Currently, there are 183.48M common shares owned by the public and among those 81.19M shares have been available to trade.
The company’s stock has a 5-day price change of -2.30% and -12.15% over the past three months. RLI shares are trading -8.83% year to date (YTD), with the 12-month market performance up to 9.87% higher. It has a 12-month low price of $66.03 and touched a high of $89.12 over the same period. RLI has an average intraday trading volume of 457.96K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.07%, -5.18%, and -0.43% respectively.
Institutional ownership of RLI Corp (NYSE: RLI) shares accounts for 81.14% of the company’s 183.48M shares outstanding.
It has a market capitalization of $6.89B and a beta (3y monthly) value of 0.40. The stock’s trailing 12-month PE ratio is 21.34, while the earnings-per-share (ttm) stands at $3.52. The company has a PEG of 6.77 and the debt-to-equity ratio at 0.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.55% over the week and 2.40% over the month.
Earnings per share for the fiscal year are expected to increase by 7.11%, and 5.15% over the next financial year. EPS should grow at an annualized rate of 3.15% over the next five years, compared to -2.45% over the past 5-year period.
Looking at the support for the RLI, a number of firms have released research notes about the stock. Jefferies stated their Underperform rating for the stock in a research note on January 27, 2025, with the firm’s price target at $95-$61. Wolfe Research was of a view on October 09, 2024 that the stock is Outperform, while Jefferies gave the stock Buy rating on September 07, 2023, issuing a price target of $155. Raymond James on their part issued Mkt Perform rating on June 07, 2022.
