RLI Corp (NYSE: RLI): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that N/A.

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Stocks Info

RLI belongs to the Financial sector of the NYSE while operating in the Insurance – Property & Casualty industry. The current market capitalization of RLI Corp is $7.66B. A total of 53488.0 shares were traded on the day, compared to an average of 171.08K shares.

In the most recent transaction, STONE MICHAEL J sold 300 shares of RLI for 170.75 per share on Dec 13 ’24. After the transaction, the Director now owns 214,511 company shares. In a previous transaction on Dec 12 ’24, STONE MICHAEL J sold 200 shares at 169.55 per share. RLI shares that Director owns now total 214,811.

Among the insiders who sold shares, Angelina Michael E disposed of 1,908 shares on Feb 16 ’24 at a per-share price of $143.00. This resulted in the Director holding 9,908 shares of RLI after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. RLI Corp pays an annual dividend of $1.12, resulting in a dividend yield of 0.67%, and it has a price to earnings (P/E) ratio of 18.38. RLI’s most recent ex-dividend date was 0.7% when it declared a $4.29 quarterly dividend that was paid in cash on 11/29/2024. Previously, the company paid the dividend on 8/30/2024 with an ex-dividend date of 0.8%. The RLI stock dividend was $0.29 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RLI has a high of $178.24 and a low of $129.08.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RLI’s latest balance sheet shows that the firm has $2.50B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $38.17, while its Total Shareholder’s Equity was $1.23B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RLI is Buy with a score of 3.70.

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