OakChart

Old Republic International Corp

ORIFinancial·Insurance - Property & Casualty·USA·Mid·NYSE·Nov 11 • 11:27 AM ET

39.82-0.71 (-1.76%)
2026-11-11 17:27 CET
Market cap
9,719.42 USD m
Revenue, TTM
9,718.00 USD m
Net income, TTM
1,101.90 USD m
Free cash flow, TTM
1,145.50 USD m
EPS diluted, TTM
4.44
P/E
8.97
Compare

Price

ORI against its 20, 50 and 200-day averages
2050200beat
38.0040.0042.0044.002.9M5.8MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ORIclose 39.8220-day 39.2650-day 39.28200-day 40.3839.8252w high52w low

10.8% under the 52-week high of 44.65 on 29 Jul 2026. 52-week low 36.65 on 1 Jun 2026. Last 15 sessions, 10.3% high to low

Profile

ORI
52-week range, 40% of the way up
36.6544.65

Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance, Title Insurance, Republic Financial Indemnity Group (RFIG) Run-Off, and Corporate and Other. The General Insurance segment provides property and liability insurance primarily to commercial clients. The Title Insurance segment is involved in the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. The RFIG Run-Off segment focuses on mortgage guaranty and consumer credit indemnity operations. The Corporate and Other segment includes a small life and accident insurance business. The company was founded in 1923 and is headquartered in Chicago, IL.

IndexRUI
Employees9500
IPONov 01, 1982
Beta0.52
ATR, 14d0.89
Rel volume0.57
Short float5.16%
Insider own7.73%
Inst own78.13%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap9.55B
Enterprise Value-
Income1.10B
Sales9.72B
Book/sh24.50
Cash/sh-
Dividend Est.1.26 (3.16%)
Dividend TTM1.22 (3.06%)
Dividend Ex-DateSep 04, 2026
Dividend Gr. 3/5Y8.03% 6.67%
Payout31.17%
Employees9500
IPONov 01, 1982

Ratios

P/E8.97
Forward P/E12.50
PEG11.90
P/S0.98
P/B1.63
P/C-
P/FCF8.34
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio0.67
Debt/Eq0.30
LT Debt/Eq0.30
Option/ShortYes / Yes

Earnings

EPS (ttm)4.44
EPS next Y3.19
EPS next Q0.78
EPS this Y-8.25%
EPS next Y10.26%
EPS next 5Y1.05%
EPS past 3/5Y18.04% 14.77%
Sales past 3/5Y4.16% 4.98%
EPS Y/Y TTM33.90%
Sales Y/Y TTM11.08%
EPS Q/Q-11.36%
Sales Q/Q0.05%
EarningsOct 22 BMO
EPS/Sales Surpr.-7.47% 2.35%

Ownership

Insider Own7.73%
Insider Trans-0.25%
Inst Own78.13%
Inst Trans-0.92%
ROA4.90%
ROE17.92%
ROIC14.45%
Gross Margin-
Oper. Margin13.60%
Profit Margin11.34%
SMA201.41%
SMA501.36%
SMA200-1.40%
Trades-

Technical

Shs Outstand239.81M
Shs Float221.27M
Short Float5.16%
Short Ratio7.31
Short Interest11.41M
52W High44.65 -10.82%
52W Low36.65 8.64%
Volatility2.28% 2.18%
ATR (14)0.89
RSI (14)54.19
Beta0.52
Rel Volume0.57
Avg Volume1.56M
Volume299,341

Performance

Perf Week-0.35%
Perf Month4.37%
Perf Quarter-6.88%
Perf Half Y2.62%
Perf YTD-7.70%
Perf Year-0.01%
Perf 3Y59.69%
Perf 5Y81.71%
Perf 10Y227.44%
Recom2.80
Target Price43.50
Prev Close40.53
Price39.82
Change %-1.76%

Analyst ratings

latest 10 of 12
DateActionAnalystRating changeTargetImplied
Oct 23, 2026DowngradeRRaymond JamesStrong Buy → Outperform$45+13.0%
Jan 22, 2026DowngradePPiper SandlerOverweight → Neutral$38-4.6%
Sep 22, 2025UpgradeRRaymond JamesOutperform → Strong Buy$47+18.0%
Feb 12, 2024UpgradePPiper SandlerNeutral → Overweight$32-19.6%
May 17, 2023InitiatedPPiper SandlerNeutral$27-32.2%
Apr 29, 2022DowngradeRRaymond JamesStrong Buy → Outperform$30 → $28-29.7%
Jul 12, 2019DowngradeJJMP SecuritiesMkt Outperform → Mkt Perform
Feb 12, 2018UpgradeJJMP SecuritiesMkt Perform → Mkt Outperform
Oct 30, 2017UpgradeRRaymond JamesOutperform → Strong Buy
Jan 28, 2011ReiteratedWWunderlichBuy$19 → $16-59.8%

