RLI (RLI) Stock Forecast, Price Target & Predictions
RLI Stock Forecast
RLI stock forecast is as follows: an average price target of $170.50 (represents a -4.18% downside from RLI’s last price of $177.94) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
RLI Price Target
The average price target for RLI (RLI) is $170.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $182.00 to $165.00. This represents a potential -4.18% downside from RLI's last price of $177.94.
RLI Analyst Ratings
According to 4 Wall Street analysts, RLI's rating consensus is 'Buy'. The analyst rating breakdown for RLI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
RLI Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Mark Dwelle | RBC Capital | - | - | 3.74% | -7.27% |
| Oct 09, 2024 | Bill Carcache | Wolfe Research | - | - | 19.66% | 2.28% |
| Jul 24, 2024 | Casey Alexander | Compass Point | - | - | 18.31% | -4.46% |
| Jun 14, 2024 | Andrew Andersen | Jefferies | - | - | 17.76% | -7.27% |
| Apr 22, 2022 | RBC Capital | - | - | 3.38% | -30.88% |
The latest RLI stock forecast, released on Oct 23, 2024 by Mark Dwelle from RBC Capital, set a price target of $165.00, which represents a 3.74% increase from the stock price at the time of the forecast ($159.05), and a -7.27% decrease from RLI last price ($177.94).
RLI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $173.50 | $170.50 |
| Last Closing Price | $177.94 | $177.94 | $177.94 |
| Upside/Downside | -100.00% | -2.50% | -4.18% |
In the current month, the average price target of RLI stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RLI's last price of $177.94. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | Oppenheimer | Perform | Initialise | |
| Oct 09, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 09, 2024 | Wolfe Research | Outperform | Initialise | |
| Oct 08, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 08, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jul 24, 2024 | Keefe, Bruyette & Woods | Buy | Buy | Hold |
| Jul 24, 2024 | Jefferies | Underperform | Underperform | Hold |
| Jul 24, 2024 | Compass Point | Buy | Buy | Hold |
| Jun 14, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 24, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
RLI's last stock rating was published by Oppenheimer on Oct 16, 2024. The company Initialise its RLI rating from "null" to "Perform".
RLI Financial Forecast
RLI Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $331.69M | $381.86M | $364.92M | $360.59M | $859.49M | $213.09M | $264.81M | $327.67M | $270.47M | $298.08M | $287.33M | $308.50M | $262.81M | $298.25M | $118.12M | $267.79M | $236.90M |
| Avg Forecast | $548.57M | $581.39M | $647.34M | $538.56M | $480.40M | $517.19M | $581.58M | $485.87M | $461.49M | $491.54M | $561.60M | $460.05M | $423.12M | $454.31M | $459.79M | $393.49M | $378.16M | $403.43M | $408.43M | $317.70M | $338.75M | $345.21M | $322.05M | $267.99M | $297.78M | $285.93M | $280.82M | $252.37M | $287.15M | $252.46M |
| High Forecast | $552.32M | $585.36M | $651.76M | $542.24M | $483.68M | $520.72M | $585.55M | $490.82M | $463.19M | $491.68M | $561.60M | $460.05M | $424.98M | $477.61M | $462.93M | $396.18M | $380.75M | $403.43M | $408.43M | $317.70M | $338.75M | $345.21M | $322.05M | $267.99M | $297.78M | $285.93M | $280.82M | $252.37M | $287.15M | $252.46M |
| Low Forecast | $543.29M | $575.79M | $641.10M | $533.37M | $475.77M | $512.21M | $575.98M | $479.22M | $458.21M | $491.41M | $561.60M | $460.05M | $421.52M | $425.88M | $455.36M | $389.70M | $374.52M | $403.43M | $408.43M | $317.70M | $338.75M | $345.21M | $322.05M | $267.99M | $297.78M | $285.93M | $280.82M | $252.37M | $287.15M | $252.46M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.83% | 0.93% | 0.95% | 2.13% | 0.52% | 0.83% | 0.97% | 0.78% | 0.93% | 1.07% | 1.04% | 0.92% | 1.06% | 0.47% | 0.93% | 0.94% |
RLI's average Quarter revenue forecast for Dec 23 based on 4 analysts is $423.12M, with a low forecast of $421.52M, and a high forecast of $424.98M. RLI's average Quarter revenue forecast represents a 27.56% increase compared to the company's last Quarter revenue of $331.69M (Sep 23).
