RLI Corp. (RLI)

NYSE: RLI · IEX Real-Time Price · USD
129.33
-2.52 (-1.91%)
Dec 5, 2022 4:00 PM EST - Market closed
-1.91%
Market Cap 5.90B
Revenue (ttm) 1.66B
Net Income (ttm) 580.86M
Shares Out 45.38M
EPS (ttm) 12.69
PE Ratio 10.19
Forward PE 28.74
Dividend $8.03 (6.21%)
Ex-Dividend Date Nov 29, 2022
Volume 125,180
Open 130.77
Previous Close 131.85
Day's Range 128.32 - 130.97
52-Week Range 96.22 - 134.81
Beta 0.45
Analysts Buy
Price Target 142.12 (+9.9%)
Earnings Date Jan 24, 2023

About RLI

RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. 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. It also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, a... [Read more]

Industry Insurance
IPO Date Aug 15, 1985
CEO Jonathan Michael
Employees 890
Stock Exchange NYSE
Ticker Symbol RLI
Full Company Profile

Financial Performance

In 2021, RLI Corp.'s revenue was $1.18 billion, an increase of 19.89% compared to the previous year's $983.63 million. Earnings were $279.35 million, an increase of 77.83%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for RLI stock is "Buy." The 12-month stock price forecast is 142.12, which is an increase of 9.89% from the latest price.

Price Target
$142.12
(9.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RLI: Steady Growth and Capital Gains Point to Lasting Value

For much of the past year, the stock market theme has been deep undervalation brought on by the market-wide slump. For patient investors in RLI Corp. ( RLI , Financial), though, capital gains have conti...

5 days ago - GuruFocus

Here's Why You Should Retain RLI Stock in Your Portfolio

RLI stands to gain from compelling product portfolio, sustained rate increase, expanded distribution, operational strength and sufficient liquidity.

2 weeks ago - Zacks Investment Research

Why Is RLI Corp. (RLI) Up 16% Since Last Earnings Report?

RLI Corp. (RLI) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

RLI to Hike Shareholders' Value, Okays Special Cash Dividend

RLI's (RLI) board of directors approved a special cash dividend of $7.00 per share supported by sufficient liquidity and strong cash flow to enhance its shareholders value.

3 weeks ago - Zacks Investment Research

RLI Declares Regular & Special Dividends

PEORIA, Ill.--( BUSINESS WIRE )--RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a special cash dividend of $7.00 per share of common stock, which is expected to to...

3 weeks ago - Business Wire

Paul B. Medini Appointed to RLI Board of Directors

PEORIA, Ill.

1 month ago - Business Wire

RLI Q3 Earnings Top Estimates, Decline Y/Y on High Cat Loss

RLI's Q3 results reflect solid performance across all its segments and favorable reserve development, and higher net investment income, affected by losses stemming from Hurricane Ian.

1 month ago - Zacks Investment Research

RLI Corp. (RLI) Beats Q3 Earnings Estimates

RLI Corp. (RLI) delivered earnings and revenue surprises of 51.52% and 1.26%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

RLI Reports Third Quarter 2022 Results

PEORIA, Ill.

1 month ago - Business Wire

RLI Announces Hurricane Ian Loss Estimates

PEORIA, Ill.

1 month ago - Business Wire

RLI Third Quarter Earnings Release & Teleconference

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. announced today that it will release its third quarter 2022 earnings after market close on Wednesday, October 19, 2022.

1 month ago - Business Wire

RLI Announces Completion of Sale of Minority Ownership Interest in Maui Jim, Inc.

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. announced today that it has completed the previously announced sale of its minority interest in Maui Jim, Inc.

2 months ago - Business Wire

RLI Surety Partners With Notary Hub by Everything Legal to Provide Remote Online Notary Solutions

PEORIA, Ill.--(BUSINESS WIRE)-- #RLI--RLI Surety, a division of RLI Insurance Company, announced today an exclusive partnership with Notary Hub™ by Everything Legal.

2 months ago - Business Wire

AXS or RLI: Which P&C Insurance Stock is Better Placed?

Let's see how AXIS Capital (AXS) and RLI Corp. (RLI) fare in terms of some of the key metrics.

Other symbols: AXS
2 months ago - Zacks Investment Research

RLI Looks Poised to Gain From Solid Segmental Performance

RLI stands to gain from rate increases, improved retention, new opportunities and effective capital deployment.

3 months ago - Zacks Investment Research

RLI Corp. (RLI) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

3 months ago - Zacks Investment Research

Why Is RLI Corp. (RLI) Up 3.4% Since Last Earnings Report?

RLI Corp. (RLI) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

RLI Declares Regular Dividend

PEORIA, Ill.--(BUSINESS WIRE)--RLI announced today its Board of Directors has declared a third quarter regular cash dividend of $0.26 per share, unchanged from the prior quarter.

3 months ago - Business Wire

3 Reasons Why RLI Corp. (RLI) Is a Great Growth Stock

RLI Corp. (RLI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

4 months ago - Zacks Investment Research

RLI Q2 Earnings & Revenues Top Estimates on Solid Underwriting

RLI Q2 earnings reflect solid performance across all its segments and favorable reserve development, which aided underwriting results, and higher net investment income.

4 months ago - Zacks Investment Research

RLI Corp. (RLI) Beats Q2 Earnings Estimates

RLI Corp. (RLI) delivered earnings and revenue surprises of 46.08% and 0.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

RLI Reports Second Quarter 2022 Results

PEORIA, Ill.--(BUSINESS WIRE)--RLI reports second quarter 2022 results.

4 months ago - Business Wire

RLI Corporation (RLI) Up 10% in a Year: More Room to Run?

RLI Corporation (RLI) is poised to grow on a compelling portfolio, a focus on specialty insurance lines, an impressive record of underwriting profits and effective capital deployment.

4 months ago - Zacks Investment Research

RLI Named to Ward's 50® Top Performing Insurance Companies List For 32nd Consecutive Year

PEORIA, Ill.--(BUSINESS WIRE)-- #RLI--RLI Insurance Company has been named to Ward's 50® top-performing insurance companies list for the 32nd consecutive year.

4 months ago - Business Wire

RLI Second Quarter Earnings Release & Teleconference

PEORIA, Ill.--(BUSINESS WIRE)-- #Earningsrelease--RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its second quarter 2022 earnings after market close on Wednesday, July 20, 2022. ...

4 months ago - Business Wire