Peers

Mkt cap
TickerCompanyMkt cap
AFGAmerican Financial Group Inc13.22B
WRBW.R. Berkley Corp28.17B
CNACNA Financial Corp12.90B
RLIRLI Corp6.24B
CINFCincinnati Financial Corp28.98B
MKLMarkel Group Inc23.97B
FAFFirst American Financial Corp6.75B
FNFFidelity National Financial Inc11.62B
STCStewart Information Services Corp1.33B
HIGHartford Insurance Group Inc36.15B

Insider trading

latest 14 of 21
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
MONROE CAROLYNSVP - Title InsuranceSep 01 '26Sale42.014,386184,25627,875Sep 03 01:57 PM
MONROE CAROLYNOfficerSep 01 '26Proposed Sale42.004,386184,234Sep 01 12:35 PM
MONROE CAROLYNSVP - Title InsuranceAug 11 '26Option Exercise34.1615,080515,13347,341Aug 13 11:10 AM
MONROE CAROLYNSVP - Title InsuranceAug 11 '26Sale42.261,78875,56132,261Aug 13 11:10 AM
MONROE CAROLYNOfficerAug 11 '26Proposed Sale42.261,78875,561Aug 11 02:07 PM
LANGE JEFFREYSVPUnderwriting & DistributionJul 29 '26Sale43.7614,075615,92212,244Jul 31 12:30 PM
Jeffrey LangeCOOJul 29 '26Proposed Sale43.7214,075615,309Jul 30 04:26 PM
OBERST STEPHEN JExecutive Vice PresidentJul 28 '26Option Exercise21.53208,0004,478,410245,398Jul 30 01:18 PM
OBERST STEPHEN JExecutive Vice PresidentJul 28 '26Sale43.9613,125576,97582,205Jul 30 01:18 PM
OBERST STEPHEN JOfficerJul 28 '26Proposed Sale43.9613,125576,912Jul 28 01:22 PM
MONROE CAROLYNSVP - Title InsuranceMay 12 '26Option Exercise21.7649,3741,074,28381,635May 14 01:18 PM
MONROE CAROLYNSVP - Title InsuranceMay 12 '26Sale38.7613,330516,67132,261May 14 01:18 PM
MONROE CAROLYNOfficerMay 12 '26Proposed Sale38.7613,330516,715May 12 11:28 AM
Risch TheraceDirectorMay 01 '26Buy39.9030011,97012,843May 05 12:47 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
SCHDSchwab US Dividend Equity ETFAUM: 122.69B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
DVYiShares Select Dividend ETFAUM: 23.68B
FDVVFidelity High Dividend ETFAUM: 10.49B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
SDVYFirst Trust SMID Cap Rising Dividend Achievers ETFAUM: 11.33B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-

