Advertisement
Advertisement
U.S. Markets close in 2 hrs 44 mins
Advertisement
Advertisement
Advertisement
Advertisement

Old Republic International Corporation (ORI)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
24.65+0.40 (+1.65%)
As of 03:59PM EST. Market open.
Advertisement
Sign in to post a message.
  • h
    hotN
    Q4 result is approaching. Hope 2021 set new record of earning. Broken $1B profit in 2019. 3Qts 2021 so far is about $900M in profit.
    Hope for least $1 profit in Q4.
  • R
    Runa
    OIR and January effect IMHO
    ORI special Dividend can be $1.50 to $2.50
    They may have bumper cash flow due covid 19
    saving of lesser claims and Cash hand they may
    declare big dividend ORI may pass $30 per shar imo
    I am buying and long ORI
    Bullish
  • R
    Rex
    What a beautiful stock for dividends
    Bullish
  • J
    Jinx
    Are we going to get the extra special dividends like last year?
  • h
    hotN
    Usually ORI follows financial. Not today perhaps rise interest rate effecting. Added little today.
  • j
    josephn
    Owl Creek has sold 66% of their ORI holdings. I guess the war over
  • G
    Gracie
    Good buying opportunity below 24.
  • g
    gracie
    Anyone understand why so few analysts cover this stock?
  • N
    Neil
    Anyone know what the average PE is for this stock like precovid time frame?
  • J
    JamesP
    Old Republic seriously needs to update their customer service call center automated queue to be more easily understood. I was looped a few times before realizing I had to press a button to advance further in the queue even though the options available didn't really indicate my situation. Thanks
    Neutral
  • h
    hotN
    ORI had record 2019 earning by passing $1B mark but ORI was under valued. Traded at PE far less than 10. Before 2020 crash ORI topped at $24, PE at 8. Mkt crashed and trashed the ORI. ORI invest very conservative by holding most of investment on bond. About $4B is invested on stock markets and paid special $ 1 divy fairly often, 3 out of 4 yrs. ORI should be in $30s. Mkt is chasing fang stocks currently and missing value of ORI.
    Bullish
  • k
    kspain
    The main thing impacting the price of 0RI is the $4B worth of stocks the company invests in with their excess reserves. They hold these stocks for the dividends, not to trade and make capital gains. Unfortunately they are required to include any change in these investments in current income. Today those stocks are worth $3.6 billion, still down by $400m from 12/31/19. This makes the P/E and current earnings look bad, even though the operations are doing well. They own stock in 83 high dividend companies(see 13F report on company website). These high div companies have not done well in the COVID environment like tech stocks, but they are strong companies that will continue to pay dividends(which is what matters)and will recover their 2019 prices, but not until covid is controlled. These investments actually have a book value of $3.2B. Therefore it is imperative to look at earnings before unrealized changes in investments. It won’t be until 1stQ 2021 when the markdowns are in prior year for the price to hit the 20s again, but with the dividend, the wait will be worthwhile. Patience my friends
    Bullish
  • W
    W
    Buying opportunity. "earnings, adjusted for investment costs, were 45 cents per share". The loss is all about the new Financial Accounting Standards Board ("FASB") that requires the inclusion of unrealized investment gains or losses emanating from changes in the fair value of equity (but not fixed maturity) securities in the determination of pre and post-tax income.
  • h
    hotN
    I have been invested in ORI for 5 yrs. I recieved 5 special divies total $5.50 and $4 regular divies. Bring my first investment base to about $9. added almost every time after special divy announcements.
  • D
    Dan
    I have said this before: It is futile to try to make sense of directional moves with ORI. It does not respond to hype. It is not a MEME stock --- or for that matter, sexy at all. Look at the financials of this company and consider the long-time reliable dividends. At this point in time, it might be wise to hold cash aside for a buying opportunity. In general, the market has been stronger than I would have guessed; however, corporate tax overhauls will cut into the bottom line -- perhaps as much #$%$. Supply chain issues will affect the earnings in some sectors and weigh on the markets (honestly, I am shocked at how many things are not available right now, and you can't make $$$ with nothing to sell). And inflation is going to affect us in some form. We are going to be looking at some form of pull-back, and have some cash aside for when that happens. Personally, I plan to reach my portfolio goal with ORI with this next opportunity -- and I don't say this lightly, because I am a geezer and retirement is around the corner. Just my opinion.
  • k
    kspain
    Great news, ORI price is up and as of today, the investments YTD paper loss has all been recouped and is up $300 million for the quarter. If it holds we will definitely see pre Covid levels of $22+/share with next quarters results
    Bullish
  • G
    Gerald
    From the comments on the site I believe people are continuing to hold ORI. No one mentions selling now after the special dividend?
    I bought ORI a year ago. I bought it for the regular dividend and now I have received the special dividend..
    I think it was good luck rather then any investing skill and I think maybe I should sell and realize the gain.
    I believe their main business is property-casualty business? I'm not sure how risky that is?
    But there seems to be a number of reasons to hold. The p/e is still low, the regular dividend at current price is 3.5% and there is a possibility of more special dividends?
  • R
    Robert Wilson
    Saw this was less today then after the special dollar dividend was announced so I bought another 1,000 shares.
  • P
    Peppino
    Bought some shares in ORI because of the strong earnings and balance sheet.New to owning this type of financial/insurance stock.Hoping it turns out to be recession and inflation proof.Got my hopes set on $30! Ya gotta have insurance!
  • D
    Dan
    The ORI response to Owl Creek -- which is available via Google -- is interesting, and it should add to any confidence that ORI is being effectively managed. I agree, they [i.e., OCAM] should just go away! Only a few days left until that nice divvy.
Advertisement
Advertisement