RLI Corp. which can be found using ticker (RLI) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $185.00 and $165.00 and has a mean share price target at $178.40. (at the time of writing). Now with the previous closing price of $176.43 and the analysts are correct then there would likely be a percentage uptick in value of 1.1%. It’s also worth noting that there is a 50 day moving average of $158.28 and the 200 day moving average is $147.86. The company has a market cap of 8.02B. Currently the stock stands at: $175.07 USD
The potential market cap would be $8,111,542,964 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 19.26, revenue per share of $38.61 and a 5.97% return on assets.
RLI Corp. is a specialty insurance company that underwrites select property, casualty and surety products through subsidiaries, as well as insurance coverage in the specialty admitted and excess and surplus markets. The Company’s segment includes Casualty, Property and Surety. The Casualty segment consists of commercial excess and personal umbrella, general liability, commercial transportation, professional services, small commercial, executive products and other casualty. The Property segment consists of commercial property, marine and other property. The Surety segment consists of commercial, miscellaneous and contract. Its small commercial business offers property and casualty insurance coverage for small to mid-sized contractors, focused on the construction industry. It conducts operations principally through three insurance companies, including RLI Insurance Company (RLI Ins.), Mt. Hawley Insurance Company (Mt. Hawley) and Contractors Bonding and Insurance Company (CBIC).
