Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Old Republic International Corporation (ORI).
Old Republic International in Focus
ORI may be an interesting play thanks to its forward PE of 16.5, its P/S ratio of 0.75, and its decent dividend yield of 4.59%. These factors suggest that Old Republic International is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ORI has decent revenue metrics to back up its earnings.
But before you think that Old Republic International is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 5.6% in the past 30 days, thanks to 1 upward revision in the past one month compared to none lower.
This estimate strength is actually enough to push ORI to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. So really, Old Republic International is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
OLD REPUBLIC INTERNATIONAL CORP (ORI): Free Stock Analysis Report
Zacks Investment Research
- Personal Investing Ideas & Strategies
- Finance Trading
- Old Republic International