Old Republic International Corp (NYSE: ORI) has reported earnings for its third fiscal quarter (ending September 30) of $1.35 versus $0.19 for the same period a year ago — an increase of 611%. For the latest four quarters through September 30, E.P.S. were $3.56 versus $3.17 for the same period a year ago — an increase of 12%.
Recent Price Action
Old Republic International Corp (NYSE: ORI) stock declined by -2.4% on 10/24/24. The shares closed at $34.93. Moreover, trading volume in this decline was above average at 144% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ORI is expected to continue to be a Value Builder.
Old Republic has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Old Republic has a neutral Appreciation Score of 50 but a good Power Rating of 84, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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