NYSE:RLI - RLI Stock Price, News, & Analysis

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$84.54 +0.37 (+0.44 %)
(As of 05/21/2019 04:28 AM ET)
Previous Close$84.17
Today's Range$83.79 - $85.16
52-Week Range$64.48 - $85.16
Volume91,200 shs
Average Volume139,506 shs
Market Capitalization$3.77 billion
P/E Ratio41.24
Dividend Yield1.05%
Beta0.98
RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. 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. This segment also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages focuses on providing errors and omission coverage to small to medium-sized design, technical, computer, and miscellaneous professionals. In addition, this segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and equipment dealers; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and fidelity coverages, and for low to moderate classes of risks, including public and private businesses; and healthcare liability 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 small bonds for businesses and individuals; bonds for small to medium-sized contractors; commercial surety bonds for medium-to-large businesses; and commercial surety bonds for the energy, petrochemical, and refining industries. The company also underwrites various reinsurance coverages. The company markets its products through branch offices and independent agents. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP74960710
Phone309-692-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$818.12 million
Cash Flow$2.2383 per share
Book Value$20.08 per share

Profitability

Net Income$64.18 million

Miscellaneous

Employees887
Market Cap$3.77 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

RLI (NYSE:RLI) Frequently Asked Questions

What is RLI's stock symbol?

RLI trades on the New York Stock Exchange (NYSE) under the ticker symbol "RLI."

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

RLI declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Friday, May 31st will be paid a dividend of $0.23 per share on Thursday, June 20th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Thursday, May 30th. This is an increase from RLI's previous quarterly dividend of $0.22. View RLI's Dividend History.

How were RLI's earnings last quarter?

RLI Corp (NYSE:RLI) released its earnings results on Wednesday, April, 17th. The insurance provider reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.12. The insurance provider had revenue of $221.25 million for the quarter. RLI had a return on equity of 11.36% and a net margin of 13.11%. View RLI's Earnings History.

When is RLI's next earnings date?

RLI is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for RLI.

What price target have analysts set for RLI?

4 analysts have issued 12 month price targets for RLI's shares. Their forecasts range from $48.00 to $72.00. On average, they expect RLI's share price to reach $59.00 in the next year. This suggests that the stock has a possible downside of 30.2%. View Analyst Price Targets for RLI.

What is the consensus analysts' recommendation for RLI?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLI in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RLI.

Has RLI been receiving favorable news coverage?

Headlines about RLI stock have trended somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. RLI earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are some of RLI's key competitors?

What other stocks do shareholders of RLI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RLI investors own include Ford Motor (F), AT&T (T), PepsiCo (PEP), Starbucks (SBUX), CVS Health (CVS), Pfizer (PFE), A. O. Smith (AOS), Consolidated Edison (ED), W W Grainger (GWW) and Johnson & Johnson (JNJ).

Who are RLI's key executives?

RLI's management team includes the folowing people:
  • Mr. Jonathan Edward Michael, Chairman & CEO (Age 66)
  • Mr. Craig William Kliethermes FCAS, MAAA, CPCU, Pres & COO (Age 54)
  • Mr. Thomas Lynn Brown CPA, Sr. VP & CFO (Age 62)
  • Mr. Jeffrey Dean Fick, Sr. VP & Chief Legal Officer (Age 58)
  • Ms. Jennifer Leigh Klobnak, Sr. VP of Operations (Age 47)

Who are RLI's major shareholders?

RLI's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.73%), Vaughan David Investments LLC IL (4.64%), Neuberger Berman Group LLC (4.28%), Kayne Anderson Rudnick Investment Management LLC (3.88%), JPMorgan Chase & Co. (3.33%) and Dimensional Fund Advisors LP (2.37%). Company insiders that own RLI stock include Aaron Paul Diefenthaler, Kaj Ahlmann, Michael E Angelina, Michael J Stone and Robert P Restrepo Jr. View Institutional Ownership Trends for RLI.

Which institutional investors are selling RLI stock?

RLI stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Renaissance Technologies LLC, Neuberger Berman Group LLC, PNC Financial Services Group Inc., Goldman Sachs Group Inc., Morgan Stanley, Janus Henderson Group PLC and Pinebridge Investments L.P.. View Insider Buying and Selling for RLI.

Which institutional investors are buying RLI stock?

RLI stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Geode Capital Management LLC, Global Alpha Capital Management Ltd., Charles Schwab Investment Management Inc., Northern Trust Corp, Marshall Wace LLP, SG Americas Securities LLC and Vaughan David Investments LLC IL. Company insiders that have bought RLI stock in the last two years include Michael E Angelina and Robert P Restrepo Jr. View Insider Buying and Selling for RLI.

How do I buy shares of RLI?

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

What is RLI's stock price today?

One share of RLI stock can currently be purchased for approximately $84.54.

How big of a company is RLI?

RLI has a market capitalization of $3.77 billion and generates $818.12 million in revenue each year. The insurance provider earns $64.18 million in net income (profit) each year or $2.05 on an earnings per share basis. RLI employs 887 workers across the globe.

What is RLI's official website?

The official website for RLI is http://www.rlicorp.com.

How can I contact RLI?

RLI's mailing address is 9025 N LINDBERGH DR, PEORIA IL, 61615. The insurance provider can be reached via phone at 309-692-1000 or via email at [email protected]


MarketBeat Community Rating for RLI (NYSE RLI)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  524
MarketBeat's community ratings are surveys of what our community members think about RLI and other stocks. Vote "Outperform" if you believe RLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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