News

latest 14 of 202
  • Old Republic Misses On Operating EPS As Specialty Margins Erode Beneath Faster, Partly Acquired Premium Growth (Earnings Whispers)
  • Old Republic: Q3 Earnings Snapshot (Associated Press)
  • OLD REPUBLIC REPORTS RESULTS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2026 (PR Newswire)
  • Why Frontdoor Stock Deserves To Be In Your Portfolio (Trefis)
  • OLD REPUBLIC ANNOUNCES THIRD QUARTER 2026 EARNINGS CALL (PR Newswire)
  • Loading…
  • OLD REPUBLIC ANNOUNCES PARTNERSHIP WITH THE AMERICAN RED CROSS (PR Newswire)
  • OLD REPUBLIC DECLARES THIRD QUARTER REGULAR DIVIDEND OF 31.5 CENTS PER SHARE (PR Newswire)
  • OLD REPUBLIC ANNOUNCES STRATEGIC HIRE AT OLD REPUBLIC EXCESS & SURPLUS (PR Newswire)
  • Old Republic International Corp (ORI) Q2 2026 Earnings Call Highlights: Navigating Challenges ... (GuruFocus.com)
  • Old Republic: Q2 Earnings Snapshot (Associated Press)
  • OLD REPUBLIC REPORTS RESULTS FOR THE SECOND QUARTER AND FIRST HALF 2026 (PR Newswire)
  • OLD REPUBLIC ANNOUNCES NATIONAL PARTNERSHIP WITH HOPE FOR THE WARRIORS (PR Newswire)
  • OLD REPUBLIC ANNOUNCES SECOND QUARTER 2026 EARNINGS CALL (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-220.7300.7890.9902,5512,4924
2026Q22026-07-230.7600.7931.3092,5042,3753
2026Q12026-04-230.6800.7931.3232,3992,2704
2025Q42026-01-220.7400.8690.8222,3892,3134
2025Q32025-10-230.7800.7611.1122,4242,2764
2025Q22025-07-240.8300.8060.8142,2092,1784
2025Q12025-04-240.8100.7400.9812,1142,0354
2024Q42025-01-230.9000.6960.4162,0022,1134
2024Q32024-10-240.7100.7271.3192,3422,0654
2024Q22024-07-250.7600.6400.3461,8721,9194
2024Q12024-04-250.6700.6541.1502,0161,8444
2023Q42024-01-250.6900.7100.6881,9411,9454
2023Q32023-10-260.7200.6200.1881,7601,8874
2023Q22023-07-270.6200.5430.5401,7981,9324
2023Q12023-04-270.6100.5270.6801,7591,7783
2022Q42023-01-260.8000.5521.6922,3461,8603

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY1.7001.0361.9196,2636,178
2018FY1.8601.8661.2416,0226,315
2019FY1.8401.7793.5077,2146,882
2020FY2.2401.9341.8697,1666,309
2021FY3.0802.9285.0539,3428,806
2022FY2.7902.5602.2638,0847,597
2023FY2.6302.6892.0977,2587,262
2024FY3.0302.7993.2448,2328,343
2025FY3.1503.2683.7209,1369,060
2026FY-2.890--9,970
2027FY-3.187--10,318
2028FY-3.250--10,878

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-222012,5162,4872,546
2026Q4S2026-10-072002,5372,5362,538
2026Q4S2026-07-242102,5372,5362,538
2026Q4S2026-07-232002,5232,5092,536
2026Q4S2026-07-082002,5162,5092,523
2026Q4S2026-04-242012,5162,5092,523
2026Q4S2026-04-232002,5482,5232,573
2026Q4S2026-04-082002,5522,5312,573
2026Q4S2026-04-072102,5522,5312,573
2026Q4S2026-01-232202,5522,5312,573
2026Q4S2026-01-222102,4842,4372,531
2026Q4S2026-01-062002,4542,4372,471
2026Q4S2025-11-112102,4542,4372,471
2026Q4S2025-11-102102,4542,4372,471

Estimate history

EPS, annual1.9191.2413.5071.8695.0532.2632.0973.2443.7224.4397
Period201720182019202020212022202320242025TTM
EPS, quarterly1.3190.4160.9810.8141.1120.8221.3231.3090.986
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual6263.16021.87460.571669341.58083.77258.38231.49136.39718
Period201720182019202020212022202320242025TTM
Sales, quarterly2341.520022113.92208.42424.32389.42399.42503.72425.5
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual269.239302.715303.653304.122307.566296.932278.392248.817246.355239.808
Period201720182019202020212022202320242025MRQ
Shares, quarterly253.557248.817247.164248.47247.45246.355242.827241.433239.808
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue9,718.009,136.308,231.407,258.308,083.709,341.507,166.007,460.506,021.80
Losses, Claims & Reserves3,592.803,377.303,047.902,596.502,440.202,420.902,491.402,572.602,460.70
Selling, General and Administrative Incl. Other4,803.404,504.504,036.403,843.804,719.404,942.303,942.503,525.503,080.80
Operating Income before Interest Expense1,321.801,254.501,147.10818.00924.101,978.30732.101,362.40480.30
Interest Expense87.3070.5077.4070.5066.7056.2043.7040.0042.20
Net Income Before Taxes1,358.901,184.001,069.70747.40857.401,922.10688.401,322.40438.10
Income Taxes253.30242.10217.00148.80171.00387.80129.80266.0067.60
Consolidated Net Income1,105.50941.90852.70598.60686.401,534.30558.601,056.40370.50
Net Income From Continuing Operations1,101.90935.40852.70598.60686.401,534.30558.601,056.40370.50
Net Income1,101.90935.40852.70598.60686.401,534.30558.601,056.40370.50
EPS (Recurring)4.473.723.242.102.265.051.873.511.24
EPS (Basic, Before Extraordinaries)4.563.823.302.122.285.081.873.521.26
EPS (Diluted)4.443.723.242.102.265.051.873.511.24
Non-Operating Income (Expense)124.900.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense32.09-9.8026.3015.407.202.601.703.003.24
Price To Earnings Ratio9.139.139.228.478.204.147.964.8612.20
Price To Sales Ratio0.951.261.161.160.910.800.820.901.03
Operating Margin13.6013.7313.9411.2711.4321.1810.2218.267.98
Net Margin11.3410.2410.368.258.4916.427.8014.166.15
Shares Outstanding239.81246.36248.82278.39296.93307.57304.12303.65302.71
Market Capitalization9,719.429,719.428,192.127,359.086,560.806,446.974,569.935,178.264,547.34
Operating Income after Interest Expense-1,184.001,069.70747.50857.401,922.10688.401,322.40438.10
Reserves Increase (Decrease)-0.000.000.000.000.000.000.000.00

