Alert: New Earnings Report (10/21/24)-RLI Corp (NYSE: RLI).

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RLI Corp (NYSE: RLI) has reported E.P.S. of $2.06 for its third fiscal quarter (ending September 30) versus $0.30 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $9.11 compared to $6.32 a year ago.

Recent Price Action

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RLI Corp (NYSE: RLI) stock closed at $162.00 on 10/21/24 after a slight decline of -0.6%. Moreover, this decline was accompanied by above average trading volume at 143% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.9% during the last week.

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 inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. RLI has a poor Appreciation Score of 16 but a neutral Power Rating of 59, with the Negative Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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