Old Republic International Insures Businesses, Titles, Transactions, & Performance

The financial services sector includes nineteen industries all related to managing money: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.

Today I’m reviewing a mid-cap diversified insurance firm

It’s name is Old Republic International Corporation

 It’s trading ticker symbol is ORI.  

Old Republic International Corporation is engaged in insurance underwriting and related services. It conducts its operations through General Insurance, Title Insurance, and the Republic Financial Indemnity and consumer credit indemnity Run-off Business.

Operating in the United States and Canada, the company provides services through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off Business. 

 Old Republic International Corporation was founded in 1887 and is headquartered in Chicago, Illinois.

I use three key data points gauge the value of any dividend equity or fund like Old Republic International Corporation: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will finally unlock an equity or fund in which to invest. 

No matter what, it’s the first three primary traits that best tell whether a company has made, is making, and will make money. 

ORI Price

People’s price was $20.95 per share at yesterday’s market close. A year ago its price was $20.41 for a gain of $0.54 per share in the past year.  

Assuming ORI’s price will continue to trade in the range of $18.00 to $22.00 next year, its price could grow another $0.54 from $20.95 to $21.49 by June 19, 2019. 

ORI Dividends

People’s most recently declared quarterly dividend was $0.195 per share paid June 15. That $0.195 monthly dividend equates to an estimated annual payout of $0.78 per share for 2018-19 which yields 3.72% at yesterday’s $20.95 closing stock price.  

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