Old Republic International
About: Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of 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. Almost all of its revenue is generated from the US.
Employees: 9,200
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 43
78% more call options, than puts
Call options by funds: $8.1M | Put options by funds: $4.54M
9% more funds holding
Funds holding: 514 [Q2] → 562 (+48) [Q3]
7% more capital invested
Capital invested by funds: $5.79B [Q2] → $6.17B (+$382M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
1.46% less ownership
Funds ownership: 68.9% [Q2] → 67.44% (-1.46%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 203
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Paul Newsome 79% 1-year accuracy 37 / 47 met price target | 3%upside $37 | Overweight Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 4 articles about ORI published over the past 30 days
