In the past 52-week period, shares of Old Republic International Corporation (NYSE:ORI) have moved within the range of $16.51 to $21.19. On the stock’s most recent trading day, the company’s shares ended the regular session at $19.79, which is 6.61% lower than its 52-week high.
Old Republic International Corporation (ORI) has demonstrated a 20-day simple moving average (SMA) of 0.58%, and a 50-day SMA of 1.90%. This public company’s current market capitalization stands at $5.24 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. According to the latest data, the consensus recommendation for Old Republic International Corporation (ORI) is Hold.
When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Jun. 2017, Old Republic International Corporation (ORI) delivered a 2.48% surprise with its net revenue. Sales reached $1.49 billion during the three-month period, compared to the average analyst estimate of $1.46 billion.
Meanwhile, during the same quarter Old Republic International Corporation (ORI) delivered a 6.59% earnings surprise. Net earnings for the quarter were posted at $0.33 per share, whereas Wall Street had forecast $0.35 per share.
Ownership at Old Republic International Corporation (ORI), According to Most Recent SEC Filings
A publicly-traded company’s most recent 13F filings give us important details about the organization’s institutional ownership. Old Republic International Corporation (ORI) has 0.26 billion shares outstanding currently, 72.50% of which belong to institutional investors. Those institutional holdings amount to $3.72 billion.
Additionally, according to the most recent 13F filing from Old Republic International Corporation (ORI), there were 33 new positions totaling 1,564,657 shares of the company’s stock. There were 35 sold out positions, on the other hand, totaling 1,994,943 shares.
Short, Medium and Long Term Indicators
Taking a look at a stock’s average volume – in the long, medium and short terms – is helpful for understanding investor sentiment and trading activity. Old Republic International Corporation (ORI) has had a 20-day average volume of 1,006,335 shares, with an average of 80% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 1,083,820 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,176,571 shares with 0% of long-term indicators pointing to Hold.