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NYSE:RLI

RLI (RLI) Stock Price, News & Analysis

$147.04
+4.24 (+2.97%)
(As of 07/26/2024 ET)
Today's Range
$143.09
$147.04
50-Day Range
$137.08
$147.55
52-Week Range
$125.77
$149.20
Volume
192,864 shs
Average Volume
165,729 shs
Market Capitalization
$6.72 billion
P/E Ratio
20.31
Dividend Yield
0.79%
Price Target
$164.50

RLI MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
11.9% Upside
$164.50 Price Target
Short Interest
Bearish
1.71% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.32mentions of RLI in the last 14 days
Based on 51 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.11%
From $5.84 to $6.08 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.

4.43 out of 5 stars

Finance Sector

138th out of 898 stocks

Fire, Marine, & Casualty Insurance Industry

14th out of 54 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's (RLI) Market Perform Rating Reiterated at JMP Securities
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Q2 2024 RLI Corp Earnings Call
RLI Corp. (RLI) Q2 2024 Earnings Call Transcript
RLI Stock: A Deep Dive Into Analyst Perspectives (3 Ratings)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Compass Point Cuts RLI (NYSE:RLI) Price Target to $170.00
RLI (NYSE:RLI) Shares Gap Up Following Strong Earnings
RLI Reports Second Quarter 2024 Results
Q2 2024 EPS Estimates for RLI Corp. (NYSE:RLI) Lowered by Analyst
See More Headlines
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Company Calendar

Ex-Dividend for 6/20 Dividend
5/31/2024
Dividend Payable
6/20/2024
Last Earnings
7/22/2024
Today
7/26/2024
Next Earnings (Estimated)
10/28/2024
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
$164.50
High Stock Price Target
$170.00
Low Stock Price Target
$155.00
Potential Upside/Downside
+11.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$304.61 million
Pretax Margin
25.93%

Debt

Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$5.37 per share
Book Value
$34.67 per share

Miscellaneous

Free Float
43,383,000
Market Cap
$6.72 billion
Optionable
Optionable
Beta
0.41

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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

How have RLI shares performed this year?

RLI's stock was trading at $133.12 on January 1st, 2024. Since then, RLI stock has increased by 10.5% and is now trading at $147.04.
View the best growth stocks for 2024 here
.

How were RLI's earnings last quarter?

RLI Corp. (NYSE:RLI) released its earnings results on Monday, July, 22nd. The insurance provider reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.37. The business's revenue for the quarter was up 9.1% compared to the same quarter last year.

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.

Does RLI have any subsidiaries?

RLI subsidiaries include these companies: Amphenol (Ningde) Electronics Co. Ltd.

Who are RLI's major shareholders?

Top institutional investors of RLI include Bank of New York Mellon Corp (0.94%), Retirement Systems of Alabama (0.24%), Nepsis Inc. (0.23%) and Raymond James & Associates (0.16%). Insiders that own company stock include Michael J Stone, Michael E Angelina and Jordan W Graham.
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.

What other stocks do shareholders of RLI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RLI investors own include Aflac (AFL), Johnson & Johnson (JNJ), PepsiCo (PEP), Sherwin-Williams (SHW), AT&T (T), Medtronic (MDT) and Pfizer (PFE).

This page (NYSE:RLI) was last updated on 7/26/2024 by MarketBeat.com Staff

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