Core Insights - Stewart Information Services Corporation will participate in the Stephens Annual Investment Conference on November 19, 2025, with CEO Fred Eppinger and CFO David Hisey leading a fireside chat [1] - Interested investors can access a live webcast of the presentation on Stewart's Investor Relations website, with a replay available afterward [2] - Stewart is a global real estate services company providing a range of products and services, including title insurance and closing services, aiming to be the premier title services company [3] Company Developments - Stewart announced its intent to acquire Mortgage Contracting Services (MCS), enhancing its real estate services portfolio by integrating property preservation services [6] - The company will hold a conference call on October 23, 2025, to discuss its third quarter 2025 earnings, following the earnings release on October 22 [7] - In response to new Anti-Money Laundering regulations, Stewart launched FINCEN Reporting Services to assist its title and closing customers with compliance [8]

Revenue Growth - Direct title revenues increased to $299,690,000 in Q3 2025 from $270,706,000 in Q3 2024, representing a growth of 10.5%[10] - Agency title revenues rose to $360,186,000 in Q3 2025 compared to $282,549,000 in Q3 2024, marking a significant increase of 27.5%[10] - Operating revenues for the nine months ended September 30, 2025, reached $2,077,954,000, up from $1,772,416,000 in the same period of 2024, reflecting a growth of 17.2%[10] - Total operating revenues for the nine months ended September 30, 2025, reached $2.078 billion, up 17.2% from $1.772 billion in the same period of 2024[24] - Consolidated operating revenues for Q3 2025 were $776.5 million, an increase of $126.9 million, or 20%, compared to the prior year quarter[51] - The title segment generated revenues of $678.9 million in Q3 2025, a 19% increase from $571.6 million in Q3 2024, driven by a $106.6 million increase in operating revenues[47][52] - The real estate solutions segment's revenues increased by 21% to $116.6 million in Q3 2025, compared to $96.4 million in Q3 2024[55][56] - Total revenues from U.S. operations were $747.4 million in Q3 2025, up from $629.0 million in Q3 2024, reflecting a 19% increase[49] Net Income and Earnings - Net income attributable to Stewart increased to $44,259,000 in Q3 2025, compared to $30,096,000 in Q3 2024, a rise of 47.1%[10] - Basic earnings per share attributable to Stewart improved to $1.58 in Q3 2025 from $1.09 in Q3 2024, an increase of 45%[10] - Net income attributable to Stewart for the nine months ended September 30, 2025, was $79.258 million, compared to $50.569 million for the same period in 2024, representing a 56.8% increase[14] - The company reported net income of $44.3 million ($1.55 per diluted share) for Q3 2025, up from $30.1 million ($1.07 per diluted share) in Q3 2024, representing a 47% increase in net income[51] Cash Flow and Investments - Cash provided by operating activities for the nine months ended September 30, 2025, was $116,146,000, compared to $67,656,000 in the same period of 2024, indicating a growth of 71.7%[13] - Cash and cash equivalents at the end of Q3 2025 were $188,518,000, a decrease from $216,298,000 at the beginning of the period[13] - Cash claim payments increased by $1.5 million (8%) in Q3 2025 compared to the prior year quarter, while decreasing by $13.0 million (19%) in the first nine months of 2025[87] - Cash flows from operations and cash available from underwriters are expected to be sufficient to fund operations, including claims payments, despite potential needs for additional debt or equity funding[105] Equity and Stockholder Information - Total stockholders' equity attributable to Stewart increased to $1,473,418,000 as of September 30, 2025, from $1,402,142,000 at the end of 2024, a rise of 5.1%[12] - The balance of total equity as of September 30, 2025, was $1.482 billion, an increase from $1.414 billion as of September 30, 2024[16] - The company declared dividends on common stock of $1.53 per share for the nine months ended September 30, 2025, compared to $1.45 per share in 2024[14] - Total dividends paid increased to $42.6 million ($1.53 per common share) in the first nine months of 2025, compared to $40.0 million ($1.45 per common share) in the same period of 2024[104] Expenses and Losses - The company experienced an increase in estimated title losses to $520,445,000 as of September 30, 2025, compared to $511,534,000 at the end of 2024[12] - Title loss expense decreased by $1.7 million (8%) in Q3 2025, with the loss expense as a percentage of title operating revenues improving to 3.0% from 3.8% in Q3 2024[53] - Consolidated other operating expenses increased by $29.5 million (19%) in Q3 2025 and $74.7 million (17%) in the first nine months of 2025 compared to the same periods in 2024[82] - Provisions for title losses improved to 3.0% of title operating revenues in Q3 2025, down from 3.8% in Q3 2024, with total title loss expense decreasing by $1.7 million (8%) in Q3 2025[84] Employee and Operational Metrics - Employee costs in the title segment increased by $27.0 million (10%) in Q3 2025, attributed to higher salaries and increased employee count[52] - Consolidated employee costs rose by $17.4 million (9%) in Q3 2025 and $59.3 million (11%) in the first nine months of 2025 compared to the same periods in 2024, primarily due to higher salaries and benefits[78] - The average employee count increased by 9% in Q3 2025 compared to Q3 2024, with approximately 7,400 employees[79] - Total employee costs as a percentage of total operating revenues improved to 27.2% in Q3 2025 from 29.8% in Q3 2024, reflecting higher operating revenues[79] Debt and Financing - The company entered into a new senior unsecured credit agreement providing a $300 million revolving credit facility maturing in October 2030[23] - Total debt and stockholders' equity were $446.1 million and $1.48 billion, respectively, as of September 30, 2025, with improved debt-to-equity and debt-to-capitalization ratios of approximately 30% and 23% compared to 32% and 24% at December 31, 2024[103] Market and Economic Conditions - Total U.S. single-family mortgage originations in Q3 2025 were $518 billion, a 14% increase compared to Q3 2024, with refinancing transactions growing by 46%[65] - Existing home sales in September 2025 were approximately 4.06 million units, a 4% increase from September 2024, attributed to falling mortgage rates[64] - The average 30-year fixed mortgage interest rate was 6.6% in Q3 2025, slightly improved from 6.8% in Q2 2025[65] - The unsold home inventory in the U.S. was 1.55 million units as of September 2025, a 14% increase compared to the previous year[64]

Core Insights - Outlook Wealth Advisors sold 49,831 shares of Stewart Information Services Corporation for approximately $3.4 million in the third quarter, reducing its holdings to 49,836 shares valued at $3.7 million as of September 30 [2][6]. Company Overview - Stewart Information Services Corporation reported a revenue of $2.7 billion and a net income of $87.8 million for the trailing twelve months (TTM) [4]. - The company has a dividend yield of 3.1% and its share price was $68.27 as of the market close on Friday [4]. Recent Performance - Stewart's third-quarter report indicated a 19% year-over-year revenue growth to $797 million and a 47% increase in net income to $44.3 million, with earnings per share (EPS) rising to $1.55 from $1.07 [7]. - The company benefits from improving commercial transaction volumes and disciplined cost control, achieving an adjusted pretax margin of 8.1% [7]. Market Position - Stewart Information Services Corporation is a leading provider of title insurance and real estate transaction services, operating through a network of direct offices and independent agencies [5]. - The company's diversified offerings support both residential and commercial real estate transactions, positioning it as a key partner in the real estate and mortgage value chain [5]. Investment Perspective - The sale of shares by Outlook Wealth Advisors may indicate portfolio rebalancing rather than a negative outlook, especially following Stewart's strong earnings performance [6]. - The company's stable cash flow, growing margins, and modest valuation suggest potential for further upside if the housing market recovers [8].

