Old Republic International Co. (NYSE:ORI) declared a quarterly dividend on Tuesday, November 26th, Fidelity reports. Shareholders of record on Friday, December 6th will be given a dividend of 0.20 per share by the insurance provider on Monday, December 16th. This represents a $0.80 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Thursday, December 5th.
ORI traded down $0.18 during midday trading on Tuesday, reaching $22.21. 333,671 shares of the company’s stock were exchanged, compared to its average volume of 1,051,781. Old Republic International has a 1-year low of $19.55 and a 1-year high of $24.10. The stock has a market capitalization of $6.85 billion, a PE ratio of 11.94 and a beta of 0.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.49 and a quick ratio of 0.49. The business’s 50-day moving average price is $22.84 and its 200 day moving average price is $22.79.
Old Republic International (NYSE:ORI) last released its quarterly earnings results on Thursday, October 24th. The insurance provider reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. Old Republic International had a net margin of 10.27% and a return on equity of 9.76%. The business had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period in the prior year, the business earned $0.56 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. As a group, analysts expect that Old Republic International will post 1.75 EPS for the current fiscal year.
A number of equities research analysts have commented on the company. Zacks Investment Research cut Old Republic International from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 16th. ValuEngine raised Old Republic International from a “sell” rating to a “hold” rating in a report on Friday, October 25th.
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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