Headlines about RLI (NYSE:RLI) have been trending somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RLI earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 44.0637502614712 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

RLI (NYSE RLI) traded up $1.16 during midday trading on Friday, reaching $58.18. The company’s stock had a trading volume of 372,464 shares, compared to its average volume of 161,217. The stock has a market cap of $2,563.41, a PE ratio of 35.26 and a beta of 1.27. RLI has a 52-week low of $50.34 and a 52-week high of $64.03. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.35 and a current ratio of 0.35.

RLI (NYSE:RLI) last released its quarterly earnings results on Wednesday, October 18th. The insurance provider reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.44). The company had revenue of $196.20 million during the quarter, compared to analysts’ expectations of $195.89 million. RLI had a return on equity of 0.79% and a net margin of 0.88%. The firm’s revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.37 EPS. equities analysts anticipate that RLI will post 1.55 EPS for the current fiscal year.

The business also recently declared a special dividend, which will be paid on Wednesday, December 27th. Shareholders of record on Thursday, November 30th will be issued a $1.75 dividend. This represents a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, November 29th. RLI’s dividend payout ratio is presently 46.67%.

A number of analysts recently issued reports on the stock. Zacks Investment Research raised shares of RLI from a “hold” rating to a “buy” rating and set a $62.00 target price for the company in a research report on Tuesday, September 26th. Royal Bank of Canada reissued an “underperform” rating and set a $51.00 target price (up previously from $50.00) on shares of RLI in a research report on Friday, October 20th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $55.00 price target on shares of RLI in a report on Wednesday, December 6th. Finally, B. Riley restated a “neutral” rating on shares of RLI in a report on Monday, November 6th. Three investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $47.75.

In other news, Director Michael J. Stone sold 2,000 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $59.68, for a total transaction of $119,360.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert P. Restrepo, Jr. bought 1,026 shares of RLI stock in a transaction dated Monday, November 13th. The shares were acquired at an average price of $59.30 per share, with a total value of $60,841.80. Following the completion of the purchase, the director now owns 8,026 shares in the company, valued at approximately $475,941.80. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 4,991 shares of company stock valued at $296,903. 6.09% of the stock is owned by company insiders.

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About RLI

RLI Corp. is a specialty insurance company. The Company underwrites selected property and casualty insurance through subsidiaries, as well as offers insurance coverages in both the specialty admitted, and excess and surplus markets. It operates through Casualty, Property and Surety segments. Its Casualty segment consists of commercial and personal umbrella, general liability, commercial transportation, professional services, small commercial, executive products, medical professional liability and other casualty businesses.

Insider Buying and Selling by Quarter for RLI (NYSE:RLI)

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