Old Republic International Corp
Old Republic International Corp (ORI) is listed on NYSE and classified in Insurance - Property & Casualty, part of the Financial Services sector. It is headquartered in Chicago, United States and has 9,500 employees. The company is worth $9.68B and trades at 8.8x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $9.14B in fiscal 2025, up 11.0% from the year before. Net income was $935.4M. The share price is 14.3% below its 52-week high of $46.76. It pays a dividend yielding 9.32%, and has raised its annual dividend for 28 years in a row in our records. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $206.12M. In that quarter, 4 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +65.5% over 5Y.
today you would have $2,128.40▲ +112.8%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $45.64 | $36.19 | $29.40 | $24.15 | $24.58 | $19.71 | $22.37 | $20.57 | $21.38 | $19.00 | $18.63 | $14.63 | $17.27 | $10.65 | $9.27 | $13.63 | $10.04 | $11.92 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 14.7% a year plus a 9.3% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 11.2 across this company’s own years on record.
Cash flow growing 14.7% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ZIONZions Bancorporation National Association | $66.39 | 8.1x | 1.3x | 2.89% | 16.66% | $9.69B |
| ONBOld National Bancorp | $25.16 | 10.2x | 1.2x | 2.31% | 10.61% | $9.63B |
| CFRCullen/frost Bankers Inc | $157.68 | 14.7x | 2.2x | 2.61% | 15.50% | $9.8B |
| EVREvercore Inc. |
| P/E | 11.2x | 12.3x | 11.2x | 14.0x | 10.7x | 4.9x | 10.5x | 6.4x | 16.6x | 11.1x | 11.7x | 12.6x | 10.2x | 11.0x | — | — | 104.8x | — | — |
| P/S | 0.8x | 1.2x | 1.1x | 1.1x | 0.9x | 0.8x | 0.8x | 0.9x | 1.0x | 0.9x | 0.8x | 0.8x | 0.7x | 0.8x | 0.6x | 0.5x | 0.9x | 0.6x | 0.9x |
| P/B | 1.1x | 1.9x | 1.6x | 1.3x | 1.2x | 1.1x | 1.0x | 1.1x | 1.2x | 1.2x | 1.1x | 1.3x | 1.0x | 1.2x | 0.8x | 0.6x | 0.9x | 0.6x | — |
| EPS | $3.72 | $3.24 | $2.10 | $2.26 | $5.05 | $1.87 | $3.51 | $1.24 | $1.92 | $1.62 | $1.48 | $1.44 | $1.57 | -$0.27 | -$0.55 | $0.13 | -$0.42 | -$2.41 |
| Dividend yield | 5.35% | 6.92% | 2.93% | 3.33% | 7.95% | 13.75% | 4.26% | 8.05% | 8.65% | 3.55% | 3.96% | 3.97% | 5.00% | 4.17% | 6.68% | 7.55% | 5.08% | 6.77% | 5.62% |
| Payout | 50.42% | 84.95% | 32.72% | 46.67% | 84.96% | 66.93% | 44.92% | 51.28% | 143.55% | 39.58% | 46.42% | 50.00% | 50.83% | 45.86% | — | — | 532.31% | — | — |
| Profit margin | 7.85% | 10.24% | 10.36% | 8.25% | 8.49% | 16.42% | 7.80% | 14.16% | 5.92% | 8.95% | 7.91% | 7.32% | 7.41% | 8.23% | -1.38% | -3.02% | 0.73% | -2.61% | -17.24% |
| ROE | 10.47% | 15.82% | 15.18% | 9.34% | 11.12% | 22.26% | 9.03% | 17.61% | 7.20% | 11.84% | 10.47% | 10.88% | 10.44% | 11.86% | -1.91% | -3.72% | 0.73% | -2.55% | — |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+268.9% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $255.39 |
| 14.4x |
| 5.3x |
| 1.39% |
| 39.50% |
| $9.82B |
| BNTBrookfield Wealth Solutions Ltd. | $36.54 | 43.5x | 0.7x | 0.77% | 1.04% | $10.03B |
| IRENIREN Ltd | $25.51 | — | 2.3x | 0.00% | -23.41% | $10.05B |