RLI EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.02M | $96.03M | $124.80M | $116.08M | $556.72M | $-4.54M | $60.53M | $119.00M | $37.34M | $103.92M | $91.73M | $104.72M | $53.41M | $116.78M | $-77.47M | $65.22M | $40.81M |
| Avg Forecast | $232.77M | $246.70M | $274.68M | $228.53M | $203.85M | $219.46M | $246.78M | $206.17M | $195.82M | $208.58M | $238.30M | $43.57M | $179.54M | $192.78M | $195.10M | $39.61M | $78.54M | $94.76M | $95.94M | $36.01M | $79.57M | $81.09M | $75.65M | $60.69M | $69.95M | $67.16M | $65.96M | $-73.78M | $67.45M | $59.30M |
| High Forecast | $234.36M | $248.39M | $276.56M | $230.09M | $205.24M | $220.96M | $248.47M | $208.27M | $196.55M | $208.63M | $238.30M | $52.29M | $180.33M | $202.66M | $196.43M | $47.54M | $94.24M | $94.76M | $95.94M | $43.21M | $79.57M | $81.09M | $75.65M | $72.82M | $69.95M | $67.16M | $65.96M | $-59.02M | $67.45M | $59.30M |
| Low Forecast | $230.53M | $244.32M | $272.04M | $226.32M | $201.88M | $217.34M | $244.40M | $203.35M | $194.43M | $208.52M | $238.30M | $34.86M | $178.86M | $180.71M | $193.22M | $31.69M | $62.83M | $94.76M | $95.94M | $28.81M | $79.57M | $81.09M | $75.65M | $48.55M | $69.95M | $67.16M | $65.96M | $-88.53M | $67.45M | $59.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | 0.49% | 3.15% | 1.48% | 5.87% | -0.05% | 1.68% | 1.50% | 0.46% | 1.37% | 1.51% | 1.50% | 0.80% | 1.77% | 1.05% | 0.97% | 0.69% |
4 analysts predict RLI's average Quarter EBITDA for Dec 23 to be $179.54M, with a high of $180.33M and a low of $178.86M. This is 1095.43% upper than RLI's previous annual EBITDA (Sep 23) of $15.02M.
RLI Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.54M | $77.65M | $98.81M | $97.83M | $439.89M | $-2.24M | $47.92M | $95.28M | $29.24M | $81.81M | $73.01M | $83.81M | $42.39M | $92.17M | $-61.27M | $53.38M | $32.32M |
| Avg Forecast | $87.99M | $53.05M | $80.80M | $90.49M | $81.87M | $50.84M | $76.26M | $85.68M | $47.11M | $44.32M | $65.00M | $34.50M | $68.80M | $3.92M | $54.88M | $31.36M | $62.89M | $23.08M | $49.39M | $28.51M | $41.69M | $24.03M | $35.87M | $48.30M | $29.99M | $503.49K | $24.58M | $-58.35M | $27.25M | $23.55M |
| High Forecast | $88.77M | $53.52M | $81.52M | $91.29M | $82.59M | $51.29M | $76.94M | $93.01M | $51.16M | $45.41M | $66.47M | $41.40M | $78.83M | $16.19M | $54.99M | $37.63M | $75.46M | $23.08M | $51.35M | $34.21M | $41.69M | $24.03M | $35.87M | $57.96M | $29.99M | $503.49K | $24.58M | $-46.68M | $27.25M | $23.55M |
| Low Forecast | $86.89M | $52.38M | $79.79M | $89.36M | $80.84M | $50.21M | $75.31M | $77.43M | $43.56M | $43.23M | $63.53M | $27.60M | $64.50M | $-4.91M | $54.77M | $25.09M | $50.31M | $23.08M | $47.42M | $22.81M | $41.69M | $24.03M | $35.87M | $38.64M | $29.99M | $503.49K | $24.58M | $-70.02M | $27.25M | $23.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.45% | 1.41% | 3.15% | 1.56% | 19.06% | -0.05% | 1.68% | 2.29% | 1.22% | 2.28% | 1.51% | 2.79% | 84.19% | 3.75% | 1.05% | 1.96% | 1.37% |
RLI's average Quarter net income forecast for Dec 23 is $68.80M, with a range of $64.50M to $78.83M. RLI's average Quarter net income forecast represents a 408.25% increase compared to the company's last Quarter net income of $13.54M (Sep 23).
