Important positive changes in fundamentals have recently occurred for RLI Corp (NYSE: RLI): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.
RLI Corp (NYSE: RLI) has recently enjoyed meaningful positive changes in investment behavior: its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
RLI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
RLI has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. RLI has a very low Appreciation Score of 14 but a good Power Rating of 73, resulting in the Negative Value Trend Rating.
Recent Price Action
RLI Corp (NYSE: RLI) stock closed at $145.63 on 8/5/24 after a decline of -2.7%. Trading volume in this decline was normal. The stock has declined -0.9% during the last week and has performed in line with the market over the last nine months.
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