Research Analysts’ Weekly Ratings Changes for RLI (RLI)

A number of firms have modified their ratings and price targets on shares of RLI (NYSE: RLI) recently:

• 1/27/2025 – RLI was downgraded by analysts at Jefferies Financial Group Inc. from a “buy” rating to an “underperform” rating. They now have a $61.00 price target on the stock, down previously from $95.00.
• 1/27/2025 – RLI was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/27/2025 – RLI had its price target lowered by analysts at Compass Point from $185.00 to $82.00. They now have a “buy” rating on the stock.
• 1/24/2025 – RLI had its price target lowered by analysts at Royal Bank of Canada from $88.00 to $80.00. They now have a “sector perform” rating on the stock.
• 1/23/2025 – RLI had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 1/10/2025 – RLI had its price target lowered by analysts at Keefe, Bruyette & Woods from $100.50 to $100.00. They now have an “outperform” rating on the stock.

RLI Stock Up 0.2 %

Shares of NYSE:RLI traded up $0.15 during midday trading on Friday, hitting $73.79. 127,364 shares of the stock were exchanged, compared to its average volume of 571,123. The company has a market capitalization of $6.76 billion, a PE ratio of 19.70 and a beta of 0.47. The business’s fifty day simple moving average is $81.50 and its two-hundred day simple moving average is $78.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.38 and a current ratio of 0.34. RLI Corp. has a 52-week low of $67.04 and a 52-week high of $91.14.

RLI (NYSE:RLI) last issued its earnings results on Wednesday, January 22nd. The insurance provider reported $0.41 earnings per share (EPS) 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%. As a group, research analysts predict that RLI Corp. will post 3.09 earnings per share for the current fiscal year.

RLI Cuts Dividend

The company also recently declared a None dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, November 29th were issued a $2.145 dividend. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, November 29th. RLI’s dividend payout ratio (DPR) is 15.49%.

Insider Activity

In other news, Director David B. Duclos purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average cost of $72.50 per share, with a total value of $145,000.00. Following the acquisition, the director now owns 7,215 shares in the company, valued at approximately $523,087.50. This trade represents a 38.35 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael J. Stone sold 400 shares of RLI stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $84.78, for a total transaction of $33,910.00. Following the completion of the sale, the director now owns 429,622 shares of the company’s stock, valued at $36,421,205.05. This trade represents a 0.09 % decrease in their position. The disclosure for this sale can be found here. Insiders purchased 11,200 shares of company stock worth $805,774 over the last quarter. 5.09% of the stock is currently owned by company insiders.

Institutional Trading of RLI

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nepsis Inc. boosted its stake in RLI by 138.8% in the fourth quarter. Nepsis Inc. now owns 296,526 shares of the insurance provider’s stock valued at $48,876,000 after acquiring an additional 172,370 shares during the last quarter. NFJ Investment Group LLC bought a new stake in shares of RLI during the 3rd quarter worth $9,931,000. Wellington Management Group LLP purchased a new stake in RLI in the third quarter worth approximately $9,458,000. State Street Corp grew its holdings in shares of RLI by 1.3% during the 3rd quarter. State Street Corp now owns 4,393,250 shares of the insurance provider’s stock valued at $680,866,000 after purchasing an additional 58,167 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of RLI by 5.9% during the third quarter. Geode Capital Management LLC now owns 908,430 shares of the insurance provider’s stock valued at $140,817,000 after buying an additional 50,654 shares during the last quarter. Institutional investors and hedge funds own 77.89% of the company’s stock.

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.