NYSE:RLI RLI (RLI) Stock Forecast, Price & News $126.16 +1.29 (+1.03%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$124.67▼$126.3650-Day Range$124.87▼$147.1952-Week Range$100.96▼$149.65Volume240,600 shsAverage Volume183,939 shsMarket Capitalization$5.75 billionP/E Ratio9.12Dividend Yield0.82%Price Target$150.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability RLI MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside19.3% Upside$150.50 Price TargetShort InterestBearish3.49% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.74Upright™ Environmental ScoreNews Sentiment0.66Based on 6 Articles This WeekInsider TradingSelling Shares$618,894 Sold Last QuarterProj. Earnings Growth-3.07%From $4.88 to $4.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsFinance Sector710th out of 905 stocksFire, Marine, & Casualty Insurance Industry39th out of 47 stocks 2.0 Analyst's Opinion Consensus RatingRLI has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $150.50, RLI has a forecasted upside of 19.3% from its current price of $126.16.Amount of Analyst CoverageRLI has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.49% of the float of RLI has been sold short.Short Interest Ratio / Days to CoverRLI has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in RLI has recently increased by 1.45%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldRLI has a dividend yield of 0.82%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthRLI has been increasing its dividend for 48 years.Dividend CoverageThe dividend payout ratio of RLI is 7.51%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, RLI will have a dividend payout ratio of 21.99% next year. This indicates that RLI will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRLI has received a -6.38% net impact score from Upright. Rli uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Biodiversity". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Home insurance services for individuals", "Real estate insurance for businesses", and "Commercial property insurance" products. See details.Environmental SustainabilityThe Environmental Impact score for RLI is -0.74. Previous Next 2.0 News and Social Media Coverage News SentimentRLI has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for RLI this week, compared to 12 articles on an average week.MarketBeat Follows2 people have added RLI to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RLI insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $618,894.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of RLI is held by insiders.Percentage Held by Institutions80.24% of the stock of RLI is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for RLI are expected to decrease by -3.07% in the coming year, from $4.88 to $4.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RLI is 9.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.10.Price to Earnings Ratio vs. SectorThe P/E ratio of RLI is 9.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 154.35.Price to Book Value per Share RatioRLI has a P/B Ratio of 4.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About RLI (NYSE:RLI) StockRLI Corp. operates as a holding company, which engages in the provision of insurance and underwriting services. It operates through the following segments: Casualty, Property and Surety. The Casualty segment offers healthcare and transportation insurance. The Property segment consists of commercial fire, earthquake, difference in conditions, marine, facultative and treaty reinsurance, including crop and select personal lines policies, including pet insurance and homeowners reinsurance services. The Surety segment engages in writing contract surety coverage, licenses and bonds for commercial, energy and industrial sectors. The company was founded by Gerald D. Stephens in 1965 and is headquartered in Peoria, IL.Read More Receive RLI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RLI and its competitors with MarketBeat's FREE daily newsletter. Email Address RLI Stock News HeadlinesMay 30, 2023 | marketbeat.comCentral figure in German tax evasion scandal convicted in 2nd caseA central figure in a German tax evasion scandal has been convicted and sentenced to more than eight years in prison, the second verdict against him in the space of a few monthsMay 22, 2023 | marketbeat.comGerman prosecutors charge four over violating trade act to sell spyware to TurkeyGerman authorities have filed charges against four suspects from a Bavarian company accused of selling surveillance software to Turkey that could be