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OLD REPUBLIC INTERNATIONAL ANNOUNCES SECOND QUARTER 2025 EARNINGS CALL
Prnewswire· 2025-07-10 11:00
CHICAGO, July 10, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the second quarter of 2025 before the market opens on Thursday, July 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 888-510-2411, passcode 4060501.Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4060 ...
Old Republic International (ORI) - 2021 FY - Earnings Call Presentation
2025-07-09 11:51
2020 Performance Highlights - Operating EPS reached $2.24, a 22% increase compared to 2019[11] - Operating Revenues totaled $7.31 billion, up 7% from 2019[11] - The combined ratio improved to 93.3, a 2-point improvement from 95.3 in 2019[11] - Book Value Per Share increased by 13% to $20.75, inclusive of dividends, from year-end 2019[11] - Shareholders' Equity rose to $6.19 billion, up from $6.00 billion at the end of 2019[11] 1st Quarter 2021 Highlights - Operating EPS increased by 47% to $0.69, from $0.47 in the first quarter of 2020, driven by underwriting strength in both General Insurance & Title[12] - Net Premiums & Fees Earned increased by 18% to $1.83 billion, driven by Title Insurance (up 40%) and General Insurance (up 1%)[12] - The combined ratio decreased by 4.2 points to 90.9, versus 95.1 last year[12] - Book Value Per Share was $21.59, up 5.1% from 4Q20, inclusive of dividends[12] Business Profile - General Insurance accounted for 53% and Title Insurance for 46% of the company's operating revenue in 2020[14] - The General Insurance segment had $3.8 billion in operating revenue with a steady 96 combined ratio over 15 years[14] - The Title Insurance segment had $3.3 billion in operating revenue with low 90's combined ratios[14] Dividend Record - The company has a shareholder-friendly dividend track record, paying dividends for 80 straight years and increasing the annual dividend for 40 straight years[33]
Fidelity National Financial(FNF) - 2023 Q2 - Earnings Call Presentation
2025-07-01 08:58
FNF Overview - FNF is an industry-leading insurance solutions company with a strong track record of technology innovation, market share growth, and shareholder value creation[9] - FNF's total revenue for FY2022 was $116 billion[9] - FNF holds the 1 market share in the title insurance industry and is 1 or 2 in 39 states[10, 19, 20] - FNF's title market share is 31%[9, 16] - FNF has approximately 23000 employees[9] Title Segment Performance - FNF consistently holds the top market share in residential purchase, refinance, and commercial markets[15] - FNF's adjusted pre-tax title margin in 1H23 was 132%[31, 36, 65] - FNF's scale provides data to evaluate trends and respond to fluctuations in opened and closed orders[27] - FNF's commercial revenue in 1H23 was $504 million[34] F&G Segment Performance - F&G's gross sales in 1H23 were $63 billion, an increase of 11% year-over-year[44, 45] - F&G's assets under management reached a record $463 billion[44, 45, 65] Financial Performance and Capital Allocation - FNF's adjusted net earnings per share for 1H23 was $157[52, 65] - FNF targets a debt-to-capitalization range of 20-30%[54, 61] - FNF's holding company cash and short-term investments were $885 million as of June 30, 2023[63, 67]
Fidelity National Financial(FNF) - 2023 Q3 - Earnings Call Presentation
2025-07-01 08:58
FNF Overview - FNF is the leading provider of title insurance and settlement services with $116 billion in total revenue for FY2022[9] - FNF holds the 1 market share in the title insurance industry and is 1 or 2 in 39 states[10, 20] - F&G is a Top 5 fixed indexed annuity writer in the industry[10] Title Segment Performance - FNF holds a 31% total title market share[9, 16] - FNF's direct title market share is 40% with $2 billion in revenue[18] - FNF's agent title market share is 26% with $5 billion in revenue[18] - FNF consistently delivers industry-leading adjusted pre-tax title margins[35] - The company targets a "normalized" adjusted pre-tax title margin of 15%-20%[27] F&G Segment Performance - F&G's Assets Under Management (AUM) reached a record $474 billion[44, 64] - F&G gross sales were $91 billion YTD 3Q23, a 7% increase year-over-year[44] Financial Performance - Total revenue for 3Q23 was $2778 billion[64] - Adjusted net earnings per share for 3Q23 were $123[64] - The company maintains a strong balance sheet with a 277% debt-to-capitalization ratio as of September 30, 2023[62]
Title Resources Group Appoints Natasha Branch as Underwriting Counsel for North Carolina
Prnewswire· 2025-06-25 12:00
DALLAS, June 25, 2025 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, is pleased to welcome Natasha Branch as Vice President, Education and Underwriting Counsel for North Carolina. Natasha will provide underwriting support and guidance to independent and affiliated title agents throughout North Carolina and the broader Southeast, expanding TRG's footprint in the state. Natasha Branch Natasha Branch "Natasha's depth of knowledge and experience in doing r ...
