Old Republic International Stock Buy Hold or Sell Recommendation
| ORI Stock | USD 30.02 0.28 0.92% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Old Republic International is 'Strong Hold'. Macroaxis provides Old Republic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ORI positions. The advice algorithm takes into account all of Old Republic's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Old Republic's buy or sell advice are summarized below:
Real Value 29.78 | Target Price 30 | Hype Value 30.01 | Market Value 30.02 | Naive Value 30.31 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Old Republic International given historical horizon and risk tolerance towards Old Republic. When Macroaxis issues a 'buy' or 'sell' recommendation for Old Republic International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Old |
Execute Old Republic Buy or Sell Advice
The Old recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Old Republic International. Macroaxis does not own or have any residual interests in Old Republic International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Old Republic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Old Republic Trading Alerts and Improvement Suggestions
| The company has 1.59 B in debt with debt to equity (D/E) ratio of 0.28, which may show that the company is not taking advantage of profits from borrowing. Old Republic Interna has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Old Republic until it has trouble settling it off, either with new capital or with free cash flow. So, Old Republic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Old Republic Interna sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Old to invest in growth at high rates of return. When we think about Old Republic's use of debt, we should always consider it together with cash and equity. | |
| About 74.0% of Old Republic shares are owned by institutional investors | |
| On 21st of March 2024 Old Republic paid $ 0.265 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Old Republic Q1 2024 Earnings Preview |
Old Republic Returns Distribution Density
The distribution of Old Republic's historical returns is an attempt to chart the uncertainty of Old Republic's future price movements. The chart of the probability distribution of Old Republic daily returns describes the distribution of returns around its average expected value. We use Old Republic International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Old Republic returns is essential to provide solid investment advice for Old Republic.
| Mean Return | 0.02 | Value At Risk | -1.63 | Potential Upside | 1.68 | Standard Deviation | 1.53 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Old Republic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Old Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Old Republic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Old Republic International backward and forwards among themselves. Old Republic's institutional investor refers to the entity that pools money to purchase Old Republic's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2023-12-31 | 3 M | Berkley W R Corp | 2023-12-31 | 2.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.5 M | Miller Howard Investments Inc | 2023-12-31 | 2.4 M | Arrowstreet Capital Limited Partnership | 2023-12-31 | 2.3 M | Amvescap Plc. | 2023-12-31 | 2.2 M | Aqr Capital Management Llc | 2023-12-31 | 2.2 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.8 M | Thompson, Siegel & Walmsley Llc | 2023-12-31 | 1.8 M | Blackrock Inc | 2023-12-31 | 31.7 M | Vanguard Group Inc | 2023-12-31 | 26.5 M |
Old Republic Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (21.5M) | 39.9M | 39.4M | (77.1M) | 121.8M | 127.9M | |
| Free Cash Flow | 936.2M | 1.2B | 1.3B | 1.2B | 880.4M | 584.2M | |
| Other Non Cash Items | 286.8M | (682M) | 157.9M | (931.6M) | 169.3M | 165.8M | |
| Dividends Paid | 538.7M | 250.1M | 1.0B | 579.7M | 275.5M | 202.3M | |
| Net Income | 1.1B | 558.6M | 1.5B | 686.4M | 598.6M | 365.3M | |
| End Period Cash Flow | 78.8M | 118.7M | 158.1M | 81M | 202.8M | 178.3M | |
| Change To Netincome | (662.7M) | (14.2M) | (785.1M) | (62.2M) | (56.0M) | (58.8M) | |
| Investments | (423.3M) | (844.8M) | (889.4M) | (2.6B) | 79.1M | 83.1M | |
| Change Receivables | 22.8M | (46.4M) | (137.9M) | (11.4M) | (10.3M) | (10.8M) | |
| Net Borrowings | (4.7M) | (8.4M) | (8.6M) | 620.8M | 713.9M | 749.6M | |
| Depreciation | 27.6M | 26.8M | 26.9M | 28.3M | 33M | 21.9M |
Old Republic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Old Republic or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Old Republic's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Old stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.53 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | -0.04 |
Old Republic Volatility Alert
Old Republic International currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Old Republic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Old Republic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Old Republic Fundamentals Vs Peers
Comparing Old Republic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Old Republic's direct or indirect competition across all of the common fundamentals between Old Republic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Old Republic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Old Republic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Old Republic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Old Republic to competition |
| Fundamentals | Old Republic | Peer Average |
| Return On Equity | 0.0951 | -0.31 |
| Return On Asset | 0.0201 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 8.89 B | 16.62 B |
| Shares Outstanding | 275.5 M | 571.82 M |
| Shares Owned By Insiders | 7.38 % | 10.09 % |
| Shares Owned By Institutions | 74.38 % | 39.21 % |
| Number Of Shares Shorted | 2.18 M | 4.71 M |
| Price To Earning | 9.33 X | 28.72 X |
| Price To Book | 1.26 X | 9.51 X |
| Price To Sales | 1.11 X | 11.42 X |
| Revenue | 7.26 B | 9.43 B |
| Gross Profit | 5.64 B | 27.38 B |
| EBITDA | 598.6 M | 3.9 B |
| Net Income | 598.6 M | 570.98 M |
| Cash And Equivalents | 1.47 B | 2.7 B |
| Cash Per Share | 4.85 X | 5.01 X |
| Total Debt | 1.59 B | 5.32 B |
| Debt To Equity | 0.28 % | 48.70 % |
| Current Ratio | 0.57 X | 2.16 X |
| Book Value Per Share | 23.36 X | 1.93 K |
| Cash Flow From Operations | 880.4 M | 971.22 M |
| Short Ratio | 1.22 X | 4.00 X |
| Earnings Per Share | 2.10 X | 3.12 X |
| Price To Earnings To Growth | (0.85) X | 4.89 X |
| Target Price | 34.0 | |
| Number Of Employees | 9.2 K | 18.84 K |
| Beta | 0.86 | -0.15 |
| Market Capitalization | 8.35 B | 19.03 B |
| Total Asset | 20.88 B | 29.47 B |
| Retained Earnings | 5.64 B | 9.33 B |
| Annual Yield | 0.04 % |
Note: Disposition of 9086 shares by Carolyn Monroe of Old Republic at 27.67 subject to Rule 16b-3 [view details]
Old Republic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Old . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 231961.0 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 29.65 | |||
| Day Typical Price | 29.77 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | (0.28) |
About Old Republic Buy or Sell Advice
When is the right time to buy or sell Old Republic International? Buying financial instruments such as Old Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.6B | 1.6B | 1.6B | 1.7B | Total Assets | 25.0B | 25.2B | 20.9B | 12.7B |
Use Investing Ideas to Build Portfolios
In addition to having Old Republic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 97 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Latest Losers Theme or any other thematic opportunities.
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Check out Old Republic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Old Stock analysis
When running Old Republic's price analysis, check to measure Old Republic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Republic is operating at the current time. Most of Old Republic's value examination focuses on studying past and present price action to predict the probability of Old Republic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Republic's price. Additionally, you may evaluate how the addition of Old Republic to your portfolios can decrease your overall portfolio volatility.
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Is Old Republic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Republic. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Republic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.60) | Dividend Share 0.98 | Earnings Share 2.1 | Revenue Per Share 25.672 | Quarterly Revenue Growth (0.17) |
The market value of Old Republic Interna is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Republic's value that differs from its market value or its book value, called intrinsic value, which is Old Republic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Republic's market value can be influenced by many factors that don't directly affect Old Republic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Republic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Republic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Republic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.