Old Republic International (ORI) Set to Announce Earnings on Thursday

Old Republic International (NYSE:ORI) will issue its quarterly earnings data before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $0.70 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Old Republic International (NYSE:ORI) last posted its quarterly earnings data on Thursday, July 25th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.15. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.92 billion. Old Republic International had a net margin of 8.59% and a return on equity of 12.57%. During the same quarter in the prior year, the company posted $0.62 earnings per share. On average, analysts expect Old Republic International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Old Republic International Trading Up 0.7 %

NYSE:ORI opened at $36.17 on Thursday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.33. The firm has a fifty day simple moving average of $35.14 and a 200-day simple moving average of $32.50. Old Republic International has a 12 month low of $26.40 and a 12 month high of $36.38. The company has a market capitalization of $9.83 billion, a P/E ratio of 14.07 and a beta of 0.84.

Old Republic International Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 6th were paid a $1.06 dividend. This represents a dividend yield of 3.05%. The ex-dividend date was Friday, September 6th. Old Republic International’s payout ratio is 41.25%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised their target price on shares of Old Republic International from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Friday, October 4th.

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.