RLI Corp. (RLI)
| Market Cap | 6.72B |
| Revenue (ttm) | 1.59B |
| Net Income (ttm) | 333.70M |
| Shares Out | 45.71M |
| EPS (ttm) | 7.24 |
| PE Ratio | 20.30 |
| Forward PE | 25.76 |
| Dividend | $1.16 (0.79%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 125,813 |
| Open | 146.72 |
| Previous Close | 147.07 |
| Day's Range | 146.16 - 147.58 |
| 52-Week Range | 123.05 - 149.20 |
| Beta | 0.33 |
| Analysts | Buy |
| Price Target | 160.20 (+9.01%) |
| Earnings Date | Apr 22, 2024 |
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. It also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and o... [Read more]
Financial Performance
In 2023, RLI Corp.'s revenue was $1.51 billion, a decrease of -10.95% compared to the previous year's $1.70 billion. Earnings were $304.61 million, a decrease of -47.79%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for RLI stock is "Buy." The 12-month stock price forecast is $160.2, which is an increase of 9.01% from the latest price.
News
RLI Increases Regular Dividend for 49th Consecutive Year
PEORIA, Ill.--(BUSINESS WIRE)-- #casualtyinsurance--RLI Corp. declares a second quarter regular cash dividend of $0.29 per share, a $0.02 increase over the prior quarter.
RLI Reports First Quarter 2024 Results
PEORIA, Ill.--(BUSINESS WIRE)-- #bookvalue--RLI Corp. reports Q1 net earnings of $127.9 million ($2.77 per share) and Q1 operating earnings of $87.4 million ($1.89 per share).
RLI First Quarter Earnings Release & Teleconference
PEORIA, Ill.--(BUSINESS WIRE)-- #casualtyinsurance--RLI Corp. to release first quarter earnings on April 22, 2024.
RLI Reports Fourth Quarter and Year-End 2023 Results
PEORIA, Ill.--(BUSINESS WIRE)--RLI Reports Fourth Quarter and Year-End 2023 Results.
RLI Fourth Quarter Earnings Release & Teleconference
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. will release its fourth quarter 2023 earnings after market close on Wednesday, January 24, 2024.
RLI Reports Third Quarter 2023 Results
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. reports third quarter 2023 earnings results.
RLI Third Quarter Earnings Release & Teleconference
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its third quarter 2023 earnings after market close on Monday, October 23, 2023. The company will h...
RLI Reports Second Quarter 2023 Results
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. reported second quarter 2023 net earnings of $77.7 million ($1.69 per share) and operating earnings of $53.3 million. ($1.16 per share).
RLI Second Quarter Earnings Release & Teleconference
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. announced today that it will release its second quarter 2023 earnings after market close on Monday, July 24, 2023.
RLI Reports First Quarter 2023 Results
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. reported first quarter 2023 net earnings of $98.8 million ($2.15 per share) and operating earnings of $75.0 million ($1.63 per share).
RLI Reports Fourth Quarter and Year-End 2022 Results
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2022 net earnings of $97.8 million ($2.13 per share), compared to $95.3 million ($2.08 per share) for the fou...
RLI Fourth Quarter earnings release & teleconference
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) announced today that it will release its fourth quarter 2022 earnings after market close on Wednesday, January 25, 2023.
RLI Announces Product Leadership Retirement and Promotions
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) -- RLI Corp. announced today the retirement and promotion of several product leaders.
Exelon President and CEO Calvin Butler Leads Nation's Largest Transmission and Distribution Company During Transformative Era for Energy Industry
CHICAGO--(BUSINESS WIRE)--Calvin Butler has begun in his role as president and chief executive officer of Exelon (Nasdaq: EXC) and has joined Exelon's Board of Directors after previously serving as ...
These 4 Insurance Stocks Keep Hitting New Highs
While you were watching Tesla keep sliding to lower and lower yearly lows, you may have missed it that some big insurance companies kept going higher.
RLI: Steady Growth and Capital Gains Point to Lasting Value
For much of the past year, the stock market theme has been deep undervalation brought on by the market-wide slump. For patient investors in RLI Corp. ( RLI , Financial), though, capital gains have con...
RLI Declares Regular & Special Dividends
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a special cash dividend of $7.00 per share of common stock, which is expected to ...
RLI Announces Completion of Sale of Minority Ownership Interest in Maui Jim, Inc.
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. announced today that it has completed the previously announced sale of its minority interest in Maui Jim, Inc.
RLI Surety Partners With Notary Hub by Everything Legal to Provide Remote Online Notary Solutions
PEORIA, Ill.--(BUSINESS WIRE)-- #RLI--RLI Surety, a division of RLI Insurance Company, announced today an exclusive partnership with Notary Hub™ by Everything Legal.
RLI Declares Regular Dividend
PEORIA, Ill.--(BUSINESS WIRE)--RLI announced today its Board of Directors has declared a third quarter regular cash dividend of $0.26 per share, unchanged from the prior quarter.
RLI Reports Second Quarter 2022 Results
PEORIA, Ill.--(BUSINESS WIRE)--RLI reports second quarter 2022 results.