Free Trial

Old Republic International (NYSE:ORI) Reaches New 12-Month High - Still a Buy?

Old Republic International logo with Finance background

Old Republic International Co. (NYSE:ORI - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as $37.79 and last traded at $37.64, with a volume of 66972 shares trading hands. The stock had previously closed at $37.51.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised their price objective on Old Republic International from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st.

Get Our Latest Stock Report on Old Republic International

Old Republic International Trading Up 0.4 %

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.28 and a current ratio of 0.28. The company has a 50-day simple moving average of $35.60 and a 200 day simple moving average of $33.45. The company has a market capitalization of $9.55 billion, a P/E ratio of 12.93 and a beta of 0.84.

Institutional Investors Weigh In On Old Republic International

A number of institutional investors and hedge funds have recently made changes to their positions in ORI. Allworth Financial LP raised its position in shares of Old Republic International by 161.9% during the third quarter. Allworth Financial LP now owns 728 shares of the insurance provider's stock worth $26,000 after acquiring an additional 450 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Old Republic International by 555.6% during the second quarter. Versant Capital Management Inc now owns 885 shares of the insurance provider's stock worth $27,000 after acquiring an additional 750 shares during the last quarter. Mather Group LLC. raised its position in shares of Old Republic International by 201.0% during the second quarter. Mather Group LLC. now owns 894 shares of the insurance provider's stock worth $27,000 after acquiring an additional 597 shares during the last quarter. Innealta Capital LLC bought a new stake in shares of Old Republic International during the second quarter worth $30,000. Finally, V Square Quantitative Management LLC bought a new stake in shares of Old Republic International during the third quarter worth $31,000. Institutional investors own 70.92% of the company's stock.

About Old Republic International

(Get Free Report)

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.

Recommended Stories

Should you invest $1,000 in Old Republic International right now?

Before you consider Old Republic International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Old Republic International wasn't on the list.

While Old Republic International currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines