With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.3 million shares. The 52-week range on ORI shows that it touched its highest point at $39.84 and its lowest point at $27.87 during that stretch. It currently has a 1-year price target of $42.00. With its current market cap of 9.38 billion, ORI has annualized dividend of $1.04 while the current yield stands at 2.74%. Beta for the stock currently stands at 0.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORI was down-trending over the past week, with a drop of -0.34%, but this was up by 0.58% over a month. Three-month performance surged to 4.00% while six-month performance rose 8.39%. The stock gained 29.18% in the past year, while it has gained 11.08% so far this year. A look at the trailing 12-month EPS for ORI yields 3.06 with Next year EPS estimates of 3.46. For the next quarter, that number is 0.81. This implies an EPS growth rate of 7.26% for this year and 6.53% for next year. EPS is expected to grow by 3.92% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.55%.
Float and Shares Shorts:
At present, 247.16 million ORI shares are outstanding with a float of 227.33 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORI since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.81946 being high and $2.76819 being low. For ORI, this leads to a yearly average estimate of $2.79895.
