CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the first quarter ended March 31, 2025. The Company reported net income of $3.2 million, or $1.67 per diluted share, compared to $4.5 million, or $2.40 per diluted share, for the prior year period. Revenues increased 5.8% to $56.6 million, compared to $53.5 million in the prior year period. Th...
Investors Title Company's profit increased by 50% due to higher premiums and reduced staff expenses, despite rising agent commissions. ITIC's dividend yield is over 7%, bolstered by a special dividend, but future dividends will fluctuate with financial performance. The company's tangible book value per share rose slightly, as most earnings are paid out in dividends and minor share buybacks.
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record March 24, 2025, payable March 31, 2025. Investors Title Company is a publicly held North Carolina company whose stock is traded on The Nasdaq Global Select Market. Investors Title Company is enga...
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the fourth quarter ended December 31, 2024. The Company reported net income of $8.4 million, or $4.41 per diluted share, compared with $5.8 million, or $3.09 per diluted share, for the prior year period. Revenues increased 31.6% to $70.6 million, compared to $53.7 million in the prior year per...
Investors Title Company maintains a Buy rating due to strong organic growth in Texas and Florida, despite higher interest rates impacting real estate transactions. Year-over-year revenues increased by 9.6%, with YTD earnings up over 40%, supported by a significant dividend and an impressive balance sheet. My valuation of $300 remains justified, with the company demonstrating resilience and grow...
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