ITIC · INVESTORS TITLE CO
Investors Title Company, through its subsidiaries, engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company operates through Title Insurance and Exchange Services segments. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. The company also provides services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of real property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property. In addition, it acts as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies directly and through a network of agents. Investors Title Company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $232.00 |
| SO | 1.9M |
| Options | 0.1M |
| Warrants | 0.0M |
| FD SO | 2.0M |
| MC | $459.8M |
| Cash | $26.7M |
| Total debt | — |
| EV | $433.1M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 1.5x |
| EV / EBITDA | — |
| MC / Net Income | 12.1x |
| EV / FCF | 15.8x |
| MC / FCF | 16.8x |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-04-27. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 64.01 | 69.52 | 73.02 | 73.65 |
| Revenue YoY % | 13.2% | (1.6%) | 6.1% | 12.6% |
| Pretax Income | 7.71 | 9.61 | 15.09 | 15.80 |
| Tax Provision | 1.65 | 2.09 | 2.88 | 3.52 |
| Net Income | 6.07 | 7.52 | 12.21 | 12.28 |
| Net Margin % | 9.5% | 10.8% | 16.7% | 16.7% |
| Diluted EPS | $3.20 | $3.98 | $6.45 | $6.48 |
| Basic EPS | $3.21 | $3.98 | $6.47 | $6.51 |
| Diluted Avg Shares | 1.9 | -0.0 | 1.9 | 1.9 |
| Basic Avg Shares | 1.9 | 0.0 | 1.9 | 1.9 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 280.20 | 272.75 | 258.30 | 224.75 | 283.39 |
| Revenue YoY % | 2.7% | 5.6% | 14.9% | (20.7%) | — |
| Pretax Income | 48.21 | 44.55 | 39.46 | 26.23 | 30.11 |
| Tax Provision | 10.13 | 9.37 | 8.39 | 4.54 | 6.21 |
| Net Income | 38.08 | 35.18 | 31.07 | 21.69 | 23.90 |
| Net Margin % | 13.6% | 12.9% | 12.0% | 9.6% | 8.4% |
| Diluted EPS | $20.11 | $18.57 | $16.43 | $11.45 | $12.59 |
| Basic EPS | $20.17 | $18.64 | $16.48 | $11.45 | $12.60 |
| Diluted Avg Shares | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
| Basic Avg Shares | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 26.70 | 20.84 | 22.76 | 29.68 |
| Net PPE | 29.57 | 29.40 | 28.95 | 28.48 |
| Goodwill | 9.50 | 9.30 | 6.80 | 6.80 |
| Total Assets | 361.54 | 363.14 | 363.32 | 345.82 |
| Total Liabilities | 88.65 | 94.84 | 85.31 | 79.65 |
| Retained Earnings | 272.53 | 267.21 | 276.88 | 265.36 |
| Total Equity | 272.89 | 268.30 | 278.01 | 266.18 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 26.70 | 20.84 | 24.65 | 24.03 | 35.31 |
| Net PPE | 29.57 | 29.40 | 27.93 | 23.89 | 17.79 |
| Goodwill | 9.50 | 9.30 | 9.60 | 9.60 | 9.60 |
| Total Assets | 361.54 | 363.14 | 333.57 | 330.56 | 339.76 |
| Total Liabilities | 88.65 | 94.84 | 81.80 | 79.01 | 98.75 |
| Retained Earnings | 272.53 | 267.21 | 251.42 | 250.91 | 240.81 |
| Total Equity | 272.89 | 268.30 | 251.77 | 251.55 | 241.01 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | 6.07 | 7.52 | 12.21 | 12.28 |
| D&A | 0.87 | 0.87 | 0.87 | 0.93 |
| Stock-Based Comp | 0.12 | 0.14 | 0.17 | 0.12 |
| Operating Cash Flow | 1.62 | 5.00 | 17.16 | 8.86 |
| CapEx | (1.05) | (1.32) | (1.35) | (1.55) |
| Investing Cash Flow | 5.11 | 10.41 | (23.21) | (5.91) |
| Stock Buyback | — | 0.00 | 0.00 | 0.00 |
| Dividends Paid | (0.87) | (17.33) | (0.87) | (0.87) |
| Financing Cash Flow | (0.87) | (17.33) | (0.87) | (0.87) |
| Free Cash Flow | 0.57 | 3.67 | 15.81 | 7.30 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | 38.08 | 35.18 | 31.07 | 21.69 | 23.90 |
| D&A | 3.54 | 3.62 | 3.32 | 2.76 | 2.30 |
| Stock-Based Comp | 0.56 | 0.54 | 0.39 | 0.42 | 0.36 |
| Operating Cash Flow | 32.64 | 30.94 | 29.84 | 7.43 | 36.20 |
| CapEx | (5.28) | (5.56) | (7.42) | (9.19) | (5.68) |
| Investing Cash Flow | (13.61) | (14.82) | 1.75 | (6.70) | (28.75) |
