Old Republic International Corporation (NYSE:ORI) registered a 0.97% increase, still its new closing price is 27.32% up from the company’s 1 year high of 20.81.It posted 6.61% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 3 stock analysts following this company have an average price target at $23.00, with individual PT in the $23.00-$23.00 range. The shares moved at $20.80, implying that brokerage firms see shares gaining about 19.62% in twelve months time.
Old Republic International Corporation (ORI) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 9.47% rise year to date. A Chairman & CEO at Old Republic International Corporation (ORI) acquired shares in a transaction closed on Tuesday November 08, 2016. ZUCARO ALDO C bought 5,000 shares in the company at $16.87 each and collected $84,000 in proceeds. ZUCARO ALDO C now owns 1,825,545 shares in the company after this transaction. A Director in the company, DEW JIMMY A, disclosed a transaction on Tuesday November 01, 2016 that ended up paying $134,001 from the purchase of 8,000 shares at $16.86 per share.
Old Republic International Corporation (NYSE:ORI) Upcoming Results on Tap
Old Republic International Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.32 in that period. Sales during the quarter are predicted to arrive at $1.34 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.53 billion in revenue and EPS of $0.43. The mean forecast was for $1.53 billion and $0.31 a share, respectively. One quarter earlier, revenue for the stock was at $1.49 billion, with earnings at $0.37/share.
Old Republic International Corporation (ORI) Brokerage Update
Old Republic International Corporation (ORI) is in KeyBanc Capital Mkts / McDonald’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by KeyBanc Capital Mkts / McDonald, according to news reported on Friday January 28, 2005.Another important research note was issued by Keefe Bruyette on Wednesday October 27, 2004.The firm downgraded ORI to Mkt Perform from Outperform. Over the last six months and over the last three months, the shares of Old Republic International Corporation (ORI), have changed 10.16% and 26.79%, respectively.
