Investors Title Company
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
Business model, numbers and balance sheet hold up to our review. Whether the current price supports an entry is a separate question — it hangs on the price, not on the company.
Why this colour
The business model has held up for five decades, the numbers have grown reliably over multiple years, the balance sheet carries no debt, and the filings show no going-concern language, no governance or accounting red flags, and no material pending litigation. The only significant open question isn't about the company's substance — it's about how to read a single quarterly headline. That's an interpretation risk, not a solvency risk. Anyone investing should track, in every future report: does adjusted, investment-gains-excluded income keep growing double digits? Does the ownership structure shift? And does the U.S. real estate cycle turn, adding a tailwind that isn't there yet? The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
Investors Title Company is a solid, debt-free title insurer with three straight years of rising revenue and profit — but the 19.3 percent earnings headline from the second quarter of 2026 only partly holds up under closer inspection: a good third of it comes from market-dependent, mostly unrealized investment gains that the company itself discloses in Appendix A of its earnings release. Adjusted operating pre-tax income grew 7.0 percent for the quarter, 15.4 percent over six months. Add a highly concentrated ownership structure (the founding family plus Markel Corporation together holding roughly a third of the shares) with correspondingly thin free float. Not investment advice.
Operating substance
Revenue and net income rose every year from 2023 to 2025 (revenue $224.8 million → $272.8 million, net income $21.7 million → $35.2 million), and the first half of 2026 continues the trend — including on an investment-gains-adjusted basis (+15.4% adjusted pre-tax income). An established core business dating back to the 1970s.
Q2 2026 earnings quality
The reported earnings jump (+19.3% per share) includes a meaningful, company-disclosed non-operating component: $4.8 million in net investment gains, mostly unrealized. Adjusted pre-tax income grew only 7.0% for the quarter. Not a red flag, but a headline that needs a closer read.
Balance-sheet quality
No reported borrowings, $286.6 million in stockholders' equity against $380.1 million in total assets, return on equity around 14.6%. The claims reserve ($39.1 million) is mostly actuarially estimated (IBNR), which is normal for a long-established title insurer with a stable claims history.
Ownership & liquidity
Only 1,887,996 shares outstanding, roughly a quarter held by the founding Fine family, another 11.3% by Markel Corporation. Fully disclosed and free of governance red flags, but a small free float with correspondingly thin trading liquidity — a structural, not a quality, finding.
Market environment
The business remains structurally tied to the U.S. real estate and mortgage market. The company itself describes conditions as "sluggish" and attributes recent growth mostly to its own expansion initiatives, not a broad market upswing — an as-yet-unused lever should the rate cycle turn.
Worth Noting
This analysis was prompted by the quarterly report as of June 30, 2026 (10-Q, filed 08.10.2026; earnings release 8-K dated 08.06.2026) — the most recent report available at publication. All subsequent filings were reviewed for anything picture-changing (none found).
Data source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q). Market capitalization was cross-checked against shares outstanding times price and matched almost exactly.
Not to be confused: "Investors Title Company" (ITIC) is a standalone U.S. title insurer based in North Carolina — not to be confused with other companies carrying "Title" or "Investors" in their name.
Stock Watch
This analysis is as of August 26, 2026. Stock Watch will tell you what's changed at ITIC since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 210.10 $ to 306.00 $ · Last price: 296.00 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Insurance - Specialty
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Investors Title Company ITIC | 0.6 | 15.3 | 0.0 | 56.2 | – | 5.6 | 22.7 |
| Fidelity National Financial Inc FNF | 11.4 | 15.6 | 0.0 | 54.1 | 19.3 | 8.6 | -20.6 |
| Ryan Specialty Group Holdings Inc RYAN | 10.5 | 49.0 | 0.0 | 41.5 | 17.4 | 21.3 | -24.1 |
| AXIS Capital Holdings Ltd AXS | 7.2 | 7.9 | 0.0 | 30.7 | 19.0 | 9.1 | 7.2 |
| First American Corporation FAF | 7.2 | 11.2 | 0.0 | 64.0 | 11.1 | 21.6 | 11.3 |
| Enact Holdings Inc ACT | 6.8 | – | 0.0 | 73.2 | 72.3 | 2.4 | 31.2 |
| MGIC Investment Corp MTG | 6.2 | 9.7 | 0.0 | 92.6 | 72.6 | 0.5 | 8.4 |
| Essent Group Ltd ESNT | 6.1 | 10.0 | 0.0 | 76.0 | 63.7 | -0.5 | 8.6 |
| Radian Group Inc RDN | 4.6 | 8.3 | 0.0 | 69.3 | 46.6 | -3.4 | 3.2 |
| Median of companies shown | 6.8 | 10.6 | 0.0 | 64.0 | 32.9 | 5.6 | 8.4 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 138 | 28 | 20 | 10.19 | 23 | 155 | 229 |
| 2017 | 162 | 30 | 26 | 13.56 | 20 | 178 | 249 |
| 2018 | 156 | 27 | 22 | 11.52 | 24 | 176 | 244 |
| 2019 | 184 | 40 | 31 | 16.59 | 21 | 191 | 264 |
| 2020 | 236 | 50 | 39 | 20.79 | 34 | 200 | 283 |
| 2021 | 330 | 85 | 67 | 35.27 | 52 | 229 | 331 |
| 2022 | 283 | 30 | 24 | 12.59 | 36 | 241 | 340 |
| 2023 | 225 | 26 | 22 | 11.46 | 7 | 252 | 331 |
| 2024 | 258 | 39 | 31 | 16.42 | 30 | 252 | 334 |
| 2025 | 273 | 45 | 35 | 18.56 | 31 | 268 | 363 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
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· Total · per year
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The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 4.41 | 42.90 | 71 | 31.60 | 11.80 | 12 | 11 |
| 2025: Q1 | 1.67 | -30.10 | 57 | 5.80 | 5.60 | 0 | -1 |
| 2025: Q2 | 6.48 | 37.80 | 74 | 12.60 | 16.70 | 9 | 7 |
| 2025: Q3 | 6.44 | 30.90 | 73 | 6.10 | 16.70 | 17 | 16 |
| 2025: Q4 | 3.97 | -10.10 | 70 | -1.60 | 10.80 | 5 | 4 |
| 2026: Q1 | 3.20 | 91.40 | 64 | 13.20 | 9.50 | 2 | 1 |
| 2026: Q2 | 7.73 | 19.30 | 87 | 17.50 | 16.90 | 8 | 6 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 16 of our scanner strategies — each hit links to the scanner.
