ORI Stock Summary and Trading Ideas (Old Republic Intl | NYSE:ORI)

Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the US.

Old Republic Intl trades on the NYSE stock market under the symbol ORI.

As of April 24, 2024, ORI stock price declined to $30.30 with 2,822,281 million shares trading.

ORI has a beta of 0.36, meaning it tends to be less sensitive to market movements. ORI has a correlation of 0.08 to the broad based SPY ETF.

ORI has a market cap of $9.00 billion. This is considered a Mid Cap stock.

Last quarter Old Republic Intl reported $2 billion in Revenue and $.69 earnings per share. This fell short of revenue expectation by $-29 million and missed earnings estimates by -$.02.

In the last 3 years, ORI stock traded as high as $31.22 and as low as $20.28.

The top ETF exchange traded funds that ORI belongs to (by Net Assets): IJH, VTI, VB, DVY, VBR.

ORI has underperformed the market in the last year with a return of +23.9%, while the SPY ETF gained +24.2%. In the last 3 month period, ORI fell short of the market, returning +1.2%, while SPY returned +4.6%. However, in the most recent 2 weeks ORI has outperformed the stock market by returning +0.6%, while SPY returned -2.7%.

ORI support price is $29.95 and resistance is $30.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ORI stock will trade within this expected range on the day.