RLI Stock Gets Increased EPS Forecast from Zacks Research

Key Points

• Zacks Research raised its Q1 2027 EPS forecast for RLI to $0.78 from $0.77; the current full-year consensus estimate is $3.15 per share.
• RLI reported quarterly EPS of $0.86, beating the $0.54 consensus, while revenue of $476.96 million fell short of analysts’ $533.51 million estimate.
• Analyst sentiment is broadly cautious: MarketBeat reports a consensus “Reduce” rating and a $62.40 price target, with one Buy, three Hold, and two Sell ratings.

RLI Corp. (NYSE:RLI - Free Report) - Research analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for RLI in a report released on Monday, November 9th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $0.78 for the quarter, up from their prior estimate of $0.77. The consensus estimate for RLI's current full-year earnings is $3.15 per share. Zacks Research also issued estimates for RLI's Q1 2028 earnings at $0.54 EPS.

RLI (NYSE:RLI - Get Free Report) last posted its quarterly earnings data on Monday, October 19th. The insurance provider reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.32. RLI had a return on equity of 18.19% and a net margin of 20.34%. The company had revenue of $476.96 million during the quarter, compared to analyst estimates of $533.51 million. During the same quarter last year, the company earned $0.83 earnings per share.

RLI has been the topic of a number of other reports. Weiss Ratings raised shares of RLI from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, August 28th. Wall Street Zen raised shares of RLI from a "sell" rating to a "hold" rating in a research note on Saturday, August 1st. Jefferies Financial Group lowered shares of RLI from a "hold" rating to an "underperform" rating and set a $53.00 price target on the stock. in a report on Tuesday, August 25th. Wells Fargo & Company set a $53.00 price objective on shares of RLI and gave the company an "underweight" rating in a research report on Wednesday, October 21st. Finally, UBS Group set a $74.00 price objective on shares of RLI in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $62.40.

RLI Trading Down 0.6%

Shares of RLI opened at $67.97 on Tuesday. The company has a market cap of $6.23 billion, a PE ratio of 15.84 and a beta of 0.31. The stock has a 50-day moving average price of $61.05 and a 200-day moving average price of $58.95. RLI has a 12-month low of $47.26 and a 12-month high of $71.89.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in RLI during the 2nd quarter valued at $492,175,000. Wasatch Advisors LP raised its holdings in shares of RLI by 40.7% during the second quarter. Wasatch Advisors LP now owns 3,631,273 shares of the insurance provider's stock valued at $214,499,000 after acquiring an additional 1,051,318 shares in the last quarter. Markel Group Inc. lifted its stake in RLI by 1.1% in the third quarter. Markel Group Inc. now owns 2,421,922 shares of the insurance provider's stock worth $133,957,000 after acquiring an additional 27,378 shares during the period. Dimensional Fund Advisors LP lifted its stake in RLI by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,920,823 shares of the insurance provider's stock worth $109,567,000 after acquiring an additional 21,299 shares during the period. Finally, Maren Capital LLC lifted 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 worth $107,352,000 after acquiring an additional 28,366 shares during the period. Hedge funds and other institutional investors own 77.89% of the company's stock.

RLI Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.72 annualized dividend and a dividend yield of 1.1%. RLI's dividend payout ratio (DPR) is 16.78%.

RLI Company Profile

RLI Corp. is a specialty insurance company that provides property, casualty and surety coverage through its subsidiaries. Its products serve businesses and individuals whose insurance needs may require specialized underwriting.

The company offers commercial liability and property insurance, personal umbrella coverage, and surety bonds, among other products. RLI distributes its policies primarily through independent agents and brokers and serves customers across the United States.

Founded in 1965, RLI began by providing replacement-cost coverage for mobile homes before expanding into a broader range of specialty insurance markets.

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