Old Republic International Corp. (NYSE:ORI) declared a quarterly dividend on Monday, November 21st. Investors of record on Monday, December 5th will be given a dividend of 0.1875 per share on Thursday, December 15th. This represents a $0.75 dividend on an annualized basis and a yield of 4.20%.

Old Republic International Corp. (NYSE:ORI) opened at 17.87 on Tuesday. The firm has a market capitalization of $4.64 billion, a PE ratio of 12.03 and a beta of 1.16. The company has a 50-day moving average price of $17.65 and a 200-day moving average price of $18.64. Old Republic International Corp. has a 12-month low of $16.51 and a 12-month high of $20.00.

Old Republic International Corp. (NYSE:ORI) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by $0.01. Old Republic International Corp. had a return on equity of 8.90% and a net margin of 7.29%. The firm earned $1.49 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the firm earned $0.44 EPS. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, analysts predict that Old Republic International Corp. will post $1.35 earnings per share for the current year.

Dividend History for Old Republic International Corp. (NYSE:ORI)

In related news, Director Mieghem Dennis P. Van bought 2,000 shares of the company’s stock in a transaction dated Monday, October 31st. The stock was bought at an average price of $16.72 per share, with a total value of $33,440.00. Following the transaction, the director now owns 5,675 shares of the company’s stock, valued at $94,886. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Aldo C. Zucaro bought 5,000 shares of the company’s stock in a transaction dated Tuesday, November 8th. The stock was bought at an average cost of $16.87 per share, with a total value of $84,350.00. Following the transaction, the chief executive officer now directly owns 1,255,000 shares in the company, valued at approximately $21,171,850. The disclosure for this purchase can be found here. 2.30% of the stock is currently owned by insiders.

Large investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its stake in Old Republic International Corp. by 53.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 145,825 shares of the company’s stock valued at $2,569,000 after buying an additional 50,750 shares during the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Old Republic International Corp. during the third quarter worth $2,239,000. Verition Fund Management LLC increased its stake in shares of Old Republic International Corp. by 132.9% in the third quarter. Verition Fund Management LLC now owns 39,655 shares of the company’s stock worth $699,000 after buying an additional 22,631 shares in the last quarter. Mackenzie Financial Corp increased its stake in shares of Old Republic International Corp. by 0.9% in the third quarter. Mackenzie Financial Corp now owns 35,327 shares of the company’s stock worth $622,000 after buying an additional 327 shares in the last quarter. Finally, United Services Automobile Association increased its stake in shares of Old Republic International Corp. by 3.7% in the third quarter. United Services Automobile Association now owns 30,720 shares of the company’s stock worth $541,000 after buying an additional 1,110 shares in the last quarter. 70.11% of the stock is owned by institutional investors.

Separately, Zacks Investment Research downgraded shares of Old Republic International Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, November 3rd.

Old Republic International Corp. Company Profile

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business.

5 Day Chart for NYSE:ORI

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