Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $75.22 in the prior trading day, RLI Corp (NYSE: RLI) closed at $72.97, down -2.99%. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
Our goal is to gain a better understanding of RLI by taking a closer look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, RLI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.01, and their Forward P/E ratio for the next fiscal year is 22.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87 while its Price-to-Book (P/B) ratio in mrq is 4.17.
Stock Price History:
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 -4.45%, while the 200-Day Moving Average is calculated to be -5.26%.
Shares Statistics:
A total of 91.77M shares are outstanding, with a floating share count of 81.35M. Insiders hold about 11.35% of the company’s shares, while institutions hold 80.87% stake in the company.