William Blair Equities Analysts Increase Earnings Estimates for RLI Corp. (NYSE:RLI)

RLI Corp. (NYSE:RLI) – Analysts at William Blair boosted their Q1 2025 earnings per share estimates for shares of RLI in a research report issued to clients and investors on Tuesday, April 23rd. William Blair analyst A. Klauber now forecasts that the insurance provider will post earnings per share of $2.12 for the quarter, up from their previous estimate of $2.00. The consensus estimate for RLI’s current full-year earnings is $5.64 per share. William Blair also issued estimates for RLI’s Q2 2025 earnings at $1.67 EPS, Q3 2025 earnings at $1.18 EPS and Q4 2025 earnings at $1.32 EPS.

RLI (NYSE:RLI) last released its quarterly earnings data on Monday, April 22nd. The insurance provider reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.26. RLI had a return on equity of 17.24% and a net margin of 20.96%. The business had revenue of $444.80 million for the quarter, compared to analysts’ expectations of $460.05 million. During the same quarter in the previous year, the business posted $1.63 EPS. RLI’s revenue for the quarter was up 21.9% on a year-over-year basis.

Several other equities research analysts have also recently commented on the company. Royal Bank of Canada boosted their target price on RLI from $148.00 to $155.00 and gave the company a “sector perform” rating in a research note on Wednesday. Keefe, Bruyette & Woods lifted their price target on shares of RLI from $160.00 to $168.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. JMP Securities restated a “market perform” rating on shares of RLI in a research note on Tuesday. Finally, Compass Point raised their price objective on RLI from $158.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $163.25.

RLI Trading Down 1.7 %

Shares of NYSE:RLI opened at $144.15 on Thursday. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 19.91 and a beta of 0.37. RLI has a 12 month low of $123.04 and a 12 month high of $149.20. The company’s fifty day simple moving average is $144.77 and its 200 day simple moving average is $139.01. The company has a quick ratio of 0.38, a current ratio of 0.39 and a debt-to-equity ratio of 0.07.

RLI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Thursday, February 29th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Wednesday, February 28th. RLI’s dividend payout ratio is currently 14.92%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of RLI. JPMorgan Chase & Co. lifted its stake in RLI by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,082,470 shares of the insurance provider’s stock valued at $147,097,000 after purchasing an additional 11,965 shares during the last quarter. Van Berkom & Associates Inc. lifted its position in shares of RLI by 18.1% in the third quarter. Van Berkom & Associates Inc. now owns 526,679 shares of the insurance provider’s stock valued at $71,570,000 after buying an additional 80,552 shares during the last quarter. Maren Capital LLC acquired a new stake in shares of RLI in the fourth quarter valued at approximately $67,149,000. Charles Schwab Investment Management Inc. boosted its stake in shares of RLI by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 411,787 shares of the insurance provider’s stock worth $54,817,000 after acquiring an additional 11,255 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of RLI by 0.9% during the 3rd quarter. Northern Trust Corp now owns 395,547 shares of the insurance provider’s stock worth $53,751,000 after acquiring an additional 3,562 shares during the last quarter. 77.89% of the stock is currently owned by institutional investors and hedge funds.

About RLI

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.