Old Republic International Corporation (NYSE:ORI) : Zacks Investment Research ranks Old Republic International Corporation (NYSE:ORI) as 3, which is a Hold recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 1 research analysts is 2, which indicates as a Buy.
Company shares have received an average consensus rating of Hold for the current week
Old Republic International Corporation (NYSE:ORI): stock turned positive on Tuesday. Though the stock opened at $18.23, the bulls momentum made the stock top out at $18.46 level for the day. The stock recorded a low of $18.14 and closed the trading day at $18.46, in the green by 1.99%. The total traded volume for the day was 1,818,635. The stock had closed at $18.1 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Old Republic International Corp, Steiner Arnold L had sold 14,000 shares worth of $262,360 in a transaction dated May 6, 2016. In this transaction, 14,000 shares were sold at $18.74 per share.
Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through a number of regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group; Title Insurance Group, and the Republic Financial Indemnity Group (RFIG) Run-off Business. General Insurance segment is a commercial lines insurance business with a focus on liability insurance coverages. These coverages are provided to businesses, Government and other institutions. Title Insurance Groups business consists 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. RFIG run-off business consists of its mortgage guaranty and CCI operations.