Financial Data and Key Metrics Changes - The company reported a 19% revenue growth and a 40% earnings growth in the third quarter compared to the same period last year [3][6] - Net income for the third quarter was $44 million, or $1.55 per diluted share, with adjusted net income improving 41% to $47 million, or $1.64 per diluted share [14][15] - Adjusted pre-tax margin improved to 9% compared to 7.7% last year [15][16] - Total cash and investments were approximately $390 million in excess of statutory premium reserve requirements [17] Business Line Data and Key Metrics Changes - Direct operations unit grew 8% in the third quarter relative to the same period last year [6][7] - Domestic commercial revenues improved by 17% in the quarter, with a total growth of 33% year-to-date [8] - Agency services business saw revenues up 28% year-over-year in the third quarter [9] - Real estate solutions segment generated revenue 21% higher than the third quarter of 2024, primarily driven by credit information services [10] Market Data and Key Metrics Changes - Existing home sales are expected to increase by 1% to 2% compared to the third quarter of 2024 [5] - The median sales price of existing homes sold is still increasing year-over-year, but at a lesser rate than in previous periods [5][6] - The company anticipates a gradual improvement in the housing market over the next year, with a target of 5 million existing homes sold in 2026 [6] Company Strategy and Development Direction - The company is focused on targeted acquisitions to drive future growth, particularly in small commercial transactions [7][8] - There is an emphasis on expanding geographic presence and deepening capabilities in various asset classes [8][11] - The company announced an increase in its annual dividend from $2 per share to $2.10 per share, marking the fifth consecutive year of dividend increases [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the market's ability to improve over the next 12 months, citing a more favorable housing market for buyers [4][6] - The company is well-positioned to take advantage of market improvements, with expectations of continued revenue and earnings growth [42][43] - Management noted that while the market remains challenging, the company has demonstrated momentum in growing share and improving earnings [42][43] Other Important Information - The company was recognized as a top workplace by USA Today and ranked as the best employer for women in 2025 by Forbes [12][13] - The title loss ratio for the third quarter was 3%, down from 3.8% last year, with expectations to average between 3.5% to 4% in the coming period [16] Q&A Session Summary Question: Strength in agent premiums and market share - Management noted a 16.5% growth in targeted states, indicating share shift from larger players and improved service capabilities [21][22] Question: Pipeline for commercial business - Management expressed confidence in the commercial pipeline, with significant growth across various asset classes, although office space has not contributed significantly [23][24] Question: Investment income line performance - Management indicated variability in investment income due to short-term rate cuts but did not foresee significant impacts [25][26] Question: Expectations for low teens margin in real estate solutions - Management explained that achieving low teens margins is tied to market recovery and volume growth, with expectations for improvement as the market stabilizes [33][34]

Financial Data and Key Metrics Changes - The company reported a 19% revenue growth and a 40% earnings growth in the third quarter compared to the previous year, despite challenges in the housing market [3][6][14] - Net income for the third quarter was $44 million, or $1.55 per diluted share, based on revenues of $797 million, with adjusted net income improving 41% to $47 million, or $1.64 per diluted share [14][15] - Adjusted pre-tax margin improved to 9% compared to 7.7% last year [15] Business Line Data and Key Metrics Changes - Direct operations unit grew 8% in the third quarter relative to the same period last year, with commercial transactions growing 18% [6][7] - Agency services business saw revenues up 28% year over year, driven by improved volumes in key states [9][16] - Real estate solutions segment revenues improved by 21%, primarily due to credit information and valuation services [10][16] Market Data and Key Metrics Changes - Existing home sales are expected to increase by 1%-2% compared to the third quarter of 2024, with current sales hovering around 4 million annual units [5][6] - The median sales price of existing homes continues to rise year over year, although at a slower rate than in previous months [5][6] - The commercial real estate market is recovering, with the company benefiting from increased penetration across various asset classes [6][8] Company Strategy and Development Direction - The company aims to grow through targeted acquisitions and expanding its geographic presence, particularly in Canada and key U.S. states [11][12] - Focus on enhancing service capabilities and technology to improve market share, especially in commercial transactions [21][22] - Continued investment in talent and capabilities to leverage underwriting strengths and expand into new markets [8][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the housing market's gradual improvement over the next year, anticipating a return to a more normal sales environment [6][42] - The company is well-positioned to capitalize on market improvements, with expectations of continued revenue and earnings growth [42][43] - Management noted that while the market remains challenging, the company has demonstrated momentum in growth and share acquisition [42][43] Other Important Information - The company announced an increase in its annual dividend from $2 per share to $2.10 per