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

RLI Corp. (NYSE:RLI) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings estimates for RLI in a research report issued on Tuesday, April 22nd. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings of $0.89 per share for the quarter, down from their prior estimate of $0.91. The consensus estimate for RLI’s current full-year earnings is $3.08 per share. Zacks Research also issued estimates for RLI’s FY2025 earnings at $3.05 EPS, Q1 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.73 EPS and Q1 2027 earnings at $0.76 EPS.

Several other equities research analysts have also weighed in on RLI. Keefe, Bruyette & Woods dropped their price objective on shares of RLI from $95.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Royal Bank of Canada reduced their price objective on shares of RLI from $88.00 to $80.00 and set a “sector perform” rating for the company in a report on Friday, January 24th. Jefferies Financial Group lowered RLI from a “buy” rating to an “underperform” rating and decreased their price target for the company from $95.00 to $61.00 in a research note on Monday, January 27th. Compass Point reduced their price objective on shares of RLI from $185.00 to $82.00 and set a “buy” rating for the company in a research report on Monday, January 27th. Finally, StockNews.com upgraded RLI from a “sell” rating to a “hold” rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $79.80.

RLI Stock Performance

RLI stock opened at $78.07 on Wednesday. The company has a fifty day moving average price of $76.45 and a two-hundred day moving average price of $79.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.34 and a quick ratio of 0.38. RLI has a 12 month low of $68.50 and a 12 month high of $91.15. The company has a market cap of $7.16 billion, a PE ratio of 20.85 and a beta of 0.49.

RLI (NYSE:RLI) last announced its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $0.41 earnings per share 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%.

RLI Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were given a $0.15 dividend. This is an increase from RLI’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.77%. RLI’s dividend payout ratio is presently 16.00%.

Insider Activity at RLI

In related news, CEO Craig W. Kliethermes purchased 5,000 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was bought at an average price of $71.35 per share, for a total transaction of $356,750.00. Following the purchase, the chief executive officer now owns 139,190 shares in the company, valued at $9,931,206.50. The trade was a 3.73 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert P. Restrepo, Jr. sold 2,864 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $74.89, for a total value of $214,484.96. Following the transaction, the director now owns 23,312 shares in the company, valued at approximately $1,745,835.68. This trade represents a 10.94 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 11,200 shares of company stock valued at $805,774. Insiders own 2.16% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Golden State Wealth Management LLC bought a new stake in shares of RLI during the fourth quarter valued at approximately $31,000. Versant Capital Management Inc increased its stake in shares of RLI by 53.8% in the fourth quarter. Versant Capital Management Inc now owns 203 shares of the insurance provider’s stock valued at $33,000 after buying an additional 71 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of RLI in the fourth quarter worth about $56,000. Farther Finance Advisors LLC lifted its holdings in RLI by 88.5% during the 1st quarter. Farther Finance Advisors LLC now owns 477 shares of the insurance provider’s stock worth $38,000 after buying an additional 224 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of RLI by 47.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 497 shares of the insurance provider’s stock valued at $82,000 after acquiring an additional 159 shares during the period. 77.89% of the stock is currently owned by institutional investors and hedge funds.

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.