Are Things Looking Up For Old Republic International Corp. (NYSE: ORI)?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed AM Best Affirms Credit Ratings of Subsidiaries of Old Republic International Corporation; Revises Outlook to Positive for Old Republic Life Insurance Company.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Insurance – Diversified industry segment, falling under the Financial sector. The current market capitalization of Old Republic International Corp. is $8.61B. A total of 1.41 million shares were traded on the day, compared to an average of 1.69M shares.

In the most recent transaction, ADACHI BARBARA bought 1,925 shares of ORI for 28.60 per share on Feb 16 ’24. After the transaction, the Director now owns 7,845 company shares. In a previous transaction on Feb 02 ’24, MONROE CAROLYN sold 6,528 shares at 27.71 per share. ORI shares that SVP – Title Insurance owns now total 0.

Among the insiders who bought shares, ADACHI BARBARA acquired of 3,620 shares on Aug 02 ’23 at a per-share price of $27.64. This resulted in the Director holding 5,920 shares of ORI after the transaction. In another insider transaction, OBERST STEPHEN J sold 26,500 shares at $27.68 per share on Aug 01 ’23. Company shares held by the Executive Vice President now total 68,574.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Old Republic International Corp. pays an annual dividend of $1.00, resulting in a dividend yield of 3.23%, and it has a price to earnings (P/E) ratio of 14.77. ORI’s most recent ex-dividend date was 3/8/2024 when it declared a $0.2650 quarterly dividend that was paid in cash on 3/21/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 12/4/2023. The ORI stock dividend was $0.2450 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ORI has a high of $31.22 and a low of $24.03.

As of this writing, ORI has an earnings estimate of $0.65 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.66 per share and a lower estimate of $0.65. The company reported an EPS of $0.72 in the last quarter, which was 16.10% higher than expectations of $0.62.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $23.03, while its Total Shareholder’s Equity was $6.89B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.50.

Most Popular

Related Posts