E Daily Stock Pick: Old Republic

The portfolio of stocks I started this week, named Volio Folio, holds 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fourth of four financial services sector stocks this week striving to become the first in the Volio folio collection. This could be the first pick for Volio!

That financial sector which includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

My subject today is a mid-cap insurance - diversified firm named Old Republic International Corp. Their trading ticker symbol is ORI.I previously reported on this company on December 20, 2018, for my Ivy portfolio.

Old Republic International Corporation offers a diverse range of specialized insurance products to individuals and institutions.

The firm's property-casualty business, which accounted for more than half of premium in 2012, and almost 80% of pretax operating income, offers commercial liability products for risks that include workers' compensation, autos, and general liability.

The title insurance business composes most of the remaining premium, with a minor assist from a tiny life insurance presence.

Old Republic International Corporation was founded in 1887 and is headquartered in Chicago, Illinois.

I use three key data points to gauge dividend-paying equities or funds like Old Republic International Corporation (ORI):

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

ORI Price

ORI's price per share closed at $22.44 yesterday. A year ago its price was $22.67. In a year its price fell $0.23 or 1%.

Assuming ORI's stock trades in the range of $20 to $25.00 this year, ORI's recent $22.44 price could rise by $1.56 and go to $24.00 by early September 2020.

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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