- Old Republic’s net premiums earned in the first quarter were $1.84 billion, marking a 12% increase year-over-year. This closely met the estimated $1.85 billion.
- The company’s net investment income rose to $170.7 million, a 4% increase compared to the previous year, surpassing the estimate of $170.6 million.
- Operating revenue for Old Republic reached $2.06 billion, reflecting an 11% increase from the prior year.
- The adjusted earnings per share (EPS) for the first quarter was 81 cents, up from 67 cents in the same period last year, and above the estimated 74 cents.
- The company’s stock ratings include 2 buys, 1 hold, and no sells from analysts.
Old Republic Intl on Smartkarma
Analyst coverage of Old Republic International on Smartkarma reveals insights from Baptista Research. In their report titled “Old Republic International: An Insight Into Its Capital Management Approach!“, they highlight the company’s strong fourth-quarter performance in 2024. Consolidated pretax operating income showed a 20% increase, reaching $285 million. This growth was attributed to the Specialty Insurance segment, which saw a 13% rise in net premiums earned, leading to an improved pretax operating income of $228 million. The report also notes a slightly improved consolidated combined ratio of 92.7%, indicating better underwriting efficiency.
Another report by Baptista Research, “Old Republic International Corporation: Will Its Expansion of Specialty Underwriting Bring A Shift In The Competitive Dynamics? – Major Drivers,” discusses the company’s third-quarter 2024 earnings. The analysis points out mixed results influenced by market factors, with consolidated pretax operating income declining to $229 million from $251 million the previous year. Furthermore, the consolidated combined ratio increased to 95% from 92%, signaling a dip in underwriting performance. These reports on Old Republic International provide valuable insights for investors on Smartkarma seeking informed decisions.
A look at Old Republic Intl Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Old Republic International Corporation, an insurance holding company, is positioned with a mixed bag of Smart Scores. While its Dividend and Momentum scores are at the top end at 4 and 5 respectively, its Value, Growth, and Resilience scores are all clustered at the middle level of 3. This indicates that the company may offer attractive dividend returns and currently exhibits strong positive momentum in the market. However, its overall value, growth potential, and resilience to market fluctuations are seen as average. Investors looking at Old Republic Intl should consider these mixed scores in their long-term investment decisions.
Old Republic Intl‘s Smart Score breakdown reflects a company with solid dividend payouts and strong market momentum, but with room for improvement in value, growth prospects, and resilience. With a diverse range of insurance services covering property and liability, mortgage guaranty, title, and life and health insurance fields, the company’s performance across various Smart Karma metrics suggests a nuanced long-term outlook. Investors should weigh these factors carefully when assessing the investment potential of Old Republic International Corporation.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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