What is DOWLING & PARTN’s Forecast for ORI FY2027 Earnings?

Old Republic International Corporation (NYSE:ORI) – Investment analysts at DOWLING & PARTN issued their FY2027 earnings per share estimates for shares of Old Republic International in a research report issued to clients and investors on Wednesday, May 20th. DOWLING & PARTN analyst A. Mottolese anticipates that the insurance provider will post earnings per share of $3.55 for the year. The consensus estimate for Old Republic International’s current full-year earnings is $2.95 per share.

Old Republic International (NYSE:ORI) last posted its quarterly earnings results on Thursday, April 23rd. The insurance provider reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.11). The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.39 billion. Old Republic International had a return on equity of 15.71% and a net margin of 10.83%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share.

Other analysts also recently issued research reports about the company. Zacks Research downgraded Old Republic International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Piper Sandler raised their price objective on Old Republic International from $38.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Raymond James Financial set a $44.00 price objective on Old Republic International in a research note on Monday, April 27th. Finally, Weiss Ratings downgraded Old Republic International from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $42.00.

Old Republic International Stock Performance

Shares of Old Republic International stock opened at $38.40 on Thursday. The company has a market capitalization of $9.32 billion, a PE ratio of 10.29 and a beta of 0.63. Old Republic International has a 12 month low of $35.60 and a 12 month high of $46.76. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $40.01 and its 200 day simple moving average is $41.96.

Institutional Trading of Old Republic International

Several hedge funds and other institutional investors have recently modified their holdings of ORI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Old Republic International by 30.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,157 shares of the insurance provider’s stock valued at $477,000 after purchasing an additional 2,867 shares during the period. NewEdge Advisors LLC raised its stake in shares of Old Republic International by 121.9% in the 1st quarter. NewEdge Advisors LLC now owns 24,069 shares of the insurance provider’s stock valued at $944,000 after purchasing an additional 13,224 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Old Republic International by 122.1% in the 1st quarter. Jones Financial Companies Lllp now owns 4,534 shares of the insurance provider’s stock valued at $178,000 after purchasing an additional 2,493 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Old Republic International by 10.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,593,065 shares of the insurance provider’s stock valued at $62,480,000 after purchasing an additional 148,891 shares during the period. Finally, Sivia Capital Partners LLC raised its stake in shares of Old Republic International by 31.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 8,414 shares of the insurance provider’s stock valued at $323,000 after purchasing an additional 2,028 shares during the period. Institutional investors and hedge funds own 70.92% of the company’s stock.

Insider Activity

In other Old Republic International news, SVP Carolyn Monroe sold 13,330 shares of Old Republic International stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $38.76, for a total value of $516,670.80. Following the sale, the senior vice president owned 32,261 shares of the company’s stock, valued at $1,250,436.36. This trade represents a 29.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Eric Smith purchased 1,135 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was purchased at an average cost of $43.10 per share, for a total transaction of $48,918.50. Following the purchase, the director directly owned 4,276 shares in the company, valued at approximately $184,295.60. This trade represents a 36.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.32% of the company’s stock.

Old Republic International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be paid a $0.315 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.26 annualized dividend and a dividend yield of 3.3%. Old Republic International’s dividend payout ratio (DPR) is currently 33.78%.

About Old Republic International

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety.