RLI (NYSE:RLI) Issues Quarterly Earnings Results

RLI (NYSE:RLI) issued its quarterly earnings results on Wednesday. The insurance provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.11, FiscalAI reports. RLI had a net margin of 22.22% and a return on equity of 17.46%. The business had revenue of $575.57 million for the quarter, compared to analysts’ expectations of $568.70 million. During the same quarter last year, the company posted $0.82 EPS. The company’s revenue was up 15.2% compared to the same quarter last year.

RLI Trading Up 4.1%

Shares of NYSE RLI opened at $61.42 on Friday. RLI has a 12-month low of $47.26 and a 12-month high of $69.29. The firm’s 50-day moving average price is $55.73 and its 200-day moving average price is $57.37. The stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of 12.90 and a beta of 0.38.

RLI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a $0.18 dividend. This is a boost from RLI’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, May 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.2%. RLI’s payout ratio is presently 16.82%.

Insider Buying and Selling

In related news, Director Clark C. Kellogg acquired 3,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were acquired at an average cost of $50.90 per share, for a total transaction of $152,700.00. Following the completion of the transaction, the director directly owned 4,502 shares in the company, valued at approximately $229,151.80. This trade represents a 199.73% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David B. Duclos bought 2,500 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was bought at an average price of $51.99 per share, with a total value of $129,975.00. Following the acquisition, the director owned 9,780 shares in the company, valued at approximately $508,462.20. This trade represents a 34.34% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 16,500 shares of company stock valued at $858,955. 2.39% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RLI

Several hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its holdings in RLI by 0.3% in the third quarter. Public Employees Retirement System of Ohio now owns 75,502 shares of the insurance provider’s stock worth $4,924,000 after purchasing an additional 207 shares in the last quarter. Commerce Bank boosted its position in shares of RLI by 2.9% in the 4th quarter. Commerce Bank now owns 8,079 shares of the insurance provider’s stock worth $517,000 after purchasing an additional 224 shares in the last quarter. SkyView Investment Advisors LLC grew its stake in RLI by 2.9% during the 2nd quarter. SkyView Investment Advisors LLC now owns 8,281 shares of the insurance provider’s stock worth $591,000 after buying an additional 237 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in RLI by 156.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 464 shares of the insurance provider’s stock worth $30,000 after acquiring an additional 283 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in RLI by 0.8% in the second quarter. Treasurer of the State of North Carolina now owns 38,211 shares of the insurance provider’s stock worth $2,760,000 after acquiring an additional 305 shares in the last quarter. 77.89% of the stock is currently owned by institutional investors.

Key Stories Impacting RLI

Here are the key news stories impacting RLI this week:

• Positive Sentiment: RLI beat Wall Street expectations on operating earnings, reporting $0.83 per share versus estimates around $0.71-$0.73, while revenue also came in above forecasts at $575.6 million. RLI Reports Second Quarter 2026 Results
• Positive Sentiment: The company highlighted strong profitability, with quarterly net earnings of $168.0 million, a 20.81% net margin, and a 17.72% return on equity, reinforcing the view that underwriting and investment results remain solid. RLI Earnings Transcript and Press Release
• Neutral Sentiment: Investors are also digesting the latest earnings call transcript, which may provide additional detail on pricing, claims trends, and management’s outlook for the remainder of the year. RLI Corp. Q2 2026 Earnings Call Transcript
• Negative Sentiment: A fresh analyst note from William Blair kept a Hold rating on RLI, citing muted growth and rising underwriting pressure, which may limit enthusiasm after the earnings beat. Muted Growth and Rising Underwriting Pressure Prompt Hold Rating on RLI Shares

Analysts Set New Price Targets

RLI has been the subject of several analyst reports. Wells Fargo & Company upped their price objective on RLI from $55.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Weiss Ratings lowered shares of RLI from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 22nd. Wall Street Zen cut shares of RLI from a “hold” rating to a “sell” rating in a research note on Monday. Zacks Research raised shares of RLI from a “strong sell” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Keefe, Bruyette & Woods upped their price objective on RLI from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.50.

RLI Company Profile

RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.

Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.