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26 March 2012
Forbes includes Gracy's parent company, Stewart Information Services, in top 100 of 8,000 NYSE-Listed Firms
Investor’s trust had greatly diminished over the last few years with economically distressful headlines filled with corporate scandals, bailouts and bankruptcies about some of the country’s largest public companies. Forbes turns to GMIRATINGS (GMI) who assigns each company an accounting and governance risk score, or AGR, every three months based on proprietary modeling designed to identify practices that historically have had a high correlation with increasing shareholder risk. Trustworthy companies of the GMI Ratings (GMI) are ones that do not have elevated risks and are models of openness and integrity.
GMI Rating for Stewart Information Services
- Current AGR Score (as of 3/13/12): 97
- Average AGR Score (last four quarters):84
- Market Value ($M): 266
GMI examined more than 8,000 companies traded on U.S. exchanges where Stewart Title is recognized within the Small Cap. category. See a full list of honorees.
Qualifications include: market caps of $250 million or more, “conservative” or “average” ratings over the last four quarters and having no amended filings with the Securities and Exchange Commission, no SEC enforcement actions, and no material restatements. Honorees had to also Rank high in GMI’s Equity Risk Ranking, which indicates a positive forecast for equity returns, and have minimal likelihood of financial distress as measured by GMI’s Bankruptcy Risk model.
Read full story from Forbes.com
Read Stewart Press Release