Old Republic International (ORI) Scheduled to Post Earnings on Thursday

Old Republic International (NYSE:ORI) is set to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Old Republic International to post earnings of $0.66 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Old Republic International (NYSE:ORI) last issued its quarterly earnings results on Thursday, January 25th. The insurance provider reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.03). Old Republic International had a return on equity of 12.10% and a net margin of 8.25%. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.95 billion. On average, analysts expect Old Republic International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Old Republic International Trading Up 1.5 %

Shares of Old Republic International stock opened at $30.22 on Tuesday. Old Republic International has a 52-week low of $24.03 and a 52-week high of $31.22. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.25. The company’s 50-day simple moving average is $29.46 and its 200-day simple moving average is $28.83. The firm has a market cap of $8.32 billion, a price-to-earnings ratio of 14.39 and a beta of 0.81.

Old Republic International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Monday, March 11th were paid a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 3.51%. This is a positive change from Old Republic International’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, March 8th. Old Republic International’s payout ratio is 50.48%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Piper Sandler boosted their price target on shares of Old Republic International from $32.00 to $38.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. StockNews.com lowered shares of Old Republic International from a “buy” rating to a “hold” rating in a research report on Friday, January 26th.

Insider Buying and Selling at Old Republic International

In other Old Republic International news, Director Barbara Adachi purchased 1,925 shares of Old Republic International stock in a transaction on Friday, February 16th. The shares were bought at an average price of $28.60 per share, with a total value of $55,055.00. Following the completion of the acquisition, the director now directly owns 7,845 shares of the company’s stock, valued at $224,367. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, SVP Carolyn Monroe sold 6,528 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $27.71, for a total transaction of $180,890.88. Following the transaction, the senior vice president now owns 35,340 shares of the company’s stock, valued at $979,271.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Barbara Adachi acquired 1,925 shares of Old Republic International stock in a transaction that occurred on Friday, February 16th. The shares were purchased at an average cost of $28.60 per share, for a total transaction of $55,055.00. Following the purchase, the director now directly owns 7,845 shares of the company’s stock, valued at approximately $224,367. The disclosure for this purchase can be found here. Insiders own 0.78% of the company’s stock.

Old Republic International Company Profile

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.