Old Republic International Corp. (ORI) to Release Earnings on Thursday
Old Republic International Corp. (NYSE:ORI) is scheduled to release its earnings data on Thursday, January 23rd. Parties interested in listening to the company’s conference call can do so using this link.
Old Republic International Corp. (NYSE:ORI) last released its earnings data on Thursday, October 24th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.17. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, analysts expect Old Republic International Corp. to post $1.12 EPS for the current fiscal year and $1.03 EPS for the next fiscal year.
Shares of Old Republic International Corp. (NYSE:ORI) opened at 16.76 on Wednesday. Old Republic International Corp. has a 52 week low of $11.05 and a 52 week high of $17.45. The stock’s 50-day moving average is $16.74 and its 200-day moving average is $15.60. The company has a market cap of $4.313 billion and a P/E ratio of 13.86.
A number of research firms have recently commented on ORI. Analysts at Macquarie initiated coverage on shares of Old Republic International Corp. in a research note to investors on Tuesday, January 7th. They set a “neutral” rating on the stock. On a related note, analysts at Zacks downgraded shares of Old Republic International Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 25th. They now have a $18.60 price target on the stock. Finally, analysts at JMP Securities initiated coverage on shares of Old Republic International Corp. in a research note to investors on Tuesday, December 17th. They set a “market perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $27.15.
Old Republic International Corporation (NYSE:ORI) is a holding company engaged in the single business of insurance underwriting.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.