Investors Title

Investors Title Co. operates as a holding company engaged in the issuance of residential and commercial title insurance. It provides tax-deferred real property exchange services through its subsidiaries, Investors Title Exchange Corporation (ITEC) and Investors Title Accommodation Corporation (ITAC), investment management and trust services to individuals, trusts and other entities through its subsidiary, Investors Trust Company (Investors Trust), and management services to title insurance agencies through its subsidiary, Investors Title Management Services (ITMS). The company was founded by James Allen Fine in 1972 and is headquartered in Chapel Hill, NC.

Earnings data Q1 2024

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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 18, 2024, payable March 29, 2024. Investors Title Company is a publicly held North Carolina company whose stock is traded on The Nasdaq Global Select Market. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also provides se.

Investors Title Company Declares Quarterly Dividend

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the fourth quarter and year ended December 31, 2023. For the quarter, net income decreased 22.5% to $5.8 million, or $3.09 per diluted share, versus $7.5 million, or $3.97 per diluted share, in the prior year period. For the year, net income decreased 9.3% to $21.7 million, or $11.45 per diluted share, versus $23.9 million, or $12.59 per diluted share, in the prior year. Revenues for the quart.

Investors Title Company Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Investors Title Company is a consistently profitable insurance company. It's been growing its balance sheet while its reserves for claims stay flat. Sometimes it even pays a special dividend around 10%.

Investors Title Company To Compound Your Wealth

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Investors Title Company's performance is closely tied to the housing market and transaction volume. Q3 and 9M 2023 results show a decrease in transaction volume, impacting the company's financials. Despite the weak year, Investors Title pays a generous dividend and has a strong balance sheet.

Investors Title Company: Call Option On Lower Interest Rates (And More Home Sales)

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $4.00 per share to shareholders of record on December 1, 2023, payable December 15, 2023. The special dividend will be funded through existing cash balances. The Board also declared a regular quarterly cash dividend of $.46 per share to shareholders of record December 1, 2023, payable on December 15, 2023. Investors Title Company is.

Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the third quarter ended September 30, 2023. The Company reported net income of $7.1 million, or $3.75 per diluted share, for the three months ended September 30, 2023, compared to $7.9 million, or $4.17 per diluted share, for the prior year period. Revenues decreased 21.3% to $61.4 million, compared with $78.0 million for the prior year quarter, primarily as the result of decreases in the Comp.

Investors Title Company Announces Third Quarter 2023 Financial Results

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the second quarter ended June 30, 2023. The Company reported net income of $7.6 million, or $4.00 per diluted share, for the three months ended June 30, 2023, compared to $2.3 million, or $1.20 per diluted share, for the prior year period. Revenues decreased 17.8% to $58.3 million, compared with $70.9 million for the prior year quarter, primarily as a result of decreases in the Company's title.

Investors Title Company Announces Second Quarter 2023 Financial Results

BELLEVUE, Wash.--(BUSINESS WIRE)--North Carolina-based insurance company, Investors Title, is powering toward digital transformation of its contract management process.

Investors Title Modernizes Digital Strategy with Icertis Contract Intelligence Implementation by CloudMoyo, Inc.

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the quarter ended March 31, 2023. The Company reported net income of $1.2 million, or $0.62 per diluted share, compared with net income of $6.2 million, or $3.25 per diluted share, for the prior year period. Revenues decreased 25.6% to $51.3 million, compared to $69.0 million in the prior year period, primarily as a result of decreases of 38.3% in revenues related to our title insurance busine.

Investors Title Company Announces First Quarter 2023 Results

Investors Title Company represents a low-risk opportunity with reasonable upside. Despite short-term macro headwinds, ITIC has substantial long-term earning power and a rock-solid balance sheet.

Investors Title Company: Providing Stability In An Unstable Market

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2022. For the quarter, net income decreased 60.2% to $7.5 million, or $3.97 per diluted share, versus $18.9 million, or $9.94 per diluted share, in the prior year period. For the year, net income decreased 64.3% to $23.9 million, or $12.59 per diluted share, versus $67.0 million, or $35.28 per diluted share, in the prior year.

Investors Title Company Announces Fourth Quarter and Fiscal Year 2022 Results

Investors Title Company Announces Third Quarter 2022 Financial Results

Investors Title has been well run by the founding Fine family for a number of years, who have maintained a conservative balance sheet and grown premiums at 9% per year. Title premiums are set to be challenged by a battered real estate market, but Investors Title's market share growth in Texas should partially offset those headwinds.

Investors Title Company Looks Set To Successfully Battle Industry Headwinds

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the second quarter ended June 30, 2022. The Company reported net income of $2.3 million, or $1.20 per diluted share, compared to $19.8 million, or $10.42 per diluted share, for the prior year period. Revenues for the quarter decreased 16.5% to $70.9 million, compared with $85.0 million for the prior year quarter. Total revenues were offset by the recognition of a $12.2 million unrealized loss

Investors Title Company Announces Second Quarter 2022 Financial Results

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the quarter ended March 31, 2022. The Company reported net income of $6.2 million, or $3.25 per diluted share, compared with net income of $13.8 million, or $7.29 per diluted share, for the prior year period. Total revenues decreased 4.3% to $69.0 million, compared to $72.1 million in the prior year period. The Company set a first quarter record for net premiums written, however this was partially offset by

Investors Title Company Announces First Quarter 2022 Results

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2021. The Company set all-time quarterly and annual records for total revenues and net premiums written, in addition to setting an all-time annual record for net income. For the quarter, net income increased 13.7% to $18.9 million, or $9.94 per diluted share, versus $16.6 million, or $8.77 per diluted share, in the prior year period. For the year, net income inc

Investors Title Company Announces Fourth Quarter and Fiscal Year 2021 Results

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.

Investors Title Company: Boringly Efficient With A 9% Yield

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the third quarter ended September 30, 2021. The Company reported net income of $14.5 million, or $7.63 per diluted share, for the three months ended September 30, 2021, compared to $15.3 million, or $8.07 per diluted share, for the prior year period. The Company set an all-time record for net premiums written in a quarter. Revenues increased 20.4% to $81.4 million, compared with $67.6 million for the prior y

Investors Title Company Announces Third Quarter 2021 Financial Results

ITIC is a title insurance company. Claims rates are exceptionally low, allowing ITIC to book very handsome profits.

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

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the second quarter ended June 30, 2021. The Company reported net income of $19.8 million, or $10.42 per diluted share, compared to $14.5 million, or $7.65 per diluted share, for the prior year period. The Company set all-time quarterly records for total revenues, net premiums written and net income. Revenues for the quarter increased 37.6% to $85.0 million, compared with $61.7 million for the prior year quar

Investors Title Company Announces Record Second Quarter 2021 Financial Results

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced record results for the quarter ended March 31, 2021. The Company reported net income of $13.8 million, or $7.29 per diluted share, compared with a net loss of $7.0 million, or $3.71 per diluted share, for the prior year period. The Company set quarterly records for total revenues, net premiums written and net income. Revenues for the quarter increased 141.1% to $72.1 million, compared to $29.9 million in the prior year

Investors Title Company Announces Record First Quarter 2021 Results

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CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced record results for the fourth quarter and year ended December 31, 2020. For the quarter, net income increased 46.2% to $16.6 million, or $8.77 per diluted share, versus $11.4 million, or $6.00 per diluted share, in the prior year period. For the year, net income increased 25.3% to $39.4 million, or $20.80 per diluted share, versus $31.5 million, or $16.59 per diluted share, in the prior year. The Company set all-time qu

Investors Title Company Announces Record Fourth Quarter and Fiscal Year 2020 Results

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