Old Republic International Corp. (NYSE: ORI) has a higher price-to-earnings ratio of 13.83x compared to its average ratio. ORI has 36-month beta value of 0.83. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ORI is 257.86M, and currently, short sellers hold a 0.85% ratio of that float. The average trading volume of ORI on April 17, 2024 was 1.75M shares.
ORI) stock’s latest price update
The stock price of Old Republic International Corp. (NYSE: ORI) has surged by 0.21 when compared to previous closing price of 28.91, but the company has seen a -3.79% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-16 that Multiline insurers like MetLife (MET), Prudential Financial (PRU), MGIC Investment (MTG), CNO Financial (CNO) and Old Republic (ORI), which have a solid dividend history, offer a breather amid volatility.
ORI’s Market Performance
ORI’s stock has fallen by -3.79% in the past week, with a monthly drop of -1.06% and a quarterly drop of -2.00%. The volatility ratio for the week is 1.94% while the volatility levels for the last 30 days are 1.50% for Old Republic International Corp. The simple moving average for the past 20 days is -3.67% for ORI’s stock, with a 2.96% simple moving average for the past 200 days.
Analysts’ Opinion of ORI
Many brokerage firms have already submitted their reports for ORI stocks, with Piper Sandler repeating the rating for ORI by listing it as a “Overweight.” The predicted price for ORI in the upcoming period, according to Piper Sandler is $32 based on the research report published on February 12, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see ORI reach a price target of $27. The rating they have provided for ORI stocks is “Neutral” according to the report published on May 17th, 2023.
Raymond James gave a rating of “Outperform” to ORI, setting the target price at $28 in the report published on April 29th of the previous year.
ORI Trading at -0.91% from the 50-Day Moving Average
After a stumble in the market that brought ORI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.19% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -0.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.47% upper at present.
During the last 5 trading sessions, ORI fell by -3.79%, which changed the moving average for the period of 200-days by +15.23% in comparison to the 20-day moving average, which settled at $30.07. In addition, Old Republic International Corp. saw -1.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ORI starting from ADACHI BARBARA, who purchase 1,925 shares at the price of $28.60 back on Feb 16 ’24. After this action, ADACHI BARBARA now owns 7,845 shares of Old Republic International Corp., valued at $55,055 using the latest closing price.
MONROE CAROLYN, the SVP – Title Insurance of Old Republic International Corp., sale 6,528 shares at $27.71 during a trade that took place back on Feb 02 ’24, which means that MONROE CAROLYN is holding 0 shares at $180,920 based on the most recent closing price.
Stock Fundamentals for ORI
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.99 for the gross margin
The net margin for Old Republic International Corp. stands at 0.08. The total capital return value is set at 0.06. Equity return is now at value 9.52, with 2.94 for asset returns.
Based on Old Republic International Corp. (ORI), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 9.44.
Currently, EBITDA for the company is 598.6 million with net debt to EBITDA at 2.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.29. The receivables turnover for the company is 0.99for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.
Conclusion
To put it simply, Old Republic International Corp. (ORI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
