Research Analysts Offer Predictions for RLI Q1 Earnings

RLI Corp. (NYSE:RLI) – Investment analysts at William Blair lifted their Q1 2025 earnings per share estimates for RLI in a research note issued to investors on Friday, January 24th. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $1.03 per share for the quarter, up from their previous forecast of $1.02. The consensus estimate for RLI’s current full-year earnings is $3.13 per share. William Blair also issued estimates for RLI’s Q2 2025 earnings at $0.83 EPS, Q3 2025 earnings at $0.59 EPS and FY2025 earnings at $3.25 EPS.

RLI has been the topic of several other reports. Keefe, Bruyette & Woods reduced their price target on RLI from $100.50 to $100.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. Royal Bank of Canada cut their target price on shares of RLI from $88.00 to $80.00 and set a “sector perform” rating on the stock in a report on Friday. Compass Point upped their price target on shares of RLI from $85.00 to $92.50 and gave the company a “buy” rating in a report on Friday, October 25th. Oppenheimer assumed coverage on shares of RLI in a report on Wednesday, October 16th. They issued a “market perform” rating on the stock. Finally, Jefferies Financial Group upped their price objective on shares of RLI from $82.50 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.70.

RLI Trading Up 1.1 %

Shares of NYSE:RLI opened at $72.52 on Monday. The stock has a market capitalization of $6.65 billion, a P/E ratio of 19.36 and a beta of 0.47. The stock’s 50-day moving average price is $82.71 and its 200-day moving average price is $78.84. RLI has a 12-month low of $67.04 and a 12-month high of $91.14.

RLI (NYSE:RLI) last released its earnings results on Wednesday, January 22nd. The insurance provider reported $0.41 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 16.38%.

Institutional Trading of RLI

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Brown Brothers Harriman & Co. raised its position in shares of RLI by 0.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 7,879 shares of the insurance provider’s stock worth $1,221,000 after acquiring an additional 66 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. grew its stake in RLI by 1.2% in the third quarter. Klein Pavlis & Peasley Financial Inc. now owns 5,757 shares of the insurance provider’s stock worth $892,000 after purchasing an additional 68 shares during the period. Versant Capital Management Inc raised its holdings in RLI by 53.8% in the fourth quarter. Versant Capital Management Inc now owns 203 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 71 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in RLI by 45.6% during the second quarter. EverSource Wealth Advisors LLC now owns 246 shares of the insurance provider’s stock valued at $37,000 after buying an additional 77 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in RLI by 5.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 1,633 shares of the insurance provider’s stock valued at $230,000 after buying an additional 89 shares during the period. 77.89% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at RLI

In related news, Director Michael J. Stone sold 400 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $84.78, for a total transaction of $33,910.00. Following the transaction, the director now owns 429,622 shares in the company, valued at $36,421,205.05. The trade was a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 5.09% of the company’s stock.

RLI Cuts Dividend

The business also recently disclosed a None dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were issued a $2.145 dividend. The ex-dividend date was Friday, November 29th. This represents a yield of 0.7%. RLI’s dividend payout ratio (DPR) is presently 15.49%.

About RLI

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.