Old Republic International Corporation (NYSE:ORI) to Issue Special Dividend of $2.50

Old Republic International Corporation (NYSE:ORI - Get Free Report) declared a special dividend on Friday, December 12th. Investors of record on Friday, January 2nd will be given a dividend of 2.50 per share by the insurance provider on Wednesday, January 14th. The ex-dividend date is Friday, January 2nd.Old Republic International has decreased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 45 years. Old Republic International has a dividend payout ratio of 33.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Old Republic International to earn $3.33 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 34.8%. Old Republic International Stock PerformanceNYSE ORI traded up $0.84 on Friday, hitting $45.31. 886,063 shares of the stock traded hands, compared to its average volume of 1,393,888. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.26 and a current ratio of 0.26. The business's fifty day moving average is $42.83 and its two-hundred day moving average is $39.93. Old Republic International has a 12 month low of $33.00 and a 12 month high of $46.63. The firm has a market capitalization of $11.21 billion, a price-to-earnings ratio of 15.15 and a beta of 0.77. Old Republic International (NYSE:ORI - Get Free Report) last issued its quarterly earnings results on Friday, October 24th. The insurance provider reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.05. The firm had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.28 billion. Old Republic International had a return on equity of 17.11% and a net margin of 9.53%. As a group, equities analysts anticipate that Old Republic International will post 3.17 EPS for the current fiscal year. Analysts Set New Price TargetsORI has been the subject of a number of research reports. Raymond James Financial upgraded shares of Old Republic International from an "outperform" rating to a "strong-buy" rating and increased their target price for the stock from $43.00 to $47.00 in a research report on Monday, September 22nd. Piper Sandler raised their price objective on shares of Old Republic International from $46.00 to $51.00 and gave the stock an "overweight" rating in a report on Monday. Finally, Weiss Ratings reiterated a "buy (a-)" rating on shares of Old Republic International in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to MarketBeat, Old Republic International presently has an average rating of "Strong Buy" and a consensus target price of $49.00.Read Our Latest Report on Old Republic InternationalAbout Old Republic International (Get Free Report)Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business.Featured StoriesFive stocks we like better than Old Republic InternationalAre Penny Stocks a Good Fit for Your Portfolio?CrowdStrike Stock Can't Catch a Break—Even After a Blowout QuarterWhy Are These Companies Considered Blue Chips?Chewy Stock Just Flashed a Major Buy Signal for 2026Best ESG Stocks: 11 Best Stocks for ESG InvestingBroadcom Slips Post-Earnings Even as AI Demand Goes ParabolicThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Old Republic International Right Now?Before you consider Old Republic International, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Old Republic International wasn't on the list.While Old Republic International currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here