Company 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.