Investors Title Company

NASDAQ (USD): Investors Title Company (ITIC)

Last Price

242.05

Today's Change

+1.14 (0.47%)

Day's Change

242.00 - 242.05

Trading Volume

1,517

Profile
ITIC

Exchange:  NASDAQ Global Select NASDAQ Global Select

Currency:  USD USD

Sector:  Financial Services - Financial Services Financial Services - Financial Services

Industry: 

CEO:  Mr. James Allen Fine Mr. James Allen Fine

Full Time Employees:  545 545

IPO Date:  1986-12-03 1986-12-03

CIK:  0000720858 0000720858

ISIN:  US4618041069 US4618041069

CUSIP:  461804106 461804106

Beta:  0.77 0.77

Last Dividend:  1.84 1.84

Dcf Diff:  -20.05 -20.05

Dcf:  260.96 260.96

Description

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 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. It also provides services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of 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 serves 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 primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 24 states and the District of Columbia, primarily in the eastern half of the United States. The company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.

Address

121 North Columbia Street,
Chapel Hill, NC 27514, US

919 968 2200

http://www.invtitle.com

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment