In the latest session, Old Republic International Corp. (NYSE: ORI) closed at $29.58 down -0.14% from its previous closing price of $29.62. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 1939257 shares were traded.
Ratios:
For a deeper understanding of Old Republic International Corp.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
On May 17, 2023, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $27.
Raymond James Downgraded its Strong Buy to Outperform on April 29, 2022, whereas the target price for the stock was revised from $30 to $28.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 16 ’24 when ADACHI BARBARA bought 1,925 shares for $28.60 per share. The transaction valued at 55,055 led to the insider holds 7,845 shares of the business.
MONROE CAROLYN sold 6,528 shares of ORI for $180,920 on Feb 02 ’24. The SVP – Title Insurance now owns 0 shares after completing the transaction at $27.71 per share. On Aug 02 ’23, another insider, ADACHI BARBARA, who serves as the Director of the company, bought 3,620 shares for $27.64 each. As a result, the insider paid 100,057 and bolstered with 5,920 shares of the company.
Valuation Measures:
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 8.15B and an Enterprise Value of 9.54B. As of this moment, Old’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.12, and their Forward P/E ratio for the next fiscal year is 10.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 1.31.
Stock Price History:
Over the past 52 weeks, ORI has reached a high of $31.22, while it has fallen to a 52-week low of $24.03. The 50-Day Moving Average of the stock is 29.19, while the 200-Day Moving Average is calculated to be 28.09.
Shares Statistics:
For the past three months, ORI has traded an average of 1.72M shares per day and 1.56M over the past ten days. A total of 278.39M shares are outstanding, with a floating share count of 257.86M. Insiders hold about 7.30% of the company’s shares, while institutions hold 71.67% stake in the company. Shares short for ORI as of Mar 28, 2024 were 2.18M with a Short Ratio of 1.27, compared to 1.54M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.79% and a Short% of Float of 0.98%.
Dividends & Splits
According to the company, the forward annual dividend rate for ORI is 1.00, from 0.98 in the trailing year. Against a Trailing Annual Dividend Yield of 3.31%, it implies a Forward Annual Dividend Yield of 3.58%. The stock’s 5-year Average Dividend Yield is 3.87. The current Payout Ratio is 46.74% for ORI, which recently paid a dividend on Mar 21, 2024 with an ex-dividend date of Mar 08, 2024. Stock splits for the company last occurred on Jan 03, 2006 when the company split stock in a 5:4 ratio.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.66 and a low estimate of $0.65, while EPS last year was $0.61. The consensus estimate for the next quarter is $0.65, with high estimates of $0.68 and low estimates of $0.6.
Analysts are recommending an EPS of between $2.8 and $2.6 for the fiscal current year, implying an average EPS of $2.71. EPS for the following year is $2.91, with 4 analysts recommending between $3 and $2.7.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $1.84B this quarter.It ranges from a high estimate of $1.94B to a low estimate of $1.75B. As of the current estimate, Old Republic International Corp.’s year-ago sales were $1.78B, an estimated increase of 3.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.93B, an increase of 5.40% over than the figure of $3.70% in the same quarter last year. There is a high estimate of $2B for the next quarter, whereas the lowest estimate is $1.86B.
A total of 2 analysts have provided revenue estimates for ORI’s current fiscal year. The highest revenue estimate was $8.02B, while the lowest revenue estimate was $7.59B, resulting in an average revenue estimate of $7.81B. In the same quarter a year ago, actual revenue was $7.45B, up 4.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $8.16B in the next fiscal year. The high estimate is $8.45B and the low estimate is $7.88B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.
