Zacks Research Issues Pessimistic Estimate for RLI Earnings

RLI Corp. (NYSE:RLI) – Equities researchers at Zacks Research reduced their Q3 2026 earnings per share estimates for shares of RLI in a research note issued on Tuesday, December 16th. Zacks Research analyst Team now expects that the insurance provider will earn $0.58 per share for the quarter, down from their prior forecast of $0.59. The consensus estimate for RLI’s current full-year earnings is $3.08 per share. Zacks Research also issued estimates for RLI’s Q3 2027 earnings at $0.59 EPS.

A number of other research firms also recently weighed in on RLI. Truist Financial set a $62.00 price target on shares of RLI and gave the company a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of RLI in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $72.80.

RLI Stock Performance

NYSE RLI opened at $66.07 on Thursday. The firm has a 50-day moving average price of $62.23 and a two-hundred day moving average price of $66.47. RLI has a 12-month low of $57.75 and a 12-month high of $84.71. The company has a market capitalization of $6.07 billion, a P/E ratio of 17.34 and a beta of 0.56. 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 (NYSE:RLI) last announced its earnings results on Monday, October 20th. The insurance provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.21. RLI had a net margin of 19.02% and a return on equity of 16.51%. The company had revenue of $509.26 million during the quarter, compared to analysts’ expectations of $444.75 million. During the same quarter in the previous year, the business posted $1.31 earnings per share.

Hedge Funds Weigh In On RLI

Several hedge funds and other institutional investors have recently modified their holdings of RLI. Vanguard Group Inc. boosted its stake in RLI by 1.6% in the third quarter. Vanguard Group Inc. now owns 9,138,072 shares of the insurance provider’s stock valued at $595,985,000 after buying an additional 148,019 shares in the last quarter. State Street Corp boosted its stake in shares of RLI by 3.3% in the 3rd quarter. State Street Corp now owns 8,750,315 shares of the insurance provider’s stock valued at $570,696,000 after purchasing an additional 279,983 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of RLI by 117.0% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,226,797 shares of the insurance provider’s stock valued at $419,869,000 after purchasing an additional 2,817,616 shares during the last quarter. Dimensional Fund Advisors LP increased its position in RLI by 97.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,861,984 shares of the insurance provider’s stock worth $149,569,000 after purchasing an additional 920,799 shares in the last quarter. Finally, Maren Capital LLC increased its position in RLI by 2.8% during the 2nd quarter. Maren Capital LLC now owns 1,595,038 shares of the insurance provider’s stock worth $115,194,000 after purchasing an additional 42,985 shares in the last quarter. Institutional investors own 77.89% of the company’s stock.

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 paid a dividend of $0.16 per share. The ex-dividend date is Friday, November 28th. This represents a $0.64 annualized dividend and a yield of 1.0%. RLI’s dividend payout ratio is presently 16.80%.

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.