RLI Corp. to Post Q1 2025 Earnings of $2.12 Per Share, William Blair Forecasts (NYSE:RLI)

RLI Corp. (NYSE:RLI - Free Report) - Research analysts at William Blair increased their Q1 2025 earnings estimates for shares of RLI in a research note issued to investors on Tuesday, April 23rd. William Blair analyst A. Klauber now expects that the insurance provider will earn $2.12 per share for the quarter, up from their previous forecast of $2.00. The consensus estimate for RLI's current full-year earnings is $5.56 per share. William Blair also issued estimates for RLI's Q2 2025 earnings at $1.67 EPS, Q3 2025 earnings at $1.18 EPS and Q4 2025 earnings at $1.32 EPS.

A number of other brokerages also recently commented on RLI. Compass Point upped their price objective on shares of RLI from $158.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday. Keefe, Bruyette & Woods upped their price objective on shares of RLI from $160.00 to $168.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 10th. JMP Securities restated a "market perform" rating on shares of RLI in a research report on Tuesday. Finally, Royal Bank of Canada upped their price objective on shares of RLI from $148.00 to $155.00 and gave the stock a "sector perform" rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, RLI currently has a consensus rating of "Moderate Buy" and a consensus price target of $163.25.

RLI Stock Performance

RLI stock traded down $1.20 during trading hours on Thursday, reaching $146.51. 144,448 shares of the stock were exchanged, compared to its average volume of 176,621. The stock has a market cap of $6.70 billion, a P/E ratio of 20.20 and a beta of 0.37. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.38 and a current ratio of 0.39. RLI has a 52-week low of $123.04 and a 52-week high of $149.20. The firm's 50 day moving average is $144.65 and its 200 day moving average is $138.92.

RLI (NYSE:RLI - Get Free Report) last released its quarterly earnings results on Monday, April 22nd. The insurance provider reported $1.89 EPS for the quarter, beating the consensus estimate of $1.63 by $0.26. RLI had a net margin of 20.96% and a return on equity of 17.24%. The firm had revenue of $444.80 million during the quarter, compared to the consensus estimate of $460.05 million. During the same quarter in the prior year, the firm earned $1.63 EPS. RLI's revenue for the quarter was up 21.9% on a year-over-year basis.

Hedge Funds Weigh In On RLI

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in RLI by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,082,470 shares of the insurance provider's stock valued at $147,097,000 after acquiring an additional 11,965 shares during the last quarter. Van Berkom & Associates Inc. grew its stake in RLI by 18.1% in the 3rd quarter. Van Berkom & Associates Inc. now owns 526,679 shares of the insurance provider's stock valued at $71,570,000 after acquiring an additional 80,552 shares during the last quarter. Maren Capital LLC acquired a new stake in RLI in the 4th quarter valued at about $67,149,000. Charles Schwab Investment Management Inc. grew its stake in RLI by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 411,787 shares of the insurance provider's stock valued at $54,817,000 after acquiring an additional 11,255 shares during the last quarter. Finally, Northern Trust Corp grew its stake in RLI by 0.9% in the 3rd quarter. Northern Trust Corp now owns 395,547 shares of the insurance provider's stock valued at $53,751,000 after acquiring an additional 3,562 shares during the last quarter. 77.89% of the stock is owned by institutional investors and hedge funds.

RLI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Thursday, February 29th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.74%. RLI's dividend payout ratio (DPR) is presently 14.92%.

RLI Company Profile

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.