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Old Republic International Corporation Message Board

  • ori.investor ori.investor Jul 23, 2013 8:13 PM Flag

    Must be some nervousness pre-earnings

    I was expecting the price to rise today - good thing I'm not a trader. We have another day before earnings are released. If we sell off again tomorrow, I might start getting worried! I think earnings could be very good - maybe even excellent, in both the general insurance and title divisions. And I'm hoping that the runoff division will show us the light at the end of the tunnel.

    But there are less-predictable things, such as the investment returns and claims. That's what happened a few quarters ago with the worker's comp policies when claims exceeded projections. The company always makes it up - another reason to read the annual report, to understand that that news like that is not devastating.

    No matter what, I think there's virtually no possibility that the dividend will be in jeopardy.

    Sentiment: Buy

 
ORI
15.35+0.09(+0.59%)Aug 29 4:00 PMEDT

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