RLI Corp. (RLI)
NYSE: RLI · IEX Real-Time Price · USD
148.77
+1.31 (0.89%)
May 17, 2024, 4:00 PM EDT - Market closed
RLI Corp. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for RLI Corp. stock have an average target of 160.2, with a low estimate of 148 and a high estimate of 175. The average target predicts an increase of 7.68% from the current stock price of 148.77.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RLI Corp. stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Strong Buy Maintains $158 → $175 | Strong Buy | Maintains | $158 → $175 | +17.63% | Apr 24, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $148 → $155 | Hold | Maintains | $148 → $155 | +4.19% | Apr 24, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 23, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $160 → $168 | Buy | Maintains | $160 → $168 | +12.93% | Apr 10, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $148 | Hold | Reiterates | $148 | -0.52% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
1.59B
from 1.51B
Increased by 4.89%
Revenue Next Year
1.69B
from 1.59B
Increased by 6.68%
EPS This Year
5.51
from 6.61
Decreased by -16.69%
EPS Next Year
5.80
from 5.51
Increased by 5.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.9B | 1.9B |
| Avg | 1.6B | 1.7B | 1.8B |
| Low | 1.5B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.2% | 18.2% | 10.8% |
| Avg | 4.9% | 6.7% | 6.6% |
| Low | 0.2% | -0.8% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.25 | 6.62 | 6.57 |
| Avg | 5.51 | 5.80 | 6.32 |
| Low | 5.05 | 5.29 | 6.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.5% | 20.1% | 13.3% |
| Avg | -16.7% | 5.3% | 9.0% |
| Low | -23.6% | -3.9% | 5.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.