RLI Corp. (NYSE:RLI – Free Report) – Investment analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of RLI in a research note issued to investors on Monday, March 24th. Zacks Research analyst T. De now anticipates that the insurance provider will earn $0.75 per share for the quarter, down from their previous estimate of $0.76. The consensus estimate for RLI’s current full-year earnings is $3.08 per share.
RLI (NYSE:RLI – Get Free Report) last posted its earnings results on Wednesday, January 22nd. The insurance provider reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.64). RLI had a net margin of 19.53% and a return on equity of 16.63%.
Check Out Our Latest Stock Analysis on RLI
RLI Stock Up 0.3 %
Shares of NYSE:RLI opened at $78.25 on Thursday. The company has a market capitalization of $7.18 billion, a price-to-earnings ratio of 20.89 and a beta of 0.39. The company has a 50 day moving average of $75.56 and a two-hundred day moving average of $79.36. RLI has a 52-week low of $67.53 and a 52-week high of $91.15. The company has a quick ratio of 0.38, a current ratio of 0.34 and a debt-to-equity ratio of 0.07.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RLI. Golden State Wealth Management LLC bought a new stake in RLI in the fourth quarter valued at $31,000. Versant Capital Management Inc increased its holdings in shares of RLI by 53.8% in the 4th quarter. Versant Capital Management Inc now owns 203 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 71 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in RLI by 76.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 230 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 100 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in RLI during the 4th quarter valued at about $56,000. Finally, EverSource Wealth Advisors LLC grew its position in RLI by 47.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 497 shares of the insurance provider’s stock worth $82,000 after purchasing an additional 159 shares during the last quarter. Institutional investors and hedge funds own 77.89% of the company’s stock.
Insiders Place Their Bets
In other RLI news, Director Michael E. Angelina acquired 2,200 shares of the stock in a transaction that occurred on Friday, January 24th. The stock was acquired at an average price of $72.62 per share, with a total value of $159,764.00. Following the transaction, the director now directly owns 23,514 shares in the company, valued at approximately $1,707,586.68. This represents a 10.32 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Craig W. Kliethermes acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were acquired at an average price of $71.35 per share, for a total transaction of $356,750.00. Following the purchase, the chief executive officer now owns 139,190 shares of the company’s stock, valued at $9,931,206.50. This trade represents a 3.73 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 11,200 shares of company stock valued at $805,774. Company insiders own 5.09% of the company’s stock.
RLI Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a dividend of $0.15 per share. This is a positive change from RLI’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.77%. RLI’s payout ratio is presently 16.00%.
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.
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