RLI Corp. Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for RLI Corp. stock have an average target of 173.67, with a low estimate of 155 and a high estimate of 185. The average target predicts an increase of 10.47% from the current stock price of 157.21.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$155	$173.67	$180	$185
Change	-1.41%	+10.47%	+14.50%	+17.68%

Analyst Ratings

The average analyst rating for RLI Corp. stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	2
Hold	3	3	3	3	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Casey Alexander Compass Point	Compass Point	Strong Buy Maintains $170 → $185	Strong Buy	Maintains	$170 → $185	+17.68%	Oct 25, 2024
Scott Heleniak RBC Capital	RBC Capital	Hold Maintains $162 → $165	Hold	Maintains	$162 → $165	+4.96%	Oct 23, 2024
Michael Phillips Oppenheimer	Oppenheimer	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Oct 16, 2024
Andrew Andersen Jefferies	Jefferies	Strong Buy Maintains $165 → $180	Strong Buy	Maintains	$165 → $180	+14.50%	Oct 9, 2024
Bill Carcache Wolfe Research	Wolfe Research	Buy Initiates $182	Buy	Initiates	$182	+15.77%	Oct 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.62B

Revenue Next Year

1.71B

from 1.62B

5.81%

from 1.62B

EPS This Year

6.27

from 6.61

-5.13%

from 6.61

EPS Next Year

6.22

from 6.27

-0.85%

from 6.27

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.62B	1.71B	1.79B
Revenue Growth	22.67%	-1.99%	19.89%	43.99%	-10.95%	-	5.81%	4.62%
EPS	4.23	3.46	6.11	12.74	6.61	6.27	6.22	6.46
EPS Growth	195.80%	-18.20%	76.59%	108.51%	-48.12%	-5.13%	-0.85%	3.95%
Forward PE	-	-	-	-	-	25.07	25.28	24.32
No. Analysts	-	-	-	-	-	9	9	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.7B	1.8B	1.9B
Avg	1.6B	1.7B	1.8B
Low	1.5B	1.6B	1.7B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	12.4%	11.0%
Avg	-	5.8%	4.6%
Low	-	-0.4%	-1.1%

EPS Forecast

EPS	2024	2025	2026
High	6.98	6.93	7.14
Avg	6.27	6.22	6.46
Low	5.83	5.59	5.98

EPS Growth

EPS Growth	2024	2025	2026
High	5.6%	10.5%	14.8%
Avg	-5.1%	-0.8%	3.9%
Low	-11.8%	-10.9%	-3.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.