Old Republic International Corp. (NYSE: ORI) is 16.43% higher on its value in year-to-date trading and has touched a low of $26.08 and a high of $34.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORI stock was last observed hovering at around $33.77 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $34.23, the stock is 2.62% and 7.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 1.36% at the moment leaves the stock 14.19% off its SMA200. ORI registered 23.98% gain for a year compared to 6-month gain of 19.77%.
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The stock witnessed a 6.70% loss in the last 1 month and extending the period to 3 months gives it a 8.91%, and is 2.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.26% over the week and 1.67% over the month.
Old Republic International Corp. (ORI) has around 9200 employees, a market worth around $8.85B and $7.59B in sales. Current P/E ratio is 14.44 and Fwd P/E is 11.27. Profit margin for the company is 8.59%. Distance from 52-week low is 31.28% and -2.14% from its 52-week high. The company has generated returns on investments over the last 12 months (8.13%).
Old Republic International Corp. quarterly earnings per share for the current quarter are estimated at $0.73 with sales reaching $2.05B over the same period.The EPS is expected to grow by 9.77% this year, but quarterly earnings will post 7.00% year-over-year.
The shares outstanding are 278.39M, and float is at 239.17M with Short Float at 1.31%.
Old Republic International Corp. (ORI) Insider Activity
The most recent transaction is an insider sale by MONROE CAROLYN, the company’s SVP – Title Insurance. SEC filings show that MONROE CAROLYN sold 4,503 shares of the company’s common stock on Jun 03 ’24 at a price of $31.28 per share for a total of $0.14 million. Following the sale, the insider now owns 33556.0 shares.
Old Republic International Corp. disclosed in a document filed with the SEC on May 06 ’24 that DARE THOMAS (SrVP Secretary General Counsel) sold a total of 1,292 shares of the company’s common stock. The trade occurred on May 06 ’24 and was made at $30.95 per share for $39987.0. Following the transaction, the insider now directly holds 47764.0 shares of the ORI stock.
Still, SEC filings show that on May 01 ’24, MONROE CAROLYN (SVP – Title Insurance) disposed off 3,377 shares at an average price of $30.04 for $0.1 million. The insider now directly holds 33,556 shares of Old Republic International Corp. (ORI).
