In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
RLI Corp (NYSE: RLI) closed the day trading at $72.92 up 0.33% from the previous closing price of $72.68. In other words, the price has increased by $0.33 from its previous closing price. On the day, 0.6 million shares were traded. RLI stock price reached its highest trading level at $75.3 during the session, while it also had its lowest trading level at $72.81.
Ratios:
For a better understanding of RLI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 27, 2025, Downgraded its rating to Underperform and sets its target price to $61 from $95 previously.
On October 09, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $182.Wolfe Research initiated its Outperform rating on October 09, 2024, with a $182 target price.
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 Jan 24 ’25 when Angelina Michael E bought 2,200 shares for $72.62 per share. The transaction valued at 159,764 led to the insider holds 23,514 shares of the business.
FICK JEFFREY D bought 2,000 shares of RLI for $144,260 on Jan 24 ’25. The CHIEF LEGAL OFFICER & CORP SEC now owns 142,061 shares after completing the transaction at $72.13 per share. On Jan 24 ’25, another insider, Kliethermes Craig W, who serves as the CHIEF EXECUTIVE OFFICER of the company, bought 5,000 shares for $71.35 each. As a result, the insider paid 356,750 and bolstered with 139,190 shares of the company.
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 6689534976 and an Enterprise Value of 3429735936. As of this moment, RLI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.71, and their Forward P/E ratio for the next fiscal year is 22.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 1.943 whereas that against EBITDA is 6.488.
Stock Price History:
The Beta on a monthly basis for RLI is 0.47, which has changed by 0.069443464 over the last 52 weeks, in comparison to a change of 0.25219524 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 $65.55. The 50-Day Moving Average of the stock is -11.33%, while the 200-Day Moving Average is calculated to be -2.83%.
Shares Statistics:
Over the past 3-months, RLI traded about 407.71K shares per day on average, while over the past 10 days, RLI traded about 693120 shares per day. A total of 183.48M shares are outstanding, with a floating share count of 80.92M. Insiders hold about 11.70% of the company’s shares, while institutions hold 80.87% stake in the company. Shares short for RLI as of 1735603200 were 953336 with a Short Ratio of 2.51, compared to 1732838400 on 985470. Therefore, it implies a Short% of Shares Outstanding of 953336 and a Short% of Float of 1.21.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.88. The current Payout Ratio is 30.48% for RLI, which recently paid a dividend on 2024-11-29 with an ex-dividend date of 1732838400. Stock splits for the company last occurred on 2025-01-16 when the company split stock in a 2:1 ratio.