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue2,425.502,503.702,399.402,389.402,424.302,208.402,113.902,002.00
Losses, Claims & Reserves943.90896.70840.10912.10856.80830.60777.60792.90
Selling, General and Administrative Incl. Other1,308.601,170.201,128.001,196.601,197.301,099.901,010.701,061.10
Operating Income before Interest Expense173.00436.80431.30280.70370.20277.90325.60148.00
Interest Expense25.5026.5017.7017.6017.3017.6017.8017.20
Operating Income after Interest Expense147.50410.30413.60263.10352.90260.30307.80130.80
Net Income Before Taxes272.20410.20413.40263.10352.90260.10307.70130.60
Income Taxes27.8085.8083.8055.9072.8051.7061.6025.50
Consolidated Net Income244.40324.40329.50207.20280.00208.40246.10105.10
Net Income From Continuing Operations243.20322.30330.00206.40279.50204.40245.00105.10
Net Income243.20322.30330.00206.40279.50204.40245.00105.10
EPS (Recurring)0.991.311.320.821.110.810.980.42
EPS (Basic, Before Extraordinaries)1.011.341.360.841.140.831.000.43
EPS (Diluted)0.991.311.320.821.110.810.980.42
Non-Operating Income (Expense)124.900.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense10.665.8510.604.98---4.90
Price To Earnings Ratio9.1310.0510.7012.9811.3711.8711.489.22
Price To Sales Ratio0.951.041.061.251.221.111.181.11
Operating Margin7.1317.4517.9811.7515.2712.5815.407.39
Net Margin10.0312.8713.758.6411.539.2611.595.25
Shares Outstanding239.81241.43242.83246.36247.45248.47247.16248.82
Market Capitalization9,719.429,966.239,804.6310,674.999,974.498,980.559,200.858,192.12

