As of close of business last night, Old Republic International Corporation’s stock clocked out at $24.68, down -0.52% from its previous closing price of $24.81. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 1299251 shares were traded. ORI stock price reached its highest trading level at $24.80 during the session, while it also had its lowest trading level at $24.58.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
To gain a deeper understanding of ORI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.55. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 03 when KENNEDY MICHAEL DENARD bought 295 shares for $24.13 per share. The transaction valued at 7,118 led to the insider holds 10,272 shares of the business.
KENNEDY MICHAEL DENARD bought 295 shares of ORI for $7,222 on Dec 01. The Director now owns 9,977 shares after completing the transaction at $24.48 per share. On Nov 01, another insider, KENNEDY MICHAEL DENARD, who serves as the Director of the company, bought 295 shares for $23.33 each. As a result, the insider paid 6,882 and bolstered with 9,682 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ORI now has a Market Capitalization of 7.49B and an Enterprise Value of 9.00B. As of this moment, Old’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.53, and their Forward P/E ratio for the next fiscal year is 9.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.11.
Stock Price History:
Over the past 52 weeks, ORI has reached a high of $26.72, while it has fallen to a 52-week low of $20.03. The 50-Day Moving Average of the stock is 24.98, while the 200-Day Moving Average is calculated to be 24.14.
It appears that ORI traded 1.54M shares on average per day over the past three months and 1.2M shares per day over the past ten days. A total of 291.95M shares are outstanding, with a floating share count of 281.09M. Insiders hold about 0.10% of the company’s shares, while institutions hold 74.30% stake in the company. Shares short for ORI as of May 14, 2023 were 3.52M with a Short Ratio of 3.52M, compared to 3.39M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.20% and a Short% of Float of 1.48%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.94, ORI has a forward annual dividend rate of 0.98. Against a Trailing Annual Dividend Yield of 3.77%, it implies a Forward Annual Dividend Yield of 3.95%. The stock’s 5-year Average Dividend Yield is 3.90. The current Payout Ratio is 47.10% for ORI, which recently paid a dividend on Jun 14, 2023 with an ex-dividend date of Jun 01, 2023. Stock splits for the company last occurred on Jan 02, 2006 when the company split stock in a 5:4 ratio.
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.6 and a low estimate of $0.53, while EPS last year was $0.69. The consensus estimate for the next quarter is $0.59, with high estimates of $0.61 and low estimates of $0.55.
Analysts are recommending an EPS of between $2.45 and $2.4 for the fiscal current year, implying an average EPS of $2.41. EPS for the following year is $2.57, with 4 analysts recommending between $2.75 and $2.4.
In the current quarter, 2 analysts expect revenue to total $1.93B. It ranges from a high estimate of $2.13B to a low estimate of $1.74B. As of the current estimate, Old Republic International Corporation’s year-ago sales were $2.13B, an estimated decrease of -9.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.96B, an increase of 9.30% over than the figure of -$9.20% in the same quarter last year. There is a high estimate of $2.09B for the next quarter, whereas the lowest estimate is $1.82B.
A total of 2 analysts have provided revenue estimates for ORI’s current fiscal year. The highest revenue estimate was $7.93B, while the lowest revenue estimate was $7.19B, resulting in an average revenue estimate of $7.56B. In the same quarter a year ago, actual revenue was $8.28B, down -8.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $7.73B in the next fiscal year. The high estimate is $8.16B and the low estimate is $7.3B. The average revenue growth estimate for next year is up 2.30% from the average revenue estimate for this year.