Dividend Spotlight- Old Republic International (NYSE:ORI)

Old Republic International Corporation (NYSE:ORI) shares have seen a price percentage change of -1.13% and finalized at $20.2 on Thursday. The company traded a volume of 2997040 shares contrast to the average volume of 3071.6K shares. At the time of closing of recent trade, Shares of the company noted price movement 18.46% away from 52-week low and traded -9.58% away from the 52-week high level.

The Board of Directors of Old Republic International Corporation (NYSE:ORI) reported a quarterly cash dividend on the common stock of 19.5 cents per share.  This dividend is payable March 15, 2018, to shareholders of record on March 5, 2018.  Subject to Board approval of each quarter’s new rate, the full year’s cash dividend will amount to 78 cents per share compared to 76 cents paid in 2017.

This latest dividend increase marks the 37th consecutive year that Old Republic has boosted its cash dividend rate, and 2018 becomes the 77th year of uninterrupted cash dividend payments.

Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.11% and month of 2.41%.   Investors often look to the beta in order to measure risk by comparing a stock’s volatility to that of the overall market. The stock currently has a beta value of 1.36. Stocks with a beta value over 1 have historically been more volatile than the overall market. Stocks that have a beta value under 1 have historically been less volatile than the overall market.

Wall Street analysts have a consensus target price of $24. Target predictions might differ vastly from analyst to analyst. This target is applying estimates from analysts compiled by Finviz. In terms of analyst’s ratings score, the company has a mean rating of 2.  This is based on a 1-5 numeric scale where 5 stand for a Strong Buy, 3 means Hold and 1 signify a Strong Sell.

Looking back over the past week, shares have seen a percentage change of -0.98%. If we scroll back to the price percentage change since the start of the calendar year, we can see that shares are -0.74%. Going back a period of 12 weeks, we can see that shares have changed 0.96%. Relative Strength Index (RSI) value of this stock now standing at 45.02. An RSI, or relative strength index, can reveal when a trend reversal is imminent. If an RSI is above 70, the stock is overbought. If an RSI rests below 30, the stock is oversold.

About the Author

Kyle Webster
Kyle Webster
Kyle Webster is a self taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Kyle is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Research News category for our site. He can be reached via Email Contact -  kyle@mostvolatilestocks.com.

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