Zacks Research Comments on RLI’s Q1 Earnings (NYSE:RLI)

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

RLI (NYSE:RLI) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $0.41 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%.

Several other brokerages have also recently issued reports on RLI. Royal Bank of Canada lowered their price target on RLI from $88.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Friday, January 24th. Jefferies Financial Group lowered RLI from a “buy” rating to an “underperform” rating and lowered their target price for the stock from $95.00 to $61.00 in a report on Monday, January 27th. Compass Point cut their price target on shares of RLI from $185.00 to $82.00 and set a “buy” rating for the company in a report on Monday, January 27th. Keefe, Bruyette & Woods reduced their price objective on shares of RLI from $100.50 to $100.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Finally, StockNews.com upgraded shares of RLI from a “sell” rating to a “hold” rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $82.80.

RLI Price Performance

NYSE RLI opened at $78.25 on Thursday. The firm has a market capitalization of $7.18 billion, a PE ratio of 20.89 and a beta of 0.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.34 and a quick ratio of 0.38. RLI has a 12 month low of $67.53 and a 12 month high of $91.15. The company’s 50 day simple moving average is $75.56 and its 200 day simple moving average is $79.36.

RLI Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a dividend of $0.15 per share. This is an increase from RLI’s previous quarterly dividend of $0.15. This represents a $0.60 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend was Friday, February 28th. RLI’s payout ratio is 16.00%.

Insider Buying and Selling at RLI

In other news, CEO Craig W. Kliethermes acquired 5,000 shares of RLI stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of $71.35 per share, with a total value of $356,750.00. Following the completion of the transaction, the chief executive officer now owns 139,190 shares in the company, valued at approximately $9,931,206.50. This trade represents a 3.73 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert P. Restrepo, Jr. sold 2,864 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $74.89, for a total value of $214,484.96. Following the completion of the transaction, the director now owns 23,312 shares in the company, valued at $1,745,835.68. This trade represents a 10.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have acquired a total of 11,200 shares of company stock valued at $805,774 in the last 90 days. 5.09% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On RLI

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

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.