Old Republic International (ORI) Earns Daily News Impact Score of 0.16

News headlines about Old Republic International (NYSE:ORI) have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Old Republic International earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 46.506460357709 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

ORI has been the subject of several recent analyst reports. Raymond James Financial upgraded Old Republic International from an “outperform” rating to a “strong-buy” rating and boosted their target price for the stock from $23.00 to $25.00 in a research note on Monday, October 30th. Zacks Investment Research cut Old Republic International from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th.

Old Republic International (NYSE:ORI) traded up $0.42 during mid-day trading on Tuesday, reaching $20.22. The company had a trading volume of 5,730,000 shares, compared to its average volume of 1,960,000. The stock has a market capitalization of $5,330.00, a PE ratio of 14.98 and a beta of 1.36. Old Republic International has a 12-month low of $17.92 and a 12-month high of $21.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.51 and a current ratio of 0.51.

Old Republic International (NYSE:ORI) last issued its quarterly earnings data on Thursday, October 26th. The insurance provider reported $0.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.06. Old Republic International had a return on equity of 7.50% and a net margin of 6.45%. The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the business earned $0.37 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. research analysts predict that Old Republic International will post 1.17 EPS for the current fiscal year.

The company also recently disclosed a None dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th will be paid a $1.00 dividend. The ex-dividend date is Tuesday, January 9th. Old Republic International’s dividend payout ratio is currently 56.30%.

In other Old Republic International news, VP Charles S. Boone sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $20.96, for a total value of $314,400.00. Following the completion of the sale, the vice president now owns 22,750 shares in the company, valued at $476,840. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO R Scott Rager sold 47,500 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $21.00, for a total value of $997,500.00. Following the completion of the sale, the chief operating officer now owns 40,000 shares of the company’s stock, valued at approximately $840,000. The disclosure for this sale can be found here. In the last quarter, insiders sold 81,552 shares of company stock valued at $1,711,992. 2.00% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Old Republic International (NYSE:ORI)

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