Investing In RLI Corp (NYSE: RLI): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Insurance – Property & Casualty industry segment. The current market capitalization of RLI Corp is $7.13B. A total of 0.53 million shares were traded on the day, compared to an average of 357.96K 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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. RLI Corp pays an annual dividend of $0.56, resulting in a dividend yield of 0.72%, and it has a price to earnings (P/E) ratio of 17.12. RLI’s most recent ex-dividend date was 0.7% when it declared a $2.1450 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 $0.1450 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RLI has a high of $89.12 and a low of $65.55.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $19.08, while its Total Shareholder’s Equity was $1.23B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.

Most Popular

Related Posts