NYSE:RLI RLI - RLI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $129.54 +3.76 (+2.99%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$126.69▼$130.5650-Day Range$125.78▼$139.6452-Week Range$100.96▼$140.69Volume199,858 shsAverage Volume207,990 shsMarket Capitalization$5.90 billionP/E Ratio10.17Dividend Yield0.80%Price Target$143.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability RLI MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.4% Upside$143.00 Price TargetShort InterestHealthy3.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment0.34Based on 3 Articles This WeekInsider TradingAcquiring Shares$27,990 Bought Last QuarterProj. Earnings Growth3.80%From $4.47 to $4.64 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.2.33 out of 5 starsFinance Sector525th out of 876 stocksFire, Marine, & Casualty Insurance Industry21st out of 45 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 $143.00, RLI has a forecasted upside of 10.4% from its current price of $129.54.Amount of Analyst CoverageRLI has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.02% of the float of RLI has been sold short.Short Interest Ratio / Days to CoverRLI has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in RLI has recently decreased by 3.20%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldRLI has a dividend yield of 0.83%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthRLI has been increasing its dividend for 47 years.Dividend CoverageThe dividend payout ratio of RLI is 8.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, RLI will have a dividend payout ratio of 22.41% next year. This indicates that RLI will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRLI has received a 0.62% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Commercial general liability insurance", and "Commercial property insurance" products. See details.Environmental SustainabilityThe Environmental Impact score for RLI is -0.37. Previous Next 1.9 News and Social Media Coverage News SentimentRLI has a news sentiment score of 0.34. 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 is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for RLI this week, compared to 7 articles on an average week.Search Interest5 people have searched for RLI on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added RLI to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RLI insiders have bought more of their company's stock than they have sold. Specifically, they have bought $27,990.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.09% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for RLI are expected to grow by 3.80% in the coming year, from $4.47 to $4.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RLI is 10.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.76.Price to Earnings Ratio vs. SectorThe P/E ratio of RLI is 10.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.54.Price to Book Value per Share RatioRLI has a P/B Ratio of 4.99. 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 HeadlinesMarch 20, 2023 | marketbeat.comGerman pensions to rise again, but slower than inflationThe German government says retirees' pensions will rise significantly this summer for the second consecutive yearMarch 16, 2023 | marketbeat.comYour Safety Plan Should Start With These ‘Low Vol’ Yields up to 6.3%March 20, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. February 28, 2023 | marketbeat.comGermany threatens to hold up EU's combustion-engine car banGermany’s transport minister says his country won’t back a planned European Union ban on the sale of new cars with combustion engines from 2035February 27, 2023 | marketbeat.comThese 11 stocks will be Dividend Kings in 5 years or less. (RLI)Dividend kings are a popular choice for income investors. Here are some upcoming dividend kings you can consider adding to your portfolio.February 26, 2023 | marketbeat.comGermany wants to ease visa application for Indian IT workersGerman Chancellor Olaf Scholz says his government wants to make it easier for information technology experts from India to obtain work visas in Germany as the country struggles with a shortage of skilled laborFebruary 22, 2023 | marketbeat.comGerman business confidence improves for 4th straight monthA closely watched survey shows that German business confidence has strengthened for a fourth consecutive month as managers look past current problems to take a more optimistic view of the months aheadMarch 16, 2023 | businesswire.comLong-Term Data from CANbridge Pharmaceuticals CAN008 Phase 1/2 Trial in Glioblastoma Multiforme Shows 67% Five-Year Overall Survival Rate Compared to 8.2% in Institutional DatabaseMarch 20, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 8, 2023 | finance.yahoo.comWhy Is Cincinnati Financial (CINF) Down 7.7% Since Last Earnings Report?March 2, 2023 | finance.yahoo.comChubb (CB) Down 1.9% Since Last Earnings Report: Can It Rebound?March 1, 2023 | finance.yahoo.comInstitutional investors are RLI Corp.'s (NYSE:RLI) biggest bettors and were rewarded after last week's US$290m market cap gainFebruary 24, 2023 | finance.yahoo.comRLI Corp. (RLI) Up 0.4% Since Last Earnings Report: Can It Continue?February 14, 2023 | finance.yahoo.comArch Capital (ACGL) Q4 Earnings Top on Reinsurance StrengthFebruary 13, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And RLI (NYSE:RLI) Passed With EaseFebruary 8, 2023 | finance.yahoo.comWhat