What is DOWLING & PARTN's Forecast for ORI FY2027 Earnings?

Key Points

• DOWLING & PARTN expects Old Republic International to earn $3.55 per share in FY2027, which is above the current consensus estimate of $2.95.
• Old Republic International shares were down 2.6% in Thursday trading, opening at $38.40 amid a broader range of analyst views and a MarketBeat average rating of Moderate Buy.
• The company recently reported quarterly EPS of $0.68, missing estimates, though revenue came in roughly in line and rose 6.7% year over year; it also announced a $0.315 quarterly dividend yielding about 3.3%.

Old Republic International Corporation (NYSE:ORI - Free Report) - Research analysts at DOWLING & PARTN issued their FY2027 earnings per share (EPS) estimates for shares of Old Republic International in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst A. Mottolese expects that the insurance provider will post earnings per share of $3.55 for the year. The consensus estimate for Old Republic International's current full-year earnings is $2.95 per share.

A number of other research firms have also recently weighed in on ORI. Raymond James Financial set a $44.00 price target on Old Republic International in a report on Monday, April 27th. Piper Sandler raised their price target on Old Republic International from $38.00 to $40.00 and gave the company a "neutral" rating in a report on Friday, April 24th. Zacks Research cut Old Republic International from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 29th. Finally, Weiss Ratings lowered Old Republic International from a "buy (a-)" rating to a "buy (b+)" rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $42.00.

Old Republic International Trading Down 2.6%

ORI stock opened at $38.40 on Thursday. The business has a fifty day moving average price of $40.01 and a 200 day moving average price of $41.96. Old Republic International has a fifty-two week low of $35.60 and a fifty-two week high of $46.76. The stock has a market capitalization of $9.32 billion, a price-to-earnings ratio of 10.29 and a beta of 0.63. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.23 and a quick ratio of 0.23.

Old Republic International (NYSE:ORI - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The insurance provider reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.11). Old Republic International had a net margin of 10.83% and a return on equity of 15.71%. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same period in the prior year, the business earned $0.81 earnings per share. The company's revenue for the quarter was up 6.7% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new position in shares of Old Republic International in the 1st quarter worth $90,000. McIlrath & Eck LLC boosted its position in shares of Old Republic International by 6.4% in the 1st quarter. McIlrath & Eck LLC now owns 5,317 shares of the insurance provider's stock worth $212,000 after purchasing an additional 320 shares during the last quarter. Bull Harbor Capital LLC bought a new position in shares of Old Republic International in the 1st quarter worth $242,000. Arkadios Wealth Advisors boosted its position in shares of Old Republic International by 43.2% in the 1st quarter. Arkadios Wealth Advisors now owns 54,819 shares of the insurance provider's stock worth $2,187,000 after purchasing an additional 16,526 shares during the last quarter. Finally, Guardian Partners Inc. boosted its position in shares of Old Republic International by 9.7% in the 1st quarter. Guardian Partners Inc. now owns 9,737 shares of the insurance provider's stock worth $389,000 after purchasing an additional 864 shares during the last quarter. 70.92% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Old Republic International news, SVP Carolyn Monroe sold 13,330 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $38.76, for a total value of $516,670.80. Following the transaction, the senior vice president directly owned 32,261 shares in the company, valued at approximately $1,250,436.36. This trade represents a 29.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Eric Smith acquired 1,135 shares of the firm's stock in a transaction on Monday, March 2nd. The stock was purchased at an average price of $43.10 per share, for a total transaction of $48,918.50. Following the completion of the transaction, the director directly owned 4,276 shares in the company, valued at approximately $184,295.60. The trade was a 36.13% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.32% of the stock is currently owned by company insiders.

Old Republic International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be given a $0.315 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Friday, June 5th. Old Republic International's dividend payout ratio (DPR) is presently 33.78%.

Old Republic International Company Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety.

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