Old Republic International Corporation (ORI): A Technical View


As of Friday close, Old Republic International Corporation’s (NYSE:ORI) stock was down -$0.88, moving down -3.62 percent to $23.43. The average number of shares traded per day over the past five days has been 3,336,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.81 fall in that time frame. In the last twenty days, the average volume was 1,915,900, while in the previous 50 days, it was 1,668,600.

Since last month, ORI stock retreated -11.48%. Shares of the company fell to $23.31 on 03/17/23, the lowest level in the past month. A 52-week high of $26.72 was reached on 02/13/23 after having rallying from a 52-week low of $20.03. Since the beginning of this year, ORI’s stock price has dropped by -2.98% or -$0.72, and marked a new high 7 times. However, the stock has declined by -12.31% since its 52-week high.

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ORI stock investors should be aware that Old Republic International Corporation (ORI) stock had its last reported insider trading activity 74 days ago on Jan 03. KENNEDY MICHAEL DENARD, the Director of the company, purchased of 295 shares for $24.13 on Jan 03. It resulted in a $7,118 investment by the insider. KENNEDY MICHAEL DENARD added 295 shares at an average price of $24.48 on Dec 01. The insider now owns 9,977 shares following the transaction. On Nov 01, Director KENNEDY MICHAEL DENARD bought 295 shares at $23.33 apiece. The transaction was valued at $6,882.

Valuation Metrics

Right now, Old Republic International Corporation (ORI) has a P/E ratio of about 10.21. The stock’s beta is 0.83. Besides these, the trailing price-to-sales (P/S) ratio of 0.85, the price-to-book (PB) ratio of 1.12, and the price-to-cash flow ratio of 12.00 may also be considered.

The latest dividend of $0.2450 per share was paid out, which is 6.52% more than last year’s $0.23. On Thursday February 23 2023, a $0.0150 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.26, and the total debt-to-equity ratio was 0.26. In the year ended December 30, operating margins totaled 14.20%.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.10%. Return on equity (ROE) for the past 12 months was 11.00%.

ORI’s revenue fell -16.92% to $1.81 billion during the quarter, while net income inched up to $1.72 billion. While analysts expected Old Republic International Corporation to report $0.55 quarterly earnings, the actual figure was $0.8 per share, beating the consensus estimate by 45.50%. The value of shareholders’ equity is $297.14 million.

Technical Picture

This quick technical analysis looks at Old Republic International Corporation’s (ORI) price momentum. With a historical volatility rate of 30.68%, the RSI 9-day stood at 27.25% on 17 March.

With respect to its five-day moving average, the current Old Republic International Corporation price is down by -3.34% percent or -$0.81. At present, ORI shares trade -11.12% below its 20-day simple moving average and +2.36% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.10% below its SMA50 and -2.05% below its SMA200.

Stochastic coefficient K was 14.48% and Stochastic coefficient D was 20.49%, while ATR was 0.69. Given the Stochastic reading of 3.57% for the 14-day period, the RSI (14) reading has been calculated as 31.02%. As of today, the MACD Oscillator reading stands at -0.53, while the 14-day reading stands at -1.12.

Analyst Ratings

Old Republic International Corporation downgraded its rating on Old Republic International Corporation (NYSE: ORI) to an Outperform in a note to investors on April 29, 2022. The analysts firm previously had a Strong buy rating on the stock.Old Republic International Corporation (ORI) has been rated Hold by analysts. According to 0 brokerage firms, ORI is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Old Republic International Corporation stock as buy, with 0 recommending it as overweight.

With a median target price of $29.00, the current consensus forecast for the stock is $29.00 – $29.00. Based on these forecasts, analysts predict Old Republic International Corporation (ORI) will achieve an average price target of $29.00.


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