ORI - Old Republic International Stock: My Thesis Materializes I Say 'Hold'
2024-04-26 08:50:42 ET
Summary
- Old Republic International Corporation reported soft quarterly results, making investing in the company unappealing at this time.
- Old Republic is a conservative and well-run insurance company with stability and a well-covered dividend, but its valuation and potential are not impressive.
- The company's move from title insurance to general insurance is ongoing, with general insurance being more capital-heavy but offering better trends.
Dear readers/followers,
In this article, I'm going to update my thesis for Old Republic International Corporation ( ORI ). This is an insurance player that I have covered before - and where I went "HOLD" about two articles ago . The last article for the company is one you can find here.
In this piece, it's time for an update for ORI. The company reported its quarterly results yesterday, and those results weren't fantastic. In fact, ORI as a whole isn't in a fantastic position at this particular time, which makes investing in the business not that appealing a possibility or a potential here....
Old Republic International Stock: My Thesis Materializes, I Say 'Hold'