# Old Republic International Corporation (ORI)

> Source: Nexqual · https://nexqual.com/ORI · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Old Republic International Corporation (ORI), nexqual.com/ORI" · informational, not investment advice.

**Price:** USD 38.67 (+0.68% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 38.41 · day 38.44–39.53 · 52w 36.65–46.76 · market cap $9.34B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $9.72B, net income $1.14B (11.7% margin) (SEC filings).
- Valuation: P/E 8.2x (avg 12.5x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold ORI (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 2.67 on a 1–5 scale) (3 analysts), mean target USD 43.5 (range 39–48).
- Total return with dividends: 1Y +3.1% vs S&P 500 +18.1%; 5Y +117.5% vs S&P 500 +85.1%.
- Next earnings: 2026-10-22, EPS estimate USD 0.79, revenue estimate $2.49B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.34B | $8.08B | $7.26B | $8.23B | $9.14B | $9.72B |
| Net income | $1.53B | $686M | $599M | $853M | $935M | $1.14B |
| EPS (diluted) | $5.05 | $2.26 | $2.10 | $3.24 | $3.72 | — |
| Net margin | 16.4% | 8.5% | 8.2% | 10.4% | 10.2% | 11.7% |
| Revenue growth | +30.4% | -13.5% | -10.2% | +13.4% | +11.0% | — |
| Cash + short-term investments | $158M | $81.0M | $203M | $202M | $263M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 8.2x · P/S 1.0x · P/B 1.5x · Earnings yield 12.19% · Dividend yield (paid, TTM) 9.77% · Buyback yield (TTM) 3.41%
P/E at fiscal year-ends: Dec 2025 12.3x, Dec 2024 11.2x, Dec 2023 14.0x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold ORI. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.02% | $11.4M | Added +3.8% |

## Analysts
Consensus Hold (mean 2.67 on a 1–5 scale), 3 analysts; mean target USD 43.5 (low 39, high 48).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-24 | Piper Sandler | Target lowered | Neutral | $40 → $39 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +3.1% | +117.5% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +3.1% | +16.8% |
| Volatility (annualized) | 23.2% | 21.4% |
| Max drawdown | -16.2% (Dec 2025→Jun 2026) | -19.5% (Feb 2022→Jun 2022) |

## Peers (Insurance - Property & Casualty)
KNSL (Kinsale Capital Group, Inc.) USD 357.49 +5.15% · THG (Hanover Insurance Group Inc) USD 228.42 +2.69% · AFG (American Financial Group, Inc.) USD 145.73 +0.77% · CNA (CNA Financial Corporation) USD 47.31 +1.24% · AIZ (Assurant, Inc.) USD 281.87 +4.01% · RLI (RLI Corp.) USD 59.48 +4.17%

## More
Full page: https://nexqual.com/ORI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt