FY2026 Earnings Forecast for RLI Issued By DOWLING & PARTN

Key Points

• DOWLING & PARTN raised its FY2026 earnings estimate for RLI to $3.00 per share, above the current consensus of $2.70. The firm also sees FY2027 EPS at $3.10.
• RLI recently beat quarterly EPS expectations, reporting $0.83 per share versus the $0.73 estimate, though revenue came in below forecasts. The company posted year-over-year revenue growth of 4.0%.
• The company boosted its quarterly dividend to $0.18 per share from $0.16, and executives have been buying shares. CEO Craig W. Kliethermes and COO Jennifer L. Klobnak both made recent insider purchases.

RLI Corp. (NYSE:RLI - Free Report) - Investment analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for RLI in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Collins anticipates that the insurance provider will post earnings of $3.00 per share for the year. The consensus estimate for RLI's current full-year earnings is $2.70 per share. DOWLING & PARTN also issued estimates for RLI's FY2027 earnings at $3.10 EPS.

Other equities analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods upgraded RLI from a "moderate buy" rating to a "strong-buy" rating in a report on Tuesday, February 24th. Wall Street Zen cut RLI from a "hold" rating to a "sell" rating in a report on Saturday, May 2nd. Wells Fargo & Company reduced their price target on RLI from $59.00 to $55.00 and set an "equal weight" rating for the company in a report on Thursday, April 9th. Zacks Research upgraded RLI from a "strong sell" rating to a "hold" rating in a report on Thursday, April 2nd. Finally, Weiss Ratings cut RLI from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $61.50.

RLI Stock Performance

NYSE:RLI opened at $52.05 on Thursday. The stock's 50-day simple moving average is $54.92 and its 200 day simple moving average is $59.46. The company has a market cap of $4.79 billion, a P/E ratio of 12.16 and a beta of 0.42. RLI has a 52-week low of $47.26 and a 52-week high of $77.24.

RLI (NYSE:RLI - Get Free Report) last released its earnings results on Wednesday, April 22nd. The insurance provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.10. The business had revenue of $423.87 million for the quarter, compared to the consensus estimate of $564.47 million. RLI had a return on equity of 17.72% and a net margin of 20.81%.RLI's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 earnings per share.

Institutional Investors Weigh In On RLI

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of RLI by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 9,448,929 shares of the insurance provider's stock valued at $604,542,000 after buying an additional 310,857 shares during the period. State Street Corp boosted its stake in shares of RLI by 1.4% in the fourth quarter. State Street Corp now owns 8,875,002 shares of the insurance provider's stock valued at $567,823,000 after buying an additional 124,687 shares during the period. Wasatch Advisors LP boosted its stake in shares of RLI by 33.1% in the first quarter. Wasatch Advisors LP now owns 2,579,955 shares of the insurance provider's stock valued at $147,161,000 after buying an additional 641,769 shares during the period. Geode Capital Management LLC boosted its stake in shares of RLI by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,191,891 shares of the insurance provider's stock valued at $140,260,000 after buying an additional 67,025 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of RLI by 1.1% in 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 buying an additional 21,299 shares during the period. 77.89% of the stock is currently owned by institutional investors.

Insider Activity at RLI

In related news, COO Jennifer L. Klobnak purchased 2,000 shares of the business's stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of $53.42 per share, for a total transaction of $106,840.00. Following the completion of the purchase, the chief operating officer owned 102,318 shares in the company, valued at approximately $5,465,827.56. This represents a 1.99% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Craig W. Kliethermes purchased 5,000 shares of the business's stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average price of $52.00 per share, with a total value of $260,000.00. Following the completion of the purchase, the chief executive officer owned 148,990 shares of the company's stock, valued at $7,747,480. This trade represents a 3.47% increase in their position. The SEC filing for this purchase provides additional information. 2.39% of the stock is currently owned by corporate insiders.

RLI Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, May 29th. This is a positive change from RLI's previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 1.4%. RLI's dividend payout ratio (DPR) is currently 14.95%.

RLI Company Profile

RLI Corporation NYSE: RLI is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI's approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.

Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.

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