Home Sectors Financial Services Present Performance: RLI Corp. (NYSE: RLI)

Present Performance: RLI Corp. (NYSE: RLI)


RLI Corp. is in the property and casualty insurance industry and financial services sector. The company CEO is Jonathan E. Michael. RLI Corp provides property and casualty insurance coverages in both the specialty admitted and excess and surplus markets. It distributes its property and casualty insurance through branch offices.

Previous Intraday Trading Performance:

The RLI stock showed a previous change of 1.40% with an open at 87.89 and a close of 89.02. It reached an intraday high of 89.13 and a low of 87.62.

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The stock has a market cap of $4.0b with 44.6m shares outstanding, of which the float is 42.0m shares. Trading volume reached 135,938 shares compared to its average volume of 132,186 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, RLI Corp. shares returned 1.14% and in the past 30 trading days it returned 7.98%. Over three months, it changed 27.62%. In one year it has changed 33.54% and within that year its 52-week high was 89.13 and its 52-week low was 64.48. RLI stock is 38.06% above its 52 Week Low.

Our calculations show a 200 day moving average of 73.44 and a 50 day moving average of 81.24. Currently RLI stock is trading 21.22% above its 200 day moving average.

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The last annual fiscal EPS for the company was reported at 1.42 that ended on 31st of December 2018, which according to the previous close, that is a PE of 62.69. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.59. The TTM EPS is 2.06, which comes to a TTM PE of 43.21. Historically, the PE high was 62.69 and the PE low was 13.80. If the stock reached its PE low, that would represent a price of 28.43, which is a decrease of -68.06%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/17/2019): 1.46
4thQtr of 2018 (Reported on 01/23/2019): -0.46
3rdQtr of 2018 (Reported on 10/17/2018): 0.88
2ndQtr of 2018 (Reported on 07/18/2018): 0.74
1stQtr of 2018 (Reported on 04/18/2018): 0.27

The dividend per share is currently 0.92, which is a dividend yield of 1.03%. Also, the payout ratio is 44.66%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 43.21, which means it may be overvalued by -106.01%.

Indicators to Watch:

Short-interest was 2,902,824, which was 6.52% of shares outstanding. The short-interest ratio or days-to-cover ratio was 17.28. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.82.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 14.21%, return on assets is 4.00%, profit margin is 13.27%, price-to-sales is 4.37 and price-to-book is 4.37.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 5  :Financial Strength Score
 0  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.