Old Republic International (NYSE:ORI) is set to release its earnings data before the market opens on Thursday, April 26th. Analysts expect Old Republic International to post earnings of $0.38 per share for the quarter.
Old Republic International (NYSE:ORI) last announced its quarterly earnings data on Thursday, January 25th. The insurance provider reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.05. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.64 billion. Old Republic International had a return on equity of 6.80% and a net margin of 8.95%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 earnings per share. On average, analysts expect Old Republic International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Old Republic International stock opened at $21.58 on Thursday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $5,882.55, a PE ratio of 19.44 and a beta of 1.25. Old Republic International has a fifty-two week low of $17.92 and a fifty-two week high of $22.34.
In related news, Director Glenn W. Reed bought 5,000 shares of Old Republic International stock in a transaction dated Thursday, February 15th. The stock was acquired at an average cost of $20.43 per share, with a total value of $102,150.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company’s stock.
Several brokerages have recently weighed in on ORI. Zacks Investment Research lowered Old Republic International from a “buy” rating to a “hold” rating in a report on Tuesday, March 27th. ValuEngine raised Old Republic International from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, JMP Securities raised Old Republic International from a “market perform” rating to an “outperform” rating in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Old Republic International presently has a consensus rating of “Buy” and a consensus target price of $24.00.
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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. The company operates through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off Business.
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