RLI (NYSE:RLI – Get Free Report) released its quarterly earnings results on Monday. The insurance provider reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.32, FiscalAI reports. The business had revenue of $476.96 million for the quarter, compared to the consensus estimate of $533.51 million. RLI had a net margin of 20.34% and a return on equity of 17.98%. During the same period last year, the firm earned $0.83 earnings per share.
RLI Price Performance
Shares of NYSE RLI opened at $62.63 on Wednesday. The firm has a fifty day moving average price of $60.49 and a 200-day moving average price of $57.84. The stock has a market cap of $5.75 billion, a PE ratio of 17.69 and a beta of 0.36. RLI has a 1 year low of $47.26 and a 1 year high of $67.12.
RLI Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.1%. RLI’s dividend payout ratio is 15.13%.
Key Headlines Impacting RLI
Here are the key news stories impacting RLI this week:
- Positive Sentiment: Operating earnings beat expectations: RLI reported third-quarter operating earnings of $0.86 per share, above the roughly $0.54–$0.58 analyst consensus and up from $0.82 a year earlier. Net earnings were $81.0 million, or $0.88 per share. RLI Reports Third Quarter 2026 Results
- Positive Sentiment: Underwriting remained highly profitable: RLI generated $58.8 million in underwriting income and an 86.2% combined ratio. Net premiums earned rose 4.2%, gross premiums written increased 2% to $522.2 million, and net investment income climbed 13.1% to $46.7 million. RLI reports underwriting income for Q3 2026
- Positive Sentiment: Management sees future pricing support: RLI indicated personal umbrella rate increases could return to double-digit levels in 2027, potentially improving pricing and growth in that business. The company also repurchased approximately $6.3 million of stock during the quarter, with $231.7 million remaining under its authorization. RLI signals personal umbrella rate increases
- Neutral Sentiment: Reserve releases boosted results: Favorable prior-year reserve development contributed $20.1 million to underwriting income. While this supported the quarterly beat, investors may view it as less repeatable than earnings generated from current accident-year underwriting.
- Negative Sentiment: Market competition is intensifying: Excess property premiums declined 17% as competitors added capacity, while returning managing general agents and insurers are weighing on transportation renewals. Revenue of $477.0 million also fell 6.3% year over year and was below analyst expectations. RLI says returning MGAs and insurers weigh on transportation renewals
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of RLI in a research report on Wednesday. Wall Street Zen raised RLI from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Jefferies Financial Group cut RLI from a “hold” rating to an “underperform” rating and set a $53.00 target price on the stock. in a report on Tuesday, August 25th. UBS Group set a $74.00 target price on RLI in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company reiterated an “underweight” rating and set a $51.00 target price (down from $57.00) on shares of RLI in a research report on Monday, October 12th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, RLI presently has a consensus rating of “Reduce” and an average target price of $62.00.
Check Out Our Latest Analysis on RLI
About RLI
RLI Corp. (NYSE: RLI) is a specialty insurance company that underwrites property and casualty insurance products for commercial and personal customers. The company focuses on specialized risks that may not be adequately served by standard insurance carriers.
RLI’s offerings include commercial property and casualty coverage, professional liability insurance, surety bonds, transportation-related insurance, and personal lines such as homeowners and personal umbrella coverage. Its products are distributed through independent agents, brokers, and other insurance intermediaries.
Founded in 1965 and headquartered in Peoria, Illinois, RLI serves customers primarily throughout the United States.
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