News coverage about Old Republic International (NYSE:ORI) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Old Republic International earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the insurance provider an impact score of 46.9611553757069 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
ORI has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Old Republic International from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. BidaskClub downgraded shares of Old Republic International from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 16th. Finally, Raymond James Financial, Inc. upgraded shares of Old Republic International from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $23.00 to $25.00 in a research note on Monday, October 30th.
Old Republic International (NYSE ORI) traded up $0.04 during mid-day trading on Friday, hitting $20.83. 846,400 shares of the company were exchanged, compared to its average volume of 1,335,061. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.50 and a current ratio of 0.51. Old Republic International has a 1-year low of $17.17 and a 1-year high of $21.19. The firm has a market cap of $5,484.54, a PE ratio of 17.04 and a beta of 1.36.
Old Republic International (NYSE:ORI) last posted its quarterly earnings data on Thursday, October 26th. The insurance provider reported $0.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.06. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Old Republic International had a net margin of 2.89% and a return on equity of 3.94%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. analysts expect that Old Republic International will post 1.17 earnings per share for the current fiscal year.
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About Old Republic International
Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business.
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