RLI SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.37M | $4.22M | $4.21M | $4.35M | $2.75M | $2.44M | $3.36M | $3.80M | $2.50M | $3.69M | $3.34M | $3.85M | $2.67M | $1.99M | $1.75M | $3.54M | $2.58M |
| Avg Forecast | $114.32M | $121.16M | $134.90M | $112.23M | $100.11M | $107.78M | $121.20M | $101.25M | $96.17M | $102.44M | $117.04M | $2.42M | $88.18M | $94.68M | $95.82M | $2.20M | $2.51M | $4.24M | $4.30M | $2.00M | $3.56M | $3.63M | $3.39M | $2.21M | $3.13M | $3.01M | $2.95M | $1.67M | $3.02M | $2.66M |
| High Forecast | $115.10M | $121.99M | $135.82M | $113.00M | $100.80M | $108.52M | $122.03M | $102.28M | $96.53M | $102.46M | $117.04M | $2.90M | $88.56M | $99.53M | $96.47M | $2.64M | $3.01M | $4.24M | $4.30M | $2.40M | $3.56M | $3.63M | $3.39M | $2.65M | $3.13M | $3.01M | $2.95M | $2.01M | $3.02M | $2.66M |
| Low Forecast | $113.22M | $119.99M | $133.60M | $111.15M | $99.15M | $106.74M | $120.03M | $99.87M | $95.49M | $102.41M | $117.04M | $1.94M | $87.84M | $88.75M | $94.89M | $1.76M | $2.00M | $4.24M | $4.30M | $1.60M | $3.56M | $3.63M | $3.39M | $1.77M | $3.13M | $3.01M | $2.95M | $1.34M | $3.02M | $2.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.03% | 0.04% | 1.91% | 1.73% | 0.65% | 0.57% | 1.68% | 1.07% | 0.69% | 1.09% | 1.51% | 1.23% | 0.89% | 0.67% | 1.05% | 1.17% | 0.97% |
RLI's average Quarter SG&A projection for Dec 23 is $88.18M, based on 4 Wall Street analysts, with a range of $87.84M to $88.56M. The forecast indicates a 3617.40% rise compared to RLI last annual SG&A of $2.37M (Sep 23).
RLI EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.30 | $1.70 | $2.17 | $2.15 | $9.69 | $-0.05 | $1.06 | $2.10 | $0.65 | $1.81 | $1.62 | $1.86 | $0.94 | $2.05 | $-1.36 | $1.19 | $0.72 |
| Avg Forecast | $1.90 | $1.15 | $1.75 | $1.96 | $1.77 | $1.10 | $1.65 | $1.85 | $1.02 | $0.96 | $1.41 | $1.60 | $1.49 | $0.08 | $1.19 | $1.25 | $1.16 | $0.50 | $1.07 | $0.98 | $0.90 | $0.52 | $0.78 | $0.65 | $0.65 | $0.01 | $0.53 | $0.64 | $0.59 | $0.51 |
| High Forecast | $1.92 | $1.16 | $1.76 | $1.98 | $1.79 | $1.11 | $1.66 | $2.01 | $1.11 | $0.98 | $1.44 | $1.61 | $1.71 | $0.35 | $1.19 | $1.26 | $1.17 | $0.50 | $1.11 | $0.98 | $0.90 | $0.52 | $0.78 | $0.65 | $0.65 | $0.01 | $0.53 | $0.64 | $0.59 | $0.51 |
| Low Forecast | $1.88 | $1.13 | $1.73 | $1.93 | $1.75 | $1.09 | $1.63 | $1.68 | $0.94 | $0.94 | $1.37 | $1.59 | $1.40 | $-0.11 | $1.18 | $1.23 | $1.15 | $0.50 | $1.03 | $0.98 | $0.90 | $0.52 | $0.78 | $0.65 | $0.65 | $0.01 | $0.53 | $0.64 | $0.59 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.53% | 1.43% | 1.74% | 1.85% | 19.39% | -0.05% | 1.09% | 2.33% | 1.24% | 2.33% | 2.50% | 2.86% | 86.29% | 3.85% | -2.15% | 2.02% | 1.41% |
According to 4 Wall Street analysts, RLI's projected average Quarter EPS for Dec 23 is $1.49, with a low estimate of $1.40 and a high estimate of $1.71. This represents a 396.15% increase compared to RLI previous annual EPS of $0.30 (Sep 23).