Old Republic International Corp (NYSE: ORI) is 7.54% higher on its value in year-to-date trading and has touched a low of $25.69 and a high of $37.39 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 $36.31 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $36.76, the stock is 2.50% and 3.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing 1.24% at the moment leaves the stock 13.06% off its SMA200. ORI registered 41.48% gain for a year compared to 6-month gain of 16.22%. The firm has a 50-day simple moving average (SMA 50) of $36.493 and a 200-day simple moving average (SMA200) of $34.14835.
The stock witnessed a 7.93% loss in the last 1 month and extending the period to 3 months gives it a 12.32%, and is -0.35% down 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 1.48% over the week and 1.85% over the month.
Old Republic International Corp (ORI) has around 9200 employees, a market worth around $9.32B and $8.23B in sales. Current P/E ratio is 11.36 and Fwd P/E is 10.61. Profit margin for the company is 10.36%. Distance from 52-week low is 43.12% and -1.68% from its 52-week high. The company has generated returns on investments over the last 12 months (10.11%).
The EPS is expected to grow by 6.44% this year
721.0 institutions hold shares in Old Republic International Corp (ORI), with institutional investors hold 77.52% of the company’s shares. The shares outstanding are 253.56M, and float is at 233.29M with Short Float at 1.17%. Institutions hold 71.35% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 29.85 million shares valued at $922.33 million. The investor’s holdings represent 10.9849 of the ORI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 27.05 million shares valued at $835.85 million to account for 9.9549 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.44 million shares representing 4.5773 and valued at over $384.32 million, while VICTORY CAPITAL MANAGEMENT INC holds 4.2618 of the shares totaling 11.58 million with a market value of $357.83 million.
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 9,188 shares of the company’s common stock on Feb 04 ’25 at a price of $36.35 per share for a total of $0.33 million. Following the sale, the insider now owns 33556.0 shares.
Still, SEC filings show that on Jan 31 ’25, LANGE JEFFREY (SVPUnderwriting & Distribution) disposed off 1,098 shares at an average price of $36.56 for $40143.0. The insider now directly holds 34,679 shares of Old Republic International Corp (ORI).
