ORI Stock Recent News

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Old Republic International (ORI) have what it takes?

Old Republic International is a member of the "Dividend Insurance Champion" club, currently facing reduced underwriting margins due to claims inflation and diminished profitability in its title insurance business. Nonetheless, the company has still a strong position in title insurance and benefits from a profitable growth in the commercial insurance segment. Thanks to its strong commercial footprint and underwriting discipline, the insurance carrier has successfully rewarded shareholders with consistent dividend payments and share repurchases.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Old Republic International (ORI) have what it takes?

CHICAGO , Aug. 16, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per share. This dividend is payable on September 16, 2024 to shareholders of record on September 6, 2024.

TORONTO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- InsureMyTrip, Canada's rapidly growing travel insurance comparison website, is excited to announce the launch of TIPS Youth Premier Plan underwritten by Old Republic Insurance Company of Canada, a plan tailored specifically for travellers up to age 29.  The All-Inclusive plan offers extensive benefits at a competitive price, ensuring young travellers are well-protected during their adventures.

Does Old Republic International (ORI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Old Republic International (ORI) have what it takes?

While the top- and bottom-line numbers for Old Republic (ORI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Old Republic International (ORI) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.62 per share a year ago.

CHICAGO , July 25, 2024 /PRNewswire/ -- OVERALL RESULTS Quarters Ended June 30, Six Months Ended June 30, 2024 2023 % Change 2024 2023 % Change Pretax income $   113.3 $   196.9 $   512.1 $   446.1 Pretax investment gains (losses) (140.5) (30.4) 26.6 (4.2) Pretax income excluding investment gains (losses) $   253.8 $   227.3 11.6 % $   485.4 $   450.3 7.8 % Net income $     91.8 $   155.5 $   408.6 $   355.4 Net of tax investment gains (losses) (110.6) (24.0) 21.4 (3.3) Net income excluding investment gains (losses) $   202.4 $   179.6 12.7 % $   387.2 $   358.8 7.9 % Combined ratio 93.5 % 92.6 % 93.8 % 92.6 % PER DILUTED SHARE Quarters Ended June 30, Six Months Ended June 30, 2024 2023 % Change 2024 2023 % Change Net income $     0.35 $     0.54 $     1.51 $     1.22 Net of tax investment gains (losses) (0.41) (0.08) 0.08 (0.01) Net income excluding investment gains (losses) $     0.76 $     0.62 22.6 % $     1.43