Press release from Business Wire
Stewart Selected to Barron's 400 Indexsm
<p> <i>Inclusion in the list underscores continued financial strength</i> </p>
Tuesday, June 04, 2013
Stewart Selected to Barron's 400 Indexsm17:05 EDT Tuesday, June 04, 2013
HOUSTON (Business Wire) -- Stewart Information Services Corp. (NYSE-STC) has been selected to the 2013 Barron's 400 Index. The index, jointly developed by Barron's and stock research firm MarketGrader, measures the performance of the most fundamentally sound and attractively priced stocks.
“Stewart's recognition on the Barron's 400 Index is indicative of our performance and strength,” said Matt Morris, CEO of Stewart. “Given that only 6 percent of North American publicly listed companies are selected, we are honored to be a part of such a distinguished group and look forward to continued growth upon our solid financial foundation.”
The Barron's 400 Index has outperformed the broader U.S. equity market by more than 5 percentage points per year in the last decade, a clear measure of the quality of the companies it selects and their prospects as investments for public shareholders.
All index components are selected on the basis of their fundamental strength as measured by MarketGrader's overall grade, based on 24 fundamental indicators including growth, value profitability and cash flow. To qualify, each company must have a minimum float-adjusted market cap of $250 million and a minimum three-month average daily trading dollar value of $2 million, among other requirements.
Stewart Information Services Corp. (NYSE-STC) is a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States and foreign governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Offering personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, Stewart is the preferred real estate services provider. More information can be found at http://www.stewart.com/news.
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Stewart Information Services Corp.
Ted C. Jones, (713) 625-8014