About Old Republic International (NYSE:ORI)
Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off Business. The General Insurance Group segment offers automobile extended warranty, aviation, commercial automobile, commercial multi-peril, general liability, home warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, guaranteed asset protection, and surety. This segment provides its insurance products to businesses, government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance Group segment offers lenders' and owners' title insurance policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. It is also involved in the consumer credit indemnity run-off business. Old Republic International Corporation was founded in 1887 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Industry Surety insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:ORI
CUSIP68022310
Phone312-346-8100
Debt
Debt-to-Equity Ratio0.31%
Current Ratio0.49%
Quick Ratio0.49%
Price-To-Earnings
Trailing P/E Ratio19.53
Forward P/E Ratio12.66
P/E GrowthN/A
Sales & Book Value
Annual Sales$6.26 billion
Price / Sales0.93
Cash Flow$1.2035 per share
Price / Cash17.89
Book Value$17.94 per share
Price / Book1.20
Profitability
EPS (Most Recent Fiscal Year)$1.11
Net Income$560.60 million
Net Margins8.95%
Return on Equity6.80%
Return on Assets1.64%
Miscellaneous
Employees8,700
Outstanding Shares269,350,000
Old Republic International (NYSE:ORI) Frequently Asked Questions
What is Old Republic International's stock symbol?
Old Republic International trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORI."
How often does Old Republic International pay dividends? What is the dividend yield for Old Republic International?
Old Republic International announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, March 5th will be given a dividend of $0.195 per share on Thursday, March 15th. This represents a $0.78 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Friday, March 2nd. This is a boost from Old Republic International's previous quarterly dividend of $0.19. View Old Republic International's Dividend History.
How were Old Republic International's earnings last quarter?
Old Republic International (NYSE:ORI) released its quarterly earnings data on Thursday, January, 25th. The insurance provider reported $0.33 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.05. The insurance provider had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.64 billion. Old Republic International had a return on equity of 6.80% and a net margin of 8.95%. Old Republic International's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $0.43 earnings per share. View Old Republic International's Earnings History.
When is Old Republic International's next earnings date?
What price target have analysts set for ORI?
2 brokers have issued twelve-month price objectives for Old Republic International's shares. Their predictions range from $25.00 to $25.00. On average, they expect Old Republic International's stock price to reach $25.00 in the next twelve months. View Analyst Ratings for Old Republic International.
Are investors shorting Old Republic International?
Old Republic International saw a drop in short interest in the month of March. As of March 15th, there was short interest totalling 6,113,935 shares, a drop of 28.4% from the February 28th total of 8,544,759 shares. Based on an average daily volume of 3,187,275 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.5% of the company's stock are sold short.
Who are some of Old Republic International's key competitors?
Some companies that are related to Old Republic International include Extra Space Storage (EXR), SEI Investments (SEIC), Arch Capital Group (ACGL), Ageas (AGESY), Fidelity National Financial (FNF), Daiwa Securities Group (DSEEY), HCP (HCP), Mid-America Apartment Communities (MAA), Sino Land (SNLAY), Unum (UNM), Schroders (SHNWF), KKR & Co. L.P. (KKR), Zions Bancorp (ZION), Everest Re Group (RE), Land Securities Gp (LSGOF), Regency Centers (REG), American Financial Group (AFG) and Reinsurance Group of America (RGA).
Who are Old Republic International's key executives?
Old Republic International's management team includes the folowing people:
- Mr. Aldo Charles Zucaro, Chairman, CEO & Director (Age 79)
- Mr. Richard Scott Rager, Pres & COO (Age 69)
- Mr. Karl William Mueller, CFO, Sr. VP & Principal Accounting Officer (Age 59)
- Mr. Rande Keith Yeager, Chairman, CEO & Sr. VP of Old Republic Title Insurance Co. (Age 69)
- Mr. Craig Richard Smiddy, Pres & COO of Old Republic Gen. Insurance Group Inc (Age 54)
Has Old Republic International been receiving favorable news coverage?
