Analysts Issue Forecasts for RLI’s Q1 Earnings (NYSE:RLI)

RLI Corp. (NYSE:RLI) – Research analysts at Zacks Research cut their Q1 2026 EPS estimates for RLI in a note issued to investors on Monday, March 24th. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings per share of $0.75 for the quarter, down from their previous forecast of $0.76. The consensus estimate for RLI’s current full-year earnings is $3.08 per share.

Other equities analysts have also issued reports about the stock. JMP Securities reaffirmed a “market perform” rating on shares of RLI in a report on Thursday, January 23rd. Jefferies Financial Group downgraded shares of RLI from a “buy” rating to an “underperform” rating and decreased their price objective for the stock from $95.00 to $61.00 in a research report on Monday, January 27th. Royal Bank of Canada lowered their target price on shares of RLI from $88.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Friday, January 24th. StockNews.com upgraded RLI from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Finally, Keefe, Bruyette & Woods dropped their price objective on RLI from $100.50 to $100.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $82.80.

RLI Trading Up 1.2 %

Shares of NYSE:RLI opened at $79.27 on Thursday. The company has a current ratio of 0.34, a quick ratio of 0.38 and a debt-to-equity ratio of 0.07. RLI has a 12-month low of $67.53 and a 12-month high of $91.15. The business has a 50 day moving average of $75.59 and a two-hundred day moving average of $79.36. The company has a market capitalization of $7.27 billion, a PE ratio of 21.17 and a beta of 0.39.

RLI (NYSE:RLI) last issued its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.64). RLI had a net margin of 19.53% and a return on equity of 16.63%.

Hedge Funds Weigh In On RLI

Institutional investors and hedge funds have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in RLI by 5.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 462,621 shares of the insurance provider’s stock worth $71,697,000 after acquiring an additional 24,819 shares during the period. Cerity Partners LLC acquired a new position in RLI in the third quarter valued at about $478,000. Brown Brothers Harriman & Co. lifted its stake in RLI by 0.8% during the third quarter. Brown Brothers Harriman & Co. now owns 7,879 shares of the insurance provider’s stock worth $1,221,000 after purchasing an additional 66 shares in the last quarter. FMR LLC grew its stake in shares of RLI by 9.5% in the third quarter. FMR LLC now owns 6,952 shares of the insurance provider’s stock valued at $1,077,000 after buying an additional 605 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of RLI by 172.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 53,921 shares of the insurance provider’s stock valued at $8,357,000 after buying an additional 34,159 shares during the period. 77.89% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at RLI

In related news, Director Michael E. Angelina purchased 2,200 shares of RLI stock in a transaction dated Friday, January 24th. The shares were acquired at an average price of $72.62 per share, for a total transaction of $159,764.00. Following the acquisition, the director now directly owns 23,514 shares in the company, valued at approximately $1,707,586.68. The trade was a 10.32 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert P. Restrepo, Jr. sold 2,864 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $74.89, for a total transaction of $214,484.96. Following the transaction, the director now directly owns 23,312 shares in the company, valued at approximately $1,745,835.68. The trade was a 10.94 % decrease in their position. The disclosure for this sale can be found here. Insiders acquired 11,200 shares of company stock valued at $805,774 over the last 90 days. 5.09% of the stock is currently owned by corporate insiders.

RLI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.76%. This is a boost from RLI’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 28th. RLI’s payout ratio is presently 16.00%.

RLI Company Profile

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.