RLI Corp. (RLI) EPS Estimated At $0.53

June 13, 2018 - By Nicole Peterson

RLI Corp. (NYSE:RLI) LogoInvestors sentiment decreased to 1.27 in 2018 Q1. Its down 0.30, from 1.57 in 2017Q4. It dived, 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.
State Street reported 5.85 million shares. Bbva Compass Fincl Bank holds 0.07% or 16,863 shares in its portfolio. State Of Alaska Department Of Revenue has 12,570 shares. Comerica Bancorporation invested in 41,402 shares. Shelton Capital has 0.02% invested in RLI Corp. (NYSE:RLI) for 3,694 shares. Natixis Advsrs L P holds 80,013 shares. Victory Management reported 427,972 shares stake. Smithfield Trust Com owns 45 shares or 0% of their US portfolio. Eulav Asset holds 0.46% in RLI Corp. (NYSE:RLI) or 151,700 shares. 46,177 were reported by Raymond James And Assoc. Teacher Retirement Sys Of Texas holds 0% of its portfolio in RLI Corp. (NYSE:RLI) for 8,171 shares. Benedict Financial invested in 19,161 shares. Markel reported 1.44% stake. 8,958 were reported by Brown Brothers Harriman And Co. Deutsche Natl Bank Ag owns 112,804 shares.

Since January 4, 2018, it had 1 insider purchase, and 7 insider sales for $1.59 million activity. STONE MICHAEL J also sold $958,641 worth of RLI Corp. (NYSE:RLI) shares. Another trade for 1,005 shares valued at $64,109 was sold by AHLMANN KAJ. Diefenthaler Aaron Paul also sold $58,291 worth of RLI Corp. (NYSE:RLI) shares.

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 $23.47M giving it 32.11 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 0.22% or $0.15 during the last trading session, reaching $68.08. About 126,260 shares traded. RLI Corp. (NYSE:RLI) has risen 21.88% since June 14, 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 stock of RLI Corp. (NYSE:RLI) earned “Sell” rating by RBC Capital Markets on Thursday, April 19.

RLI Corp., through its subsidiaries, underwrites property and casualty insurance in the United States. The company has market cap of $3.02 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 28.85 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.

Another recent and important RLI Corp. (NYSE:RLI) news was published by Businesswire.com which published an article titled: “RLI Names Seth A. Davis as Vice President, Corporate Services; Patrick D. Ferrell Promoted to Vice President, Internal …” on June 13, 2018.

RLI Corp. (NYSE:RLI) Ratings Chart

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