RLI stock icon

RLI Corp
RLI

$143.15
0.44%

Market Cap: 6.54B

 

About: RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include Casualty, Property, and Surety and it derives a majority of its revenue from the Casualty segment.

Employees: 1,099

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

332% more call options, than puts

Call options by funds: $5.32M | Put options by funds: $1.23M

37% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 38

9% more capital invested

Capital invested by funds: $4.88B [Q4 2023] → $5.32B (+$440M) [Q1 2024]

4% more funds holding

Funds holding: 354 [Q4 2023] → 368 (+14) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

9% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 129

1.79% less ownership

Funds ownership: 80.22% [Q4 2023] → 78.43% (-1.79%) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$148
3%
upside
Avg. target
$163
14%
upside
High target
$175
22%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
Keefe, Bruyette & Woods
Meyer Shields
17%upside
$168
Outperform
Maintained
21 Jun 2024
Jefferies
Andrew Andersen
15%upside
$165
Buy
Maintained
14 Jun 2024
Compass Point
Casey Alexander
22%upside
$175
Buy
Maintained
24 Apr 2024
RBC Capital
Mark Dwelle
8%upside
$155
Sector Perform
Maintained
24 Apr 2024
Keefe, Bruyette & Woods
Meyer Shields
17%upside
$168
Outperform
Maintained
10 Apr 2024

Financial journalist opinion

Based on 4 articles about RLI published over the past 30 days