Zacks Research Issues Pessimistic Estimate for RLI Earnings

RLI Corp. (NYSE:RLI) – Research analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for RLI in a research report issued on Monday, March 24th. Zacks Research analyst T. De now anticipates that the insurance provider will post earnings of $0.75 per share for the quarter, down from their previous estimate of $0.76. The consensus estimate for RLI’s current full-year earnings is $3.08 per share.

RLI (NYSE:RLI) last posted its earnings results on Wednesday, January 22nd. The insurance provider reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.64). RLI had a return on equity of 16.63% and a net margin of 19.53%.

Several other brokerages also recently commented on RLI. Keefe, Bruyette & Woods cut their target price on RLI from $100.50 to $100.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. JMP Securities reiterated a “market perform” rating on shares of RLI in a report on Thursday, January 23rd. StockNews.com raised shares of RLI from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Compass Point dropped their price target on shares of RLI from $185.00 to $82.00 and set a “buy” rating on the stock in a research report on Monday, January 27th. Finally, Royal Bank of Canada decreased their price objective on shares of RLI from $88.00 to $80.00 and set a “sector perform” rating for the company in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, RLI currently has an average rating of “Hold” and a consensus target price of $82.80.

RLI Stock Performance

Shares of RLI stock opened at $79.99 on Thursday. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 21.36 and a beta of 0.39. RLI has a twelve month low of $67.53 and a twelve month high of $91.15. The company’s fifty day moving average is $75.63 and its 200 day moving average is $79.38. The company has a quick ratio of 0.38, a current ratio of 0.34 and a debt-to-equity ratio of 0.07.

Institutional Trading of RLI

Several hedge funds have recently bought and sold shares of RLI. Golden State Wealth Management LLC bought a new position in shares of RLI in the fourth quarter valued at $31,000. Versant Capital Management Inc raised its holdings in shares of RLI by 53.8% in the 4th quarter. Versant Capital Management Inc now owns 203 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 71 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in RLI by 76.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 230 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 100 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in RLI during the 4th quarter valued at about $56,000. Finally, EverSource Wealth Advisors LLC increased its holdings in RLI by 47.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 497 shares of the insurance provider’s stock worth $82,000 after purchasing an additional 159 shares in the last quarter. Institutional investors and hedge funds own 77.89% of the company’s stock.

Insider Activity at RLI

In other news, Director Michael E. Angelina acquired 2,200 shares of RLI stock in a transaction on Friday, January 24th. The stock was purchased at an average price of $72.62 per share, with a total value of $159,764.00. Following the completion of the purchase, the director now owns 23,514 shares of the company’s stock, valued at approximately $1,707,586.68. The trade was a 10.32 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert P. Restrepo, Jr. sold 2,864 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $74.89, for a total value of $214,484.96. Following the transaction, the director now directly owns 23,312 shares in the company, valued at $1,745,835.68. The trade was a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have purchased 11,200 shares of company stock worth $805,774 in the last quarter. Company insiders own 5.09% of the company’s stock.

RLI Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were paid a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.75%. This is a positive change from RLI’s previous quarterly dividend of $0.15. RLI’s payout ratio is currently 16.00%.

RLI Company Profile

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.