used to spy on Turkish dissidentsMay 30, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 10, 2023 | marketbeat.comGerman government approves Chinese company COSCO taking minority stake in Hamburg container terminalGermany has given final approval for a Chinese company to take a significant minority stake in the operator of a container terminal at the Hamburg portMay 3, 2023 | marketbeat.comGermany raids Russian's superyacht in sanctions probeGerman authorities have raided a luxury yacht belonging to a wealthy Russian businessman as part of a probe into possible breaches of Western sanctions imposed over Russia’s invasion of UkraineMay 1, 2023 | marketbeat.comMillions snap up new Germany-wide public transit ticketPublic transit companies in Germany say more than three million people have already snapped up a new ticket being launched Monday that allows them to use all local and regional trains, buses and metros across the country for 49 euros a monthMay 29, 2023 | americanbankingnews.comRLI Corp. (NYSE:RLI) Raises Dividend to $0.27 Per ShareMay 23, 2023 | msn.comRLI Corp.: The Always Expensive Dividend Aristocrat Priced For PerfectionMay 30, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 19, 2023 | finance.yahoo.comWhy Is RLI Corp. (RLI) Down 12.4% Since Last Earnings Report?May 18, 2023 | finance.yahoo.comChubb Limited's (CB) Board Okays 3.6% Dividend IncreaseMay 8, 2023 | finance.yahoo.comRLI (NYSE:RLI) Is Increasing Its Dividend To $0.27May 7, 2023 | msn.comRLI (RLI) Declares $0.27 DividendMay 5, 2023 | americanbankingnews.comRLI Corp. Expected to Earn Q2 2023 Earnings of $1.15 Per Share (NYSE:RLI)May 4, 2023 | finance.yahoo.comRLI Increases Regular Dividend for 48th Consecutive YearMay 4, 2023 | finance.yahoo.comStrong Reasons to Hold RLI Corp. (RLI)May 2, 2023 | finance.yahoo.com3 Momentum Anomaly Picks as Markets Avert Another Financial CrisisApril 28, 2023 | americanbankingnews.comInsider Selling: RLI Corp. (NYSE:RLI) Director Sells $618,894.00 in StockApril 27, 2023 | finance.yahoo.comRLI Corp. (NYSE:RLI) Q1 2023 Earnings Call TranscriptApril 25, 2023 | americanbankingnews.comRLI (NYSE:RLI) PT Raised to $151.00 at Royal Bank of CanadaApril 25, 2023 | americanbankingnews.comWilliam Blair Comments on RLI Corp.'s Q2 2023 Earnings (NYSE:RLI)April 22, 2023 | americanbankingnews.comRLI (NYSE:RLI) Sets New 52-Week High on Earnings BeatApril 21, 2023 | finance.yahoo.comQ1 2023 Rli Corp Earnings CallApril 19, 2023 | finance.yahoo.comRLI Reports First Quarter 2023 ResultsApril 19, 2023 | finance.yahoo.comRLI Corp. (RLI) Q1 Earnings Surpass EstimatesApril 17, 2023 | finance.yahoo.comIs a Surprise Coming for RLI Corp. (RLI) This Earnings Season?April 17, 2023 | finance.yahoo.comTravelers (TRV) to Report Q1 Earnings: What's in the Offing?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RLI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RLI and its competitors with MarketBeat's FREE daily newsletter. Email Address RLI Company Calendar Ex-Dividend for 3/20 Dividend2/27/2023Dividend Payable3/20/2023Last Earnings4/20/2023Today5/29/2023Ex-Dividend for 6/20 Dividend5/30/2023Dividend Payable6/20/2023Next Earnings (Estimated)7/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:RLI CUSIP74960710 CIK84246 Webwww.rlicorp.com Phone(309) 692-1000Fax309-692-1068Employees1,001Year Founded1965Price Target and Rating Average Stock Price Forecast$150.50 High Stock Price Forecast$151.00 Low Stock Price Forecast$150.00 Forecasted Upside/Downside+19.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$13.84 Trailing P/E Ratio9.12 Forward P/E Ratio25.85 P/E GrowthN/ANet Income$583.41 million Net Margins35.28% Pretax Margin43.65% Return on Equity19.18% Return on Assets4.91% Debt Debt-to-Equity RatioN/A Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$1.70 billion Price / Sales3.39 Cash Flow$4.91 per share Price / Cash Flow25.72 Book Value$25.94 per share Price / Book4.86Miscellaneous Outstanding Shares45,560,000Free Float43,277,000Market Cap$5.75 billion OptionableOptionable Beta0.42 Social Links Key ExecutivesCraig William KliethermesPresident, Chief Executive Officer & DirectorJennifer L. KlobnakChief Operating OfficerTodd Wayne BryantChief Financial Officer & Vice PresidentBryan T. FowlerChief Information Officer & Vice PresidentJeffrey D. FickSecretary, Chief legal Officer & Senior VPKey CompetitorsSelective Insurance GroupNASDAQ:SIGIAXIS CapitalNYSE:AXSThe Hanover Insurance GroupNYSE:THGWhite Mountains Insurance GroupNYSE:WTMMercury GeneralNYSE:MCYView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 14,104 