Zacks Research Brokers Increase Earnings Estimates for RLI

RLI Corp. (NYSE:RLI - Free Report) - Equities research analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for shares of RLI in a note issued to investors on Wednesday, June 18th. Zacks Research analyst T. De now expects that the insurance provider will post earnings of $0.84 per share for the quarter, up from their previous estimate of $0.82. The consensus estimate for RLI's current full-year earnings is $3.08 per share. Zacks Research also issued estimates for RLI's Q2 2026 earnings at $0.85 EPS, Q1 2027 earnings at $0.81 EPS and FY2027 earnings at $3.08 EPS.

RLI has been the subject of several other reports. JMP Securities reissued a "market perform" rating on shares of RLI in a research report on Thursday, April 24th. Keefe, Bruyette & Woods reduced 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. Wall Street Zen raised RLI from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, Compass Point lowered RLI from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, RLI presently has an average rating of "Hold" and a consensus price target of $78.60.

RLI Stock Up 0.8%

Shares of RLI traded up $0.57 during trading hours on Monday, hitting $71.84. The company had a trading volume of 600,061 shares, compared to its average volume of 379,380. The company has a market capitalization of $6.59 billion, a PE ratio of 23.63 and a beta of 0.70. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.06. RLI has a one year low of $68.50 and a one year high of $91.15. The company's fifty day moving average price is $74.61 and its two-hundred day moving average price is $76.57.

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, topping the consensus estimate of $0.88 by $0.04. The firm had revenue of $36.73 million during the quarter, compared to analyst estimates of $442.20 million. RLI had a return on equity of 16.26% and a net margin of 16.22%. The business's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.95 EPS.

RLI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, May 30th were given a dividend of $0.16 per share. This is a positive change from RLI's previous quarterly dividend of $0.15. This represents a $0.64 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend was Friday, May 30th. RLI's dividend payout ratio is currently 21.05%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RLI. Golden State Wealth Management LLC increased its holdings in shares of RLI by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 372 shares of the insurance provider's stock valued at $30,000 after purchasing an additional 186 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of RLI by 100.0% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 396 shares of the insurance provider's stock valued at $32,000 after purchasing an additional 198 shares during the period. Versant Capital Management Inc increased its holdings in shares of RLI by 100.0% in the first quarter. Versant Capital Management Inc now owns 406 shares of the insurance provider's stock valued at $33,000 after purchasing an additional 203 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of RLI by 88.5% in the first quarter. Farther Finance Advisors LLC now owns 477 shares of the insurance provider's stock valued at $38,000 after purchasing an additional 224 shares during the period. Finally, Compass Wealth Management LLC increased its holdings in shares of RLI by 100.0% in the first quarter. Compass Wealth Management LLC now owns 480 shares of the insurance provider's stock valued at $39,000 after purchasing an additional 240 shares during the period. 77.89% of the stock is owned by institutional investors and hedge funds.

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.