Is RLI Corp Stock a Good Investment?
RLI Corp Investment Advice | RLI |
- Examine RLI Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research RLI Corp's leadership team and their track record. Good management can help RLI Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact RLI Corp's business and its evolving consumer preferences.
- Compare RLI Corp's performance and market position to its competitors. Analyze how RLI Corp is positioned in terms of product offerings, innovation, and market share.
- Check if RLI Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about RLI Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in RLI Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if RLI Corp is a good investment.
Sell | Buy |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine RLI Corp Stock
Researching RLI Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are owned by institutional investors. The book value of RLI Corp was at this time reported as 38.17. The company recorded earning per share (EPS) of 9.09. RLI Corp last dividend was issued on the 29th of November 2024. The entity had 2:1 split on the 16th of January 2014.
To determine if RLI Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding RLI Corp's research are outlined below:
| RLI Corp has a poor financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are owned by institutional investors | |
| On 31st of October 2024 RLI Corp paid $ 0.29 per share dividend to its current shareholders | |
| Latest headline from zacks.com: RLI Rises 17.9 percent in 6 Months Can the Stock Retain the Bull Run |
RLI Corp Quarterly Accounts Payable |
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RLI Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in RLI Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to RLI Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact RLI Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises RLI Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-10-14 | 2004-09-30 | 0.12 | 0.1 | -0.02 | 16 | ||
1996-01-25 | 1995-12-31 | 0.15 | 0.17 | 0.02 | 13 | ||
2003-01-21 | 2002-12-31 | 0.24 | 0.27 | 0.03 | 12 | ||
2002-10-15 | 2002-09-30 | 0.22 | 0.25 | 0.03 | 13 | ||
2001-01-10 | 2000-12-31 | 0.19 | 0.16 | -0.03 | 15 | ||
1997-07-14 | 1997-06-30 | 0.15 | 0.18 | 0.03 | 20 | ||
2003-04-17 | 2003-03-31 | 0.24 | 0.28 | 0.04 | 16 | ||
2017-04-19 | 2017-03-31 | 0.49 | 0.44 | -0.05 | 10 |
Know RLI Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as RLI Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading RLI Corp backward and forwards among themselves. RLI Corp's institutional investor refers to the entity that pools money to purchase RLI Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 680 K | Maren Capital Llc | 2024-09-30 | 674.7 K | Amvescap Plc. | 2024-09-30 | 635.7 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 602 K | Van Berkom And Associates Inc | 2024-09-30 | 562.5 K | Alliancebernstein L.p. | 2024-09-30 | 472.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 462.6 K | Norges Bank | 2024-06-30 | 446.2 K | Northern Trust Corp | 2024-09-30 | 412.3 K | Vanguard Group Inc | 2024-09-30 | 4.6 M | State Street Corp | 2024-09-30 | 4.4 M |
RLI Corp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.66 B.Market Cap |
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RLI Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.03 | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | 0.06 | 0.03 | |
| Return On Equity | 0.22 | 0.11 |
Determining RLI Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if RLI Corp is a good buy. For example, gross profit margin measures RLI Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of RLI Corp's profitability and make more informed investment decisions.
Evaluate RLI Corp's management efficiency
RLI Corp has Return on Asset of 0.0597 % which means that on every $100 spent on assets, it made $0.0597 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2753 %, implying that it generated $0.2753 on every 100 dollars invested. RLI Corp's management efficiency ratios could be used to measure how well RLI Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.03. The RLI Corp's current Return On Capital Employed is estimated to increase to -0.0053. As of now, RLI Corp's Other Current Assets are increasing as compared to previous years. The RLI Corp's current Intangibles To Total Assets is estimated to increase to 0.02, while Other Assets are projected to decrease to under 938.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.00 | 32.55 | |
| Tangible Book Value Per Share | 29.83 | 31.32 | |
| Enterprise Value Over EBITDA | -1.1 K | -1.1 K | |
| Price Book Value Ratio | 4.29 | 4.51 | |
| Enterprise Value Multiple | -1.1 K | -1.1 K | |
| Price Fair Value | 4.29 | 4.51 | |
| Enterprise Value | 2.9 B | 3 B |
The decision-making processes within RLI Corp are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.007 | Forward Dividend Yield 0.007 | Forward Dividend Rate 1.16 | Beta 0.383 |
Basic technical analysis of RLI Stock
As of the 26th of December, RLI Corp holds the risk adjusted performance of 0.1012, and Semi Deviation of 1.28. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of RLI Corp, as well as the relationship between them.RLI Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific RLI Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on RLI Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases RLI Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
RLI Corp's Outstanding Corporate Bonds
RLI Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. RLI Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most RLI bonds can be classified according to their maturity, which is the date when RLI Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand RLI Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing RLI Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1012 | |||
| Market Risk Adjusted Performance | 0.1545 | |||
| Mean Deviation | 0.9462 | |||
| Semi Deviation | 1.28 | |||
| Downside Deviation | 1.41 | |||
| Coefficient Of Variation | 824.4 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.88 | |||
| Information Ratio | 0.0887 | |||
| Jensen Alpha | 0.1188 | |||
| Total Risk Alpha | 0.0968 | |||
| Sortino Ratio | 0.086 | |||
| Treynor Ratio | 0.1445 | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 1.76 | |||
| Downside Variance | 2.0 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.03) | |||
| Skewness | (0.37) | |||
| Kurtosis | 4.39 |
| Risk Adjusted Performance | 0.1012 | |||
| Market Risk Adjusted Performance | 0.1545 | |||
| Mean Deviation | 0.9462 | |||
| Semi Deviation | 1.28 | |||
| Downside Deviation | 1.41 | |||
| Coefficient Of Variation | 824.4 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.88 | |||
| Information Ratio | 0.0887 | |||
| Jensen Alpha | 0.1188 | |||
| Total Risk Alpha | 0.0968 | |||
| Sortino Ratio | 0.086 | |||
| Treynor Ratio | 0.1445 | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 1.76 | |||
| Downside Variance | 2.0 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.03) | |||
| Skewness | (0.37) | |||
| Kurtosis | 4.39 |
Consider RLI Corp's intraday indicators
RLI Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of RLI Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0146 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 166.17 | |||
| Day Typical Price | 166.47 | |||
| Market Facilitation Index | 2.44 | |||
| Price Action Indicator | 0.91 |
RLI Corp Corporate Filings
| 17th of December 2024 Other Reports | ViewVerify | |
F4 | 16th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 23rd of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
RLI Stock media impact
Far too much social signal, news, headlines, and media speculation about RLI Corp that are available to investors today. That information is available publicly through RLI media outlets and privately through word of mouth or via RLI internal channels. However, regardless of the origin, that massive amount of RLI data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of RLI Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of RLI Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to RLI Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive RLI Corp alpha.
RLI Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards RLI Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
RLI Corp Corporate Directors
| Michael Angelina | Independent Director | Profile | |
| Debbie Roberts | Independent Director | Profile | |
| Kaj Ahlmann | Independent Director | Profile | |
| Robert Restrepo | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLI Corp. If investors know RLI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLI Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.103 | Dividend Share 1.12 | Earnings Share 9.09 | Revenue Per Share 38.608 | Quarterly Revenue Growth 0.417 |
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between RLI Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.