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Total Cash263.20201.90202.8081.00158.10118.7078.80100.30125.90
Investments16,839.0016,079.0015,867.7015,859.9016,576.3015,330.1014,359.2012,994.6013,318.00
Premium Balance Receivables - Insurance3,186.702,471.602,201.401,927.501,768.701,593.901,466.701,499.401,469.70
Net Property, Plant & Equipment169.30179.70194.40199.600.000.000.000.000.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Deferred Tax Assets313.20313.00325.40321.60337.50353.20331.40280.70254.60
Other Intangible Assets1,664.401,996.902,083.801,503.501,535.401,409.801,347.801,248.301,118.10
Total Assets22,435.8021,242.1020,875.5019,893.1020,376.0018,805.7017,583.9016,123.3016,286.30
Insurance Policy Liabilities - Insurance11,196.0010,493.209,780.109,612.509,234.208,901.308,524.808,290.208,042.00
Total Debt1,782.401,792.701,811.401,819.101,588.50966.40974.00981.401,448.70
Long Term Debt1,730.101,734.801,753.301,760.301,588.50966.40974.00981.401,448.70
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities532.50442.10431.00362.50587.00490.50443.60291.00355.10
Other Liabilities2,996.402,895.102,442.301,932.802,073.102,260.901,641.401,414.501,707.20
Total Liabilities16,507.3015,623.1014,464.8013,726.9013,482.8012,619.1011,583.8010,977.1011,553.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity5,914.005,619.006,410.706,166.206,893.206,186.606,000.105,146.204,733.30
Total Shareholders Equity5,914.005,619.006,410.706,166.206,893.206,186.606,000.105,146.204,733.30
Accumulated Minority Interest14.400.000.000.000.000.000.000.000.00
Total Equity5,928.405,619.006,410.706,166.206,893.206,186.606,000.105,146.204,733.30
Total Liabilities & Stockholders Equity22,435.7021,242.1020,875.5019,893.1020,376.0018,805.7017,583.9016,123.3016,286.30
Book Value Per Share24.0122.5823.0320.7722.4120.3419.7617.0017.58
Tangible Book Value Per Share23.3021.8622.3920.1721.8419.7719.1817.0017.58
Full-Time Employees9,5009,4009,2009,5009,6009,0009,0009,0008,700
Price to Book Ratio1.651.271.241.160.940.740.860.880.83
Return on Assets4.284.052.943.417.833.076.272.293.60
Return on Equity16.2214.189.5210.5123.469.1718.967.5012.18
Return on Invested Capital12.2411.607.338.6618.097.8115.156.059.07
Current Ratio0.640.580.550.320.300.290.190.270.32

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations659.10762.20782.80789.50887.60776.30700.60420.30606.10
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital486.40402.10450.6090.90283.00535.40484.40515.90154.40
Cash from Operating Activities1,145.501,164.301,233.40880.401,170.601,311.701,185.00936.20760.50
Capital Expenditures0.000.000.000.000.000.000.000.000.00
Net Assets From Acquisitions0.000.000.000.000.000.000.00-1.20-13.10
Sale of Fixed Assets and Businesses0.000.00136.600.000.000.000.000.000.00
Purchase or Sale of Investments96.20-179.50-139.3025.10-402.70-936.50-844.80-423.30-226.70
Purchase of Investments-4,060.70-3,118.40-4,532.60-3,480.60-5,422.90-3,410.10-2,686.70-2,675.30-2,206.60
Sale Or Maturity of Investments4,156.902,938.904,393.303,505.705,020.202,473.601,841.902,252.001,979.90
Other Uses0.000.00-4.500.00-12.300.00-0.400.000.00
Other Sources19.102.300.000.200.000.000.000.000.10
Cash from Investing Activities115.30-177.20-7.2025.30-415.00-936.50-845.20-424.50-239.70
Cash Dividends Paid-916.60-782.60-271.90-275.50-579.70-1,019.20-250.10-538.70-498.80
Change in Capital Stock-360.00-120.00-940.20-504.20-254.6060.00-43.3013.80-36.90
Repurchase of Common Pref Stock-387.90-123.80-942.20-535.30-281.200.00-50.000.00-50.00
Sale of Common Pref Stock27.903.802.0031.1026.6060.006.7013.8013.10
Proceedsfrom Stock Options27.903.802.0031.1026.6060.006.7013.8013.10
Issuance or Reduction of Debt, Net133.400.00-4.10-5.300.00620.80-8.60-8.40-4.70
Change in Long Term Debt133.400.00-4.10-5.300.00620.80-8.60-8.40-4.70
Issuance of Long Term Debt693.400.00395.900.000.00642.500.000.000.00
Reduction of Long Term Debt-560.000.00-400.00-5.300.00-21.70-8.60-8.40-4.70
Net Financing Active Other Cash Flow-24.00-23.10-10.701.801.602.702.000.20-6.00
Other Financing Activities Uses-24.00-23.10-10.700.000.000.000.000.00-6.00
Cash from Financing Activities-1,167.20-925.70-1,226.90-783.20-832.70-335.70-300.00-533.10-546.40
Net Change in Cash93.6061.40-0.70122.50-77.1039.5039.80-21.40-25.60
Free Cash Flow1,145.501,164.301,233.40880.401,170.601,311.701,185.00936.20760.50
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow40.2130.059.8913.8712.4025.526.3016.9523.66

