$0.53 EPS Expected for RLI Corp. (RLI)

June 14, 2018 - By Eva Godbolt

RLI Corp. (NYSE:RLI) LogoInvestors sentiment decreased to 1.27 in 2018 Q1. Its down 0.30, from 1.57 in 2017Q4. It turned negative, 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, Balyasny Asset Mgmt Ltd Com has 0.01% invested in RLI Corp. (NYSE:RLI). Sei holds 0% or 20,345 shares in its portfolio. Polar Cap Llp, United Kingdom-based fund reported 306,900 shares. Geode Limited Liability reported 341,557 shares. Aperio Group Lc holds 20,340 shares or 0.01% of its portfolio. Us Bancshares De owns 383 shares. Thomson Horstmann & Bryant Inc holds 0.07% or 8,817 shares in its portfolio. Ftb Advisors holds 0% or 298 shares. Fdx Advisors Inc has 9,867 shares. Prudential Fincl has invested 0.01% of its portfolio in RLI Corp. (NYSE:RLI). Barclays Pcl owns 14,705 shares. Whittier invested in 34,008 shares. Advisory Svcs Ltd has 0% invested in RLI Corp. (NYSE:RLI). California Pub Employees Retirement Systems owns 112,961 shares or 0.01% of their US portfolio. Bragg Inc invested 0.57% in RLI Corp. (NYSE:RLI).

Since January 4, 2018, it had 1 buy, and 7 selling transactions for $1.59 million activity. On Monday, April 23 AHLMANN KAJ sold $99,617 worth of RLI Corp. (NYSE:RLI) or 1,570 shares. The insider Diefenthaler Aaron Paul sold $58,291. Another trade for 675 shares valued at $43,490 was bought by RESTREPO ROBERT P JR.

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 $23.48 million giving it 32.54 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 1.34% or $0.91 during the last trading session, reaching $68.99. About 107,280 shares traded. RLI Corp. (NYSE:RLI) has risen 21.88% since June 15, 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 $3.06 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 29.23 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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