RLI (NYSE:RLI) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS

RLI (NYSE:RLI) released its quarterly earnings results on Wednesday. The insurance provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.11, FiscalAI reports. The company had revenue of $575.57 million for the quarter, compared to analysts’ expectations of $568.70 million. RLI had a return on equity of 17.72% and a net margin of 20.81%.The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 earnings per share.

RLI Price Performance

Shares of RLI stock opened at $59.25 on Thursday. The stock has a market cap of $5.45 billion, a P/E ratio of 13.84 and a beta of 0.38. The stock has a fifty day moving average price of $55.51 and a 200 day moving average price of $57.38. RLI has a one year low of $47.26 and a one year high of $70.07.

RLI Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, May 29th. This is a boost from RLI’s previous quarterly dividend of $0.16. RLI’s payout ratio is 16.82%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on RLI shares. Wells Fargo & Company boosted their price target on shares of RLI from $55.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Keefe, Bruyette & Woods boosted their price target on shares of RLI from $67.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th. Weiss Ratings downgraded RLI from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 22nd. Zacks Research raised RLI from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, Wall Street Zen downgraded RLI from a “hold” rating to a “sell” rating in a report on Monday. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, RLI presently has an average rating of “Hold” and an average target price of $60.50.

Insider Buying and Selling

In related news, COO Jennifer L. Klobnak bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was acquired at an average price of $52.72 per share, for a total transaction of $105,440.00. Following the transaction, the chief operating officer directly owned 104,318 shares of the company’s stock, valued at $5,499,644.96. This represents a 1.95% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David B. Duclos purchased 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average cost of $51.99 per share, for a total transaction of $129,975.00. Following the purchase, the director owned 9,780 shares in the company, valued at $508,462.20. This represents a 34.34% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 16,500 shares of company stock valued at $858,955 over the last ninety days. Company insiders own 2.39% of the company’s stock.

Hedge Funds Weigh In On RLI

Several institutional investors have recently added to or reduced their stakes in RLI. Public Employees Retirement System of Ohio boosted its holdings in RLI by 0.3% in the third quarter. Public Employees Retirement System of Ohio now owns 75,502 shares of the insurance provider’s stock valued at $4,924,000 after acquiring an additional 207 shares during the last quarter. Commerce Bank lifted its position in shares of RLI by 2.9% in the 4th quarter. Commerce Bank now owns 8,079 shares of the insurance provider’s stock worth $517,000 after purchasing an additional 224 shares during the period. SkyView Investment Advisors LLC lifted its position in shares of RLI by 2.9% in the 2nd quarter. SkyView Investment Advisors LLC now owns 8,281 shares of the insurance provider’s stock worth $591,000 after purchasing an additional 237 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of RLI by 156.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 464 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 283 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of RLI by 0.8% in the 2nd quarter. Treasurer of the State of North Carolina now owns 38,211 shares of the insurance provider’s stock valued at $2,760,000 after purchasing an additional 305 shares during the last quarter. 77.89% of the stock is owned by institutional investors.

More RLI News

Here are the key news stories impacting RLI this week:

• Positive Sentiment: RLI beat consensus EPS estimates, reporting $0.83 per share versus expectations around $0.71-$0.73, which suggests stronger-than-expected profitability. RLI Reports Second Quarter 2026 Results
• Positive Sentiment: Revenue also topped estimates in the latest quarter, with results showing solid top-line performance and year-over-year revenue growth of 15.2%. RLI Corp. (RLI) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company reported strong profitability metrics, including a 17.72% return on equity and a 20.81% net margin, which may reinforce confidence in its operating discipline. RLI Press Release
• Neutral Sentiment: While earnings beat estimates, one data point showed revenue at $463.1 million versus a different estimate set in another feed, highlighting some inconsistency in reported expectations rather than a clear fundamental issue. RLI ($RLI) Releases Q2 2026 Earnings

RLI Company Profile

RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.

Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.