William Blair Has Bullish Estimate for RLI Q3 Earnings

Key Points

• William Blair has increased its Q3 2025 earnings estimate for RLI Corp. from $0.50 to $0.55 per share, alongside a full-year 2025 estimate of $3.18 EPS.
• RLI recently reported actual Q2 earnings of $0.84 per share, exceeding analysts' expectations of $0.75, with a year-over-year revenue increase of 20%.
• Institutional investors hold approximately 77.89% of RLI's stock, with recent transactions indicating increasing interest in the company by various investment firms.

RLI Corp. (NYSE:RLI - Free Report) - Equities research analysts at William Blair lifted their Q3 2025 earnings estimates for RLI in a report issued on Wednesday, July 23rd. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings of $0.55 per share for the quarter, up from their previous estimate of $0.50. The consensus estimate for RLI's current full-year earnings is $3.08 per share. William Blair also issued estimates for RLI's FY2025 earnings at $3.18 EPS.

A number of other equities research analysts have also recently issued reports on RLI. JMP Securities reaffirmed a "market perform" rating on shares of RLI in a research note on Thursday, April 24th. Compass Point cut shares of RLI from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 25th. Wall Street Zen raised shares of RLI from a "sell" rating to a "hold" rating in a research report on Saturday. Finally, Keefe, Bruyette & Woods dropped their price target on shares of RLI from $95.00 to $85.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $78.60.

RLI Price Performance

Shares of NYSE:RLI traded down $0.00 during trading on Friday, reaching $67.78. The company had a trading volume of 846,174 shares, compared to its average volume of 742,861. RLI has a 12 month low of $67.12 and a 12 month high of $91.14. The stock has a market capitalization of $6.22 billion, a P/E ratio of 19.42 and a beta of 0.67. The company has a fifty day moving average of $72.62 and a two-hundred day moving average of $74.70. The company has a current ratio of 0.34, a quick ratio of 0.35 and a debt-to-equity ratio of 0.06.

RLI (NYSE:RLI - Get Free Report) last posted its earnings results on Monday, July 21st. The insurance provider reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.09. The business had revenue of $562.28 million for the quarter, compared to analyst estimates of $445.55 million. RLI had a net margin of 17.81% and a return on equity of 15.82%. RLI's revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.72 EPS.

Institutional Trading of RLI

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Chung Wu Investment Group LLC purchased a new position in shares of RLI in the second quarter worth approximately $29,000. Golden State Wealth Management LLC boosted its holdings in shares of RLI by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 372 shares of the insurance provider's stock worth $30,000 after buying an additional 186 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of RLI by 100.0% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 396 shares of the insurance provider's stock worth $32,000 after buying an additional 198 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of RLI by 100.0% in the first quarter. Versant Capital Management Inc now owns 406 shares of the insurance provider's stock worth $33,000 after buying an additional 203 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of RLI in the second quarter worth approximately $37,000. 77.89% of the stock is currently owned by institutional investors.

Insider Activity

In other RLI news, COO Jennifer L. Klobnak purchased 3,000 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The stock was bought at an average cost of $69.15 per share, for a total transaction of $207,450.00. Following the purchase, the chief operating officer directly owned 98,450 shares in the company, valued at $6,807,817.50. The trade was a 3.14% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.16% of the stock is currently owned by insiders.

RLI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, May 30th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.94%. This is a positive change from RLI's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, May 30th. RLI's dividend payout ratio (DPR) is presently 18.34%.

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.