RLI Corp. (RLI)
NYSE: RLI · IEX Real-Time Price · USD
141.09
+0.56 (0.40%)
Jul 2, 2024, 4:00 PM EDT - Market closed
RLI Corp. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for RLI Corp. stock have an average target of 162.2, with a low estimate of 148 and a high estimate of 175. The average target predicts an increase of 14.96% from the current stock price of 141.09.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RLI Corp. stock from 6 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $170 → $165 | Strong Buy | Maintains | $170 → $165 | +16.95% | Jun 14, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $158 → $175 | Strong Buy | Maintains | $158 → $175 | +24.03% | Apr 24, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $148 → $155 | Hold | Maintains | $148 → $155 | +9.86% | Apr 24, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 23, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $160 → $168 | Buy | Maintains | $160 → $168 | +19.07% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
1.60B
from 1.51B
Increased by 5.82%
Revenue Next Year
1.70B
from 1.60B
Increased by 6.00%
EPS This Year
5.85
from 6.61
Decreased by -11.50%
EPS Next Year
5.91
from 5.85
Increased by 1.06%
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 | 11.2% | 12.5% | 9.8% |
| Avg | 5.8% | 6.0% | 5.6% |
| Low | 0.7% | 0.7% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.30 | 6.60 | 6.51 |
| Avg | 5.85 | 5.91 | 6.26 |
| Low | 5.34 | 5.39 | 6.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.7% | 12.9% | 10.1% |
| Avg | -11.5% | 1.1% | 5.9% |
| Low | -19.2% | -7.9% | 2.7% |
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.