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Total Cash336.00417.70202.10263.20242.50178.10
Investments16,666.4017,091.2016,393.5016,839.0016,753.1016,169.50
Net Property, Plant & Equipment0.000.000.00169.300.000.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Deferred Tax Assets---313.20--
Other Intangible Assets2,613.502,517.102,273.901,664.402,213.902,200.90
Total Assets22,769.0023,166.2021,653.3022,435.8022,172.0021,522.50
Insurance Policy Liabilities - Insurance12,118.6011,643.2011,288.2011,196.0011,070.2010,820.50
Total Debt1,749.702,284.001,590.201,782.401,589.601,589.30
Long Term Debt1,749.702,284.001,590.201,730.101,589.601,589.30
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities123.50262.90210.60532.50226.40191.00
Other Liabilities2,886.302,888.202,638.802,996.402,846.502,718.10
Total Liabilities16,878.1017,078.3015,727.8016,507.3015,732.7015,318.90
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity5,875.306,072.805,911.905,914.006,422.806,185.60
Total Shareholders Equity5,875.306,072.805,911.905,914.006,422.806,185.60
Accumulated Minority Interest15.5015.0013.4014.4016.3017.90
Total Equity5,890.806,087.805,925.305,928.406,439.106,203.50
Total Liabilities & Stockholders Equity22,768.9023,166.1021,653.2022,435.7022,171.9021,522.40
Book Value Per Share24.5025.1524.3524.0125.9624.89
Tangible Book Value Per Share24.5025.1524.3523.3025.9624.89
Full-Time Employees---9,500--
Price to Book Ratio1.651.681.661.661.611.52
Return on Assets4.905.094.804.283.794.21
Return on Equity17.9218.5717.2516.2212.9614.63
Return on Invested Capital3.193.864.402.703.492.63
Current Ratio0.670.680.530.640.610.58

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations199.60151.90127.80179.80175.50215.80
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital229.8047.80153.6055.20388.30-82.10
Cash from Operating Activities429.40199.70281.40235.00563.80133.70
Capital Expenditures0.000.000.000.000.000.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments198.90-537.00518.00-83.70-381.40-140.60
Purchase of Investments-1,203.90-1,068.50-818.90-969.40-707.40-806.10
Sale Or Maturity of Investments1,402.80531.501,336.90885.70326.00665.50
Other Uses0.000.000.000.000.000.00
Other Sources19.00-0.100.200.000.300.00
Cash from Investing Activities217.90-537.10518.20-83.70-381.10-140.80
Cash Dividends Paid-75.40-76.60-693.80-70.80-70.90-73.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-88.40-59.80-157.20-54.60-42.900.40
Repurchase of Common Pref Stock-112.70-60.20-159.80-55.20-43.300.00
Sale of Common Pref Stock24.300.402.600.600.400.40
Proceedsfrom Stock Options24.300.402.600.600.400.40
Issuance or Reduction of Debt, Net-560.00693.400.000.000.000.00
Change in Long Term Debt-560.00693.400.000.000.000.00
Issuance of Long Term Debt0.00693.400.000.000.000.00
Reduction of Long Term Debt-560.000.000.000.000.000.00
Net Financing Active Other Cash Flow-5.30-3.80-9.80-5.10-4.50-5.90
Other Financing Activities Uses-5.30-3.80-9.80-5.10-4.50-5.90
Cash from Financing Activities-729.10553.20-860.80-130.50-118.30-78.50
Net Change in Cash-81.80215.70-61.1020.8064.30-85.50
Free Cash Flow429.40199.70281.40235.00563.80133.70
Price to Free Cash Flow40.2127.4032.5830.0220.7522.46

