Old Republic International (ORI) AI Stock Analysis

• Market Cap: $11.48B
• Dividend Yield: 6.78%
• Average Volume (3M): 1.84M
• Price to Earnings (P/E): 14.0
• Beta (1Y): 0.34
• Revenue Growth: 7.08%
• EPS Growth: -4.36%
• Country: US
• Employees: 9,400
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): 0.78
• Shares Outstanding: 247,450,000
• 10 Day Avg. Volume: 2,380,260
• 30 Day Avg. Volume: 1,843,709
• PEG Ratio: 0.20
• Price to Book (P/B): 1.66
• Price to Sales (P/S): 1.14
• P/FCF Ratio: 7.58
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 1.40
• Enterprise Value/Gross Profit: 2.23
• Enterprise Value/Ebitda: 10.95
• 1Y Price Target: $46.50
• Price Target Upside: 0.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 3.27
• Revenue Forecast (FY): $8.99B

• Rating: 77 Outperform
• Price Target: $46.00 ▼(-0.88% Downside)

Old Republic International's overall stock score is driven by strong financial performance and positive earnings call sentiment. The company's robust revenue growth, stable balance sheet, and effective cash management contribute significantly to its financial health. The stock's reasonable valuation and high dividend yield further enhance its appeal. However, technical indicators suggest potential overbought conditions, which may warrant caution in the short term.

Positive Factors

Revenue Growth

The substantial revenue growth indicates robust business expansion, enhancing the company's market position and long-term sustainability.

Strategic Acquisition

The acquisition of Everett Cash Mutual expands ORI's Specialty Insurance portfolio, strengthening its competitive edge and market reach.

Cash Flow Management

Effective cash management and robust cash generation enhance liquidity and financial flexibility, supporting sustainable growth.

Negative Factors

Rising Expense Ratio

Increased expenses, particularly in personnel and technology, could pressure margins and affect profitability if not managed effectively.

Residential Market Challenges

Ongoing challenges in the residential market could limit growth opportunities in the Title Insurance segment, impacting revenue.

Low Gross Profit Margin

A low gross profit margin suggests potential cost management issues, which could hinder profitability and competitive positioning.

Old Republic International Business Overview & Revenue Model

Company Description

Old Republic International Corporation (ORI) is a diversified insurance holding company based in the United States. Established in 1923, ORI operates primarily in the property and casualty insurance sector, including title insurance, general liability, and workers' compensation. The company also has interests in other financial services, such as mortgage guaranty and specialty insurance, providing a broad range of products tailored to various industries and individual needs.

How the Company Makes Money

Old Republic International generates revenue primarily through premiums collected from its insurance policies. The company's main revenue streams include underwriting income from its property and casualty insurance segments, which covers various risks, and title insurance premiums that protect against losses from property ownership disputes. ORI also earns investment income from its substantial portfolio of investments, which includes bonds and equities. Additionally, the company benefits from strategic partnerships with other financial institutions and real estate companies, enhancing its distribution channels and expanding its market reach. By maintaining a diversified portfolio and focusing on risk management, ORI is able to sustain stable earnings and growth.

Old Republic International Financial Statement Overview

Summary

Old Republic International exhibits a strong financial position with impressive revenue growth and profitability in the TTM period. The balance sheet is stable with low leverage, and the cash flow statement indicates robust cash generation and management. While the gross profit margin could be improved, the overall financial health of the company is solid, supporting continued growth and stability.

Income Statement

Old Republic International shows strong revenue growth in the TTM period with a 95.5% increase, indicating robust business expansion. The company maintains healthy profit margins, with a net profit margin of 9.53% and an EBIT margin of 12.82% in the TTM. However, the gross profit margin is relatively low at 13.87%, suggesting potential cost management issues. Overall, the income statement reflects a positive growth trajectory with solid profitability.

