Old Republic International Corporation (ORI) Earns Daily Coverage Optimism Score of 0.21
Media headlines about Old Republic International Corporation (NYSE:ORI) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Old Republic International Corporation earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the insurance provider an impact score of 45.8532052156113 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of brokerages have recently weighed in on ORI. Zacks Investment Research upgraded shares of Old Republic International Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. BidaskClub upgraded shares of Old Republic International Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, June 16th.
Old Republic International Corporation (ORI) opened at 19.60 on Monday. Old Republic International Corporation has a 1-year low of $16.51 and a 1-year high of $21.19. The firm has a market capitalization of $5.12 billion, a PE ratio of 12.35 and a beta of 1.30. The company’s 50-day moving average is $19.34 and its 200 day moving average is $19.69.
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 (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). Old Republic International Corporation had a net margin of 7.64% and a return on equity of 9.41%. The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same period in the prior year, the business earned $0.35 EPS. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, equities analysts expect that Old Republic International Corporation will post $1.45 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Tuesday, September 5th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date was Thursday, August 31st. Old Republic International Corporation’s dividend payout ratio is currently 47.80%.
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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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