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NYSE:RLI

RLI Stock Forecast, Price & News

$85.28
-1.07 (-1.24 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$84.75
Now: $85.28
$87.13
50-Day Range
$86.35
MA: $91.63
$95.87
52-Week Range
$66.02
Now: $85.28
$99.93
Volume649,869 shs
Average Volume249,494 shs
Market Capitalization$3.83 billion
P/E Ratio33.18
Dividend Yield1.11%
Beta0.31
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.82 out of 5 stars


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$1.00 billion
Cash Flow$2.63 per share
Book Value$22.20 per share

Profitability

Net Income$191.64 million

Miscellaneous

Employees887
Market Cap$3.83 billion
Next Earnings Date10/21/2020 (Estimated)
OptionableOptionable
$85.28
-1.07 (-1.24 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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RLI (NYSE:RLI) Frequently Asked Questions

How has RLI's stock price been impacted by Coronavirus (COVID-19)?

RLI's stock was trading at $75.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RLI stock has increased by 13.1% and is now trading at $85.28.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of RLI?

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

When is RLI's next earnings date?

RLI is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for RLI
.

How were RLI's earnings last quarter?

RLI Corp (NYSE:RLI) issued its quarterly earnings data on Wednesday, July, 22nd. The insurance provider reported $0.77 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.30. The insurance provider had revenue of $225.65 million for the quarter, compared to analyst estimates of $233.31 million. RLI had a return on equity of 12.03% and a net margin of 12.70%.
View RLI's earnings history
.

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

RLI declared a quarterly dividend on Friday, August 21st. Shareholders of record on Monday, August 31st will be paid a dividend of $0.24 per share on Friday, September 18th. This represents a $0.96 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, August 28th.
View RLI's dividend history
.

What price target have analysts set for RLI?

4 equities research analysts have issued 12-month price objectives for RLI's stock. Their forecasts range from $85.00 to $110.00. On average, they anticipate RLI's share price to reach $95.00 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
View analysts' price targets for RLI
.

Are investors shorting RLI?

RLI saw a drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,690,000 shares, a drop of 15.5% from the July 30th total of 2,000,000 shares. Based on an average daily volume of 224,400 shares, the short-interest ratio is currently 7.5 days. Currently, 3.9% of the company's stock are sold short.
View RLI's Short Interest
.

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 AFLAC (AFL), Johnson & Johnson (JNJ), PepsiCo (PEP), Sherwin-Williams (SHW), AT&T (T), Medtronic (MDT), Pfizer (PFE), A. O. Smith (AOS), Becton Dickinson and (BDX) and Ecolab (ECL).

Who are RLI's key executives?

RLI's management team includes the following 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)

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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.84%), Kayne Anderson Rudnick Investment Management LLC (6.35%), Vaughan David Investments LLC IL (4.60%), Neuberger Berman Group LLC (4.30%), Goldman Sachs Group Inc. (1.43%) and Port Capital LLC (1.40%). Company insiders that own RLI stock include Michael E Angelina, Michael J Stone and Susan S Fleming.
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 Vanguard Group Inc., ProShare Advisors LLC, Goldman Sachs Group Inc., Victory Capital Management Inc., Public Employees Retirement System of Ohio, UBS Group AG, WINTON GROUP Ltd, and Prudential Financial Inc..
View insider buying and selling activity for RLI
.

Which institutional investors are buying RLI stock?

RLI stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Kayne Anderson Rudnick Investment Management LLC, Port Capital LLC, Neuberger Berman Group LLC, Mountain Road Advisors LLC, State of Tennessee Treasury Department, Raymond James & Associates, and Bank of America Corp DE. Company insiders that have bought RLI stock in the last two years include Michael E Angelina, and Susan S Fleming.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is RLI's stock price today?

One share of RLI stock can currently be purchased for approximately $85.28.

How big of a company is RLI?

RLI has a market capitalization of $3.83 billion and generates $1.00 billion in revenue each year. The insurance provider earns $191.64 million in net income (profit) each year or $2.57 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 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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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