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 ...

NEWS RELEASE At Old Republic: At Financial Relations Board: Craig R. Smiddy, President and CEO Analysts/Investors: Joe Calabrese 212/827-3772 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------|---------|--------------|-------|-----------------------------------------------|------------------------------|-------|---------------------|-------|------------------------------------------------------|-----------------| | OLD REPUBLIC REPORTS OV ...

Company Performance - Old Republic International (ORI) reported quarterly earnings of $1.32 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and up from $0.72 per share a year ago, representing an earnings surprise of 88.57% [1] - The company posted revenues of $2.14 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.82%, and an increase from $1.95 billion year-over-year [1] - Over the last four quarters, Old Republic has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [1] Stock Performance - Old Republic shares have increased by approximately 21.7% since the beginning of the year, compared to the S&P 500's gain of 21.5% [2] - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $2.06 billion, and for the current fiscal year, it is $2.83 on revenues of $7.99 billion [4] Industry Outlook - The Insurance - Multi line industry, to which Old Republic belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook [5] - Corebridge Financial (CRBG), another company in the same industry, is expected to report quarterly earnings of $1.17 per share, reflecting a year-over-year change of +11.4%, with revenues anticipated to be $5.72 billion, up 40.2% from the previous year [5]

CHICAGO, Oct. 24, 2024 /PRNewswire/ --OVERALL RESULTS Quarters Ended September 30, Nine Months Ended September 30, 2024 2023 % Change 2024 2023 % Change Pretax income $   426.9 $     63.9 $   939.0 <td colspan="1" nowrap rowspan="1" height ...

Wall Street analysts expect Old Republic International (ORI) to post quarterly earnings of $0.70 per share in its upcoming report, which indicates a year-over-year decline of 2.8%. Revenues are expected to be $2.07 billion, up 6.1% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company' ...

CHICAGO, Oct. 10, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the third quarter of 2024 before the market opens on Thursday, October 24, 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 800-715-9871, passcode 4060501. Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4 ...