RLI stock: KBW raises price target to 74 US dollars
Published on 11/13/2026 at 01:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst outlook and insurance performance
- KBW maintained an Outperform rating after lifting its earnings estimates for RLI.
- Third-quarter operating earnings exceeded the analyst forecast, while revenue fell short of expectations.
- RLI reported an 86.2% combined ratio and higher net investment income.
Keefe, Bruyette & Woods raised its price target for RLI Corp. to 74 US dollars from 69 US dollars on October 21, 2026, while maintaining an Outperform rating. Investing.com said the revision followed RLI's third-quarter earnings report and conference call.
KBW lifted its earnings-per-share estimates for RLI to 3.25 US dollars for 2026, 2.90 US dollars for 2027 and 2.95 US dollars for 2028. The previous estimates were 2.90 US dollars, 2.85 US dollars and 2.90 US dollars, respectively. The revised outlook assumes lower core loss ratios and larger reserve releases, partly offset by slower premium and investment-income growth.
Third-quarter results shape outlook
The Investing.com report said RLI posted operating earnings of 0.86 US dollars per share for the third quarter, compared with an analyst forecast of 0.51 US dollars. Revenue reached 476.96 million US dollars, below the 533.51 million US dollars expected by analysts.
RLI reported an 86.2% combined ratio, indicating profitable underwriting for the period. Net investment income rose 13% year over year to 46.7 million US dollars, while gross premiums written increased 2%. Management emphasized disciplined underwriting rather than aggressive top-line expansion, according to the report.
RLI stock traded at 62.53 euros on Lang & Schwarz at 11:00 p.m. CET on Thursday, November 12, 2026. The quote is a late-session indication and is presented without a directional comparison to an Xetra close.
Specialty insurance platform
RLI Corp. is a property-and-casualty insurance holding company headquartered in Peoria, Illinois. It underwrites casualty, property and surety products for commercial and personal customers in the United States and internationally.
The company also provides professional liability, commercial automobile, marine, homeowners and environmental coverage, along with surety bonds and selected reinsurance. Its specialty-focused model serves niche risks through branch offices, brokers, carrier partners and independent agents.
RLI Corp. at a glance
- Company: RLI Corp.
- ISIN: US7496071074
- Ticker: RLI
- Sector: Financial Services
- Industry: Insurance - Property & Casualty
- Lang & Schwarz quote: 62.53 euros at 11:00 p.m. CET on November 12, 2026
Broader US equities remain the relevant market backdrop for RLI and can be followed through the S&P 500 market overview.
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