RLI Corp. (RLI)

NYSE: RLI · IEX Real-Time Price · USD
136.26
-0.95 (-0.69%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-0.69%
Market Cap 6.23B
Revenue (ttm) 1.51B
Net Income (ttm) 304.61M
Shares Out 45.70M
EPS (ttm) 6.61
PE Ratio 20.61
Forward PE 24.81
Dividend $1.08 (0.79%)
Ex-Dividend Date Feb 28, 2024
Volume 99,188
Open 138.49
Previous Close 137.21
Day's Range 136.20 - 138.64
52-Week Range 123.05 - 149.65
Beta 0.33
Analysts Buy
Price Target 155.50 (+14.12%)
Earnings Date Apr 22, 2024

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. It also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and o... [Read more]

Sector Financials
IPO Date Aug 15, 1985
Employees 1,099
Stock Exchange NYSE
Ticker Symbol RLI
Full Company Profile

Financial Performance

In 2023, RLI Corp.'s revenue was $1.51 billion, a decrease of -10.95% compared to the previous year's $1.70 billion. Earnings were $304.61 million, a decrease of -47.79%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for RLI stock is "Buy." The 12-month stock price forecast is $155.5, which is an increase of 14.12% from the latest price.

Price Target
$155.5
(14.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RLI First Quarter Earnings Release & Teleconference

PEORIA, Ill.--(BUSINESS WIRE)-- #casualtyinsurance--RLI Corp. to release first quarter earnings on April 22, 2024.

7 days ago - Business Wire

RLI Reports Fourth Quarter and Year-End 2023 Results

PEORIA, Ill.--(BUSINESS WIRE)--RLI Reports Fourth Quarter and Year-End 2023 Results.

2 months ago - Business Wire

RLI Fourth Quarter Earnings Release & Teleconference

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. will release its fourth quarter 2023 earnings after market close on Wednesday, January 24, 2024.

3 months ago - Business Wire

RLI Reports Third Quarter 2023 Results

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. reports third quarter 2023 earnings results.

6 months ago - Business Wire

RLI Third Quarter Earnings Release & Teleconference

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its third quarter 2023 earnings after market close on Monday, October 23, 2023. The company will h...

7 months ago - Business Wire

RLI Reports Second Quarter 2023 Results

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. reported second quarter 2023 net earnings of $77.7 million ($1.69 per share) and operating earnings of $53.3 million. ($1.16 per share).

9 months ago - Business Wire

RLI Second Quarter Earnings Release & Teleconference

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. announced today that it will release its second quarter 2023 earnings after market close on Monday, July 24, 2023.

10 months ago - Business Wire

RLI Reports First Quarter 2023 Results

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. reported first quarter 2023 net earnings of $98.8 million ($2.15 per share) and operating earnings of $75.0 million ($1.63 per share).

1 year ago - Business Wire

RLI Reports Fourth Quarter and Year-End 2022 Results

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2022 net earnings of $97.8 million ($2.13 per share), compared to $95.3 million ($2.08 per share) for the fou...

1 year ago - Business Wire

RLI Fourth Quarter earnings release & teleconference

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) announced today that it will release its fourth quarter 2022 earnings after market close on Wednesday, January 25, 2023.

1 year ago - Business Wire

RLI Announces Product Leadership Retirement and Promotions

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) -- RLI Corp. announced today the retirement and promotion of several product leaders.

1 year ago - Business Wire

Exelon President and CEO Calvin Butler Leads Nation's Largest Transmission and Distribution Company During Transformative Era for Energy Industry

CHICAGO--(BUSINESS WIRE)--Calvin Butler has begun in his role as president and chief executive officer of Exelon (Nasdaq: EXC) and has joined Exelon's Board of Directors after previously serving as ...

Other symbols: EXC
1 year ago - Business Wire

These 4 Insurance Stocks Keep Hitting New Highs

While you were watching Tesla keep sliding to lower and lower yearly lows, you may have missed it that some big insurance companies kept going higher.

Other symbols: CBHIGTRV
1 year ago - Forbes

8 Great Low-Vol Stocks Yielding 5%-9%

We are heading into the most telegraphed recession in American history

1 year ago - Forbes

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 con...

1 year ago - GuruFocus

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 ...

1 year ago - Business Wire

Paul B. Medini Appointed to RLI Board of Directors

PEORIA, Ill.

1 year ago - Business Wire

RLI Reports Third Quarter 2022 Results

PEORIA, Ill.

1 year ago - Business Wire

RLI Announces Hurricane Ian Loss Estimates

PEORIA, Ill.

1 year 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.

1 year 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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

RLI Reports Second Quarter 2022 Results

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

1 year ago - Business Wire

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.

1 year ago - Business Wire

RLI Names Donald Johnson as Vice President, Professional Services Group and Bret Stone as Vice President, Data & Analytics

PEORIA, Ill.--(BUSINESS WIRE)-- #CraigKliethermes--RLI Corp. announced today that it has named two leaders to new roles.

2 years ago - Business Wire