
RLI Corp. (NYSE:RLI – Free Report) – DOWLING & PARTN issued their FY2026 earnings per share estimates for shares of RLI in a research note issued to investors on Tuesday, October 27th. DOWLING & PARTN analyst J. Collins expects that the insurance provider will post earnings of $3.25 per share for the year. The consensus estimate for RLI’s current full-year earnings is $3.13 per share. DOWLING & PARTN also issued estimates for RLI’s FY2027 earnings at $3.10 EPS and FY2028 earnings at $3.15 EPS.
RLI has been the subject of a number of other reports. Wall Street Zen raised shares of RLI from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. UBS Group set a $74.00 price target on shares of RLI in a research note on Tuesday, July 28th. Wells Fargo & Company set a $53.00 price target on shares of RLI and gave the stock an “underweight” rating in a research report on Wednesday, October 21st. Weiss Ratings upgraded shares of RLI from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 28th. Finally, Jefferies Financial Group downgraded RLI from a “hold” rating to an “underperform” rating and set a $53.00 price target for the company. in a research note on Tuesday, August 25th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $62.40.
Read Our Latest Stock Analysis on RLI
RLI Stock Performance
Shares of NYSE:RLI opened at $64.63 on Friday. RLI has a 52-week low of $47.26 and a 52-week high of $67.28. The company has a market capitalization of $5.93 billion, a P/E ratio of 15.06 and a beta of 0.36. The company has a 50-day simple moving average of $60.67 and a 200 day simple moving average of $58.66.
RLI (NYSE:RLI – Get Free Report) last released its quarterly earnings data on Monday, October 19th. The insurance provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.54 by $0.32. The company had revenue of $476.96 million during the quarter, compared to the consensus estimate of $533.51 million. RLI had a return on equity of 18.19% and a net margin of 20.34%. During the same quarter in the prior year, the firm posted $0.83 EPS.
RLI Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, August 31st. RLI’s payout ratio is presently 16.78%.
Institutional Investors Weigh In On RLI
Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of RLI during the second quarter worth about $492,175,000. Wasatch Advisors LP boosted its stake in RLI by 40.7% during the second quarter. Wasatch Advisors LP now owns 3,631,273 shares of the insurance provider’s stock worth $214,499,000 after acquiring an additional 1,051,318 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of RLI by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,920,823 shares of the insurance provider’s stock worth $109,567,000 after purchasing an additional 21,299 shares in the last quarter. Maren Capital LLC grew its stake in RLI by 1.6% in the second quarter. Maren Capital LLC now owns 1,817,370 shares of the insurance provider’s stock valued at $107,352,000 after acquiring an additional 28,366 shares during the period. Finally, Port Capital LLC acquired a new stake in RLI in the 2nd quarter valued at $79,499,000. Institutional investors own 77.89% of the company’s stock.
About RLI
RLI Corp. (NYSE: RLI) is a specialty insurance company that underwrites property and casualty insurance products for commercial and personal customers. The company focuses on specialized risks that may not be adequately served by standard insurance carriers.
RLI’s offerings include commercial property and casualty coverage, professional liability insurance, surety bonds, transportation-related insurance, and personal lines such as homeowners and personal umbrella coverage. Its products are distributed through independent agents, brokers, and other insurance intermediaries.
Founded in 1965 and headquartered in Peoria, Illinois, RLI serves customers primarily throughout the United States.
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