Revenue breakdown

United States2024: 8.23B 2025: 9.14B
Total Surety Insurance revenue2024: 8.23B 2025: 9.14B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-305.16%11.4M221.3M1.49M
2026-10-154.83%10.8M222.8M1.35M
2026-09-304.95%11.0M222.8M1.34M
2026-09-154.73%10.5M222.2M1.34M
2026-08-314.50%10.0M222.2M1.37M
2026-08-144.13%9.2M222.3M1.44M
2026-07-314.14%9.2M222.3M1.46M
2026-07-154.09%9.2M224.3M1.54M
2026-06-304.30%9.7M224.3M1.46M
2026-06-153.87%8.7M224.2M1.55M
2026-05-293.62%8.1M224.3M1.61M
2026-05-153.77%8.4M224.3M1.73M
2026-04-303.71%8.3M223.7M1.82M
2026-04-153.33%7.5M224.4M1.95M
2026-03-313.54%8.0M226.6M2.04M
2026-03-133.08%7.0M226.6M1.87M
2026-02-273.31%7.5M226.6M1.84M
2026-02-132.64%6.0M228.1M1.85M
2026-01-302.26%5.1M227.6M1.87M
2026-01-152.21%5.0M228.2M1.73M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call22.5015.7019.400.004.2310.000.000.979-0.0320.003
call25.0014.1016.100.003.2000.000.000.929-0.1030.008
call30.009.5011.100.002.1360.000.000.963-0.0290.005
call35.004.505.904.301.2251.000.000.935-0.0240.008
call40.000.350.600.940.2739020.000.469-0.0390.025
call45.000.000.050.030.52925.000.000.070-0.0250.008
call50.000.000.950.000.7400.000.000.029-0.0170.004
call55.000.000.950.000.9930.000.000.023-0.0180.003
call60.000.000.750.001.2090.000.000.019-0.0200.003
put22.500.000.950.002.6610.000.00-0.059-0.1080.007
put25.000.000.750.002.2550.000.00-0.069-0.1030.008
put30.000.000.750.001.5290.000.00-0.099-0.0920.011
put35.000.000.100.050.8877850.00-0.160-0.0750.015
put40.000.600.800.450.28257.000.00-0.532-0.0380.025
put45.003.605.606.040.7461.000.00-0.955-0.0130.006
put50.008.5011.100.001.5020.000.00-0.970-0.0150.004
put55.0013.5015.900.001.7020.000.00-0.976-0.0160.003
put60.0018.5020.900.002.0040.000.00-0.980-0.0160.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-2613F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-09-30SEC
2026-10-228-KCurrent report2026-10-22SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-134Statement of changes in beneficial ownership of securities2026-08-11SEC
2026-08-11144Filing for proposed sale of securities under Rule 144.SEC
2026-07-314Statement of changes in beneficial ownership of securities2026-07-29SEC
2026-07-3110-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-30144Filing for proposed sale of securities under Rule 144.SEC
2026-07-304Statement of changes in beneficial ownership of securities2026-07-28SEC
2026-07-28144Filing for proposed sale of securities under Rule 144.SEC
2026-07-238-KCurrent report2026-07-23SEC
2026-07-16N-PXAnnual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX2026-06-30SEC
2026-07-1311-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-07-0613F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-06-30SEC
2026-07-018-KCurrent report2026-06-30SEC
2026-06-29NT 11-K2025-12-31SEC
2026-05-278-KCurrent report2026-05-21SEC
2026-05-188-KCurrent report2026-05-13SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-14424B5SEC
2026-05-14FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-05-13424B5SEC
2026-05-12144Filing for proposed sale of securities under Rule 144.SEC
2026-05-05EFFECTEffectiveness filing by commission orderSEC
2026-05-054Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-05424B3SEC
2026-05-01CORRESPSEC
2026-05-01S-4/ASEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-0900184.26K1
2026-080075.56K1
2026-07001.19M2
2026-060000
2026-0511.97K1516.67K1
2026-040000
2026-0348.92K100
2026-0200217.08K1
2026-010000
2025-120000
2025-1139.14K1297.53K1

Institutional holders

Manager% owned
BlackRock, Inc.10.80%
Bank of New York Mellon Corp4.95%
VANGUARD PORTFOLIO MANAGEMENT LLC4.76%
STATE STREET CORP4.13%
VANGUARD CAPITAL MANAGEMENT LLC4.07%
GEODE CAPITAL MANAGEMENT, LLC3.27%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC3.08%
DIMENSIONAL FUND ADVISORS LP3.07%
VICTORY CAPITAL MANAGEMENT INC2.51%
AQR CAPITAL MANAGEMENT LLC2.07%

Funds

Fund% owned
Baird Ultra Short Bond Fund17.78%
PIMCO Long Duration Credit Bond Portfolio15.56%
Guggenheim Total Return Bond Fund15.21%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND10.20%
Baird Aggregate Bond Fund6.16%
Dimensional Ultrashort Fixed Income ETF4.60%
Baird Core Plus Bond Fund4.11%
Invesco BulletShares 2026 Corporate Bond ETF3.75%
VANGUARD TOTAL BOND MARKET II INDEX FUND3.70%
Thornburg Strategic Income Fund3.67%

OakChart. ORI. Cached 15 minutes.