Raymond James analyst Charles Peters reiterated a Buy rating on Old Republic International (NYSE:ORI) Corp. on Monday, setting a price target of $21, which is approximately 16.02% above the present share price of $18.1.
Peters expects Old Republic International Corp. to post earnings per share (EPS) of $0.83 for the first quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Old Republic International, with an average price target of $21.
The analysts price targets range from a high of $21 to a low of $21.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.88 billion and a net profit of $0. The company's market cap is $5.5 billion.
According to TipRanks.com, Raymond James analyst Charles Peters is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.2% and a 63.53% success rate.
Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance Group, Title Insurance Group, and Republic Financial Indemnity Group Run-off Business. The General Insurance Group segment involves in providing property and liability insurance to commercial clients. The Title Insurance Group segment includes issuance of policies to real estate purchasers and investors. The Republic Financial Indemnity Group Run-off Business segment consists of mortgage guaranty and consumer credit indemnity operations. The company was founded in 1923 and is headquartered in Chicago, IL.