After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that OLD REPUBLIC INTERNATIONAL ANNOUNCES FOURTH QUARTER 2023 EARNINGS CALL.
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Stocks Info
Old Republic International Corp. is listed on the NYSE in the Financial sector while operating in the Insurance – Diversified industry. The current market capitalization of Old Republic International Corp. is $8.47B. A total of 1.06 million shares were traded on the day, compared to an average of 1.20M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ORI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 9 BUYs and 7 SELLs from insiders. Insiders purchased 175,423 shares during that period but sold 44,316.
In the most recent transaction, ADACHI BARBARA bought 3,620 shares of ORI for 27.64 per share on Aug 02. After the transaction, the Director now owns 5,920 company shares. In a previous transaction on Aug 01, OBERST STEPHEN J sold 26,500 shares at 27.68 per share. ORI shares that Executive Vice President owns now total 68,574.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Old Republic International Corp. pays an annual dividend of $0.98, resulting in a dividend yield of 3.25%, and it has a price to earnings (P/E) ratio of 9.74. ORI’s most recent ex-dividend date was 12/4/2023 when it declared a $0.2450 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 9/1/2023. The ORI stock dividend was $0.2450 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ORI in the last 3 months, the mean price target is $31.00 with high estimates of $32.00 and low estimates of $30.00. In terms of 52-week highs and lows, ORI has a high of $30.42 and a low of $23.31.
As of this writing, ORI has an earnings estimate of $0.71 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.74 per share and a lower estimate of $0.7. The company reported an EPS of $0.62 in the last quarter, which was 10.70% higher than expectations of $0.56.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ORI’s latest balance sheet shows that the firm has $11.40B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $21.10, while its Total Shareholder’s Equity was $6.89B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORI is Buy with a score of 3.50.
