
RLI Corp. (NYSE:RLI – Free Report) – Research analysts at DOWLING & PARTN issued their FY2026 EPS estimates for RLI in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Collins anticipates that the insurance provider will post earnings of $3.00 per share for the year. The consensus estimate for RLI’s current full-year earnings is $2.70 per share. DOWLING & PARTN also issued estimates for RLI’s FY2027 earnings at $3.10 EPS.
RLI (NYSE:RLI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.73 by $0.10. RLI had a net margin of 20.81% and a return on equity of 17.72%. The business had revenue of $423.87 million during the quarter, compared to the consensus estimate of $564.47 million. During the same period in the previous year, the business earned $0.92 earnings per share. The company’s revenue was up 4.0% on a year-over-year basis.
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RLI Price Performance
Shares of RLI opened at $52.05 on Thursday. RLI has a one year low of $47.26 and a one year high of $77.24. The company has a market cap of $4.79 billion, a P/E ratio of 12.16 and a beta of 0.42. The firm has a 50 day simple moving average of $54.92 and a two-hundred day simple moving average of $59.46.
RLI Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.4%. This is a boost from RLI’s previous quarterly dividend of $0.16. The ex-dividend date is Friday, May 29th. RLI’s dividend payout ratio (DPR) is currently 14.95%.
Insiders Place Their Bets
In related news, COO Jennifer L. Klobnak acquired 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of $53.42 per share, for a total transaction of $106,840.00. Following the completion of the acquisition, the chief operating officer directly owned 102,318 shares of the company’s stock, valued at approximately $5,465,827.56. This trade represents a 1.99% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Craig W. Kliethermes acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average price of $52.00 per share, with a total value of $260,000.00. Following the completion of the acquisition, the chief executive officer directly owned 148,990 shares of the company’s stock, valued at $7,747,480. This trade represents a 3.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.39% of the company’s stock.
Institutional Trading of RLI
Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. grew its holdings in RLI by 8.0% during the 3rd quarter. Principal Financial Group Inc. now owns 274,777 shares of the insurance provider’s stock worth $17,921,000 after acquiring an additional 20,438 shares during the period. JPMorgan Chase & Co. boosted its position in shares of RLI by 15.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,422,596 shares of the insurance provider’s stock worth $92,782,000 after purchasing an additional 191,020 shares in the last quarter. Van Berkom & Associates Inc. lifted its position in RLI by 14.6% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,229,649 shares of the insurance provider’s stock valued at $80,198,000 after acquiring an additional 156,241 shares in the last quarter. UBS Group AG lifted its position in RLI by 8.7% in the 4th quarter. UBS Group AG now owns 607,176 shares of the insurance provider’s stock valued at $38,847,000 after acquiring an additional 48,563 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in RLI by 1,030.2% in the 4th quarter. SG Americas Securities LLC now owns 34,009 shares of the insurance provider’s stock valued at $2,176,000 after acquiring an additional 31,000 shares in the last quarter. 77.89% of the stock is currently owned by institutional investors and hedge funds.
RLI Company Profile
RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.
Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.
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