JMP Securities slashes price target on Old Republic International Corporation [ORI] – find out why.

Old Republic International Corporation [NYSE: ORI] stock went on an upward path that rose over 1.76% on Wednesday, amounting to a one-week price increase of more than 0.42%. The company report on December 18, 2020 that Old Republic Declares A Special, One-Time Cash Dividend Of $1.00 Per Share.

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The Board of Directors of Old Republic International Corporation (NYSE: ORI) has declared a special, one-time cash dividend of $1.00 per share. The dividend will be paid on January 15, 2021 to shareholders of record on January 5, 2021.

At its most recent quarterly meeting, the Board of Directors evaluated a number of factors critical to the long-term management of Old Republic’s diversified insurance business. Key among such factors were:.

Over the last 12 months, ORI stock dropped by -14.20%. The average equity rating for ORI stock is currently 2.30, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $5.80 billion, with 297.73 million shares outstanding and 285.83 million shares in the current float. Compared to the average trading volume of 1.90M shares, ORI stock reached a trading volume of 2222426 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Old Republic International Corporation [ORI]:

JMP Securities have made an estimate for Old Republic International Corporation shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 12, 2019. The new note on the price target was released on February 12, 2018, representing the official price target for Old Republic International Corporation stock. On January 28, 2011, analysts decreased their price target for ORI shares from 19 to 16.

The Average True Range (ATR) for Old Republic International Corporation is set at 0.42, with the Price to Sales ratio for ORI stock in the period of the last 12 months amounting to 0.85. The Price to Book ratio for the last quarter was 0.94, with the Price to Cash per share for the same quarter was set at 0.31. Price to Free Cash Flow for ORI in the course of the last twelve months was 6.98.

ORI Stock Performance Analysis:

Old Republic International Corporation [ORI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.42. With this latest performance, ORI shares gained by 3.92% in over the last four-week period, additionally plugging by 18.28% over the last 6 months – not to mention a drop of -14.20% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ORI stock in for the last two-week period is set at 59.59, with the RSI for the last a single of trading hit 60.36, and the three-weeks RSI is set at 59.31 for Old Republic International Corporation [ORI]. The present Moving Average for the last 50 days of trading for this stock 17.75, while it was recorded at 18.90 for the last single week of trading, and 16.26 for the last 200 days.

Insight into Old Republic International Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Old Republic International Corporation [ORI] shares currently have an operating margin of +18.89. Old Republic International Corporation’s Net Margin is presently recorded at +14.64.

Return on Total Capital for ORI is now 20.80, given the latest momentum, and Return on Invested Capital for the company is 16.13. Return on Equity for this stock inclined to 18.96, with Return on Assets sitting at 5.15. When it comes to the capital structure of this company, Old Republic International Corporation [ORI] has a Total Debt to Total Equity ratio set at 16.23. Additionally, ORI Total Debt to Total Capital is recorded at 13.97, with Total Debt to Total Assets ending up at 4.55. Long-Term Debt to Equity for the company is recorded at 16.23, with the Long-Term Debt to Total Capital now at 13.97.

Reflecting on the efficiency of the workforce at the company, Old Republic International Corporation [ORI] managed to generate an average of $117,378 per employee.

ORI Stock EPS

With the latest financial reports released by the company, Old Republic International Corporation posted 0.47/share EPS, while the average EPS was predicted by analysts to be reported at 0.41/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 14.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ORI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Old Republic International Corporation go to 10.00%.

Old Republic International Corporation [ORI] Insider Position Details

There are presently around $4,276 million, or 75.90% of ORI stock, in the hands of institutional investors. The top three institutional holders of ORI stocks are: BLACKROCK INC. with ownership of 28,340,780, which is approximately -8.1% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 25,850,994 shares of the stock with an approximate value of $493.5 million in ORI stocks shares; and STATE STREET CORP, currently with $469.22 million in ORI stock with ownership of nearly 1.737% of the company’s market capitalization.

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Positions in Old Republic International Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 181 institutional holders increased their position in Old Republic International Corporation [NYSE:ORI] by around 19,481,191 shares. Additionally, 206 investors decreased positions by around 23,071,989 shares, while 72 investors held positions by with 181,416,334 shares. The mentioned changes placed institutional holdings at 223,969,514 shares, according to the latest SEC report filing. ORI stock had 55 new institutional investments in for a total of 4,178,383 shares, while 50 institutional investors sold positions of 2,208,787 shares during the same period.

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