Old Republic International Corp (NYSE:ORI)
The Company is an insurance holding company engaged in the single business of insurance underwriting. It conducts its business through regulated insurance company subsidiaries organized into three segments- General, Mortgage Guaranty, and Title insurance.
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Good dividend
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Solid commercial insurance operations support relatively high dividend
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Recovery stock. Insider buying.
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I have always liked them!
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If it survives, it will eventually turn around nicely from where it is ... it is just going to take a while.
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Most of ORI's business is in general insurance, but the stock was beaten down on account of their small business in mortgage insurance. Their market cap is only 60% of their net tangible assets, and their tangible assets are UNDERSTATED due to a write-off for OTTI of certain long-term investments that were purchased below book. Look for this stock to return to its pre-subprime crisis valuation of ~$20 by 2010.
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mortgage insurers wont fail
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Conservative well run specialty insurance company suffering from the down housing market. 27 years of increasing dividends. Could double in 5 years if history is any guide.
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these guys are a walking zombie....waiting to be shot. These guys will not be able to compete with bershire hathaway assurance nor assured guarantee and will be forced to fold.
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Great area of the economy that is sure to get a pick me up from our government who wants to save every fool around.
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Mortage mess is overdone.. The strong will feast in the year ahead
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mortgage title insurance
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Worth about double what it's priced at, due to mortgage meltdown that doesn't much affect it. Recently used free cash to make big investments in other incredibly cheap stocks in its own industry, which should compound already strong profits.
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Dividend, diversified insurance, strong management.
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Well balanced, good stats
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Good value stock. Near BV with strong ROE
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