Covius to Acquire Title365 from Blend
Prnewswire· 2025-06-09 13:00
Acquisition Will Expand Covius' Title Presence and Technology Platform IntegrationsDENVER, June 9, 2025 /PRNewswire/ -- Covius Services, LLC, a leading provider of technology-enabled solutions to the financial services industry, announced today it has signed a definitive agreement to acquire Title365 Holding Co., a national provider of title insurance and settlement services with deep integrations across industry platforms, from Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform for banks ...
STEWART INFORMATION SERVICES CORPORATION DECLARES SECOND QUARTER DIVIDEND
Prnewswire· 2025-06-02 20:15
Group 1 - Stewart Information Services Corporation declared a cash dividend of $0.50 per share for the second quarter of 2025 [1] - The dividend is payable on June 30, 2025, to common stockholders of record on June 16, 2025 [1] Group 2 - Stewart Information Services Corporation is a global real estate services company [2] - The company offers a range of products and services including residential and commercial title insurance, closing and settlement services, and specialized offerings for the mortgage industry [2] - Stewart provides comprehensive services and deep expertise for real estate transactions through its direct operations and network of Stewart Trusted Providers™ [2]
Here's Why First Horizon National (FHN) is a Strong Momentum Stock
ZACKS· 2025-05-22 14:51
Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Group 2: Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Group 3: Value Score - The Value Score identifies attractive and discounted stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Group 4: Growth Score - The Growth Score evaluates stocks based on projected and historical earnings, sales, and cash flow, targeting growth investors interested in sustainable long-term growth [4] Group 5: Momentum Score - The Momentum Score assists investors in capitalizing on price trends by analyzing one-week price changes and monthly earnings estimate changes [5] Group 6: VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Group 7: Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] Group 8: Stock Analysis - First Horizon National (FHN) - First Horizon Corporation, based in Memphis, TN, offers diversified financial services through its subsidiary First Horizon Bank, including regional banking, mortgage lending, and wealth management [11] - FHN holds a 3 (Hold) Zacks Rank with a VGM Score of B, and a Momentum Style Score of B, having increased by 11.7% over the past four weeks [12] - Analysts have revised FHN's earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate rising by $0.04 to $1.71 per share, and an average earnings surprise of 6.5% [12]
Anywhere to Participate in the KBW Virtual Real Estate Finance & Technology Conference
Prnewswire· 2025-05-15 20:37
Company Overview - Anywhere Real Estate Inc. (NYSE: HOUS) is a global leader in residential real estate services, offering integrated services including franchise, brokerage, relocation, title and settlement businesses, as well as mortgage and title insurance underwriter minority-owned joint ventures [3]. Upcoming Event - CEO Ryan Schneider will participate in the KBW Virtual Real Estate Finance & Technology Conference on May 20, 2025, at 12:00 p.m. EST, with the remarks being webcast and archived for 90 days [1][2].
Essent .(ESNT) - 2025 Q1 - Earnings Call Presentation
2025-05-09 11:43
Financial Performance - Net income for 1Q25 was $1754 million, compared to $1679 million in 4Q24[5] - Annualized ROE increased to 125% in 1Q25 from 119% in 4Q24[5] - Shareholders' equity reached $57 billion in 1Q25, up from $56 billion in 4Q24[5] - The combined ratio improved to 318% in 1Q25 from 338% in 4Q24[5] - Book value per share grew to $5522 in Mar-25, with an annualized growth rate of 183% since December 31, 2013[11] Portfolio and Risk Management - U S Mortgage Insurance In Force (IIF) increased to $2447 billion in 1Q25 from $2436 billion in 4Q24[5] - New Insurance Written (NIW) was $99 billion in 1Q25, compared to $122 billion in 4Q24[5] - The portfolio default rate decreased to 219% in 1Q25 from 227% in 4Q24[6] - 97% of IIF is subject to reinsurance protection as of March 31, 2025[6,33,36] - Risk-to-capital ratio improved to 96:1 in 1Q25 from 98:1 in 4Q24[6] Capital Distribution - The company repurchased 39 million common shares for $218 million year-to-date through April 30th[9] - A quarterly dividend of $031 per common share was approved for 2Q25[9]