Market Update: RLI Corp (RLI) Sees Negative Movement, Closing at 70.43

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, RLI Corp (NYSE: RLI) closed at $70.43 down -1.62% from its previous closing price of $71.59. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.54 million shares were traded. RLI stock price reached its highest trading level at $71.43 during the session, while it also had its lowest trading level at $69.16.

Ratios:

For a deeper understanding of RLI Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.01.

On January 27, 2025, Jefferies Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $95 to $61.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when RESTREPO ROBERT P JR sold 2,864 shares for $74.89 per share. The transaction valued at 214,485 led to the insider holds 23,312 shares of the business.

Graham Jordan W sold 1,500 shares of RLI for $112,155 on Mar 11 ’25. The Director now owns 12,854 shares after completing the transaction at $74.77 per share. On Mar 13 ’25, another insider, RESTREPO ROBERT P JR, who serves as the Director of the company, bought 2,864 shares for $73.45 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RLI now has a Market Capitalization of 6463572480 and an Enterprise Value of 6598822400. As of this moment, RLI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.17, and their Forward P/E ratio for the next fiscal year is 22.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.73 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 3.807 whereas that against EBITDA is 17.996.

Stock Price History:

The Beta on a monthly basis for RLI is 0.66, which has changed by 0.020502806 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, RLI has reached a high of $89.12, while it has fallen to a 52-week low of $66.98. The 50-Day Moving Average of the stock is -5.11%, while the 200-Day Moving Average is calculated to be -9.07%.

Shares Statistics:

For the past three months, RLI has traded an average of 441.26K shares per day and 614630 over the past ten days. A total of 91.77M shares are outstanding, with a floating share count of 81.26M. Insiders hold about 11.45% of the company’s shares, while institutions hold 81.61% stake in the company. Shares short for RLI as of 1749772800 were 1637604 with a Short Ratio of 3.71, compared to 1747267200 on 1516013. Therefore, it implies a Short% of Shares Outstanding of 1637604 and a Short% of Float of 2.02.

Dividends & Splits

According to the company, the forward annual dividend rate for RLI is 0.60, from 0.58 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008101691The stock’s 5-year Average Dividend Yield is 0.84. The current Payout Ratio is 15.24% for RLI, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1748563200. Stock splits for the company last occurred on 2025-01-16 when the company split stock in a 2:1 ratio.

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