News stories about ORI stock have trended somewhat negative on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative 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 earned a news impact score of -0.03 on Accern's scale. They also gave media stories about the insurance provider an impact score of 47.01 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Old Republic International's major shareholders?
Old Republic International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include
OLD REPUBLIC INTERNATIONAL CORP EMPLOYEES SAVINGS & STOCK OWNERSHIP TRUST
(4.90%). Company insiders that own Old Republic International stock include Aldo C Zucaro, Arnold L Steiner, Charles S Boone, Frank Joseph Sodaro, Glenn W Reed, James C Hellauer, Karl W Mueller, Mieghem Dennis P Van, R Scott Rager, Steven J Bateman and Steven R Walker. View Institutional Ownership Trends for Old Republic International.
How do I buy shares of Old Republic International?
Shares of ORI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Old Republic International's stock price today?
One share of ORI stock can currently be purchased for approximately $21.53.
How big of a company is Old Republic International?
Old Republic International has a market capitalization of $5.82 billion and generates $6.26 billion in revenue each year. The insurance provider earns $560.60 million in net income (profit) each year or $1.11 on an earnings per share basis. Old Republic International employs 8,700 workers across the globe.
How can I contact Old Republic International?
Old Republic International's mailing address is 307 N MICHIGAN AVE, CHICAGO IL, 60601. The insurance provider can be reached via phone at 312-346-8100.
MarketBeat Community Rating for Old Republic International (ORI)
MarketBeat's community ratings are surveys of what our community members think about Old Republic International and other stocks. Vote "Outperform" if you believe ORI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORI will underperform the S&P 500 over the long term. You may vote once every thirty days.
Old Republic International (NYSE:ORI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Old Republic International in the last 12 months. Their average twelve-month price target is $25.00, suggesting that the stock has a possible upside of 16.12%. The high price target for ORI is $25.00 and the low price target for ORI is $25.00. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus rating of "Strong Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Strong Buy | Strong Buy | Strong Buy | N/A |
| Consensus Rating Score: | 3.50 | 3.50 | 4.00 | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
1 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
1 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
1 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.00 | $25.00 | $25.00 | N/A |
| Price Target Upside: | 16.12% upside | 25.63% upside | 28.21% upside | N/A |
Old Republic International (NYSE:ORI) Consensus Price Target History
Old Republic International (NYSE:ORI) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/12/2018 | JMP Securities | Upgrade | Market Perform -> Outperform | | High |  |
