Piper Sandler Sees Earnings Upside for Old Republic (ORI) as Housing Outlook Improves

Group 1 - Old Republic International Corporation (NYSE:ORI) is recognized as one of the 11 Best Low Priced Dividend Stocks to Buy according to analysts [1] - Piper Sandler has raised the price target for Old Republic to $51 from $46, maintaining an Overweight rating, citing the potential for stronger earnings as the housing market recovers [2] - The company announced a definitive agreement to acquire Everett Cash Mutual Insurance Co., which had $237 million in direct written premiums in 2024, indicating a strategic expansion in the farmowners and commercial agricultural market [3][4] Group 2 - Old Republic's President & CEO, Craig R. Smiddy, emphasized the strategic fit of ECM's expertise with ORI's portfolio, highlighting the potential for sustained profitable growth [4]