Old Republic International (ORI) to Announce Earnings on Thursday

Old Republic International (NYSE:ORI) is expected to issue 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.

Old Republic International Price Performance

Shares of Old Republic International stock opened at $35.15 on Thursday. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of 12.12 and a beta of 0.88. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.31. The stock’s 50-day simple moving average is $36.69 and its 200-day simple moving average is $35.13. Old Republic International has a 52 week low of $27.19 and a 52 week high of $39.27.

Old Republic International Announces Dividend

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

Wall Street Analyst Weigh In

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

About Old Republic International

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.