FY2026 Earnings Forecast for RLI Issued By DOWLING & PARTN

RLI Corp. (NYSE:RLIFree 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:RLIGet 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.

Several other research analysts also recently commented on the stock. Keefe, Bruyette & Woods upgraded shares of RLI from a “moderate buy” rating to a “strong-buy” rating in a research report on Tuesday, February 24th. Weiss Ratings downgraded shares of RLI from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 22nd. Wells Fargo & Company lowered their price objective on shares of RLI from $59.00 to $55.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Wall Street Zen downgraded shares of RLI from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Zacks Research upgraded shares of RLI from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $61.50.

Get Our Latest Stock Report on RLI

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

(Get Free Report)

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.

See Also

Earnings History and Estimates for RLI (NYSE:RLI)

Receive News & Ratings for RLI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RLI and related companies with MarketBeat.com's FREE daily email newsletter.