Old Republic International (ORI) AI Stock Analysis

• Market Cap: $10.07B
• Dividend Yield: 7.6%
• Average Volume (3M): 1.55M
• Price to Earnings (P/E): 12.2
• Beta (1Y): 0.39
• 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: 1,624,337
• 30 Day Avg. Volume: 1,547,192
• 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: 1.22
• Enterprise Value/Revenue: 1.40
• Enterprise Value/Gross Profit: 10.12
• Enterprise Value/Ebitda: 10.95
• 1Y Price Target: $46.50
• Price Target Upside: 12.70% 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 ▲(11.49% Upside)

Old Republic International's strong financial performance and positive earnings call sentiment are the primary drivers of its score. The stock's attractive valuation further supports its potential, although technical indicators suggest some caution in the short term.

Positive Factors

Specialty Insurance Growth

The growth in the Specialty Insurance segment indicates strong demand and effective market positioning, contributing to long-term revenue stability and profitability.

Strong Balance Sheet

A strong balance sheet with low leverage provides financial stability and flexibility, allowing the company to invest in growth opportunities and withstand economic downturns.

Accretive Acquisition

The acquisition of Everett Cash Mutual Insurance Co. is expected to be accretive to book value and operating income, enhancing ORI's market presence and financial performance.

Negative Factors

Title Insurance Challenges

The decline in Title Insurance profitability due to market conditions poses a risk to overall earnings, highlighting challenges in adapting to real estate market fluctuations.

Free Cash Flow Decline

A decline in free cash flow growth could impact the company's ability to fund operations and investments, potentially affecting long-term financial health if the trend continues.

Cyber Insurance Market Uncertainty

Uncertainty in the cyber insurance market may limit ORI's ability to capitalize on this growing sector, potentially affecting future revenue diversification and growth.

Old Republic International Business Overview & Revenue Model

Company Description

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance, Title Insurance, and the Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers automobile extended warranty, aviation, commercial automobile, commercial multi-peril, commercial property, general liability, home warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, guaranteed asset protection, and surety. This segment provides its insurance products to businesses, government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' title insurance policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. The company was founded in 1923 and is based in Chicago, Illinois.

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 demonstrates strong financial performance with consistent revenue growth and solid profitability margins. The balance sheet is robust with low leverage and high return on equity. However, a decline in free cash flow growth is a potential concern.

Income Statement

Old Republic International shows a solid financial performance with a consistent revenue growth rate of 4.05% in the TTM period. The company maintains healthy margins, with a gross profit margin of 63.11% and a net profit margin of 10.31%. The EBIT margin is also strong at 13.84%, indicating efficient operational management. However, the EBITDA margin has decreased to 7.09% in the TTM, suggesting increased depreciation or amortization expenses.

Balance Sheet

The balance sheet of Old Republic International is robust, with a low debt-to-equity ratio of 0.26, indicating conservative leverage. The return on equity is commendable at 14.79%, reflecting effective use of equity capital. The equity ratio stands at 21.14%, suggesting a stable financial structure with a good proportion of equity financing.

Cash Flow

The cash flow statement reveals a slight decline in free cash flow growth by 7.87% in the TTM, which could be a concern if it continues. However, the operating cash flow to net income ratio is exceptionally high at 279.53, indicating strong cash generation relative to net income. The free cash flow to net income ratio remains stable at 1.0, demonstrating consistent cash flow 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	1.21B	5.21B	7.26B	5.66B	6.94B	7.17B
EBITDA	1.12B	1.15B	817.90M	952.40M	2.01B	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	242.50M	3.04B	2.82B	12.69B	11.40B	11.37B
Total Debt	0.00	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: 41.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 41.26 is above the 20-day moving average (MA) of 40.88, above the 50-day MA of 41.08, and above the 200-day MA of 37.99, indicating a bullish trend. The MACD of -0.31 indicates Negative momentum. The RSI at 53.77 is Neutral, neither overbought nor oversold. The STOCH value of 87.30 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
ORI	77 Outperform	$10.07B	12.24	12.96%	7.60%	7.08%	-4.36%
HIG	74 Outperform	$35.65B	10.45	20.07%	1.66%	7.11%	22.52%
PFG	73 Outperform	$17.83B	11.82	13.74%	3.67%	12.33%	―
AEG	69 Neutral	$11.92B	8.24	14.42%	5.81%	-6.19%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AIG	59 Neutral	$42.28B	13.68	7.68%	2.11%	-23.02%	52.43%
EQH	54 Neutral	$13.55B	―	-41.33%	2.27%	4.80%	-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.