Old Republic International (ORI) to Release Earnings on Thursday

Old Republic International (NYSE:ORI) will likely be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect Old Republic International to post earnings of $0.71 per share and revenue of $2,113,450.00 billion for the quarter.

Old Republic International Trading Up 1.7 %

ORI opened at $35.15 on Thursday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.31. The firm has a market cap of $8.91 billion, a price-to-earnings ratio of 12.12 and a beta of 0.88. Old Republic International has a 12 month low of $27.19 and a 12 month high of $39.27. The stock has a fifty day moving average price of $36.69 and a 200-day moving average price of $35.13.

Old Republic International Announces Dividend

The company also recently declared a special dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were given a dividend of $2.00 per share. The ex-dividend date was Friday, January 3rd. Old Republic International’s payout ratio is 36.55%.

Wall Street Analyst Weigh In

Separately, Piper Sandler lifted their price objective on shares of Old Republic International from $36.00 to $37.00 and gave the stock an “overweight” rating in a research report 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.