shares on 5/26/2023Ownership: 0.582%Empower Advisory Group LLCBought 115,034 shares on 5/25/2023Ownership: 0.252%Brandywine Global Investment Management LLCBought 24,192 shares on 5/25/2023Ownership: 0.053%Toroso Investments LLCBought 3,412 shares on 5/23/2023Ownership: 0.012%Ameriprise Financial Inc.Sold 638 shares on 5/22/2023Ownership: 0.127%View All Insider TransactionsView All Institutional Transactions RLI Stock - Frequently Asked Questions Should I buy or sell RLI stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RLI in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RLI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RLI, but not buy additional shares or sell existing shares. View RLI analyst ratings or view top-rated stocks. What is RLI's stock price forecast for 2023? 2 Wall Street analysts have issued 1 year price targets for RLI's shares. Their RLI share price forecasts range from $150.00 to $151.00. On average, they anticipate the company's share price to reach $150.50 in the next year. This suggests a possible upside of 19.3% 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 2023? RLI's stock was trading at $131.27 at the beginning of the year. Since then, RLI shares have decreased by 3.9% and is now trading at $126.16. View the best growth stocks for 2023 here. When is RLI's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023. View our RLI earnings forecast. How were RLI's earnings last quarter? RLI Corp. (NYSE:RLI) released its quarterly earnings data on Thursday, April, 20th. The insurance provider reported $1.63 EPS for the quarter, topping the consensus estimate of $1.21 by $0.42. The insurance provider earned $364.92 million during the quarter, compared to the consensus estimate of $340.12 million. RLI had a net margin of 35.28% and a trailing twelve-month return on equity of 19.18%. The business's quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 earnings per share. How often does RLI pay dividends? What is the dividend yield for RLI? RLI announced a quarterly dividend on Thursday, May 4th. Investors of record on Wednesday, May 31st will be given a dividend of $0.27 per share on Tuesday, June 20th. This represents a $1.08 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Tuesday, May 30th. This is a positive change from the stock's previous quarterly dividend of $0.26. Read our dividend analysis for RLI. What ETFs hold RLI's stock? ETFs with the largest weight of RLI (NYSE:RLI) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), SPDR S&P Insurance ETF (KIE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Invesco DWA Financial Momentum ETF (PFI), ProShares Russell US Dividend Growers ETF (TMDV), Invesco S&P MidCap Low Volatility ETF (XMLV) and Invesco S&P MidCap Momentum ETF (XMMO). Is RLI a good dividend stock? RLI (NYSE:RLI) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.82%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 7.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RLI will have a dividend payout ratio of 21.99% 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 (BDX). What is RLI's stock symbol? RLI trades on the New York Stock Exchange (NYSE) under the ticker symbol "RLI." Who are RLI's major shareholders? RLI's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.31%), State Street Corp (10.04%), Kayne Anderson Rudnick Investment Management LLC (6.29%), Neuberger Berman Group LLC (3.09%), JPMorgan Chase & Co. (2.58%) and Geode Capital Management LLC (2.10%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is RLI's stock price today? One share of RLI stock can currently be purchased for approximately $126.16. How much money does RLI make? RLI (NYSE:RLI) has a market capitalization of $5.75 billion and generates $1.70 billion in revenue each year. The insurance provider earns $583.41 million in net income (profit) each year or $13.84 on an earnings per share basis. How many employees does RLI have? The company employs 1,001 workers across the globe. Does RLI have any subsidiaries? The following companies are subsidiares of RLI: Amphenol (Ningde) Electronics Co. Ltd.Read More How can I contact RLI? RLI's mailing address is 9025 N LINDBERGH DR, PEORIA IL, 61615. The official website for the company is www.rlicorp.com. The insurance provider can be reached via phone at (309) 692-1000, via email at aaron.diefenthaler@rlicorp.com, or via fax at 309-692-1068. This page (NYSE:RLI) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RLI Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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