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Old Republic International Corporation Message Board

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  • xds58 xds58 Jul 30, 2012 3:44 PM Flag

    Reason to buy

    I don't really think of this as leveraged - net debt to EV of about 14% - I think you'll have a hard time finding a less leveraged REIT. I guess there is a certain amount of 'event' risk here, although I think it's exagerated. But no denying it's been a big time dog so far. At this point if it just trades flat for a few years, I'd be ok with the 9% yield.

 
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