Published on 2 Mar 2024 on Simply Wall St. via Yahoo Finance
Do Fundamentals Have Any Role To Play In Driving Old Republic International Corporation's (NYSE:ORI)...
Most readers would already know that Old Republic International's (NYSE:ORI) stock increased by 4.0% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Old Republic International's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
View our latest analysis for Old Republic International