Old Republic International Corporation (ORI) Earning Somewhat Favorable Media Coverage, Study Shows
News articles about Old Republic International Corporation (NYSE:ORI) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old Republic International Corporation earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 46.3940962375586 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s analysis:
- Why Should Investors Reconsider Terex Corporation (TEX) And Old Republic International Corporation (ORI)? – AllStockNews (allstocknews.com)
- Old Republic International Corp (ORI) Shares Moving On Volume – Financial News Review (finnewsreview.com)
- ETFs with exposure to Old Republic International Corp. : September 7, 2017 (finance.yahoo.com)
- Old Republic International Named Top Dividend Stock With Insider Buying and 4.17% Yield (ORI) – Nasdaq (nasdaq.com)
- Old Republic International Corporation (NYSE:ORI) – Hot Stock’s Highlights – Stock Watch (stocksnewstimes.com)
Old Republic International Corporation (NYSE:ORI) opened at 18.98 on Friday. The company’s 50 day moving average price is $19.23 and its 200-day moving average price is $19.82. Old Republic International Corporation has a 12-month low of $16.51 and a 12-month high of $21.19. The firm has a market capitalization of $4.96 billion, a price-to-earnings ratio of 11.96 and a beta of 1.31.
Old Republic International Corporation (NYSE:ORI) last announced its quarterly earnings results on Thursday, July 27th. The insurance provider reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.02. The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Old Republic International Corporation had a net margin of 7.64% and a return on equity of 9.41%. Old Republic International Corporation’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 earnings per share. On average, equities analysts anticipate that Old Republic International Corporation will post $1.45 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, September 5th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 4.00%. The ex-dividend date is Thursday, August 31st. Old Republic International Corporation’s dividend payout ratio is 47.80%.
A number of research firms recently weighed in on ORI. BidaskClub raised Old Republic International Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 16th. Zacks Investment Research raised Old Republic International Corporation from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Wednesday, May 24th.
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In related news, Director Arnold L. Steiner sold 20,000 shares of Old Republic International Corporation stock in a transaction on Friday, June 16th. The stock was sold at an average price of $20.24, for a total transaction of $404,800.00. Following the completion of the sale, the director now owns 270,237 shares of the company’s stock, valued at $5,469,596.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is currently owned by company insiders.
About Old Republic International Corporation
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.
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