| Stock Buyback | — | 0.00 | (1.10) | (0.96) | (0.13) |
| Dividends Paid | (19.93) | (19.93) | (29.86) | (11.05) | (9.18) |
| Financing Cash Flow | (19.93) | (19.93) | (30.96) | (12.01) | (9.31) |
| Free Cash Flow | 27.36 | 25.38 | 22.42 | (1.76) | 30.52 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | — | — | — | — |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 0.32 | 0.35 | 0.31 | 0.30 |
| EBITDA Margin % | — | — | — | — |
| Working Capital | — | — | — | — |
| Net Debt | — | — | — | — |
| ROE % | 2.2% | 2.8% | 4.4% | 4.6% |
| ROA % | 1.7% | 2.1% | 3.4% | 3.6% |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — |
| Debt / Equity | 0.32 | 0.35 | 0.32 | 0.31 | 0.41 |
| EBITDA Margin % | — | — | — | — | — |
| Working Capital | — | — | — | — | — |
| Net Debt | — | — | — | — | — |
| ROE % | 14.0% | 13.1% | 12.3% | 8.6% | 9.9% |
| ROA % | 10.5% | 9.7% | 9.3% | 6.6% | 7.0% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-13 | Parker, Jr. Elton C. | Director | 2026-05-13 | P | 538 | $231.00 | $124,278 |
| 2026-03-19 | Speed James H. Jr. | Director | 2026-03-18 | A | 210 | $162.81 | $34,190 |
| 2026-03-19 | Speed James H. Jr. | Director | 2026-03-18 | M | 210 | — | $0 |
| 2026-03-19 | Parker, Jr. Elton C. | Director | 2026-03-18 | A | 212 | $162.29 | $34,405 |
| 2026-03-19 | Parker, Jr. Elton C. | Director | 2026-03-18 | M | 212 | — | $0 |
| 2026-02-24 | Scott James E | Director | 2026-02-20 | P | 500 | $220.71 | $110,355 |
| 2025-05-22 | Dempster Joseph B. Jr. | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-05-22 | Hutson Richard M II | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-05-22 | Parker, Jr. Elton C. | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-05-22 | Scott James E | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-05-22 | Speed James H. Jr. | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-05-22 | Hutson Richard M II | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-05-22 | Coley Tammy | Director | 2025-05-21 | A | 750 | — | $0 |
| 2025-03-10 | Speed James H. Jr. | Director | 2025-03-06 | A | 145 | $188.71 | $27,363 |
| 2025-03-10 | Speed James H. Jr. | Director | 2025-03-06 | M | 145 | — | $0 |
| 2025-03-10 | FRANCIS DAVID L | Director | 2025-03-06 | A | 145 | $188.71 | $27,363 |
| 2025-03-10 | FRANCIS DAVID L | Director | 2025-03-06 | M | 145 | — | $0 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | A | 106 | $184.26 | $19,532 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | A | 263 | $166.90 | $43,895 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | A | 341 | $140.10 | $47,774 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | A | 140 | $160.94 | $22,532 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | M | 106 | — | $0 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | M | 263 | — | $0 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | M | 341 | — | $0 |
| 2024-11-08 | Coley Tammy | Director | 2024-11-07 | M | 140 | $160.94 | $22,532 |
| 2024-08-12 | Hutson Richard M II | Director | 2024-08-09 | A | 63 | $188.71 | $11,889 |
| 2024-08-12 | Hutson Richard M II | Director | 2024-08-09 | A | 157 | $162.81 | $25,561 |
| 2024-08-12 | Hutson Richard M II | Director | 2024-08-09 | M | 63 | — | $0 |
| 2024-08-12 | Hutson Richard M II | Director | 2024-08-09 | M | 157 | — | $0 |
| 2024-05-16 | Speed James H. Jr. | Director | 2024-05-15 | A | 750 | — | $0 |
| 2024-05-16 | Scott James E | Director | 2024-05-15 | A | 750 | — | $0 |
| 2024-05-16 | Parker, Jr. Elton C. | Director | 2024-05-15 | A | 750 | — | $0 |
| 2024-05-16 | Hutson Richard M II | Director | 2024-05-15 | A | 750 | — | $0 |
| 2024-05-16 | FRANCIS DAVID L | Director | 2024-05-15 | A | 750 | — | $0 |
| 2024-05-16 | Coley Tammy | Director | 2024-05-15 | A | 750 | — | $0 |