Old Republic International (ORI) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Republic International in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ORI shares.
View ORI analyst ratings or view top-rated stocks.

2 brokerages have issued 12-month target prices for Old Republic International's stock. Their ORI share price forecasts range from $27.00 to $29.00. On average, they anticipate the company's stock price to reach $28.00 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for ORI or view top-rated stocks among Wall Street analysts.

Old Republic International's stock was trading at $24.15 at the start of the year. Since then, ORI stock has increased by 1.6% and is now trading at $24.53.
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Old Republic International saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,950,000 shares, an increase of 16.5% from the April 15th total of 3,390,000 shares. Based on an average trading volume of 1,540,000 shares, the short-interest ratio is currently 2.6 days. Currently, 1.5% of the company's stock are sold short.
View Old Republic International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ORI earnings forecast.

Old Republic International Co. (NYSE:ORI) posted its earnings results on Wednesday, October, 27th. The insurance provider reported $0.79 EPS for the quarter, topping the consensus estimate of $0.60 by $0.19. The insurance provider had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $1.86 billion. Old Republic International had a trailing twelve-month return on equity of 13.55% and a net margin of 7.60%. During the same period in the prior year, the business posted $0.62 EPS.

Old Republic International declared a quarterly dividend on Friday, May 12th. Shareholders of record on Monday, June 5th will be given a dividend of $0.244 per share on Thursday, June 15th. This represents a $0.98 annualized dividend and a dividend yield of 3.98%. The ex-dividend date is Friday, June 2nd.
Read our dividend analysis for ORI.

ETFs with the largest weight of Old Republic International (NYSE:ORI) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Adaptiv Select ETF (ADPV), Leatherback Long/Short Alternative Yield ETF (LBAY), USCF Dividend Income Fund (UDI), Inspire Faithward Mid Cap Momentum ETF (GLRY), SPDR S&P Insurance ETF (KIE), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL).

Old Republic International (NYSE:ORI) pays an annual dividend of $0.98 per share and currently has a dividend yield of 3.96%. ORI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 42 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORI will have a dividend payout ratio of 39.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ORI.

14 employees have rated Old Republic International Chief Executive Officer Aldo C. Zucaro on Glassdoor.com. Aldo C. Zucaro has an approval rating of 56% among the company's employees. This puts Aldo C. Zucaro in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Republic International investors own include AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Intel (INTC), Cisco Systems (CSCO), Altria Group (MO), AbbVie (ABBV), Pfizer (PFE) and General Electric (GE).

Old Republic International trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORI."

Old Republic International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.68%), State Street Corp (8.38%), Victory Capital Management Inc. (4.99%), Dimensional Fund Advisors LP (2.66%), FMR LLC (2.45%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Aldo C Zucaro, Barbara Adachi, Charles J Kovaleski, Charles J Kovaleski, Karl W Mueller, Karl W Mueller, Lisa J Caldwell, Michael Denard Kennedy, Rande Keith Yeager, Stephen J Oberst, Steven J Bateman, Steven R Walker and Thomas Dare.
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Shares of ORI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ORI stock can currently be purchased for approximately $24.53.

Old Republic International (NYSE:ORI) has a market capitalization of $7.18 billion and generates $7.64 billion in revenue each year. The insurance provider earns $686.50 million in net income (profit) each year or $1.97 on an earnings per share basis.

The company employs 9,500 workers across the globe.

Old Republic International's mailing address is 307 N MICHIGAN AVE, CHICAGO IL, 60601. The official website for the company is www.oldrepublic.com. The insurance provider can be reached via phone at (312) 346-8100, via email at investorrelations@oldrepublic.com, or via fax at 312-726-0309.