RLI Corp. (RLI) Analysts See $0.53 EPS

June 20, 2018 - By Marie Mckinney

RLI Corp. (NYSE:RLI) LogoInvestors sentiment decreased to 1.27 in Q1 2018. Its down 0.30, from 1.57 in 2017Q4. It worsened, as 11 investors sold RLI Corp. shares while 53 reduced holdings. 21 funds opened positions while 60 raised stakes. 37.07 million shares or 0.96% less from 37.42 million shares in 2017Q4 were reported.
Moreover, Manufacturers Life Insurance Company The has 0% invested in RLI Corp. (NYSE:RLI). State Common Retirement Fund reported 0% of its portfolio in RLI Corp. (NYSE:RLI). Moreover, Piedmont Invest Advsr Limited Liability has 0.01% invested in RLI Corp. (NYSE:RLI) for 8,321 shares. Strs Ohio invested 0% in RLI Corp. (NYSE:RLI). Nelson Van Denburg And Campbell Wealth Mngmt Gp Ltd Liability Corporation accumulated 0.08% or 5,750 shares. Shelton Cap Mngmt reported 0.02% of its portfolio in RLI Corp. (NYSE:RLI). Voya Invest Mngmt Llc invested 0% of its portfolio in RLI Corp. (NYSE:RLI). Regions Fin invested 0.01% of its portfolio in RLI Corp. (NYSE:RLI). Balyasny Asset Management Ltd Liability has 21,211 shares. Public Employees Retirement Association Of Colorado invested in 7,086 shares. Envestnet Asset Incorporated holds 0% or 10,774 shares in its portfolio. Citadel Ltd stated it has 0% in RLI Corp. (NYSE:RLI). Riverhead Capital Ltd Liability Com owns 3,784 shares or 0.01% of their US portfolio. Wells Fargo & Mn owns 397,966 shares. Plante Moran Fincl Limited Com has 60 shares for 0% of their portfolio.

Since January 4, 2018, it had 1 insider purchase, and 7 insider sales for $1.59 million activity. AHLMANN KAJ sold 1,005 shares worth $64,109. Shares for $62,318 were sold by STONE MICHAEL J on Monday, April 2. RESTREPO ROBERT P JR bought $43,490 worth of stock.

Analysts expect RLI Corp. (NYSE:RLI) to report $0.53 EPS on July, 18.They anticipate $0.08 EPS change or 13.11 % from last quarter’s $0.61 EPS. RLI’s profit would be $23.47 million giving it 32.53 P/E if the $0.53 EPS is correct. After having $0.60 EPS previously, RLI Corp.’s analysts see -11.67 % EPS growth. The stock increased 0.44% or $0.3 during the last trading session, reaching $68.96. About 201,590 shares traded or 40.73% up from the average. RLI Corp. (NYSE:RLI) has risen 21.88% since June 20, 2017 and is uptrending. It has outperformed by 9.31% the S&P500.

RLI Corp. (NYSE:RLI) Ratings Coverage

Among 2 analysts covering RLI Corp (NYSE:RLI), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. RLI Corp had 2 analyst reports since January 25, 2018 according to SRatingsIntel. The firm has “Sell” rating by RBC Capital Markets given on Thursday, April 19.

RLI Corp., through its subsidiaries, underwrites property and casualty insurance in the United States. The company has market cap of $3.05 billion. The Company’s Casualty segment provides commercial and personal umbrella coverage products; and general liability products, such as coverage for third party liability of commercial insureds, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile. It has a 29.22 P/E ratio. This segment also offers coverages in the area of onshore energy related businesses, as well as environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and commercial automobile liability and physical damage insurance products, and other types of commercial automobile risks, as well as related insurance coverages, such as general liability, excess liability, and motor truck cargo.

More news for RLI Corp. (NYSE:RLI) were recently published by: Businesswire.com, which released: “RLI Names Seth A. Davis as Vice President, Corporate Services; Patrick D. Ferrell Promoted to Vice President, Internal …” on June 13, 2018. Globenewswire.com‘s article titled: “Report: Exploring Fundamental Drivers Behind Encore Capital Group, NN, Texas Roadhouse, RLI, Monarch Casino …” and published on June 19, 2018 is yet another important article.

RLI Corp. (NYSE:RLI) Ratings Chart

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