Old Republic International (NYSE:ORI) Receives “Neutral” Rating from Piper Sandler

Piper Sandler reissued their neutral rating on shares of Old Republic International (NYSE:ORI) in a research note issued to investors on Thursday, Marketbeat.com reports. They currently have a $38.00 price target on the insurance provider’s stock, down from their previous price target of $51.00.

Separately, Weiss Ratings restated a “buy (a)” rating on shares of Old Republic International in a research report on Wednesday, December 24th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Old Republic International currently has a consensus rating of “Buy” and a consensus target price of $42.50.

Old Republic International Trading Down 9.4%

Shares of Old Republic International stock opened at $39.08 on Thursday. Old Republic International has a 12-month low of $34.43 and a 12-month high of $46.76. The stock has a market capitalization of $9.67 billion, a P/E ratio of 13.07 and a beta of 0.76. The company has a 50-day simple moving average of $44.48 and a 200 day simple moving average of $41.33. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.25.

Old Republic International (NYSE:ORI) last released its quarterly earnings results on Thursday, January 22nd. The insurance provider reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.15). The firm had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.31 billion. Old Republic International had a net margin of 9.53% and a return on equity of 17.11%. During the same quarter last year, the firm earned $0.90 earnings per share. Research analysts expect that Old Republic International will post 3.17 earnings per share for the current fiscal year.

Old Republic International Announces Dividend

The business also recently announced a special dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, January 2nd were given a dividend of $2.50 per share. The ex-dividend date was Friday, January 2nd. Old Republic International’s dividend payout ratio is presently 38.80%.

Insider Buying and Selling

In other Old Republic International news, SVP Carolyn Monroe sold 6,680 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $44.54, for a total value of $297,527.20. Following the transaction, the senior vice president directly owned 29,075 shares in the company, valued at approximately $1,295,000.50. This trade represents a 18.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Therace Risch bought 1,000 shares of the stock in a transaction dated Monday, November 3rd. The stock was purchased at an average cost of $39.14 per share, with a total value of $39,140.00. Following the completion of the purchase, the director directly owned 10,625 shares in the company, valued at approximately $415,862.50. This trade represents a 10.39% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Old Republic International

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Old Republic International by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 25,470,798 shares of the insurance provider’s stock worth $1,081,745,000 after purchasing an additional 123,954 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Old Republic International by 30.7% during the 3rd quarter. AQR Capital Management LLC now owns 7,553,963 shares of the insurance provider’s stock worth $319,155,000 after buying an additional 1,774,807 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Old Republic International by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 6,717,255 shares of the insurance provider’s stock worth $285,268,000 after buying an additional 116,549 shares during the last quarter. Hamlin Capital Management LLC raised its stake in shares of Old Republic International by 0.3% during the second quarter. Hamlin Capital Management LLC now owns 5,207,228 shares of the insurance provider’s stock worth $200,166,000 after buying an additional 15,920 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Old Republic International by 2,840.8% in the third quarter. Thrivent Financial for Lutherans now owns 3,926,606 shares of the insurance provider’s stock valued at $166,763,000 after buying an additional 3,793,085 shares during the period. Institutional investors own 70.92% of the company’s stock.

Key Old Republic International News

Here are the key news stories impacting Old Republic International this week:

• Positive Sentiment: Strong top-line and reported net income gain — Old Republic reported higher revenue ($2.39B) and net income rose to $206.3M versus $105.1M a year ago, showing underlying business scale and title segment momentum. OLD REPUBLIC REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2025
• Positive Sentiment: Title insurance and conservative investment positioning remain strengths — commentary on the call and analyst notes point to commercial title momentum and an investment portfolio that is yield-accretive and conservative, which should support earnings over time. Old Republic: Q4 Underwriting Results Add To Margin Fears
• Neutral Sentiment: Full earnings materials and call transcript are available for detailed review — the company posted its press release, slide deck and the earnings call transcript for investors to assess reserve development and segment-level detail. Reviewing the slides/transcript is key to evaluating whether underwriting trends are temporary. Earnings Call Transcript
• Negative Sentiment: EPS miss and weaker operating earnings — Q4 EPS came in at $0.74 vs. the ~$0.89 consensus, and net operating income was down year-over-year, which disappointed investors despite revenue growth. Old Republic Q4 Earnings Lag Estimates
• Negative Sentiment: Underwriting pressure and high combined ratio — the company reported a roughly 96% combined ratio for Q4 driven by reserve additions in trucking and other underwriting areas; analysts warn this raises margin risk heading into 2026. Q4 Underwriting Results Add To Margin Fears
• Negative Sentiment: Analyst cut and price-target reset — Piper Sandler moved to a “neutral” rating and cut its price target sharply (from $51 to $38), increasing near-term downside risk and likely contributing to selling pressure. Piper Sandler Downgrade

Old Republic International Company Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety.