Investors Title Company (the “Company”) is a holding company that operates through its subsidiaries and was incorporated as a corporation under the laws of the state of North Carolina in 1973. The Company became operational in 1976, when it acquired Investors Title Insurance Company (“ITIC”), which had itself been operating since 1972, as a wholly owned subsidiary under a plan of exchange of shares of common stock. In 1983, the Company acquired National Investors Title Insurance Company (“NITIC”), formerly Northeast Investors Title Insurance Company, which had itself been operating since 1973, as a wholly owned subsidiary under a plan of exchange of shares of common stock. The Company’s executive offices are located at 121 North Columbia Street, Chapel Hill, North Carolina 27514 and its telephone number is (919) 968-2200. The Company maintains a website at www.invtitle.com.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 274M | 258M | 225M | 283M | 329M | 236M |
| Net Income | 36M | 31M | 22M | 24M | 67M | 39M |
| EPS | $19.00 | $16.43 | $11.45 | $12.59 | $35.28 | $20.80 |
| Free Cash Flow | 33M | 22M | -1.8M | 31M | 45M | 31M |
| ROIC | 0.0% | 12.3% | 8.6% | 9.9% | 29.3% | 19.7% |
| Gross Margin | - | 71.9% | 65.9% | 69.9% | 80.5% | 78.0% |
| Debt/Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.41 |
| Dividends/Share | $15.82 | $15.84 | $5.84 | $4.84 | $19.82 | $16.76 |
| Operating Income | 0 | 39M | 26M | 30M | 85M | 50M |
| Operating Margin | 0.0% | 15.3% | 11.7% | 10.6% | 25.8% | 21.0% |
| ROE | 13.0% | 12.3% | 8.6% | 9.9% | 29.3% | 19.7% |
| Shares Outstanding | 2M | 2M | 2M | 2M | 2M | 2M |
INVESTORS TITLE CO passes 5 of 9 quality checks, suggesting mixed fundamentals.
INVESTORS TITLE CO trades at 12.3x trailing earnings, compared to its 15-year median P/E of 9.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 13.6x vs a median of 9.6x. The company's 5-year average ROIC is 16.0% with a gross margin of 73.2%. Total shareholder yield (dividends) is 6.8%. At current prices, the estimated annualized return to fair value is -8.0%.
INVESTORS TITLE CO (ITIC) has a current P/E ratio of 12.3, compared to its historical median P/E of 9.9. The stock is currently considered Fair based on its historical valuation range.
INVESTORS TITLE CO (ITIC) has a 5-year average return on invested capital (ROIC) of 16.0%. This indicates strong capital allocation and a potential competitive advantage.
INVESTORS TITLE CO (ITIC) has a market capitalization of $442M. It is classified as a small-cap stock.
Yes, INVESTORS TITLE CO (ITIC) pays a dividend with a trailing twelve-month yield of 6.76%. The company also returns capital through share buybacks, with a buyback yield of 0.00%.
Based on historical P/E analysis, INVESTORS TITLE CO (ITIC) appears fair. The current P/E of 12.3 is 25% above its historical median of 9.9. The estimated fair value CAGR (P/E method) is -1.2%.
INVESTORS TITLE CO (ITIC) operates in the Title Insurance industry, within the Financials sector.
INVESTORS TITLE CO (ITIC) reported annual revenue of $258 million in its most recent fiscal year, based on SEC EDGAR filings.
INVESTORS TITLE CO (ITIC) has a net profit margin of 12.0%. This is a healthy margin.
INVESTORS TITLE CO (ITIC) generated $22 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
INVESTORS TITLE CO (ITIC) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
INVESTORS TITLE CO (ITIC) reported earnings per share (EPS) of $16.43 in its most recent fiscal year.
INVESTORS TITLE CO (ITIC) has a return on equity (ROE) of 12.3%. This indicates moderate shareholder returns.
INVESTORS TITLE CO (ITIC) has a 5-year average gross margin of 73.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 15 years of financial data for INVESTORS TITLE CO (ITIC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
INVESTORS TITLE CO (ITIC) has a book value per share of $133.13, based on its most recent annual SEC filing.
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