RLI Corp. (NYSE:RLI - Free Report) - Investment analysts at Zacks Research lifted their FY2025 earnings estimates for RLI in a report released on Monday, January 6th. Zacks Research analyst T. De now expects that the insurance provider will post earnings per share of $6.21 for the year, up from their previous forecast of $6.20. The consensus estimate for RLI's current full-year earnings is $5.85 per share. Zacks Research also issued estimates for RLI's Q4 2025 earnings at $1.60 EPS.
RLI (NYSE:RLI - Get Free Report) last posted its quarterly earnings data on Monday, October 21st. The insurance provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.33. The firm had revenue of $470.00 million for the quarter, compared to analysts' expectations of $491.54 million. RLI had a net margin of 23.77% and a return on equity of 19.03%. The company's quarterly revenue was up 41.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.61 EPS.
A number of other research analysts also recently commented on the company. Wolfe Research assumed coverage on RLI in a research note on Wednesday, October 9th. They issued an "outperform" rating and a $182.00 target price on the stock. Oppenheimer began coverage on RLI in a report on Wednesday, October 16th. They issued a "market perform" rating on the stock. Jefferies Financial Group lifted their target price on shares of RLI from $165.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, October 9th. Royal Bank of Canada raised their price target on shares of RLI from $162.00 to $165.00 and gave the company a "sector perform" rating in a report on Wednesday, October 23rd. Finally, Compass Point upped their price objective on shares of RLI from $170.00 to $185.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, RLI currently has a consensus rating of "Moderate Buy" and a consensus price target of $177.40.
Get Our Latest Research Report on RLI
RLI Price Performance
RLI stock traded down $3.40 during mid-day trading on Thursday, hitting $152.91. The company's stock had a trading volume of 312,951 shares, compared to its average volume of 249,450. RLI has a 52-week low of $132.30 and a 52-week high of $182.29. The company has a market cap of $7.01 billion, a PE ratio of 16.80 and a beta of 0.47. The firm's 50 day moving average is $169.06 and its 200 day moving average is $156.58.
RLI shares are scheduled to split on Thursday, January 16th. The 2-1 split was announced on Thursday, November 7th. The newly created shares will be payable to shareholders after the closing bell on Wednesday, January 15th.
RLI Increases Dividend
The firm also recently declared a None dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, November 29th were given a $4.29 dividend. This is an increase from RLI's previous None dividend of $2.25. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, November 29th. RLI's dividend payout ratio (DPR) is currently 12.75%.
Insiders Place Their Bets
In other news, Director Michael J. Stone sold 200 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $169.55, for a total value of $33,910.00. Following the completion of the transaction, the director now owns 214,811 shares in the company, valued at approximately $36,421,205.05. This represents a 0.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 4.91% of the company's stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Motiv8 Investments LLC bought a new position in shares of RLI during the 3rd quarter worth approximately $217,000. Hsbc Holdings PLC boosted its stake in shares of RLI by 117.7% in the 2nd quarter. Hsbc Holdings PLC now owns 8,571 shares of the insurance provider's stock valued at $1,206,000 after purchasing an additional 4,634 shares in the last quarter. Bridges Investment Management Inc. bought a new stake in shares of RLI in the 2nd quarter worth about $954,000. Bruce & Co. Inc. increased its position in shares of RLI by 1,020.0% during the 2nd quarter. Bruce & Co. Inc. now owns 22,400 shares of the insurance provider's stock worth $3,151,000 after purchasing an additional 20,400 shares in the last quarter. Finally, Donaldson Capital Management LLC bought a new position in RLI during the 3rd quarter valued at about $3,469,000. Institutional investors own 77.89% of the company's stock.
RLI Company Profile
(
Get Free Report)
RLI Corp., an insurance holding company, underwrites property and casualty insurance. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile.
Featured Articles
Before you consider RLI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RLI wasn't on the list.
While RLI currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
