Checking the Overall Picture for Old Republic International Corporation (ORI)

Old Republic International Corporation (ORI) is an interesting player in the Financial space, with a focus on Property & Casualty Insurance. The stock has been active on the tape, currently trading at $21.28, down from yesterday’s close by -0.28%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Old Republic International Corporation (ORI) currently trades with a market capitalization of $5.82 Billion. That value represents a market adjusting for revenues that have been growing by 11.45 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $452.8 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.4 on a per share basis this quarter. Perhaps, that suggests something about why 1.18% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Old Republic International Corporation recorded a 52-week high of $22.34. It is now trading 1.06% off that level. The stock is trading $20.89 its 50-day moving average by -0.39%. The stock carved out a 52-week low down at $17.05.

In recent action, Old Republic International Corporation (ORI) has made a move of -0.19% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.42% with $253.02 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ORI.

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