Makes RLI Corp. (RLI) an Attractive Investment Opportunity?January 27, 2023 | finance.yahoo.comRLI Corp. (NYSE:RLI) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | finance.yahoo.comRLI Full Year 2022 Earnings: Beats ExpectationsJanuary 26, 2023 | finance.yahoo.comRLI Q4 Earnings & Revenues Top Estimates, Premiums Rise Y/YJanuary 25, 2023 | finance.yahoo.comRLI Corp. (RLI) Q4 Earnings and Revenues Surpass EstimatesJanuary 25, 2023 | finance.yahoo.comRLI Reports Fourth Quarter and Year-End 2022 ResultsJanuary 24, 2023 | finance.yahoo.comTravelers (TRV) Q4 Earnings Meet Estimates, Decrease Y/YJanuary 15, 2023 | finance.yahoo.comRLI Corp.'s (NYSE:RLI) Stock's On An Uptrend: Are Strong Financials Guiding The Market?January 4, 2023 | finance.yahoo.comRLI Announces Product Leadership Retirement and PromotionsDecember 20, 2022 | markets.businessinsider.comCES 2023 Showcases Diverse Conversations and LeadersDecember 20, 2022 | seekingalpha.comRLI Maintains Solid Fundamentals But Stock Remains A Bit CostlyDecember 9, 2022 | finance.yahoo.comAXIS Capital (AXS) Okays Share Buyback, Ups Dividend by 2.3%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 12/20 Dividend11/29/2022Dividend Payable12/20/2022Last Earnings1/25/2023Ex-Dividend for 3/20 Dividend2/27/2023Today3/20/2023Dividend Payable3/20/2023Next Earnings (Estimated)4/19/2023Fiscal 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$143.00 High Stock Price Forecast$150.00 Low Stock Price Forecast$136.00 Forecasted Upside/Downside+10.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$12.74 Trailing P/E Ratio10.21 Forward P/E Ratio29.09 P/E GrowthN/ANet Income$583.41 million Net Margins34.36% Pretax Margin42.44% Return on Equity18.99% Return on Assets4.82% Debt Debt-to-Equity RatioN/A Current Ratio0.35 Quick Ratio0.35 Sales & Book Value Annual Sales$1.70 billion Price / Sales3.49 Cash Flow$5.07 per share Price / Cash Flow25.64 Book Value$25.94 per share Price / Book5.01Miscellaneous Outstanding Shares45,510,000Free Float43,197,000Market Cap$5.92 billion OptionableOptionable Beta0.42 Social Links Key ExecutivesCraig William KliethermesPresident & Chief Executive OfficerJennifer 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 & InstitutionsVictory Capital Management Inc.Sold 61,291 shares on 3/10/2023Ownership: 0.326%Rockefeller Capital Management L.P.Bought 179 shares on 3/6/2023Ownership: 0.004%Voya Investment Management LLCBought 6,865 shares on 2/28/2023Ownership: 0.132%Michael E AngelinaBought 213 shares on 2/24/2023Total: $27,990.33 ($131.41/share)Teachers Retirement System of The State of KentuckyBought 500 shares on 2/22/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions RLI Stock - Frequently Asked Questions Should I buy or sell RLI stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RLI in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities 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 stock. Their RLI share price forecasts range from $136.00 to $150.00. On average, they expect the company's stock price to reach $143.00 in the next year. This suggests a possible upside of 10.0% 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 start of the year. Since then, RLI shares have decreased by 0.9% and is now trading at $130.05. 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, April 19th 2023. View our RLI earnings forecast. How were RLI's earnings last quarter? RLI Corp. (NYSE:RLI) announced its quarterly earnings results on Wednesday, January, 25th. The insurance provider reported $1.53 EPS for the quarter, beating the consensus estimate of $1.08 by $0.45. The insurance provider earned $360.59 million during the quarter, compared to analysts' expectations of $323.92 million. RLI had a net margin of 34.36% and a trailing twelve-month return on equity of 18.99%. The company's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 EPS. How often does RLI pay dividends? What is the dividend yield for RLI? RLI announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 28th will be given a dividend of $0.26 per share on Monday, March 20th. This represents a $1.04 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Monday, February 27th. 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), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco S&P MidCap 400 Pure Growth ETF (RFG), ProShares Russell US Dividend Growers ETF (TMDV), SPDR S&P Insurance ETF (KIE), Invesco DWA Financial Momentum ETF (PFI), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Harbor Corporate Culture Leaders ETF (HAPY). 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 0.83%. The company has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RLI will have a dividend payout ratio of 22.41% 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 Neuberger Berman Group LLC (3.16%), Morgan Stanley (3.01%), JPMorgan Chase & Co. (2.44%), Geode Capital Management LLC (2.04%), Dimensional Fund Advisors LP (2.02%) and Thrivent Financial for Lutherans (1.70%). 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 $130.05. How much money does RLI make? RLI (NYSE:RLI) has a market capitalization of $5.92 billion and generates $1.70 billion in revenue each year. The insurance provider earns $583.41 million in net income (profit) each year or $12.74 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 3/20/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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