What is Zacks Research's Forecast for RLI FY2026 Earnings?

Key Points

• Zacks Research raised its FY2026 EPS forecast for RLI to $3.19 from $2.84, above the broader analyst consensus estimate of $3.15.
• RLI reported quarterly EPS of $0.86, beating the $0.54 consensus, while revenue of $476.96 million fell short of the $533.51 million estimate.
• Analyst sentiment remains cautious: MarketBeat reports a consensus “Reduce” rating and an average price target of $62.40.

RLI Corp. (NYSE:RLI - Free Report) - Analysts at Zacks Research boosted their FY2026 earnings per share estimates for shares of RLI in a research report issued to clients and investors on Monday, November 9th. Zacks Research analyst Team now expects that the insurance provider will earn $3.19 per share for the year, up from their prior estimate of $2.84. The consensus estimate for RLI's current full-year earnings is $3.15 per share. Zacks Research also issued estimates for RLI's Q2 2027 earnings at $0.68 EPS, Q3 2027 earnings at $0.58 EPS, Q4 2027 earnings at $0.70 EPS, FY2027 earnings at $2.74 EPS, Q2 2028 earnings at $0.75 EPS, Q3 2028 earnings at $0.76 EPS and FY2028 earnings at $2.80 EPS.

RLI (NYSE:RLI - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $476.96 million during the quarter, compared to the consensus estimate of $533.51 million. RLI had a net margin of 20.34% and a return on equity of 18.19%. During the same quarter last year, the firm posted $0.83 EPS.

Several other equities research analysts have also issued reports on RLI. Wells Fargo & Company set a $53.00 price target on shares of RLI and gave the stock an "underweight" rating in a research note on Wednesday, October 21st. Weiss Ratings raised RLI from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, August 28th. Keefe, Bruyette & Woods restated an "outperform" rating and issued a $74.00 target price (up from $69.00) on shares of RLI in a research note on Wednesday, October 21st. Wall Street Zen raised RLI from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st. Finally, Jefferies Financial Group downgraded RLI from a "hold" rating to an "underperform" rating and set a $53.00 price target for the company. in a research note on Tuesday, August 25th. One 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. According to MarketBeat.com, RLI has a consensus rating of "Reduce" and an average target price of $62.40.

RLI Price Performance

RLI opened at $68.83 on Wednesday. RLI has a fifty-two week low of $47.26 and a fifty-two week high of $71.89. The firm has a market capitalization of $6.31 billion, a P/E ratio of 19.64 and a beta of 0.31. The company's 50-day moving average is $61.16 and its 200 day moving average is $59.01.

Hedge Funds Weigh In On RLI

A number of institutional investors have recently added to or reduced their stakes in RLI. BlackRock Inc. bought a new stake in shares of RLI during the 2nd quarter valued at about $492,175,000. Wasatch Advisors LP increased its stake in RLI by 40.7% in 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 during the last quarter. Markel Group Inc. increased 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 valued at $133,957,000 after acquiring an additional 27,378 shares during the last quarter. Dimensional Fund Advisors LP raised its position in RLI by 1.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,920,823 shares of the insurance provider's stock valued at $109,567,000 after purchasing an additional 21,299 shares in the last quarter. Finally, Maren Capital LLC raised its position in RLI by 1.6% during the second quarter. Maren Capital LLC now owns 1,817,370 shares of the insurance provider's stock valued at $107,352,000 after purchasing an additional 28,366 shares in the last quarter. 77.89% of the stock is currently owned by institutional investors.

RLI Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, August 31st. RLI's payout ratio is presently 16.78%.

About RLI

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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