At the time of writing, RLI Corp [RLI] stock is trading at $75.46, up 1.27%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RLI shares have gain 3.48% over the last week, with a monthly amount drifted -7.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
RLI Corp [NYSE: RLI] stock has seen the most recent analyst activity on January 27, 2025, when Jefferies downgraded its rating to a Underperform and also revised its price target to $61 from $95. On October 09, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $182 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $155 on September 07, 2023. Raymond James initiated its recommendation with a Mkt Perform. Compass Point upgraded its rating to Buy for this stock on February 22, 2022, but kept the price target unchanged to $117. In a note dated October 19, 2021, Keefe Bruyette upgraded an Outperform rating on this stock and boosted its target price from $109 to $120.
For the past year, the stock price of RLI Corp fluctuated between $66.03 and $89.12. Currently, Wall Street analysts expect the stock to reach $173.5 within the next 12 months. RLI Corp [NYSE: RLI] shares were valued at $75.46 at the most recent close of the market. An investor can expect a potential return of 129.92% based on the average RLI price forecast.
Analyzing the RLI fundamentals
According to RLI Corp [NYSE:RLI], the company’s sales were 1.77B for trailing twelve months, which represents an 1.37% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.20 points at the first support level, and at 72.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 76.34, and for the 2nd resistance point, it is at 77.22.
Ratios To Look Out For
It is important to note that RLI Corp [NYSE:RLI] has a current ratio of 0.17. Considering the valuation of this stock, the price to sales ratio is 3.90, the price to book ratio is 3.95 and price to earnings (TTM) ratio is 21.43.
Transactions by insiders
Recent insider trading involved Duclos David B., Director, that happened on Jan 29 ’25 when 2000.0 shares were purchased. Director, Angelina Michael E completed a deal on Jan 24 ’25 to buy 2200.0 shares. Meanwhile, CHIEF LEGAL OFFICER & CORP SEC FICK JEFFREY D bought 2000.0 shares on Jan 24 ’25.
