RLI Corp. (RLI) EPS Estimated At $0.59

September 17, 2017 - By Linda Rogers

 RLI Corp. (RLI) EPS Estimated At $0.59
Investors sentiment increased to 1.23 in 2016 Q4. Its up 0.15, from 1.08 in 2016Q3. It improved, as 20 investors sold RLI Corp. shares while 55 reduced holdings. 30 funds opened positions while 62 raised stakes. 35.58 million shares or 3.15% more from 34.49 million shares in 2016Q3 were reported.
Moreover, Pinebridge Invs L P has 0.01% invested in RLI Corp. (NYSE:RLI). Voya Investment Mgmt Ltd Liability has 0% invested in RLI Corp. (NYSE:RLI). Thomson Horstmann & Bryant Incorporated owns 10,670 shares or 0.08% of their US portfolio. Texas-based Next Financial Gp Inc has invested 0% in RLI Corp. (NYSE:RLI). California Public Employees Retirement Systems owns 0.01% invested in RLI Corp. (NYSE:RLI) for 112,900 shares. Kayne Anderson Rudnick Investment Ltd Liability holds 1.15% or 1.53M shares. Tower Rech Ltd Com (Trc) stated it has 0% of its portfolio in RLI Corp. (NYSE:RLI). Hsbc Hldgs Public Ltd holds 8,323 shares. Prudential Finance has 0.01% invested in RLI Corp. (NYSE:RLI). Schwab Charles Inv Mgmt has invested 0.01% in RLI Corp. (NYSE:RLI). Busey Communications reported 3,500 shares stake. The Illinois-based Citadel Ltd Liability Corporation has invested 0% in RLI Corp. (NYSE:RLI). Ftb Advisors Inc, Tennessee-based fund reported 272 shares. Rhumbline Advisers holds 0.01% or 65,540 shares. Ameriprise Financial holds 0.01% or 193,566 shares in its portfolio.

Since April 4, 2017, it had 1 insider purchase, and 2 insider sales for $236,776 activity. STONE MICHAEL J sold 941 shares worth $55,420. RESTREPO ROBERT P JR also bought $94,872 worth of RLI Corp. (NYSE:RLI) on Monday, May 8.

Analysts expect RLI Corp. (NYSE:RLI) to report $0.59 EPS on October, 18.They anticipate $0.22 EPS change or 59.46 % from last quarter’s $0.37 EPS. RLI’s profit would be $26.00 million giving it 22.79 P/E if the $0.59 EPS is correct. After having $0.61 EPS previously, RLI Corp.’s analysts see -3.28 % EPS growth. The stock increased 0.82% or $0.44 on September 15, reaching $53.79. About 321,428 shares traded or 138.03% up from the average. RLI Corp. (NYSE:RLI) has declined 13.83% since September 17, 2016 and is downtrending. It has underperformed by 30.53% the S&P500.

RLI Corp. (NYSE:RLI) Ratings Coverage

Among 6 analysts covering RLI Corporation (NYSE:RLI), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. RLI Corporation had 18 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by RBC Capital Markets to “Underperform” on Friday, December 9. RBC Capital Markets maintained RLI Corp. (NYSE:RLI) on Tuesday, September 5 with “Sell” rating. Keefe Bruyette & Woods upgraded the stock to “Market Perform” rating in Thursday, January 7 report. The rating was maintained by RBC Capital Markets on Monday, July 31 with “Sell”. On Tuesday, May 23 the stock rating was maintained by RBC Capital Markets with “Sell”. The company was maintained on Monday, August 3 by FBR Capital. The rating was maintained by Keefe Bruyette & Woods on Thursday, August 17 with “Hold”. The firm has “Neutral” rating given on Wednesday, January 27 by Compass Point. FBR Capital maintained the stock with “Hold” rating in Thursday, July 20 report. The rating was maintained by FBR Capital on Friday, April 21 with “Hold”.

RLI Corp. is a specialty insurance company. The company has market cap of $2.37 billion. The Firm underwrites selected property and casualty insurance through subsidiaries, as well as offers insurance coverages in both the specialty admitted, and excess and surplus markets. It has a 23.82 P/E ratio. It operates through Casualty, Property and Surety divisions.

More notable recent RLI Corp. (NYSE:RLI) news were published by: Seekingalpha.com which released: “RLI Corp’s (RLI) CEO Jon Michael on Q4 2016 Results – Earnings Call Transcript” on January 26, 2017, also Seekingalpha.com with their article: “RLI Corp’s (RLI) CEO Jon Michael on Q1 2017 Results – Earnings Call Transcript” published on April 20, 2017, Zacks.com published: “Here’s Why You Should Retain RLI Corp (RLI) Stock Right Now” on March 30, 2017. More interesting news about RLI Corp. (NYSE:RLI) were released by: Streetinsider.com and their article: “RLI Corp. (RLI) Appoints David Duclos to Board” published on May 04, 2017 as well as Streetinsider.com‘s news article titled: “RLI Corp. (RLI) Names Bryan Fowler as CIO” with publication date: September 15, 2017.

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