For its first fiscal quarter (ending March 31), Old Republic International Corp (NYSE: ORI) has reported E.P.S. of $1.17 compared to $0.68 a year ago. E.P.S. were $2.61 for the latest four quarters through March 31 versus $1.98 for the same period a year ago.
Recent Price Action
On 4/25/24, Old Republic International Corp (NYSE: ORI) stock declined slightly by -0.9%, closing at $30.02. Moreover, this decline was accompanied by unusually high trading volume at 197% of normal. Relative to the market the stock has been strong over the last nine months and has risen 4.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ORI is expected to continue to be a Value Builder.
Old Republic has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Old Republic has a neutral Appreciation Score of 52 but a good Power Rating of 73, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment