Old Republic International

Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off Business. The General Insurance segment offers property and liability insurance to commercial clients. The Title Insurance segment includes issuance of policies to real estate purchasers and investors. The Republic Financial Indemnity Group Run-off Business segment consists of mortgage guaranty and consumer credit indemnity operations. The company was founded in 1923 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Old Republic International reports strong 2022 performance amidst Title Insurance challenges

Old Republic International (ORI) delivered a strong financial performance in 2022, driven by General Insurance growth and favorable reserve development.
While facing challenges in Title Insurance due to market conditions, the company is proactively addressing issues and focusing on strategic adjustments.
With a commitment to shareholder value and a focus on commercial opportunities and technology enhancements, Old Republic International (ORI) aims to navigate market challenges and drive future growth.

Old Republic reports solid Q1 earnings, navigates Title Insurance challenges

Old Republic International (ORI) delivered a strong performance in Q1 2023, with robust operating income and shareholder returns, despite challenges in Title Insurance.
The company's prudent financial management, new product offerings, and strategic focus position it well for continued growth and value creation.
Management's proactive approach to addressing challenges and capitalizing on opportunities underscores Old Republic's resilience and commitment to long-term success.

Old Republic International reports strong Q2 performance amidst sector challenges

Old Republic International demonstrated robust financial performance in Q2 2023, driven by General Insurance's strong underwriting results and favorable reserve development.
While facing challenges in Title Insurance due to economic headwinds, the company remains optimistic about profitable growth opportunities in General Insurance.
Capital management discussions highlighted a commitment to enhancing shareholder value through returns, signaling a proactive approach to financial stewardship.

Old Republic International reports strong Q3 performance amidst sector challenges

Old Republic International delivered a robust performance in Q3 2023, driven by General Insurance's strong underwriting results. While facing challenges in Title Insurance, the company's overall financial health remains solid. Opportunities exist for ORI to leverage its strengths, manage challenges effectively, and capitalize on growth prospects.

Old Republic International reports strong Q4 earnings and strategic investments

Old Republic International's Q4 2023 performance reflects a robust financial position, marked by strong operating income and favorable loss development. While facing challenges in certain segments, the company's strategic investments and commitment to shareholder value present opportunities for growth and efficiency improvements.
The upcoming closure of run-off mortgage insurance operations signals a shift towards optimizing core operations, while ongoing technology investments in Title Insurance demonstrate a forward-looking approach to enhancing competitiveness and operational effectiveness.

Old Republic International reports robust Q1 performance amidst market challenges

Old Republic International delivered a strong performance in Q1 2024, particularly in General Insurance, while facing challenges in Title Insurance.
The company's focus on shareholder returns, stable investment portfolio, and growth in premiums position it well for future opportunities.
ORI's strategic outlook remains positive for General Insurance growth, indicating a resilient business model and potential for continued success.

Old Republic International (ORI) reports robust Q2 performance and eyes growth opportunities

Old Republic International (ORI) delivered a strong financial performance in Q2 2024, driven by growth in pretax operating income and net operating income.
The company's focus on investment portfolio management, favorable loss reserve development, and operational effectiveness were key strengths.
Challenges from external factors and areas for improvement in expense ratios and underwriting were identified, alongside opportunities for growth and enhanced shareholder value.
Overall, management's optimism for the future, coupled with strategic initiatives and technological investments, positions ORI for continued success and competitiveness.

Old Republic International reports Q3 challenges and growth opportunities

Old Republic International (ORI) faced challenges in Q3 2024, with a decrease in pretax operating income compared to the previous year.
Despite challenges, the company demonstrated strengths in favorable loss reserve development and increased net written premiums in General Insurance.
Opportunities for growth exist in managing loss reserves, navigating market challenges, and optimizing investment strategies for enhanced profitability.
Overall, Old Republic International (ORI) remains resilient, focusing on addressing challenges and leveraging strengths to drive future performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance, Title Insurance, Republic Financial Indemnity Group (RFIG) Run-Off, and Corporate and Other. The General Insurance segment provides property and liability insurance primarily to commercial clients. The Title Insurance segment is involved in the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. The RFIG Run-Off segment focuses on mortgage guaranty and consumer credit indemnity operations. The Corporate and Other segment includes a small life and accident insurance business. The company was founded in 1923 and is headquartered in Chicago, IL.

Old Republic International delivered steady third-quarter results driven by reliable but declining underwriting margins and massive unrealized gain changes. Despite strong results, ORI's current valuation appears slightly above fair value, with challenges in the real estate sector potentially affecting profitability. As a dividend aristocrat, ORI consistently rewards shareholders through dividends and share repurchases, with a 13% capital return on current market capitalization.

Old Republic International: Consistent Dividends Amid Insurance Market Challenges

Old Republic International Corporation (NYSE:ORI ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 PM ET Company Participants Joe Calabrese - FRB Craig Smiddy - President and Chief Executive Officer Francis Sodaro - Chief Financial Officer Carolyn Monroe - President and Chief Executive Officer, Title Insurance Group Conference Call Participants Gregory Peters - Raymond James Karol Chmiel - Citizens JMP Operator Good afternoon. My name is Audra and I will be your conference operator today.

Old Republic International Corporation (ORI) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Old Republic (ORI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Old Republic (ORI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Old Republic International (ORI) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.72 per share a year ago.

Old Republic International (ORI) Q3 Earnings and Revenues Top Estimates

CHICAGO , Oct. 24, 2024 /PRNewswire/ -- OVERALL RESULTS Quarters Ended September 30, Nine Months Ended September 30, 2024 2023 % Change 2024 2023 % Change Pretax income $   426.9 $     63.9 $   939.0 $   510.0 Pretax investment gains (losses) 197.7 (186.9) 224.3 (191.1) Pretax income excluding investment gains (losses) $   229.2 $   250.8 (8.6) % $   714.7 $   701.2 1.9 % Net income $   338.9 $     52.6 $   747.6 $   408.0 Net of tax investment gains (losses) 156.1 (147.6) 177.6 (151.0) Net income excluding investment gains (losses) $   182.7 $   200.2 (8.7) % $   570.0 $   559.0 2.0 % Combined ratio 95.0 % 91.9 % 94.3 % 92.4 % PER DILUTED SHARE Quarters Ended September 30, Nine Months Ended September 30, 2024 2023 % Change 2024 2023 % Change Net income $     1.32 $     0.19 $     2.81 $     1.42 Net of tax investment gains (losses) 0.61 (0.53) 0.67 (0.53) Net income excluding investment gains (losses) $     0.71 $     0.72 (1.4) % $     2.14 $     1.95 9.7 % SHAREHOLDERS' EQUITY (BOOK VALUE) Sep. 30, Dec. 31, 2024 2023 % Change Total $  6,445.3 $  6,410.7 0.5 % Per Common Share $   25.71 $   23.31 10.3 % ________ All amounts in this report are stated in millions except where noted, common stock data, and percentages. Old Republic International Corporation (NYSE: ORI) today reported pretax income, excluding investment gains (losses) (pretax operating income), of $229.2 for the quarter and $714.7 for the first nine months.

OLD REPUBLIC REPORTS RESULTS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024

Evaluate the expected performance of Old Republic (ORI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Ahead of Old Republic (ORI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

CHICAGO , Oct. 10, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the third quarter of 2024 before the market opens on Thursday, October 24, and will hold a conference call at 3:00 p.m. Eastern time to discuss results.

OLD REPUBLIC INTERNATIONAL ANNOUNCES THIRD QUARTER 2024 EARNINGS CALL

ORI gains from high renewal retention ratios, well-performing Title business, financial flexibility, favorable growth estimates and higher return on capital.

Old Republic Stock Near 52-Week High: What Investors Should Know

Assurant

Let's see how AIZ and ORI fare in terms of some of the key metrics.

Assurant or Old Republic: Which Multiline Insurer Has an Edge?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Old Republic International (ORI) have what it takes?

Why Old Republic International (ORI) is a Great Dividend Stock Right Now

ORI stock gains from solid market presence, high renewal retention ratios, new business production in General Insurance and favorable growth estimates.

Old Republic Stock Rallies 32.9% in a Year: More Room for Growth?

Old Republic International (ORI) Could Be a Great Choice

Axis Capital

MGIC Investment

NMI Hlds

Riding on product diversification, better pricing and solid capital position, undervalued insurers like AXS, NMIH, MTG and ORI are poised to fetch better returns.

4 Low Price-to-Book Stocks From the Undervalued Insurance Industry

Old Republic International is a member of the "Dividend Insurance Champion" club, currently facing reduced underwriting margins due to claims inflation and diminished profitability in its title insurance business. Nonetheless, the company has still a strong position in title insurance and benefits from a profitable growth in the commercial insurance segment. Thanks to its strong commercial footprint and underwriting discipline, the insurance carrier has successfully rewarded shareholders with consistent dividend payments and share repurchases.

Old Republic International: A Dividend Champion Navigating Insurance Market Challenges

CHICAGO , Aug. 16, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per share. This dividend is payable on September 16, 2024 to shareholders of record on September 6, 2024.

