Zacks Research Has Strong Forecast for RLI FY2025 Earnings

RLI Corp. (NYSE:RLI) – Equities researchers at Zacks Research upped their FY2025 earnings per share estimates for shares of RLI in a research report issued to clients and investors on Monday, January 6th. Zacks Research analyst T. De now anticipates that the insurance provider will post earnings per share of $6.21 for the year, up from their previous estimate 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) last posted its quarterly earnings results on Monday, October 21st. The insurance provider reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.33. The business had revenue of $470.00 million for the quarter, compared to analysts’ expectations of $491.54 million. RLI had a return on equity of 19.03% and a net margin of 23.77%. The firm’s quarterly revenue was up 41.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.61 earnings per share.

A number of other research firms have also commented on RLI. Royal Bank of Canada lifted their target price on shares of RLI from $162.00 to $165.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 23rd. Jefferies Financial Group upped their price objective on RLI from $165.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Wolfe Research initiated coverage on RLI in a report on Wednesday, October 9th. They set an “outperform” rating and a $182.00 target price on the stock. Compass Point upped their price target on RLI from $170.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Oppenheimer initiated coverage on shares of RLI in a research report on Wednesday, October 16th. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $177.40.

RLI Trading Down 2.2 %

Shares of NYSE RLI opened at $152.91 on Thursday. The firm has a market capitalization of $7.01 billion, a PE ratio of 16.80 and a beta of 0.47. The firm’s 50-day moving average is $169.06 and its 200-day moving average is $156.58. RLI has a 1 year low of $132.30 and a 1 year high of $182.29.

RLI’s stock is scheduled to split before the market opens on Thursday, January 16th. The 2-1 split was announced on Thursday, November 7th. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, January 15th.

Hedge Funds Weigh In On RLI

A number of hedge funds have recently bought and sold shares of the business. TD Asset Management Inc increased its position in shares of RLI by 12.8% in the second quarter. TD Asset Management Inc now owns 12,186 shares of the insurance provider’s stock worth $1,714,000 after purchasing an additional 1,386 shares during the period. Victory Capital Management Inc. raised its holdings in RLI by 1.5% during the 2nd quarter. Victory Capital Management Inc. now owns 133,747 shares of the insurance provider’s stock worth $18,817,000 after purchasing an additional 2,028 shares during the last quarter. Arizona State Retirement System lifted its holdings in RLI by 2.0% in the second quarter. Arizona State Retirement System now owns 11,514 shares of the insurance provider’s stock valued at $1,620,000 after buying an additional 229 shares during the period. Quest Partners LLC increased its holdings in RLI by 442.1% in the second quarter. Quest Partners LLC now owns 6,342 shares of the insurance provider’s stock worth $892,000 after purchasing an additional 5,172 shares in the last quarter. Finally, Choreo LLC bought a new position in RLI during the second quarter worth $345,000. 77.89% of the stock is owned by institutional investors.

Insider Buying and Selling at RLI

In other RLI news, Director Michael J. Stone sold 200 shares of the company’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 transaction, the director now directly owns 214,811 shares of the company’s stock, valued at $36,421,205.05. This represents a 0.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 4.91% of the company’s stock.

RLI Increases Dividend

The company also recently declared 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 is a positive change from RLI’s previous None dividend of $2.25. This represents a yield of 0.7%. The ex-dividend date of this dividend was Friday, November 29th. RLI’s dividend payout ratio is 12.75%.

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.