OLD REPUBLIC INTERNATIONAL CORP · Surety Insurance

ORI

Low riskNext report: Around Jan 21, 2027 (est.)

View price ↗

The short version

A high-quality, profitable business with growing sales.

Going well

Sales up 13% in the latest quarter vs a year ago
Raised its dividend (9.5% yield)
Profitable every year for 10 years

Money moves

No insider buying or selling in the last 30 days
Institutions added 0.7% to their holdings in the quarter ending June 2026 (269 bought, 332 sold)
Held by Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$38.45-1.2% that day

Company value: $9.3B; Share price times all shares
Price vs profit (P/E): 8.4x; You pay about $8 for each $1 of yearly profit
Price vs sales: 0.96x; Company value is 0.96 times a year of sales
Dividend yield: 9.5%; Yearly dividend as a share of today's price
Cash vs value: 4%; Cash as a share of company value

From ORI's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$2.5B+13% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $9.7B, up 12% from the 12 months before. Over 5 years, sales grew about 5.0% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of ORI. Starting points are the company's recent numbers.

Sales growth+12% a yearRecently: +12% a yearProfit margin12%Last 12 months: 11.7%P/E at the end8xToday: 8.4x. Many steady companies trade at 12x to 25xShare count change-5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$17.1B

Profit in 5 years$2.1B

Price these guesses point to$88.00+129% vs $38.45 todayAbout +18% a year, before dividends

What today's price needs: with a 12% margin and a 8x P/E, sales could shrink about 5.1% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/5Strong

PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.2%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.2%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.2B
PassShare count not growingNot diluting owners. Falling means buybacks.-17.1% in 3 years

Revenue: $9.1B; +11.0% vs prior year
5-year growth: +5.0%/yr; revenue, per year
Free cash flow: $1.2B; 12.7% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.