A Director at Old Republic International Corp (NYSE: ORI) is Buying Shares

By Carrie Williams

Today, a Director at Old Republic International Corp (NYSE: ORI), Steven R. Walker, bought shares of ORI for $20.21K.

Following Steven R. Walker’s last ORI Buy transaction on November 01, 2016, the stock climbed by 5.5%. This recent transaction increases Steven R. Walker’s holding in the company by 4.55% to a total of $1.22 million.

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Based on Old Republic International Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.65 billion and quarterly net profit of $275 million. In comparison, last year the company earned revenue of $1.59 billion and had a net profit of $46.1 million. ORI’s market cap is $6.48B and the company has a P/E ratio of 11.58. Currently, Old Republic International Corp has an average volume of 217.9K.

Starting in October 2017, ORI received 4 Buy ratings in a row.

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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.