share, marking the fifth consecutive year of dividend increases [11] - Total cash and investments were approximately $390 million in excess of statutory premium reserve requirements [17] Q&A Session Summary Question: Strength in agent premiums and market share - Management noted a 16.5% growth in targeted states, indicating share shift from larger players and improved service capabilities [21][22] Question: Pipeline for commercial business - The pipeline looks strong with a 35% increase in orders, although office contributions remain limited [23][24] Question: Investment income line performance - Management indicated variability due to short-term rate cuts but noted that balances have offset some impacts [25][26] Question: Expectations for margins in real estate solutions - Management expects low teens margins as relationships mature, with potential for mid-teens margins as market conditions improve [33][34] Question: Sensitivity to net interest income from Fed rate cuts - Management discussed the impact of rate cuts on interest income, emphasizing the need to monitor balances and volume growth [38][39]

Financial Data and Key Metrics Changes - The company reported a 19% revenue growth and a 40% earnings growth in Q3 2025 compared to the same period last year, with total revenues reaching $797 million and net income of $44 million or $1.55 per diluted share [3][16] - Adjusted net income improved 41% to $47 million or $1.64 per diluted share compared to $33 million or $1.17 per diluted share in Q3 2024 [16] - Adjusted pre-tax margin improved to 9% compared to 7.7% last year [16] Business Line Data and Key Metrics Changes - The title segment saw operating revenues grow by $107 million or 19%, with adjusted title pre-tax income increasing by $17 million or 40% [16][17] - Domestic commercial revenues improved by $12 million or 17%, while domestic residential average fee per file increased by 6% to $3,200 [17] - Agency services business revenues increased by 28% year over year, driven by improved volumes in key states [10][18] - Real estate solutions segment revenues improved by 21%, primarily due to credit information and valuation services operations [11][18] Market Data and Key Metrics Changes - Existing home sales are expected to increase by 1% to 2% relative to Q3 2024, with current sales hovering around 4 million annual units [5][6] - The company anticipates a gradual improvement in the housing market over the next year, with a target of 5 million existing homes sold in 2026 [6] Company Strategy and Development Direction - The company is focused on targeted acquisitions and expanding its market share in small commercial transactions, with a warm pipeline of acquisition targets [8][12] - There is a commitment to geographic, customer, and channel expansion to strengthen the company's long-term success [12] - The company announced an increase in its annual dividend from $2 per share to $2.10 per share, marking the fifth consecutive year of dividend increases [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the market's ability to improve over the next 12 months, citing a blend of positive and negative economic headlines related to housing [3][4] - The company believes it is well-positioned to take advantage of market improvements, with expectations of continued revenue and earnings growth [36][37] Other Important Information - The company was recognized as a top workplace by USA Today and ranked as the best employer for women in 2025 by Forbes [13][14] - Total Stewart stockholders' equity at September 30, 2025, was approximately $1.5 billion, with a book value of $52.58 per share [19] Q&A Session Summary Question: Strength in agent premiums and market share - Management noted a 16.5% growth in targeted states, indicating share shift and improved service capabilities [22][23] Question: Pipeline outlook for commercial business - The pipeline is strong, with commercial orders up 35%, and larger accounts up 39%, although office contributions remain limited [25][26] Question: Investment income line performance - Management indicated variability in investment income due to short-term rate cuts but has not seen significant impacts yet [26][27] Question: Expectations for low teens margin in real estate solutions - A critical revenue level is tied to market conditions, with expectations of mid-teens margins as the market normalizes [29][30]

Financial Data and Key Metrics Changes - The company reported a 19% revenue growth and a 40% earnings growth in Q3 2025 compared to the same period last year [4][19] - Net income for Q3 was $44 million or $1.55 per diluted share, with adjusted net income improving 41% to $47 million or $1.64 per diluted share [19][20] - Total revenues reached $797 million, with adjusted pretax income for the title segment increasing 40% year-over-year [20][21] Business Line Data and Key Metrics Changes - Direct operations unit grew 8% year-over-year, with commercial transactions growing 18% [8][9] - National Commercial Services business saw domestic commercial revenues grow by 17% in the quarter and 33% year-to-date [10] - Agency Services business revenues increased by 28% year-over-year, driven by growth in key states [11][12] - Real Estate Solutions segment revenues improved by 21% year-over-year, led by Credit Information services [13][14] Market Data and Key Metrics Changes - Existing home sales are expected to increase by 1% to 2% compared to 2024, with a projected return to a more normal sales environment of 5 million homes sold in 2026 [6][7] - The median sales price of existing homes continues to rise year-over-year, although at a slower rate [6] - The company experienced a slight decrease in title loss ratio to 3% compared to 3.8% last year [22] Company Strategy and Development Direction - The company aims to grow through targeted acquisitions and expanding its geographic presence [9][14] - Focus on improving service and technology to gain market share in targeted states [28][30] - Continued investment in talent and capabilities to enhance performance across various asset classes [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the housing market's gradual improvement over the next year [5][7] - The company is well-positioned to leverage improvements in the market and expects to continue growing revenue and earnings [49][51] - Management noted that while the market remains challenging, they have momentum and are capable of growing share [51] Other Important Information - The company announced an increase in its annual dividend from $2 to $2.1 per share, marking the fifth consecutive year of dividend increases [15] - Total cash and investments were approximately $390 million in excess of statutory premium reserve requirements [24] Q&A Session Summary Question: Strength in agent premiums and market share - Management noted a 16.5% growth in agent premiums, particularly in targeted states, with improvements in service and technology contributing to this growth [28][30] Question: Pipeline outlook for commercial business - Management expressed confidence in the commercial pipeline, with significant growth in various asset classes, although office space has not seen substantial growth [32][33] Question: Investment income line performance - Management indicated variability in investment income due to short-term rate cuts, but balances have been able to offset some impacts [36][44] Question: Expectations for low teens margin in Real Estate Solutions - Management clarified that margins are expected to improve as market conditions normalize, with a direct correlation to market volume [39][40]

Financial Performance - Net income attributable to Stewart for Q3 2025 was $44.3 million ($1.55 per diluted share), up from $30.1 million ($1.07 per diluted share) in Q3 2024, representing a 47% increase in net income [2]. - Total revenues for Q3 2025 reached $796.9 million, compared to $667.9 million in Q3 2024, marking a 19% year-over-year growth [4]. - Adjusted net income for Q3 2025 was $46.7 million ($1.64 per diluted share), an increase from $33.1 million ($1.17 per diluted share) in the prior year quarter, reflecting a 41% rise [5]. - Total operating revenues for the nine months ended September 30, 2025, increased to $2,077,954, up 17.2% from $1,772,416 in the same period of 2024 [22]. - Net income attributable to Stewart for the nine months ended September 30, 2025, was $79,258, representing a 56.7% increase from $50,569 in 2024 [22]. - The diluted earnings per share attributable to Stewart rose to $2.79 for the nine months ended September 30, 2025, compared to $1.80 in 2024, marking a 55.0% increase [22]. - Adjusted total revenues for the nine months ended September 30, 2025, were $2,121.7 million, up 17% from $1,813.2 million in the same period of 2024 [28]. - Adjusted net income attributable to Stewart for the nine months ended September 30, 2025, was $91.6 million, up 46% from $62.8 million in 2024 [28]. Revenue Segments - The title segment's operating revenues increased by $106.6 million (19%) in Q3 2025, driven by a 28% increase in agency title operations [7]. - The real estate solutions segment reported total revenues of $116.6 million in Q3 2025, a 21% increase from $96.4 million in Q3 2024 [11]. - Title Segment revenues for Q3 2025 were $678.9 million, a 19% increase from $571.6 million in Q3 2024 [29]. - Real Estate Solutions Segment revenues for Q3 2025 increased by 21% to $116.6 million from $96.4 million in Q3 2024 [29]. Operational Metrics - Net cash provided by operations improved by $16.5 million to $92.6 million in Q3 2025, compared to $76.1 million in Q3 2024 [17]. - Cash provided by operations for the nine months ended September 30, 2025, was $116,146, significantly higher than $67,656 in the same period of 2024 [22]. - Total opened orders in Q3 2025 reached 87,403, a 0.5% increase from 87,464 in Q3 2024 [23]. - Total closed orders in Q3 2025 were 59,312, compared to 59,375 in Q3 2024, indicating a slight decrease of 0.1% [23]. Cost and Expense Management - Title loss expense decreased by $1.7 million (8%) in Q3 2025, with the loss expense as a percentage of title operating revenues improving to 3.0% from 3.8% in Q3 2024 [8]. - Consolidated employee costs rose by $17.4 million (9%) in Q3 2025, but as a percentage of total operating revenues, they improved to 27.2% from 29.8% in the prior year quarter [14]. Investment and Assets - Investment income improved by 9% in Q3 2025, primarily due to higher earned interest income from eligible escrow balances [9]. - The company reported an increase in investment income to $43,733 for the nine months ended September 30, 2025, compared to $40,833 in 2024, representing a growth of 7.3% [22]. - Total assets as of September 30, 2025, were $2,845,551, up from $2,730,145 at the end of 2024, reflecting a growth of 4.2% [24]. - Stockholders' equity attributable to Stewart increased to $1,473,418 as of September 30, 2025, compared to $1,402,142 at the end of 2024, a rise of 5.1% [24]. - The allowance for uncollectible amounts increased to $9,183 as of September 30, 2025, from $7,725 at the end of 2024, indicating a rise of 18.9% [24]. Profitability Metrics - Pretax income for Q3 2025 was $61.2 million, reflecting a 43% increase compared to $42.8 million in Q3 2024 [28]. - Adjusted pretax income for the nine months ended September 30, 2025, increased by 37% to $130.6 million from $95.5 million in 2024 [28]. - GAAP pretax margin improved to 7.7% in Q3 2025 from 6.4% in Q3 2024 [28]. - Adjusted pretax margin for the Title Segment reached 9.0% in Q3 2025, up from 7.7% in Q3 2024 [29]. Future Outlook - The company plans to achieve market growth and pretax margin improvements, although these are subject to various risks and uncertainties [20].

