Zacks Research Has Negative Forecast for RLI FY2026 Earnings

RLI Corp. (NYSE:RLI) – Investment analysts at Zacks Research dropped their FY2026 earnings per share estimates for RLI in a research report issued to clients and investors on Tuesday, December 16th. Zacks Research analyst Team now forecasts that the insurance provider will earn $2.94 per share for the year, down from their prior forecast of $2.96. The consensus estimate for RLI’s current full-year earnings is $3.08 per share. Zacks Research also issued estimates for RLI’s FY2027 earnings at $2.96 EPS.

Several other equities research analysts also recently weighed in on RLI. Truist Financial set a $62.00 target price on shares of RLI and gave the company a “hold” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of RLI in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $72.80.

RLI Stock Up 0.1%

NYSE RLI opened at $66.11 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.05. RLI has a 52 week low of $57.75 and a 52 week high of $84.71. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of 17.35 and a beta of 0.56. The company has a fifty day moving average of $62.28 and a two-hundred day moving average of $66.47.

RLI (NYSE:RLI) last released its earnings results on Monday, October 20th. The insurance provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.21. RLI had a return on equity of 16.51% and a net margin of 19.02%.The firm had revenue of $509.26 million for the quarter, compared to the consensus estimate of $444.75 million. During the same quarter in the previous year, the company posted $1.31 EPS.

RLI Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, November 28th. RLI’s dividend payout ratio is presently 16.80%.

Institutional Investors Weigh In On RLI

Several large investors have recently modified their holdings of RLI. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in RLI by 117.0% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,226,797 shares of the insurance provider’s stock worth $419,869,000 after buying an additional 2,817,616 shares during the period. Wasatch Advisors LP purchased a new position in shares of RLI in the 2nd quarter valued at $84,608,000. Norges Bank bought a new position in shares of RLI in the 2nd quarter worth $74,533,000. Dimensional Fund Advisors LP raised its position in shares of RLI by 97.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,861,984 shares of the insurance provider’s stock worth $149,569,000 after acquiring an additional 920,799 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its stake in shares of RLI by 155.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,488,514 shares of the insurance provider’s stock worth $119,573,000 after purchasing an additional 906,375 shares during the last quarter. Institutional investors own 77.89% of the company’s stock.

RLI Company Profile

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.