| 10/30/2017 | Raymond James | Upgrade | Outperform -> Strong-Buy | $23.00 -> $25.00 | N/A | |
(Data available from 4/19/2016 forward)
Old Republic International (NYSE:ORI) Dividend Information
Old Republic International pays an annual dividend of $0.78 per share, with a dividend yield of 3.62%. ORI's most recent quarterly dividend payment was Thursday, March 15. The company has grown its dividend for the last 36 consecutive years and is increasing its dividend by an average of 1.40% each year. Old Republic International pays out 70.27% of its earnings out as a dividend.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.78 |
| Dividend Yield: | 3.62% |
| Dividend Growth: | 1.40% (3 Year Average) |
| Payout Ratio: | 70.27% (Trailing 12 Months of Earnings)
45.88% (Based on This Year's Estimates)
42.16% (Based on Next Year's Estimates)
|
| Track Record: | 36 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Old Republic International (NYSE:ORI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2018 | quarterly | $0.1950 | 3.82916053019146% | 3/2/2018 | 3/5/2018 | 3/15/2018 |
| 12/21/2017 | None | $1.00 | | 1/9/2018 | 1/10/2018 | 1/31/2018 |
| 11/22/2017 | quarterly | $0.19 | 3.64% | 12/4/2017 | 12/5/2017 | 12/15/2017 |
| 8/24/2017 | quarterly | $0.19 | 3.94% | 8/31/2017 | 9/5/2017 | 9/15/2017 |
| 5/11/2017 | quarterly | $0.19 | 3.89% | 6/1/2017 | 6/5/2017 | 6/15/2017 |
| 2/23/2017 | quarterly | $0.19 | 3.64% | 3/2/2017 | 3/6/2017 | 3/15/2017 |
| 11/21/2016 | quarterly | $0.1875 | | 12/1/2016 | 12/5/2016 | 12/15/2016 |
| 8/23/2016 | quarterly | $0.1875 | | 8/31/2016 | 9/2/2016 | 9/15/2016 |
| 5/12/2016 | quarterly | $0.1875 | | 6/1/2016 | 6/3/2016 | 6/15/2016 |
| 2/23/2016 | quarterly | $0.1875 | | 3/2/2016 | 3/4/2016 | 3/15/2016 |
| 11/23/2015 | quarterly | $0.1850 | | 12/2/2015 | 12/4/2015 | 12/15/2015 |
| 8/24/2015 | quarterly | $0.1850 | | 9/2/2015 | 9/4/2015 | 9/15/2015 |
| 5/22/2015 | quarterly | $0.1850 | 4.84% | 6/3/2015 | 6/5/2015 | 6/15/2015 |
| 2/20/2015 | quarterly | $0.1850 | 4.93% | 3/4/2015 | 3/6/2015 | 3/16/2015 |
| 11/21/2014 | quarterly | $0.1825 | 4.79% | 12/3/2014 | 12/5/2014 | 12/15/2014 |
| 8/21/2014 | quarterly | $0.1825 | 4.84% | 9/3/2014 | 9/5/2014 | 9/15/2014 |
| 5/8/2014 | quarterly | $0.1825 | 4.33% | 6/2/2014 | 6/4/2014 | 6/16/2014 |
| 2/21/2014 | quarterly | $0.1825 | 4.74% | 2/28/2014 | 3/4/2014 | 3/14/2014 |
| 11/26/2013 | quarterly | $0.18 | 4.18% | 12/2/2013 | 12/4/2013 | 12/16/2013 |
| 8/21/2013 | quarterly | $0.18 | 4.89% | 9/4/2013 | 9/6/2013 | 9/16/2013 |
| 5/9/2013 | quarterly | $0.18 | 5.15% | 5/31/2013 | 6/4/2013 | 6/14/2013 |
| 2/28/2013 | quarterly | $0.18 | 6.09% | 3/7/2013 | 3/11/2013 | 3/21/2013 |
(Data available from 1/1/2013 forward)
Old Republic International (NYSE ORI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 73.47%
Old Republic International (NYSE ORI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/7/2018 | Aldo C Zucaro | CEO | Buy | 80 | $20.11 | $1,608.80 | 1,255,080 | |
| 2/15/2018 | Glenn W Reed | Director | Buy | 5,000 | $20.43 | $102,150.00 | | |
| 11/30/2017 | Charles S Boone | VP | Sell | 15,000 | $20.96 | $314,400.00 | 22,750 | |
| 11/30/2017 | Karl W Mueller | CFO | Sell | 19,052 | $21.00 | $400,092.00 | 5,331 | |
