Headlines about Old Republic International (NYSE:ORI) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Old Republic International earned a news impact score of 0.20 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.375698150319 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s analysis:
- Old Republic International (ORI) Set to Announce Earnings on Thursday (americanbankingnews.com)
- Worth Watching Stocks to Keep Your Eyes on:: Old Republic International Corporation, (NYSE: ORI), EyeGate … (globalexportlines.com)
- Interested In Stock? Read This First: Old Republic International Corporation (ORI) (mostvolatilestocks.com)
- Old Republic Home Protection Launches New Website (businesswire.com)
- Technical Analysis in Focus – Old Republic International Corporation, (NYSE: ORI) (stocksnewstimes.com)
ORI has been the subject of several research analyst reports. ValuEngine upgraded shares of Old Republic International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. JMP Securities upgraded shares of Old Republic International from a “market perform” rating to an “outperform” rating in a research report on Monday, February 12th. Finally, Zacks Investment Research downgraded shares of Old Republic International from a “buy” rating to a “hold” rating in a research report on Tuesday, March 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $24.00.
Shares of NYSE:ORI opened at $21.50 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market capitalization of $6,512.10, a P/E ratio of 19.24 and a beta of 1.25. Old Republic International has a 52 week low of $17.92 and a 52 week high of $22.34.
Old Republic International (NYSE:ORI) last issued its quarterly earnings results on Thursday, January 25th. The insurance provider reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.05. Old Republic International had a net margin of 8.95% and a return on equity of 6.80%. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the firm earned $0.43 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. research analysts expect that Old Republic International will post 1.7 earnings per share for the current year.
In related news, Director Glenn W. Reed bought 5,000 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was bought at an average price of $20.43 per share, for a total transaction of $102,150.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.00% of the stock is owned by corporate insiders.
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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