Old Republic International (ORI) Receives Daily Media Impact Rating of 0.20
Media coverage about Old Republic International (NYSE:ORI) has trended somewhat positive on Friday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old Republic International earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned headlines about the insurance provider an impact score of 46.5858697278958 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Old Republic International (NYSE:ORI) traded up $0.24 on Friday, hitting $21.30. The company had a trading volume of 6,648,409 shares, compared to its average volume of 3,909,014. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.49 and a quick ratio of 0.49. Old Republic International has a 52-week low of $17.92 and a 52-week high of $22.34. The stock has a market capitalization of $5,632.06, a PE ratio of 11.09 and a beta of 1.36.
Old Republic International (NYSE:ORI) last issued its quarterly earnings results on Thursday, January 25th. The insurance provider reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.05. Old Republic International had a return on equity of 6.80% and a net margin of 8.95%. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the business earned $0.43 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. sell-side analysts predict that Old Republic International will post 1.7 EPS for the current year.
Several research analysts have recently weighed in on ORI shares. ValuEngine raised Old Republic International from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Zacks Investment Research raised Old Republic International from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Wednesday, January 24th. Finally, JMP Securities upgraded Old Republic International from a “market perform” rating to an “outperform” rating in a research report on Monday, February 12th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. Old Republic International presently has an average rating of “Buy” and an average price target of $24.00.
In other news, Director Glenn W. Reed purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was purchased at an average cost of $20.43 per share, for a total transaction of $102,150.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.00% of the stock is currently owned by insiders.
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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. The company operates through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off Business.
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