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

Old Republic International Corporation (NYSE:ORIFree Report) – Research analysts at DOWLING & PARTN cut their FY2027 earnings per share (EPS) estimates for Old Republic International in a research note issued on Friday, July 24th. DOWLING & PARTN analyst A. Mottolese now expects that the insurance provider will post earnings of $3.25 per share for the year, down from their previous forecast of $3.55. The consensus estimate for Old Republic International’s current full-year earnings is $2.82 per share. DOWLING & PARTN also issued estimates for Old Republic International’s FY2028 earnings at $3.30 EPS.

Old Republic International (NYSE:ORIGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The insurance provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.03). The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.38 billion. Old Republic International had a net margin of 11.71% and a return on equity of 15.41%. Old Republic International’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 earnings per share.

Several other analysts also recently commented on ORI. Raymond James Financial set a $44.00 price target on shares of Old Republic International in a research report on Monday, April 27th. Piper Sandler lowered their price objective on shares of Old Republic International from $40.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday. Weiss Ratings restated a “buy (b)” rating on shares of Old Republic International in a research note on Wednesday, July 8th. Finally, Zacks Research raised shares of Old Republic International from a “strong sell” rating to a “hold” rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $41.50.

Read Our Latest Stock Analysis on Old Republic International

Old Republic International Stock Performance

Shares of ORI opened at $43.08 on Tuesday. The company’s 50 day simple moving average is $39.92 and its 200-day simple moving average is $40.52. The firm has a market cap of $10.46 billion, a PE ratio of 10.18 and a beta of 0.58. 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 0.68, a quick ratio of 0.23 and a debt-to-equity ratio of 0.38.

Institutional Trading of Old Republic International

Several hedge funds have recently made changes to their positions in ORI. Wilmington Savings Fund Society FSB raised its position in Old Republic International by 28.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,013 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 222 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in Old Republic International by 5.0% in the fourth quarter. Aptus Capital Advisors LLC now owns 5,421 shares of the insurance provider’s stock valued at $247,000 after acquiring an additional 257 shares during the period. waypoint wealth counsel boosted its position in shares of Old Republic International by 3.3% during the 4th quarter. waypoint wealth counsel now owns 8,402 shares of the insurance provider’s stock worth $383,000 after purchasing an additional 265 shares in the last quarter. Waverly Advisors LLC boosted its position in shares of Old Republic International by 2.3% during the 1st quarter. Waverly Advisors LLC now owns 12,760 shares of the insurance provider’s stock worth $509,000 after purchasing an additional 288 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Old Republic International by 1.1% during the 1st quarter. Pacer Advisors Inc. now owns 27,033 shares of the insurance provider’s stock worth $1,079,000 after purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 70.92% of the company’s stock.

Insider Activity

In other news, SVP Carolyn Monroe sold 13,330 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $38.76, for a total transaction of $516,670.80. Following the completion of the sale, the senior vice president owned 32,261 shares in the company, valued at $1,250,436.36. This represents a 29.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.32% of the company’s stock.

Old Republic International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a $0.315 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 2.9%. Old Republic International’s payout ratio is presently 29.79%.

About Old Republic International

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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.

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