OLD REPUBLIC DECLARES THIRD QUARTER REGULAR CASH DIVIDEND OF 26.5 CENTS PER SHARE

TORONTO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- InsureMyTrip, Canada's rapidly growing travel insurance comparison website, is excited to announce the launch of TIPS Youth Premier Plan underwritten by Old Republic Insurance Company of Canada, a plan tailored specifically for travellers up to age 29.  The All-Inclusive plan offers extensive benefits at a competitive price, ensuring young travellers are well-protected during their adventures.

InsureMyTrip Expands Product Offerings in Canada to Include Comprehensive Travel Coverage for Younger Travellers

Does Old Republic International (ORI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Old Republic International (ORI) is a Great Momentum Stock: Should You Buy?

Old Republic International Corporation. (NYSE:ORI ) Q2 2024 Earnings Conference Call July 25, 2024 3:00 PM ET Company Participants Joe Calabrese - MWW Craig Smiddy - President and CEO of Old Republic International Corporation Francis Sodaro - CFO Carolyn Monroe - President and CEO of Title Insurance Conference Call Participants Greg Peters - Raymond James Matthew Carletti - JMP Securities Paul Newsome - Piper Sandler Companies Operator Thank you for standing by.

Old Republic International Corporation (ORI) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Old Republic (ORI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Old Republic (ORI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Old Republic International (ORI) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.62 per share a year ago.

Old Republic International (ORI) Q2 Earnings and Revenues Beat Estimates

CHICAGO , July 25, 2024 /PRNewswire/ -- OVERALL RESULTS Quarters Ended June 30, Six Months Ended June 30, 2024 2023 % Change 2024 2023 % Change Pretax income $   113.3 $   196.9 $   512.1 $   446.1 Pretax investment gains (losses) (140.5) (30.4) 26.6 (4.2) Pretax income excluding investment gains (losses) $   253.8 $   227.3 11.6 % $   485.4 $   450.3 7.8 % Net income $     91.8 $   155.5 $   408.6 $   355.4 Net of tax investment gains (losses) (110.6) (24.0) 21.4 (3.3) Net income excluding investment gains (losses) $   202.4 $   179.6 12.7 % $   387.2 $   358.8 7.9 % Combined ratio 93.5 % 92.6 % 93.8 % 92.6 % PER DILUTED SHARE Quarters Ended June 30, Six Months Ended June 30, 2024 2023 % Change 2024 2023 % Change Net income $     0.35 $     0.54 $     1.51 $     1.22 Net of tax investment gains (losses) (0.41) (0.08) 0.08 (0.01) Net income excluding investment gains (losses) $     0.76 $     0.62 22.6 % $     1.43 $     1.23 16.3 % SHAREHOLDERS' EQUITY (BOOK VALUE) June 30, Dec. 31, 2024 2023 % Change Total $  6,026.6 $  6,410.7 (6.0) % Per Common Share $   23.59 $   23.31 1.2 % ________ All amounts in this report are stated in millions except where noted, common stock data, and percentages. Old Republic International Corporation (NYSE: ORI) today reported pretax income, excluding investment gains (losses) (pretax operating income), of $253.8 for the quarter and $485.4 for the first six months.

OLD REPUBLIC REPORTS RESULTS FOR THE SECOND QUARTER AND FIRST HALF 2024

Clorox

Donaldson

Enterprise Products Partners

National Retail Properties

1st Source

In the current adverse macro environment, identifying reliable dividend stocks to buy may provide long-term financial stability and constant income. Dividend stocks offer a dual advantage.

7 Top Dividend Stocks to Buy for Long-Term Gains

Old Republic (ORI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Old Republic International (ORI) to Report a Decline in Earnings: What to Look Out for

Community Bank System

Cullen/Frost Bankers

Chevron

Kimberly-Clark

Altria

National Fuel Gas

Novartis

Polaris

Target

Stocks keep setting record highs, with valuations becoming steadily more challenging. But even at record highs, there are plenty of blue-chip bargains to buy. Free cash flow yield is a gold standard of valuation. It combines yield and quality and, if combined with growth, creates the ultimate PEG ratio, popularized by Peter Lynch. This article highlights 10 high-yield dividend aristocrats with the lowest PEG ratios, 6X better than the aristocrats and 3X better than US stocks.

10 Dividend Aristocrat Bargain Buys: High Yields And Low PEG Ratios

CHICAGO , July 11, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the second quarter of 2024 before the market opens on Thursday, July 25, and will hold a conference call at 3:00 p.m. Eastern time to discuss results.

News for Old Republic International Stock (ORI)