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Critical asset just had biggest fall on record (Ad)
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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
NYSE:RLI

RLI (RLI) Stock Price, News & Analysis

$146.22
-0.23 (-0.16%)
(As of 03/1/2024 ET)
Today's Range
$145.07
$146.77
50-Day Range
$132.55
$148.25
52-Week Range
$123.04
$149.65
Volume
137,223 shs
Average Volume
200,806 shs
Market Capitalization
$6.68 billion
P/E Ratio
22.09
Dividend Yield
0.74%
Price Target
$157.67

RLI MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.8% Upside
$157.67 Price Target
Short Interest
Healthy
1.58% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.49
Upright™ Environmental Score
News Sentiment
1.08mentions of RLI in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.05%
From $5.54 to $5.82 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.

3.83 out of 5 stars

Finance Sector

348th out of 859 stocks

Fire, Marine, & Casualty Insurance Industry

21st out of 51 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

Germany's parliament to debate and vote on liberalizing cannabis rules
German lawmakers are expected to vote on a government plan to liberalize rules on cannabis, which would decriminalize limited amounts of marijuana and allow members of “cannabis clubs” to buy it for recreational purposes
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Best Commercial Truck Insurance of 2024
RLI declares $0.27 dividend
RLI Declares Regular Dividend
RLI Corp. (NYSE:RLI) Q4 2023 Earnings Call Transcript
Q4 2023 Rli Corp Earnings Call
RLI's Q4 Earnings Top Estimates on Strong Premium Growth
RLI Corp.: Q4 Earnings Snapshot
RLI Corp. (RLI) Tops Q4 Earnings Estimates
RLI Reports Fourth Quarter and Year-End 2023 Results
RLI Corp.
RLI earnings preview: what to expect
See More Headlines
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Company Calendar

Ex-Dividend for 12/20 Dividend
11/29/2023
Dividend Payable
12/20/2023
Last Earnings
1/23/2024
Ex-Dividend for 3/20 Dividend
2/28/2024
Today
3/02/2024
Dividend Payable
3/20/2024
Next Earnings (Estimated)
4/17/2024
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
1,001
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$157.67
High Stock Price Target
$170.00
Low Stock Price Target
$148.00
Potential Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$304.61 million
Pretax Margin
24.95%

Debt

Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$5.17 per share
Book Value
$30.96 per share

Miscellaneous

Free Float
43,335,000
Market Cap
$6.68 billion
Optionable
Optionable
Beta
0.38

Social Links

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Key Executives

  • Mr. Craig William Kliethermes CPCU (Age 59)
    FCAS, President, CEO & Director
    Comp: $3.24M
  • Mr. Todd Wayne Bryant CPA (Age 55)
    CPCU, Chief Financial Officer
    Comp: $1.55M
  • Ms. Kathleen Ann Taylor
    Vice President of Accounting & Branch Operations
  • Mr. Bryan Todd Fowler
    Chief Information Officer
  • Ms. Kathleen Marie Kappes
    Vice President of Human Resources
  • Mr. Robert S. Handzel
    Chief Claim Officer
  • Mr. Eric J. Raudins (Age 57)
    Senior Vice President of Underwriting














RLI Stock Analysis - Frequently Asked Questions

Should I buy or sell RLI stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLI in the last twelve months. There are currently 1 hold rating and 1 buy rating 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?

2 equities research analysts have issued twelve-month price objectives for RLI's stock. Their RLI share price targets range from $148.00 to $170.00. On average, they anticipate the company's stock price to reach $157.67 in the next twelve months. This suggests a possible upside of 7.8% 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 at the start of the year. Since then, RLI shares have increased by 9.8% and is now trading at $146.22.
View the best growth stocks for 2024 here
.

Are investors shorting RLI?

RLI saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 660,100 shares, a decrease of 8.6% from the January 15th total of 722,400 shares. Based on an average daily trading volume, of 176,500 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.6% of the shares of the stock are short sold.
View RLI's Short Interest
.

When is RLI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our RLI earnings forecast
.

How were RLI's earnings last quarter?

RLI Corp. (NYSE:RLI) issued its quarterly earnings results on Tuesday, January, 23rd. The insurance provider reported $1.54 EPS for the quarter, beating analysts' consensus estimates of $1.44 by $0.10. The insurance provider earned $433.52 million during the quarter, compared to analyst estimates of $423.12 million. RLI had a trailing twelve-month return on equity of 17.02% and a net margin of 20.15%. The company's revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.53 EPS.

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

RLI declared a quarterly dividend on Thursday, February 8th. Investors of record on Thursday, February 29th will be paid a dividend of $0.27 per share on Wednesday, March 20th. This represents a $1.08 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Wednesday, February 28th.
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 0.74%. The company has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 16.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RLI will have a dividend payout ratio of 18.56% 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.00%), Neuberger Berman Group LLC (2.97%), Dimensional Fund Advisors LP (1.99%), Port Capital LLC (1.58%), Maren Capital LLC (1.11%) and Charles Schwab Investment Management Inc. (0.90%). 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 3/2/2024 by MarketBeat.com Staff