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NYSE:RLI

RLI (RLI) Stock Price, News & Analysis

$147.21
+0.31 (+0.21%)
(As of 05/21/2024 ET)
Today's Range
$146.33
$147.71
50-Day Range
$135.70
$148.93
52-Week Range
$123.04
$149.20
Volume
54,159 shs
Average Volume
169,959 shs
Market Capitalization
$6.73 billion
P/E Ratio
20.33
Dividend Yield
0.73%
Price Target
$163.25

RLI MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
10.9% Upside
$163.25 Price Target
Short Interest
Bearish
1.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
1.08mentions of RLI in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.57%
From $5.84 to $5.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Finance Sector

217th out of 807 stocks

Fire, Marine, & Casualty Insurance Industry

18th out of 50 stocks

RLI stock logo

About RLI Stock (NYSE:RLI)

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. It also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and omission coverage for small to medium-sized design, technical, computer, and miscellaneous professionals. This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also engages in various reinsurance coverages. It markets its products through branch offices, wholesale and retail brokers, carrier partners, and underwriting and independent agents. RLI Corp. was incorporated in 1965 and is headquartered in Peoria, Illinois.

RLI Stock Price History

RLI Stock News Headlines

RLI (NYSE:RLI) vs. Everest Group (NYSE:EG) Financial Survey
RLI Names Deb Millum as Vice President, Claim
Navigating 4 Analyst Ratings For RLI
RLI Corp. (NYSE:RLI) Q1 2024 Earnings Call Transcript
Q1 2024 RLI Corp Earnings Call
RLI Corp.: Q1 Earnings Snapshot
RLI Reports First Quarter 2024 Results
RLI Corp. (RLI)
RLI Q1 2024 Earnings Preview
RLI First Quarter Earnings Release & Teleconference
See More Headlines
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Company Calendar

Ex-Dividend for 3/20 Dividend
2/28/2024
Dividend Payable
3/20/2024
Last Earnings
4/22/2024
Today
5/21/2024
Ex-Dividend for 6/20 Dividend
5/31/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
74960710
Employees
1,099
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$163.25
High Stock Price Target
$175.00
Low Stock Price Target
$155.00
Potential Upside/Downside
+10.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$304.61 million
Pretax Margin
26.04%

Debt

Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$5.13 per share
Book Value
$30.98 per share

Miscellaneous

Free Float
43,466,000
Market Cap
$6.74 billion
Optionable
Optionable
Beta
0.37

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Key Executives

  • Mr. Craig William Kliethermes CPCU (Age 59)
    FCAS, President, CEO & Director
    Comp: $4.56M
  • Mr. Todd Wayne Bryant CPA (Age 55)
    CPCU, Chief Financial Officer
    Comp: $2.25M
  • Ms. Jennifer Leigh Klobnak (Age 52)
    Chief Operating Officer
    Comp: $2.91M
  • Mr. Aaron Paul Diefenthaler CFA (Age 50)
    Chief Investment Officer & Treasurer
    Comp: $975.18k
  • Mr. Jeffrey Dean Fick (Age 63)
    Chief Legal Officer & Corporate Secretary
    Comp: $812.35k
  • Ms. Kathleen Ann Taylor
    Vice President of Accounting & Branch Operations
  • Mr. Bryan Todd Fowler
    Chief Information Officer
  • Ms. Lisa T. Gates
    Vice President of Marketing & Communications
  • Ms. Kathleen Marie Kappes
    Vice President of Human Resources
  • Mr. Robert S. Handzel
    Chief Claim Officer

RLI Stock Analysis - Frequently Asked Questions

Should I buy or sell RLI stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLI in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RLI shares.
View RLI analyst ratings
or view top-rated stocks.

What is RLI's stock price target for 2024?

5 Wall Street research analysts have issued twelve-month target prices for RLI's shares. Their RLI share price targets range from $155.00 to $175.00. On average, they anticipate the company's stock price to reach $163.25 in the next year. This suggests a possible upside of 10.9% from the stock's current price.
View analysts price targets for RLI
or view top-rated stocks among Wall Street analysts.

How have RLI shares performed in 2024?

RLI's stock was trading at $133.12 on January 1st, 2024. Since then, RLI stock has increased by 10.6% and is now trading at $147.21.
View the best growth stocks for 2024 here
.

When is RLI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our RLI earnings forecast
.

How were RLI's earnings last quarter?

RLI Corp. (NYSE:RLI) announced its quarterly earnings results on Monday, April, 22nd. The insurance provider reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $0.26. The insurance provider earned $444.80 million during the quarter, compared to analysts' expectations of $460.05 million. RLI had a net margin of 20.96% and a trailing twelve-month return on equity of 17.24%. The firm's revenue was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.63 EPS.

How often does RLI pay dividends? What is the dividend yield for RLI?

RLI announced a quarterly dividend on Thursday, May 2nd. Stockholders of record on Friday, May 31st will be paid a dividend of $0.29 per share on Thursday, June 20th. This represents a $1.16 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date is Friday, May 31st. This is a positive change from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for RLI
.

Is RLI a good dividend stock?

RLI (NYSE:RLI) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.73%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RLI will have a dividend payout ratio of 18.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RLI.

What is Jonathan E. Michael's approval rating as RLI's CEO?

125 employees have rated RLI Chief Executive Officer Jonathan E. Michael on Glassdoor.com. Jonathan E. Michael has an approval rating of 99% among the company's employees. This puts Jonathan E. Michael in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RLI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RLI investors own include Aflac (AFL), Johnson & Johnson (JNJ), PepsiCo (PEP), Sherwin-Williams (SHW), AT&T (T), Medtronic (MDT), Pfizer (PFE), Roper Technologies (ROP), A. O. Smith (AOS) and Becton, Dickinson and Company (BDX).

Who are RLI's major shareholders?

RLI's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.91%), Maren Capital LLC (1.34%), Price T Rowe Associates Inc. MD (0.58%), Jacobs Levy Equity Management Inc. (0.45%), Janus Henderson Group PLC (0.45%) and ProShare Advisors LLC (0.45%). Insiders that own company stock include Jordan W Graham, Michael E Angelina and Michael J Stone.
View institutional ownership trends
.

How do I buy shares of RLI?

Shares of RLI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does RLI have any subsidiaries?
The following companies are subsidiares of RLI: Amphenol (Ningde) Electronics Co. Ltd.
Read More
This page (NYSE:RLI) was last updated on 5/21/2024 by MarketBeat.com Staff

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