Core Insights - Stewart Information Services Corporation reported a net income of $44.3 million ($1.55 per diluted share) for Q3 2025, a significant increase from $30.1 million ($1.07 per diluted share) in Q3 2024, reflecting a 47% year-over-year growth in net income [1][3][28] - Total revenues for Q3 2025 reached $796.9 million, up 19% from $667.9 million in Q3 2024, driven by strong performance in the title segment [3][28] - The company demonstrated operational momentum despite a subdued housing market, with a focus on growth across all business lines [3][6] Financial Performance - Adjusted net income for Q3 2025 was $46.7 million ($1.64 per diluted share), compared to $33.1 million ($1.17 per diluted share) in Q3 2024, marking a 41% increase [1][3][28] - Pretax income before noncontrolling interests for Q3 2025 was $61.2 million, up from $42.8 million in Q3 2024, representing a 43% increase [1][3][28] - The adjusted pretax margin improved to 8.1% in Q3 2025 from 7.1% in Q3 2024, indicating enhanced operational efficiency [3][28] Title Segment Performance - The title segment generated total revenues of $796.9 million in Q3 2025, compared to $667.9 million in Q3 2024, reflecting a 19% increase [4][28] - Direct title revenues increased by 11% to $299.7 million, while agency title revenues rose by 28% to $360.2 million [9][10] - Title loss expense decreased by 8% to $19.5 million, improving as a percentage of title operating revenues to 3.0% from 3.8% year-over-year [7][6] Real Estate Solutions Segment - The real estate solutions segment reported revenues of $116.6 million in Q3 2025, a 21% increase from $96.4 million in Q3 2024 [11][30] - Adjusted pretax income for this segment was $13.2 million, up 2% from $12.9 million in the prior year [11][30] - The segment's operating expenses increased by 24% due to higher service costs and employee expenses, reflecting the growth in revenues [12][30] Investment Income and Gains - Investment income improved by 9% to $14.8 million in Q3 2025, primarily due to higher earned interest from escrow balances [8][28] - The company recorded $5.6 million in pretax net realized and unrealized gains in Q3 2025, compared to $4.7 million in Q3 2024 [2][28] Operational Efficiency - Consolidated employee costs increased by 9% to $211.2 million, but as a percentage of total operating revenues, they improved to 27.2% from 29.8% in the prior year [14][15] - Other operating expenses rose by 19% to $185.2 million, remaining stable as a percentage of total revenues [15][28] Cash Flow and Balance Sheet - Net cash provided by operations improved by $16.5 million to $92.6 million in Q3 2025, driven by higher net income [16][28] - Total assets as of September 30, 2025, were $2.85 billion, up from $2.73 billion at the end of 2024, indicating a strong balance sheet [22][28]

Core Points - Stewart Information Services Corporation will hold a conference call to discuss its third quarter 2025 earnings on October 23, 2025 [1] - The earnings release will occur after the market closes on October 22, 2025 [1] - Participants can access the conference call via a dedicated phone line or through the company's Investor Relations website [1] Company Overview - Stewart is a global real estate services company providing a range of products and services including title insurance and closing services [2] - The company aims to be the premier title services provider by partnering with customers for mutual success [2]