Favorable Media Coverage Somewhat Unlikely to Impact Old Republic International (NYSE:ORI) Share Price

News coverage about Old Republic International (NYSE:ORI) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Old Republic International earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 45.8905341164187 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several equities analysts have issued reports on ORI shares. Zacks Investment Research lowered shares of Old Republic International from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. JMP Securities upgraded shares of Old Republic International from a “market perform” rating to an “outperform” rating in a research report on Monday, February 12th. Finally, ValuEngine upgraded shares of Old Republic International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Old Republic International has an average rating of “Buy” and an average price target of $24.00.

Old Republic International (ORI) traded down $0.23 on Wednesday, hitting $21.09. 1,080,784 shares of the company traded hands, compared to its average volume of 3,820,333. Old Republic International has a 52-week low of $17.92 and a 52-week high of $22.34. The firm has a market cap of $5,723.63, a P/E ratio of 10.96 and a beta of 1.36. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.49 and a current ratio of 0.49.

Old Republic International (NYSE:ORI) last announced its quarterly earnings data on Thursday, January 25th. The insurance provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.05. Old Republic International had a net margin of 8.95% and a return on equity of 6.80%. The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the prior year, the company earned $0.43 EPS. Old Republic International’s revenue was up 2.5% compared to the same quarter last year. sell-side analysts expect that Old Republic International will post 1.7 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Monday, March 5th will be paid a $0.195 dividend. This is a boost from Old Republic International’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Friday, March 2nd. This represents a $0.78 annualized dividend and a dividend yield of 3.70%. Old Republic International’s dividend payout ratio is 40.63%.

In other news, Director Glenn W. Reed purchased 5,000 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was acquired at an average price of $20.43 per share, with a total value of $102,150.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.00% of the company’s stock.

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Old Republic International Company Profile

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business.

Insider Buying and Selling by Quarter for Old Republic International (NYSE:ORI)

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