Old Republic International Corp. [NYSE: ORI] stock went on a downward path that fall over -0.92% on Thursday, amounting to a one-week price increase of more than 3.09%.
Over the last 12 months, ORI stock rose by 21.93%. The one-year Old Republic International Corp. stock forecast points to a potential upside of 11.71. The average equity rating for ORI stock is currently 2.25, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $8.35 billion, with 278.39 million shares outstanding and 257.86 million shares in the current float. Compared to the average trading volume of 1.86M shares, ORI stock reached a trading volume of 3554796 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Old Republic International Corp. [ORI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ORI shares is $34.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ORI stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Old Republic International Corp. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on February 12, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Neutral. The new note on the price target was released on May 17, 2023, representing the official price target for Old Republic International Corp. stock. Previously, the target price had yet another drop from $30 to $28, while Raymond James kept a Outperform rating on ORI stock.
The Average True Range (ATR) for Old Republic International Corp. is set at 0.59, with the Price to Sales ratio for ORI stock in the period of the last 12 months amounting to 1.15. The Price to Book ratio for the last quarter was 1.30. Price to Free Cash Flow for ORI in the course of the last twelve months was 9.49.
ORI Stock Performance Analysis:
Old Republic International Corp. [ORI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.09. With this latest performance, ORI shares gained by 0.17% in over the last four-week period, additionally plugging by 11.52% over the last 6 months – not to mention a rise of 21.93% 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 53.43, with the RSI for the last a single of trading hit 54.05, and the three-weeks RSI is set at 53.44 for Old Republic International Corp. [ORI]. The present Moving Average for the last 50 days of trading for this stock 29.52, while it was recorded at 30.12 for the last single week of trading, and 28.32 for the last 200 days.
Insight into Old Republic International Corp. Fundamentals:
Old Republic International Corp.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.56.
ORI Stock EPS
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 Corp. go to 10.00%.
Old Republic International Corp. [ORI] Institutonal Ownership Details
The top three institutional holders of ORI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ORI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ORI stock with ownership which is approximately 5.8386%.
