# RLI Corp. – Consensus ‘buy’ rating and 7.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/rli-corp.consensus-buy-rating-and-7.8-upside-potential/4121175060
- Published: 2024-10-23T14:54:53+01:00
- Author: Charlotte Edwards

**RLI Corp.** with ticker code (RLI) have now 5 analysts in total covering the stock.
The consensus rating is pointing to ‘buy’. The target price High/Low ranges between
$182.00 and $165.00 suggesting an average Analsyt target price of $174.60. Now with
the previous closing price of $162.00 this would imply there is now a potential 
upside of 7.8%. The day 50 moving average is $154.01 and the 200 day MA is $145.84.
The market capitalization for the company is 7.28B. The price for the stock stands
currently at: $159.05 USD

 The potential market cap would be $7,841,821,992 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.73, revenue per share of $38.63
and a 5.97% return on assets.

RLI Corp. is a specialty insurance company that underwrites select property, casualty
and surety products through subsidiaries, as well as insurance coverage in the specialty
admitted and excess and surplus markets. The Company’s segment includes Casualty,
Property and Surety. The Casualty segment consists of commercial excess and personal
umbrella, general liability, commercial transportation, professional services, small
commercial, executive products and other casualty. The Property segment consists
of commercial property, marine and other property. The Surety segment consists of
commercial, miscellaneous and contract. Its small commercial business offers property
and casualty insurance coverage for small to mid-sized contractors, focused on the
construction industry. It conducts operations principally through three insurance
companies, including RLI Insurance Company (RLI Ins.), Mt. Hawley Insurance Company(
Mt. Hawley) and Contractors Bonding and Insurance Company (CBIC).

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