Investors Title Intrinsic Stock Value – INVESTORS TITLE Reports Second Quarter FY2023 Earnings Results on June 30 2023

August 24, 2023

🌥️Earnings Overview

On June 30 2023, INVESTORS TITLE ($NASDAQ:ITIC) reported their second quarter FY2023 earnings results, revealing a 17.8% decrease in total revenue compared to the same period of the previous year, from USD 58.3 million to USD 7.6 million. Additionally, net income also dropped from 2.3 million to USD 7.6 million.

Price History

The stock opened at $155.4 and closed at $155.0, representing an increase of 1.5% from the prior closing price of $152.7. All these factors together have led to a strong performance for INVESTORS TITLE in the second quarter of FY2023 and investors seem to be quite optimistic about the company’s future prospects. Overall, the second quarter earnings results are a testament to the financial strength and stability of INVESTORS TITLE. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Investors Title. More…

    Total Revenues Net Income Net Margin
    253.15 24.2 9.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Investors Title. More…

    Operations Investing Financing
    21.76 -28.75 -9.31
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Investors Title. More…

    Total Assets Total Liabilities Book Value Per Share
    330.48 83.23 130.75
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Investors Title are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    9.6%
    FCF Margin ROE ROA
    5.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Investors Title Intrinsic Stock Value

    GoodWhale recently conducted an analysis of Investor’s Title’s fundamentals. After analyzing various factors such as profitability, debt-to-equity ratio, and cash flow, our proprietary Valuation Line calculated an intrinsic value of INVESTORS TITLE share to be around $116.7. Currently, however, the stock is trading at $155.0, overvalued by 32.9%. Therefore, it is a good time to review the investment and ensure that the current price is in line with the intrinsic value. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • Peers

    The title insurance industry is highly competitive. Investors Title Co must compete against United Insurance Holdings Corp, Allianz SE, and Crawford & Co, among others. In order to succeed, Investors Title Co must offer a superior product at a competitive price.

    – United Insurance Holdings Corp ($NASDAQ:UIHC)

    As of 2022, United Insurance Holdings Corp has a market cap of 17.47M and a Return on Equity of -27.2%. The company is a provider of homeowners’ insurance, focusing on coastal markets in the United States.

    – Allianz SE ($LTS:0M6S)

    Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its primary businesses are insurance and asset management, with its insurance operations accounting for about two-thirds of its total revenue. The company was founded in 1890 and has since grown to become one of the largest financial services providers in the world, with operations in more than 70 countries. Allianz SE has a market cap of 74.05B as of 2022, a Return on Equity of 7.6%. The company’s insurance operations are its largest business, accounting for about two-thirds of its total revenue. Allianz SE provides a wide range of insurance products, including property and casualty, life and health, and travel insurance. The company’s asset management business provides a variety of investment products and services to individuals and institutional investors. Allianz SE has a long history of strong financial performance, with a strong track record of profitability and shareholder returns.

    – Crawford & Co ($NYSE:CRD.A)

    Crawford & Co is an international provider of claims management solutions to the insurance industry, self-insured entities and risk management professionals. The company has a market cap of 293.58M as of 2022 and a Return on Equity of 14.3%. Crawford & Co provides a broad range of services including claims administration, managed care, business process outsourcing, and consulting. The company has a long history of providing high quality services and has a strong reputation in the industry.

    Summary

    Investors Title reported their financial results for the second quarter of FY2023, showcasing a notable 17.8% decline in total revenue year over year, from USD 58.3 million to USD 7.6 million. Net income also saw a significant decrease, from USD 2.3 million to USD 7.6 million. Overall, the results reflect a challenging environment for the company, indicating a period of potential restructuring and cost-cutting in order to remain competitive in the industry. Investors should keep a close eye on the company’s financial health and adjust their stock positions accordingly.

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