Balance Sheet

The company's balance sheet is stable with a low debt-to-equity ratio of 0.25 in the TTM, indicating conservative leverage. Return on equity is decent at 13.82%, reflecting efficient use of equity capital. However, the equity ratio is not explicitly provided, which limits a full assessment of asset financing. Overall, the balance sheet demonstrates financial stability with manageable debt levels.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 7.40% in the TTM, highlighting effective cash management. The operating cash flow to net income ratio is exceptionally high at 57.12, indicating strong cash generation relative to net income. The free cash flow to net income ratio is consistently at 1.0, suggesting efficient conversion of earnings into cash. Overall, the cash flow statement reflects excellent liquidity and cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.75B	8.23B	7.26B	8.08B	9.34B	7.17B
Gross Profit	5.51B	5.21B	4.68B	5.66B	6.94B	4.69B
EBITDA	1.12B	1.15B	817.90M	924.10M	1.98B	732.10M
Net Income	834.00M	852.70M	598.60M	686.40M	1.53B	558.60M
Balance Sheet
Total Assets	30.25B	27.84B	26.50B	25.16B	24.98B	22.82B
Cash, Cash Equivalents and Short-Term Investments	3.14B	3.04B	13.38B	12.69B	11.40B	11.37B
Total Debt	1.59B	1.59B	1.59B	1.60B	1.59B	966.40M
Total Liabilities	23.81B	22.22B	20.09B	18.99B	18.09B	16.63B
Stockholders Equity	6.42B	5.62B	6.41B	6.17B	6.89B	6.19B
Cash Flow
Free Cash Flow	1.29B	1.23B	880.40M	1.17B	1.31B	1.19B
Operating Cash Flow	1.29B	1.23B	880.40M	1.17B	1.31B	1.19B
Investing Cash Flow	-139.10M	-7.20M	25.30M	-415.00M	-936.50M	-845.20M
Financing Cash Flow	-1.43B	-1.23B	-783.20M	-832.70M	-335.70M	-300.00M

Old Republic International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 46.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ORI, the sentiment is Positive. The current price of 46.41 is above the 20-day moving average (MA) of 42.85, above the 50-day MA of 42.19, and above the 200-day MA of 38.55, indicating a bullish trend. The MACD of 1.34 indicates Negative momentum. The RSI at 73.92 is Negative, neither overbought nor oversold. The STOCH value of 90.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ORI.

Old Republic International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HIG	82 Outperform	$38.28B	11.22	20.07%	1.66%	7.11%	22.52%
ORI	77 Outperform	$11.48B	13.96	12.96%	6.78%	7.08%	-4.36%
PFG	73 Outperform	$18.59B	12.32	13.74%	3.67%	12.33%	―
AEG	69 Neutral	$12.47B	8.67	14.42%	5.62%	-6.19%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AIG	59 Neutral	$41.03B	13.63	7.68%	2.11%	-23.02%	52.43%
EQH	40 Underperform	$13.42B	―	-41.33%	2.24%	7.70%	-155.12%

Old Republic International Corporate Events

Old Republic’s Earnings Call Highlights Growth and Expansion

Old Republic International’s recent earnings call was marked by a generally positive sentiment, driven by robust growth in pretax operating income and strategic expansions. The acquisition of Everett Cash Mutual was a highlight, showcasing the company’s commitment to enhancing product diversification and geographical growth. Despite some challenges, particularly in the residential purchase market and increased expenses in Specialty Insurance, the overall outlook remains optimistic with significant growth in premiums and fees.

Old Republic International Reports Mixed Q3 2025 Results

Old Republic International Corporation is a leading specialty insurer in the United States and Canada, providing diverse property & casualty and title insurance services. Founded in 1923, it is a Fortune 500 company known for its expertise in underwriting and risk management.

Old Republic Announces $750M Share Repurchase Program

On August 19, 2025, Old Republic International Corporation announced a new $750 million share repurchase program, which will begin after the completion of their $1.10 billion program announced in March 2024. This decision reflects the company’s strong balance sheet and confidence in its growth potential, as it continues a history of prudent capital management, having returned over $4.2 billion to shareholders since 2020 through dividends and share repurchases.

The most recent analyst rating on (ORI) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on Old Republic International stock, see the ORI Stock Forecast page.