Old Republic International (ORI) Projected to Post Earnings on Thursday

Old Republic International (NYSE:ORI) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.71 per share and revenue of $2,113,450.00 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Old Republic International Stock Up 0.4 %

Shares of ORI opened at $36.18 on Wednesday. The company has a market capitalization of $9.17 billion, a PE ratio of 12.47 and a beta of 0.88. Old Republic International has a 12 month low of $27.19 and a 12 month high of $39.27. The stock’s 50-day moving average price is $36.65 and its two-hundred day moving average price is $35.28. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.31.

Old Republic International Dividend Announcement

The business also recently announced a special dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were issued a dividend of $2.00 per share. The ex-dividend date was Friday, January 3rd. Old Republic International’s payout ratio is presently 36.55%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler boosted their price objective on Old Republic International from $36.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, October 21st.

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.