Added to YB: 2026-04-01
Pitch date: 2026-03-25
ORI [neutral]
Old Republic International Corporation
+1.45%
current return
Author Info
No bio for this author
Company Info
Old Republic International Corporation, through its subsidiaries, provides insurance underwriting and related services in the United States and Canada.
Market Cap
$9.6B
Pitch Price
$39.33
Price Target
N/A
Dividend
9.28%
EV/EBITDA
8.16
P/E
10.60
EV/Sales
1.22
Sector
Insurance
Category
value
Heartland Opportunistic Value Equity Strategy Portfolio Holding: Old Republic International Corporation
ORI (holding update): Initiated 2019-2020 during pandemic dip. CEO Smiddy unwound bad mortgage insurance bet, returned capital via 20% buyback (2022-2024) when undervalued + five special dividends totaling $15/share (stock was low-to-mid $20s in 2019). Growing via recruiting talent for niche short-tail lines. Trades fair value absolute, discount vs larger peers. Expect continued intrinsic value growth.
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