Old Republic International (ORI) Stock Price, News & Analysis

Company Overview

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety. This segment provides its insurance products to businesses, state and local government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. Old Republic International Corporation was founded in 1923 and is based in Chicago, Illinois.

Key Stats

• Today's Range: $35.38 to $36.29
• 50-Day Range: $34.41 to $38.99
• 52-Week Range: $27.19 to $39.27
• Volume: 4.37 million shs
• Average Volume: 1.41 million shs
• Market Capitalization: $9.15 billion
• P/E Ratio: 12.44
• Dividend Yield: 2.94%
• Price Target: $37.00
• Consensus Rating: Buy

Old Republic International Stock Analysis - MarketRank™

Old Republic International scored higher than 85% of companies evaluated by MarketBeat, and ranked 230th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Old Republic International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Old Republic International has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.82%

Earnings Growth

Earnings for Old Republic International are expected to grow by 12.82% in the coming year, from $2.73 to $3.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Old Republic International is 12.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Old Republic International is 12.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.96.

Price to Book Value per Share Ratio

Old Republic International has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.27% of the float of Old Republic International has been sold short.

Short Interest Ratio / Days to Cover

Old Republic International has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Old Republic International has recently increased by 16.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Old Republic International pays a meaningful dividend of 2.91%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Old Republic International has been increasing its dividend for 44 years.

Dividend Coverage

The dividend payout ratio of Old Republic International is 36.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Old Republic International will have a dividend payout ratio of 34.42% next year. This indicates that Old Republic International will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -1.16

Percentage of Shares Shorted

1.27% of the float of Old Republic International has been sold short.

Short Interest Ratio / Days to Cover

Old Republic International has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Old Republic International has recently increased by 16.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.36

News Sentiment

Old Republic International has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Old Republic International this week, compared to 5 articles on an average week.

Search Interest

Only 13 people have searched for ORI on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.

MarketBeat Follows

5 people have added Old Republic International to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Old Republic International insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Old Republic International is held by insiders.

Percentage Held by Institutions

70.92% of the stock of Old Republic International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ORI Stock Analysis - Frequently Asked Questions

How have ORI shares performed this year?

Old Republic International's stock was trading at $29.40 at the beginning of the year. Since then, ORI stock has increased by 22.8% and is now trading at $36.09.
View the best growth stocks for 2024 here.

How were Old Republic International's earnings last quarter?

Old Republic International Co. (NYSE:ORI) released its earnings results on Thursday, July, 25th. The insurance provider reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.15. The insurance provider earned $1.87 billion during the quarter, compared to analysts' expectations of $1.92 billion. Old Republic International had a net margin of 11.48% and a trailing twelve-month return on equity of 19.11%.

Who are Old Republic International's major shareholders?

Old Republic International's top institutional investors include State Street Corp (4.62%), Victory Capital Management Inc. (4.25%), FMR LLC (2.52%) and Hamlin Capital Management LLC (1.89%). Insiders that own company stock include Stephen J Oberst, Thomas Dare, Carolyn Monroe, Steven R Walker, Lisa J Caldwell, Michael Denard Kennedy, Barbara Adachi and Therace Risch.
View institutional ownership trends.

How do I buy shares of Old Republic International?

Shares of ORI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Old Republic International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Old Republic International investors own include NVIDIA (NVDA), Chevron (CVX), Bristol-Myers Squibb (BMY), Verizon Communications (VZ), AbbVie (ABBV), Comcast (CMCSA) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 7/25/2024
• Ex-Dividend for 12/16 Dividend: 12/06/2024
• Dividend Payable: 12/16/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024
• Ex-Dividend for 1/15 Dividend: 1/03/2025
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Surety insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NYSE:ORI
• CUSIP: 68022310
• CIK: 74260
• Web: www.oldrepublic.com
• Phone: (312) 346-8100
• Fax: 312-726-0309
• Employees: 9,200
• Year Founded: 1923

Price Target and Rating

• Average Stock Price Target: $37.00
• High Stock Price Target: $37.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +2.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.90
• Trailing P/E Ratio: 12.44
• Forward P/E Ratio: 13.22
• P/E Growth: N/A
• Net Income: $598.70 million
• Net Margins: 11.48%
• Pretax Margin: 14.40%
• Return on Equity: 19.11%
• Return on Assets: 4.39%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 0.28
• Quick Ratio: 0.28

Sales & Book Value

• Annual Sales: $8.17 billion
• Price / Sales: 1.12
• Cash Flow: $2.62 per share
• Price / Cash Flow: 13.76
• Book Value: $22.86 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 253,557,000
• Free Float: 251,021,000
• Market Cap: $9.15 billion
• Optionable: Optionable
• Beta: 0.86