Brokerages Set RLI Corp. (NYSE:RLI) Price Target at $64.40

Shares of RLI Corp. (NYSE:RLI) have earned an average recommendation of “Hold” from the eight brokerages that are currently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $61.50.

RLI has been the subject of a number of analyst reports. Citizens Jmp reissued a “market perform” rating on shares of RLI in a research report on Friday, January 23rd. Zacks Research raised shares of RLI from a “strong sell” rating to a “hold” rating in a report on Thursday, April 2nd. Jefferies Financial Group upgraded shares of RLI from an “underperform” rating to a “hold” rating and set a $52.00 target price for the company in a research note on Friday, January 23rd. Truist Financial set a $58.00 target price on shares of RLI in a report on Friday, January 23rd. Finally, Wells Fargo & Company cut their price target on shares of RLI from $59.00 to $55.00 and set an “equal weight” rating on the stock in a report on Thursday, April 9th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RLI. Vanguard Group Inc. increased its position in shares of RLI by 3.4% during the 4th quarter. Vanguard Group Inc. now owns 9,448,929 shares of the insurance provider’s stock valued at $604,542,000 after purchasing an additional 310,857 shares during the last quarter. State Street Corp grew its position in RLI by 1.4% during the fourth quarter. State Street Corp now owns 8,875,002 shares of the insurance provider’s stock valued at $567,823,000 after buying an additional 124,687 shares during the period. Wasatch Advisors LP grew its position in RLI by 33.1% during the first quarter. Wasatch Advisors LP now owns 2,579,955 shares of the insurance provider’s stock valued at $147,161,000 after buying an additional 641,769 shares during the period. Geode Capital Management LLC increased its holdings in RLI by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 2,191,891 shares of the insurance provider’s stock worth $140,260,000 after buying an additional 67,025 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in RLI by 6.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,899,524 shares of the insurance provider’s stock worth $121,536,000 after buying an additional 112,541 shares during the last quarter. Hedge funds and other institutional investors own 77.89% of the company’s stock.

RLI Stock Down 3.7%

Shares of RLI stock opened at $55.01 on Friday. RLI has a 52 week low of $54.80 and a 52 week high of $78.25. The business has a 50 day moving average price of $59.49 and a 200-day moving average price of $61.06. The company has a market cap of $5.06 billion, a PE ratio of 12.85 and a beta of 0.52.

RLI (NYSE:RLI) last announced its earnings results on Wednesday, April 22nd. The insurance provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.10. The company had revenue of $423.87 million for the quarter, compared to analysts’ expectations of $564.47 million. RLI had a return on equity of 17.73% and a net margin of 20.81%.RLI’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.92 earnings per share. As a group, research analysts anticipate that RLI will post 2.78 EPS for the current year.

RLI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, March 2nd. RLI’s dividend payout ratio (DPR) is presently 14.68%.

More RLI News

Here are the key news stories impacting RLI this week:

• Positive Sentiment: Underwriting strength: management reported an 86 combined ratio for Q1, indicating profitable underwriting performance that investors view as a constructive sign for core insurance operations. RLI Reports First Quarter 2026 Results
• Positive Sentiment: Investment and profitability metrics: RLI reported higher investment income year-over-year, a net margin of ~21.4% and ROE around 18.7%, which support earnings power even amid underwriting noise. MarketBeat: RLI Q1 Results
• Neutral Sentiment: Earnings per share dynamics are mixed: the company reported $0.83 EPS (some outlets show this as a beat vs certain consensus figures, while others treat it as slightly below alternative estimates), so headline EPS interpretation varies by analyst benchmark. RLI Corp. (RLI) Q1 Earnings Lag Estimates
• Neutral Sentiment: Management commentary and details are available in the Q1 earnings call transcript for investors wanting line-by-line color on claims trends, cat exposure and reserve development. RLI Corp. (RLI) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Revenue and top-line miss: reported revenue was materially below some analyst estimates (company revenue ~ $423.9M vs certain expectations north of $560M), which raises questions on growth and the drivers behind the shortfall. RLI (NYSE:RLI) Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings
• Negative Sentiment: Catastrophe losses and underwriting pressure: analysts flagged that catastrophe losses weighed on underwriting in the quarter, offsetting some of the benefit from investment income and casualty growth — a key near-term risk for earnings variability. RLI Q1 Earnings Miss Estimates, Investment Income Increases Y/Y
• Negative Sentiment: Technical/positioning pressure: shares are trading below the 50- and 200-day moving averages and near the 1-year low; higher-than-average volume and recent sector risk discussions increase downside sensitivity. Is It Time To Reassess RLI After Recent Insurance Sector Risk Concerns?

About RLI

RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.

Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.