Core Viewpoint - Old Republic International (ORI) reported quarterly earnings of $0.90 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, and showing an increase from $0.69 per share a year ago, indicating a strong earnings surprise of 34.33% [1][2] Financial Performance - The company achieved revenues of $2.16 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.03% and up from $1.94 billion year-over-year [2] - Over the last four quarters, Old Republic has consistently exceeded consensus EPS estimates and revenue expectations [2] Stock Performance and Outlook - Old Republic shares have declined approximately 1.2% since the beginning of the year, contrasting with the S&P 500's gain of 3.5% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $0.74, with expected revenues of $2.02 billion, and for the current fiscal year, the EPS estimate is $3.08 on revenues of $8.72 billion [7] - The estimate revisions trend for Old Republic is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [6] Industry Context - The Insurance - Multi line industry, to which Old Republic belongs, is currently ranked in the bottom 45% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Old Republic's stock may also be influenced by the overall outlook for the industry [8]

Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated. CHICAGO, Jan. 23, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the following results for the fourth quarter and full year 2024: Fourth quarter net income per diluted share of $0.42, compared to $0.69 last year. Fourth quarter net operating income (net income excluding investment gains or losses) per diluted share of $0.90, compared to $0.69 last year. Consolidate ...

Analysts on Wall Street project that Old Republic International (ORI) will announce quarterly earnings of $0.67 per share in its forthcoming report, representing a decline of 2.9% year over year. Revenues are projected to reach $2.11 billion, increasing 8.9% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company r ...

Old Republic International Corporation (ORI) has been trading below its 50-day simple moving average (SMA), signaling a short-term bearish trend. As of Jan. 14, 2025, its share price was $34.55, down 12% from its 52-week high of $39.27.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend. With a market capitalization of $8.8 billion, Old Republic International is th ...

CHICAGO, Jan. 9, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the fourth quarter of 2024 before the market opens on Thursday, January 23, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 888-510-2411, passcode 4060501. Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4 ...

CHICAGO, Jan. 6, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced that it is forming a new underwriting subsidiary to provide Cyber and Technology Errors and Omission (E&O) insurance products. The new company, Old Republic Cyber, Inc., will focus on providing specialized Cyber- and Technology-related coverage and will be led by CJ Pruzinsky as President and Kevin McGowan as Executive Vice President and Chief Underwriting Officer. A graduate of William Paterson Univer ...

CHICAGO, Dec. 13, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a special cash dividend of $2.00 per share. This special dividend is payable on January 15, 2025 to shareholders of record on January 3, 2025 and will return approximately $500 million to shareholders. In the fourth quarter to date, Old Republic has purchased $174 million under a $1.1 billion share repurchase authorization approved by the Board on February 29, 2024, ...

Old Republic International Corporation (ORI) shares are trading at a discount to the Zacks Multi-line Insurance industry. Its forward price-to-book value of 1.43X is lower than the industry average of 2.31X, the Finance sector’s 3.72X and the Zacks S&P 500 composite’s 8.83X. It has a Value Score of A. Image Source: Zacks Investment ResearchThe insurer has a market capitalization of $9.23 billion. The average volume of shares traded in the last three months was 1.12 million.The stock remains attractively val ...

Most of us are likely familiar with the phrase, A Face Only A Mother Could Love, implying that a mother could find love and beauty in anything. For retirees, I'm sure that same logic applies to stocks thatContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. ...

For the quarter ended September 2024, Old Republic International (ORI) reported revenue of $2.14 billion, up 10.1% over the same period last year. EPS came in at $1.32, compared to $0.72 in the year-ago quarter.The reported revenue represents a surprise of +3.82% over the Zacks Consensus Estimate of $2.07 billion. With the consensus EPS estimate being $0.70, the EPS surprise was +88.57%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...