Piper Sandler initiated coverage on Old Republic with a new price target
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Piper Sandler initiated coverage of Old Republic with a rating of Neutral and set a new price target of $27.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/12/2024 | $32.00 | Neutral → Overweight | Piper Sandler |
| 5/17/2023 | $27.00 | Neutral | Piper Sandler |
| 4/29/2022 | $30.00 → $28.00 | Strong Buy → Outperform | Raymond James |
| 11/1/2021 | $28.00 → $30.00 | Strong Buy | Raymond James |
CHICAGO, May 23, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 29 cents per share. This dividend is payable on June 16, 2025 to shareholders of record on June 6, 2025. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to $1.16 per share compared to $1.06 per share paid in 2024, a 9.4% increase. 2025 marks the 44th consecutive year that Old Republic has increased its regular cash dividend and the 84th year of uninterrupted regular cash dividend payments. About Old Republic Old Republic is a leading specialty insurer that operates di
CHICAGO, April 28, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) — today announced leadership succession at BITCO Insurance Companies (BITCO), an Old Republic Specialty Insurance Group subsidiary. BITCO has named Meyer Lehman (50) President, effective May 1. Vince Lamb (62) will continue as Chief Executive Officer. In making this announcement, Craig R. Smiddy, Old Republic International's President and Chief Executive Officer, noted, "These appointments reflect thoughtful succession planning at BITCO. Since joining BITCO in 2023, Meyer has driven growth, profitability, and operational excellence, and we are confident he will continue to lead with a clear vision for
Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated. CHICAGO, April 24, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) today reported the following results for the first quarter 2025: Net income of $245.0, compared to $316.7 last year.Net operating income (net income excluding investment gains) of $201.7, an increase of 9.2%.Net operating income per diluted share of $0.81, compared to $0.67 last year, an increase of 20.9%.Consolidated net premiums and fees earned of over $1.8 billion, an increase of 12.1%.Net investment income of $170.7, an increase of 4.0%.Consolidated combined ratio of 93.7%, compared to 94.3% last
4 - OLD REPUBLIC INTERNATIONAL CORP (0000074260) (Issuer)
4 - OLD REPUBLIC INTERNATIONAL CORP (0000074260) (Issuer)
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4 - OLD REPUBLIC INTERNATIONAL CORP (0000074260) (Issuer)
4 - OLD REPUBLIC INTERNATIONAL CORP (0000074260) (Issuer)
4 - OLD REPUBLIC INTERNATIONAL CORP (0000074260) (Issuer)
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8-K - OLD REPUBLIC INTERNATIONAL CORP (0000074260) (Filer)
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CHICAGO, May 23, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 29 cents per share. This dividend is payable on June 16, 2025 to shareholders of record on June 6, 2025. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to $1.16 per share compared to $1.06 per share paid in 2024, a 9.4% increase. 2025 marks the 44th consecutive year that Old Republic has increased its regular cash dividend and the 84th year of uninterrupted regular cash dividend payments. About Old Republic Old Republic is a leading specialty insurer that operates di
Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated. CHICAGO, April 24, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) today reported the following results for the first quarter 2025: Net income of $245.0, compared to $316.7 last year.Net operating income (net income excluding investment gains) of $201.7, an increase of 9.2%.Net operating income per diluted share of $0.81, compared to $0.67 last year, an increase of 20.9%.Consolidated net premiums and fees earned of over $1.8 billion, an increase of 12.1%.Net investment income of $170.7, an increase of 4.0%.Consolidated combined ratio of 93.7%, compared to 94.3% last
CHICAGO, April 10, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the first quarter of 2025 before the market opens on Thursday, April 24, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 888-596-4144, passcode 4060501. Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4060501, which will be available through May 1, 2025. The replay will also be available on Old Republic's website. About Old Republic Old Republic is a leading specialty insurer that operat
CHICAGO, April 28, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) — today announced leadership succession at BITCO Insurance Companies (BITCO), an Old Republic Specialty Insurance Group subsidiary. BITCO has named Meyer Lehman (50) President, effective May 1. Vince Lamb (62) will continue as Chief Executive Officer. In making this announcement, Craig R. Smiddy, Old Republic International's President and Chief Executive Officer, noted, "These appointments reflect thoughtful succession planning at BITCO. Since joining BITCO in 2023, Meyer has driven growth, profitability, and operational excellence, and we are confident he will continue to lead with a clear vision for
CHICAGO, March 18, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced Therace M. Risch (51) has joined its Board of Directors as of March 18, 2024. She has concurrently been appointed to the Board's Audit and Governance and Nominating Committees, as well as to the Directorship of ORI's major regulated insurance company subsidiaries. Ms. Risch is currently the Executive Vice President and Chief Information & Technology Officer for American Electric Power Company, Inc. She was previously Executive Vice President and Chief Information & Digital Officer at J. C. Penney Company, Inc. and Executive Vice President and Chief Information Officer at COUNTRY Financ
CHICAGO, May 30, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE:ORI) — PMA Companies, Inc (PMA), a member of the Old Republic General Insurance Group, today announced the appointment of Sashi Aiyathurai as Executive Vice President and Chief Underwriting Officer. Ms. Aiyathurai will oversee all aspects of the Company's insurance underwriting and corporate distribution functions and will be a key member of the Office of the CEO, reporting to Derek Hopper, PMA's CEO. She joins PMA with over 25 years of experience, which includes executive leadership, corporate strategy, and oversight of production underwriting and regional underwriting activities. She earned a bachelor's deg
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Piper Sandler upgraded Old Republic from Neutral to Overweight and set a new price target of $32.00
Piper Sandler initiated coverage of Old Republic with a rating of Neutral and set a new price target of $27.00
Raymond James downgraded Old Republic from Strong Buy to Outperform and set a new price target of $28.00 from $30.00 previously