On Tuesday, Old Republic International Corp (NYSE: ORI) opened higher 1.41% from the last session, before settling in for the closing price of $34.65. Price fluctuations for ORI have ranged from $27.19 to $36.50 over the past 52 weeks.
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Annual sales at Financial sector company grew by 5.33% over the past five years. Company’s average yearly earnings per share was noted 6.90% at the time writing. With a float of $238.27 million, this company’s outstanding shares have now reached $278.39 million.
Let’s look at the performance matrix of the company that is accounted for 9200 employees. In terms of profitability, gross margin is 99.43%, operating margin of 2.39%, and the pretax margin is 2.97%.
Old Republic International Corp (ORI) Insider Updates
A key investor’s attitude towards the stock of the Insurance – Property & Casualty industry is another important factor to consider. The insider ownership of Old Republic International Corp is 7.82%, while institutional ownership is 71.85%. The most recent insider transaction that took place on Jun 03 ’24, was worth 140,854. In this transaction SVP – Title Insurance of this company sold 4,503 shares at a rate of $31.28, taking the stock ownership to the 33,556 shares. Before that another transaction happened on May 06 ’24, when Company’s SrVP Secretary General Counsel sold 1,292 for $30.95, making the entire transaction worth $39,987. This insider now owns 47,764 shares in total.
Old Republic International Corp (ORI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 6.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 11.06% growth over the previous five years of trading.
Old Republic International Corp (NYSE: ORI) Trading Performance Indicators
Check out the current performance indicators for Old Republic International Corp (ORI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09. Likewise, its price to free cash flow for the trailing twelve months is 7.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.50, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.19 in one year’s time.
Technical Analysis of Old Republic International Corp (ORI)
Old Republic International Corp (NYSE: ORI) saw its 5-day average volume 1.1 million, a negative change from its year-to-date volume of 1.43 million. As of the previous 9 days, the stock’s Stochastic %D was 30.09%. Additionally, its Average True Range was 0.59.
During the past 100 days, Old Republic International Corp’s (ORI) raw stochastic average was set at 80.54%, which indicates a significant increase from 36.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.70% in the past 14 days, which was higher than the 17.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.35, while its 200-day Moving Average is $31.86. Nevertheless, the first resistance level for the watch stands at $35.37 in the near term. At $35.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.02. If the price goes on to break the first support level at $34.72, it is likely to go to the next support level at $34.29. Assuming the price breaks the second support level, the third support level stands at $34.07.
Old Republic International Corp (NYSE: ORI) Key Stats
There are currently 258,494K shares outstanding in the company with a market cap of 8.91 billion. Presently, the company’s annual sales total 7,258 M according to its annual income of 598,700 K. Last quarter, the company’s sales amounted to 2,342 M and its income totaled 338,900 K.
