RLI (RLI) Projected to Post Quarterly Earnings on Monday

RLI (NYSE:RLI - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Monday, July 21st. Analysts expect RLI to post earnings of $0.75 per share and revenue of $445.55 million for the quarter.

RLI (NYSE:RLI - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The insurance provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.88 by $0.04. The firm had revenue of $36.73 million for the quarter, compared to analyst estimates of $442.20 million. RLI had a net margin of 16.22% and a return on equity of 16.26%. The business's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.95 EPS. On average, analysts expect RLI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

RLI Trading Up 0.9%

Shares of RLI stock traded up $0.67 during trading on Monday, hitting $70.84. 430,729 shares of the stock traded hands, compared to its average volume of 473,523. The firm has a market capitalization of $6.50 billion, a P/E ratio of 23.30 and a beta of 0.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.35 and a quick ratio of 0.35. The firm's fifty day moving average price is $73.62 and its 200-day moving average price is $75.44. RLI has a 52-week low of $69.16 and a 52-week high of $91.14.

RLI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, May 30th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend was Friday, May 30th. This is a positive change from RLI's previous quarterly dividend of $0.15. RLI's payout ratio is presently 21.05%.

Hedge Funds Weigh In On RLI

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of RLI by 115.1% during the first quarter. Royal Bank of Canada now owns 56,386 shares of the insurance provider's stock worth $4,529,000 after buying an additional 30,170 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of RLI by 110.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 185,504 shares of the insurance provider's stock valued at $14,902,000 after acquiring an additional 97,501 shares during the period. Finally, Empowered Funds LLC increased its stake in shares of RLI by 472.3% during the 1st quarter. Empowered Funds LLC now owns 29,177 shares of the insurance provider's stock worth $2,344,000 after purchasing an additional 24,079 shares in the last quarter. Institutional investors and hedge funds own 77.89% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on RLI. Wall Street Zen raised shares of RLI from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. JMP Securities reissued a "market perform" rating on shares of RLI in a research report on Thursday, April 24th. Keefe, Bruyette & Woods cut their target price on RLI from $95.00 to $85.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Finally, Compass Point lowered RLI from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, RLI currently has an average rating of "Hold" and a consensus price target of $78.60.

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.