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ORI

Old Republic

$20.64

0.07 (0.34%)

18:43
05/15/18
05/15
18:43
05/15/18
18:43

Old Republic names Craig Smiddy as COO

Old Republic International Corporation announced that its board had approved the following senior management appointments effective June 1, 2018: Craig R. Smiddy currently President & Chief Operating Officer of ORI's Old Republic General Insurance Group, has been appointed President and Chief Operating Officer of the Corporation. In this new position he succeeds R. Scott Rager who's been elevated to Executive Vice Chairman of the Corporation. W. Todd Gray was appointed to the additional post of Sr. Vice President & Treasurer at ORI. He continues with current responsibilities as Sr. Vice President-Operations & Finance of the Old Republic General Insurance Group. Cheryl A. Jones, Executive Vice President-Chief Human Resources & Communications Officer of Old Republic's Title Insurance Group, was appointed to an additional executive position at ORI. There she'll serve as Sr. Vice President-National Benefits Director for the Corporation and all of its subsidiaries. Phillip A. Schutt was elevated to Sr. Vice President-Deputy Chief Investment Officer for the management of ORI's $13 billion portfolio of bonds and stocks.

  • 15

    May

ORI Old Republic
$20.64

0.07 (0.34%)

10/30/17
RAJA
10/30/17
UPGRADE
Target $25
RAJA
Strong Buy
Old Republic upgraded to Strong Buy from Outperform at Raymond James
Raymond James analyst Gregory Peters upgraded Old Republic to Strong Buy from Outperform and increased its price target to $25 from $23 following the settlement in a major case with Bank of America in the run-off RFIG segment. The analyst said settlement removes an overhang and expects the company to report revenue growth and gradually improving underwriting results going forward due to management's ongoing repricing initiatives in the commercial auto business.
02/12/18
JMPS
02/12/18
UPGRADE
JMPS
Outperform
Old Republic upgraded to Outperform from Market Perform at JMP Securities
02/12/18
02/12/18
UPGRADE
Target $23

Outperform
Old Republic upgraded to Outperform with $23 price target at JMP Securities
As previously reported, JMP Securities analyst Matthew Carletti upgraded Old Republic to Outperform from Market Perform, as he sees tailwinds from an improving combined ratio, a valuation discount to peers that is near a historical high, and catalysts such as the likely favorable resolution to its mortgage insurance business and upcoming redemption of a convertible bond. He set a $23 price target on Old Republic shares.

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ADRNY

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TEN

Tenneco

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AAP

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EXPI

eXp World Holdings

, RMAX

RE/MAX Holdings

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SCHW

Charles Schwab

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AMRN

Amarin

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WIX

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DHXM

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CESDF

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