JMP Securities analyst Matthew Carletti maintained a Hold rating on Old Republic International (ORI – Research Report) today. The company’s shares closed yesterday at $27.25.
According to TipRanks, Carletti is a 3-star analyst with an average return of 0.9% and a 53.74% success rate. Carletti covers the Financial sector, focusing on stocks such as Old Republic International, ProAssurance, and Hanover Insurance.
Currently, the analyst consensus on Old Republic International is a Hold with an average price target of $31.00.
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ORI market cap is currently $7.75B and has a P/E ratio of 10.44.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is neutral on the stock.
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Old Republic International (ORI) Company Description:
Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance Group, Title Insurance Group, and Republic Financial Indemnity Group Run-off Business. The General Insurance Group segment involves in providing property and liability insurance to commercial clients. The Title Insurance Group segment includes issuance of policies to real estate purchasers and investors. The Republic Financial Indemnity Group Run-off Business segment consists of mortgage guaranty and consumer credit indemnity operations. The company was founded in 1923 and is headquartered in Chicago, IL.
Read More on ORI:
- Old Republic management to meet with JMP Securities
- Old Republic announces formation of new accident & health company
- Old Republic management to meet with Piper Sandler
- OLD REPUBLIC DECLARES THIRD QUARTER REGULAR CASH DIVIDEND OF 24.5 CENTS PER SHARE
- Old Republic price target raised to $31 from $27 at Piper Sandler
