Old Republic International (ORI) Expected to Announce Earnings on Thursday

Old Republic International (NYSE:ORI) is expected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.71 per share and revenue of $2,113,450.00 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Old Republic International Price Performance

ORI stock opened at $36.07 on Tuesday. The company has a market cap of $9.15 billion, a price-to-earnings ratio of 12.44 and a beta of 0.88. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.31. The firm has a 50 day moving average of $36.65 and a 200-day moving average of $35.28. Old Republic International has a 12-month low of $27.19 and a 12-month high of $39.27.

Old Republic International Announces Dividend

The company also recently announced a special dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Friday, January 3rd. Old Republic International’s payout ratio is 36.55%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler raised their price target on Old Republic International from $36.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, October 21st.

Old Republic International Company Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business.