In a report released today, Matthew Carletti from JMP Securities reiterated a Hold rating on Old Republic International (ORI – Research Report). The company’s shares closed yesterday at $30.02.
According to TipRanks, Carletti is a 5-star analyst with an average return of 11.3% and a 59.57% success rate. Carletti covers the Financial sector, focusing on stocks such as Chubb, Amerisafe, and Employers Holdings.
Old Republic International has an analyst consensus of Moderate Buy, with a price target consensus of $38.00.
The company has a one-year high of $31.22 and a one-year low of $23.17. Currently, Old Republic International has an average volume of 1.85M.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ORI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
