Old Republic International (ORI) Receives Daily Coverage Optimism Score of 0.25
Media coverage about Old Republic International (NYSE:ORI) has been trending positive on Monday, Alpha One Sentiment reports. Alpha One, a division of Accern, rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old Republic International earned a news impact score of 0.25 on Alpha One’s scale. Alpha One also assigned news stories about the insurance provider an impact score of 97 out of 100, indicating that recent press coverage is extremely likely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected AlphaOne’s rankings:
- Zacks Investment Research Lowers Old Republic International Co. (ORI) to Hold (americanbankingnews.com)
- The Old Republic International Co. Announces Quarterly Dividend of $0.19 (ORI) – BangaloreWeekly (bangaloreweekly.com)
- The Baird Financial Group Inc. Boosts Stake in Old Republic International Co. (ORI) – BangaloreWeekly (bangaloreweekly.com)
- Old Republic International Co. (ORI) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- CalPERS, other pension funds again urge Old Republic International to adopt proxy access (pionline.com)
Old Republic International (NYSE:ORI) last released its quarterly earnings data on Thursday, April 27th. The insurance provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.04. Old Republic International had a net margin of 7.91% and a return on equity of 9.54%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the firm earned $0.33 earnings per share. Old Republic International’s revenue for the quarter was up 4.4% on a year-over-year basis.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Monday, June 5th will be paid a dividend of $0.19 per share. The ex-dividend date is Thursday, June 1st. This represents a $0.76 annualized dividend and a yield of 3.85%. Old Republic International’s dividend payout ratio is currently 46.01%.
Separately, Zacks Investment Research upgraded shares of Old Republic International from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a report on Wednesday, February 1st.
COPYRIGHT VIOLATION NOTICE: “Old Republic International (ORI) Receives Daily Coverage Optimism Score of 0.25” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/05/29/old-republic-international-ori-receives-daily-coverage-optimism-score-of-0-25.html.
In other news, Director Steven J. Bateman bought 5,000 shares of Old Republic International stock in a transaction dated Monday, May 15th. The shares were acquired at an average cost of $19.56 per share, with a total value of $97,800.00. Following the completion of the transaction, the director now owns 15,000 shares in the company, valued at approximately $293,400. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.30% of the stock is owned by insiders.
About Old Republic International
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.
Receive News & Stock Ratings for Old Republic International Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Republic International Co. and related stocks with our FREE daily email newsletter.