RLI Corp. (NYSE:RLI – Free Report) – Research analysts at Zacks Research increased their FY2025 earnings per share estimates for shares of RLI in a report issued on Monday, January 6th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $6.21 per share for the year, up from their prior forecast of $6.20. The consensus estimate for RLI’s current full-year earnings is $5.85 per share. Zacks Research also issued estimates for RLI’s Q4 2025 earnings at $1.60 EPS.
RLI (NYSE:RLI – Get Free Report) last posted its earnings results on Monday, October 21st. The insurance provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.33. RLI had a return on equity of 19.03% and a net margin of 23.77%. The firm had revenue of $470.00 million for the quarter, compared to analyst estimates of $491.54 million. During the same period in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 41.7% on a year-over-year basis.
Get Our Latest Analysis on RLI
RLI Price Performance
RLI stock opened at $149.77 on Thursday. The stock has a market capitalization of $6.86 billion, a P/E ratio of 16.46 and a beta of 0.47. RLI has a fifty-two week low of $134.07 and a fifty-two week high of $182.29. The business has a 50-day moving average of $168.91 and a 200-day moving average of $156.64.
Shares of RLI are set to split on the morning of Thursday, January 16th. The 2-1 split was announced on Thursday, November 7th. The newly minted shares will be payable to shareholders after the market closes on Wednesday, January 15th.
RLI Increases Dividend
The firm also recently announced a None dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were given a dividend of $4.29 per share. This represents a dividend yield of 0.7%. The ex-dividend date was Friday, November 29th. This is a positive change from RLI’s previous None dividend of $2.25. RLI’s dividend payout ratio is presently 12.75%.
Insider Transactions at RLI
In other RLI news, Director Michael J. Stone sold 200 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $169.55, for a total value of $33,910.00. Following the sale, the director now owns 214,811 shares of the company’s stock, valued at approximately $36,421,205.05. This trade represents a 0.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 4.91% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in RLI. Brown Brothers Harriman & Co. grew its holdings in RLI by 0.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 7,879 shares of the insurance provider’s stock worth $1,221,000 after acquiring an additional 66 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. lifted its holdings in shares of RLI by 1.2% during the third quarter. Klein Pavlis & Peasley Financial Inc. now owns 5,757 shares of the insurance provider’s stock worth $892,000 after purchasing an additional 68 shares during the period. Versant Capital Management Inc grew its stake in shares of RLI by 53.8% in the fourth 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. EverSource Wealth Advisors LLC increased its holdings in RLI by 45.6% in the second quarter. EverSource Wealth Advisors LLC now owns 246 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 77 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in RLI by 5.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 1,633 shares of the insurance provider’s stock valued at $230,000 after purchasing an additional 89 shares during the period. Institutional investors and hedge funds own 77.89% of the company’s stock.
About RLI
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.
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