RLI Corp

Company Profile

RLI Corp had its IPO on 1985-08-15 under the ticker symbol RLI.

The company operates in the Financial Services sector and Insurance-Property & Casualty industry. RLI Corp has a staff strength of 1,001 employees.

Stock update

Shares of RLI Corp opened at $135.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $135.1 - $137.82, and closed at $136.34.

This is a +0.99% increase from the previous day's closing price.

A total volume of 154,754 shares were traded at the close of the day’s session.

In the last one week, shares of RLI Corp have increased by +2.28%.

RLI Corp's Key Ratios

RLI Corp has a market cap of $6.16 billion, indicating a price to book ratio of 4.1433 and a price to sales ratio of 3.4332.

In the last 12-months RLI Corp’s revenue was $1.97 billion with a gross profit of $832.60 million and an EBITDA of $909.01 million. The EBITDA ratio measures RLI Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, RLI Corp’s operating margin was 45.8% while its return on assets stood at 11.89% with a return of equity of 59.61%.

In Q2, RLI Corp’s quarterly earnings growth was a positive 104.8% while revenue growth was a positive 79.2%.

RLI Corp’s PE and PEG Ratio

Forward PE

27.3973

Trailing PE

8.6712

PEG

3.82

Its diluted EPS in the last 12-months stands at $15.57 per share while it has a forward price to earnings multiple of 27.3973 and a PEG multiple of 3.82. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into RLI Corp’s profitability.

RLI Corp stock is trading at a EV to sales ratio of 3.1543 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.4332.

RLI Corp stock pays annual dividends of $1.05 per share, indicating a yield of 0.8% and a payout ratio of 1.62%.

Balance sheet and cash flow metrics

Total Assets

$5.07 billion

Total Liabilities

$235.89 million

Operating Cash Flow

$-168312000.00

Capital Expenditure

$1.51 million

Dividend Payout Ratio

1.62%

RLI Corp ended 2024 with $5.07 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.07 billion while shareholder equity stood at $1.35 billion.

RLI Corp ended 2024 with $0 in deferred long-term liabilities, $235.89 million in other current liabilities, 685000.00 in common stock, $1.60 billion in retained earnings and $46.06 million in goodwill. Its cash balance stood at $16.71 million and cash and short-term investments were $288.00 million. The company’s total short-term debt was $199,956,000 while long-term debt stood at $0.

RLI Corp’s total current assets stands at $1.24 billion while long-term investments were $3.57 billion and short-term investments were $271.30 million. Its net receivables were $950.33 million compared to accounts payable of $35.93 million and inventory worth $0.

In 2024, RLI Corp's operating cash flow was $-168312000.00 while its capital expenditure stood at $1.51 million.

Comparatively, RLI Corp paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price

$136.34

52-Week High

$149.0152

52-Week Low

$95.0087

Analyst Target Price

$160.67

RLI Corp stock is currently trading at $136.34 per share. It touched a 52-week high of $149.0152 and a 52-week low of $149.0152. Analysts tracking the stock have a 12-month average target price of $160.67.

Its 50-day moving average was $133.93 and 200-day moving average was $132.19 The short ratio stood at 3.64 indicating a short percent outstanding of 0%.

Around 428.6% of the company’s stock are held by insiders while 8341.9% are held by institutions.