Best Hits
Growth
Breakout & Setup
Dividends
Momentum & Trend
Research
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 7.2% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $29.2M |
|---|---|
| Market cap | $562.0M |
| Free cash flow in year ten | $58.4M |
| Terminal value as a share of market value | 54.8% |
For comparison: over the past five years free cash flow shrank by 3.9% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Nur ein generischer Risikofaktor-Absatz zum Branchentrend Automatisierung/KI im Jahresbericht 2025, kein konkretes eigenes KI-Produkt oder belegter interner Einsatz; in vier weiteren geprueften Filings (2 Quartalsberichte, Jahresbericht 2024, Aktionaersversammlung 2026) kein einziger KI-Bezug.
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-K 2026-03-16
Rated on August 11, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years -1.3%
- More than 10% revenue growth is expected for the coming year no data
- Share count grows by less than 3% a year -0.1%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 14.9%
- Gross margin at 40% or higher and without meaningful erosion 98.3%
- Goodwill from acquisitions does not grow faster than revenue 2.6%
- Net debt below twice EBITDA 110 m net cash
- Operating cash flow covers the profits of the last three years -20 m
- Return on capital at 15% or higher, or up versus two years ago 14.2%
- Insiders hold at least 10% or are net buyers 25.0%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
4/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 7.8%
- Exp. sales growth 3Y > 5% –
- EBIT growth 10Y > 5% 5.2%
- Exp. EBIT growth 3Y > 5% –
- Net debt < 4x EBIT -2.5x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 69.1%
- Return on equity > 15% 14.2%
- ROCE > 15% 14.2%
- Expected return > 10% –
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | Coley Tammy | Director | Other | 41 | 238.06 | 9,760 |
| Aug 27, 2026 | Coley Tammy | Director | Other | 145 | 246.75 | 35,779 |
| Aug 27, 2026 | Coley Tammy | Director | Other | 177 | 160.94 | 28,486 |
| Aug 12, 2026 | Hutson Richard M II | Director | Other | 212 | 122.80 | 26,034 |
The company
About the Company
Investors Title Company beschäftigt sich über seine Tochtergesellschaften mit der Ausstellung von Wohn- und Gewerbe-Eigentumstitelversicherungen für Wohn-, institutionelle, gewerbliche und industrielle Immobilien. Das Unternehmen ist in den Segmenten Title Insurance und Exchange Services tätig.
- Employees
- 548
- Headquarters
- Chapel Hill, NC
- Address
- 121 North Columbia Street, 27514 Chapel Hill, United States
- Phone
- 919 968 2200
- Website
- invtitle.com
- IPO Date
- 03/27/1990
- ISIN
- US4618041069
- Stock Split
- 2:1 on 09/16/1987
- Stock Split
- 5:4 on 08/11/1987
Management
| Name | Title | Birth Year |
|---|---|---|
| James Allen Fine | Founder, Chairman & CEO | 1935 |
| James Allen Fine Jr. | President, Treasurer, CFO, Chief Accounting Officer & Director | 1963 |
| William Morris Fine | Executive VP, Secretary & Director | 1967 |
| Andrew Wert | Senior Vice President of Operations | – |
| L. Dawn Martin | Vice President of Corporate Administration & Investor Relations Officer and Assistant Secretary | 1967 |
| John Herath | Senior Vice President of Human Resources | – |
| Brandee Garren | Vice President of Underwriting & Operations Support | – |
| Elizabeth B. Lewter | Senior Vice President of Accounting | – |
| C. Todd Murphy | Senior Vice President of Finance | – |
| Kimberly McRae Wells | Senior Vice President of Southeast Region Marketing & Operations Manager | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 08/06/2026 INVESTORS TITLE CO (ITIC): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.