| 11/30/2017 | R Scott Rager | COO | Sell | 47,500 | $21.00 | $997,500.00 | 40,000 | |
| 8/2/2017 | Frank Joseph Sodaro | VP | Buy | 1,000 | $19.38 | $19,380.00 | 8,515 | |
| 6/16/2017 | Arnold L Steiner | Director | Sell | 20,000 | $20.24 | $404,800.00 | 270,237 | |
| 5/15/2017 | Steven J Bateman | Director | Buy | 5,000 | $19.56 | $97,800.00 | 15,000 | |
| 11/8/2016 | Aldo C Zucaro | CEO | Buy | 5,000 | $16.87 | $84,350.00 | 1,255,000 | |
| 11/1/2016 | Steven R Walker | Director | Buy | 6,000 | $16.86 | $101,160.00 | 12,000 | |
| 10/31/2016 | Aldo C Zucaro | CEO | Buy | 2,920 | $16.61 | $48,501.20 | 1,250,000 | |
| 10/31/2016 | Mieghem Dennis P Van | Director | Buy | 2,000 | $16.72 | $33,440.00 | 5,675 | |
| 10/28/2016 | James C Hellauer | Director | Buy | 1,500 | $16.54 | $24,810.00 | 28,900 | |
| 6/16/2016 | Steven R Walker | Director | Buy | 4,000 | $18.42 | $73,680.00 | 8,000 | |
| 5/6/2016 | Arnold L Steiner | Director | Sell | 14,000 | $18.74 | $262,360.00 | 270,237 | |
| 2/8/2016 | James C Hellauer | Director | Buy | 2,000 | $17.20 | $34,400.00 | 27,400 | |
| 10/29/2015 | Rande Keith Yeager | VP | Sell | 67,109 | $18.16 | $1,218,699.44 | 27,279 | |
| 3/6/2015 | Mieghem Dennis P Van | Director | Sell | 1,000 | $14.95 | $14,950.00 | | |
| 2/2/2015 | Aldo C Zucaro | CEO | Buy | 2,500 | $14.02 | $35,050.00 | | |
| 1/29/2015 | Aldo C Zucaro | CEO | Buy | 2,500 | $14.00 | $35,000.00 | | |
| 1/28/2015 | Aldo C Zucaro | CEO | Buy | 5,000 | $14.15 | $70,750.00 | | |
| 1/27/2015 | Aldo C Zucaro | CEO | Buy | 5,000 | $14.13 | $70,650.00 | | |
| 1/27/2015 | Steven R Walker | Director | Buy | 2,000 | $14.30 | $28,600.00 | | |
| 10/30/2014 | Steven R Walker | Director | Buy | 2,000 | $14.51 | $29,020.00 | | |
| 10/27/2014 | John M Dixon | Director | Buy | 1,200 | $14.34 | $17,208.00 | | |
| 8/1/2014 | Aldo C Zucaro | CEO | Buy | 1,580 | $14.50 | $22,910.00 | | |
| 7/29/2014 | Mieghem Dennis P Van | Director | Buy | 1,000 | $15.10 | $15,100.00 | | |
| 7/28/2014 | Steven R Walker | Director | Buy | 1,500 | $15.13 | $22,695.00 | | |
| 5/16/2014 | Steven Walker | Director | Buy | 2,000 | $16.56 | $33,120.00 | 4,000 | |
| 1/27/2014 | James Hellauer | Director | Buy | 4,000 | $15.38 | $61,520.00 | 25,400 | |
| 11/27/2013 | Christopher Nard | Insider | Sell | 20,000 | $17.19 | $343,800.00 | 28,816 | |
| 5/20/2013 | Mieghem Dennis P Van | Director | Sell | 1,250 | $14.25 | $17,812.50 | | |
| 3/6/2013 | Fredricka Taubitz | Director | Buy | 5,000 | $12.24 | $61,200.00 | | |
| 2/21/2013 | Steven R Walker | Director | Buy | 2,500 | $11.63 | $29,075.00 | | |
| 10/31/2012 | Aldo C Zucaro | CEO | Buy | 10,500 | $9.95 | $104,475.00 | | |
| 8/17/2012 | Aldo C Zucaro | CEO | Buy | 8,108 | $8.99 | $72,890.92 | | |
| 8/9/2012 | Aldo C Zucaro | CEO | Buy | 1,892 | $8.40 | $15,892.80 | | |
(Data available from 1/1/2013 forward)
Old Republic International (NYSE ORI) News Headlines
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Old Republic International (NYSE:ORI) SEC Filings
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Old Republic International (NYSE:ORI) Income Statement, Balance Sheet and Cash Flow Statement
Old Republic International (NYSE ORI) Stock Chart for Thursday, April, 19, 2018
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