<div id="readability-page-1"><p><span>RLI (NYSE:RLI - Get Free Report)</span> was downgraded by investment analysts at Wall Street Zen from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report issued on Saturday.</p><ul><li>3 Recession-Resistant Stocks: Low Beta, High Margins, Low Debt</li></ul><p>Several other brokerages have also recently weighed in on RLI. Weiss Ratings  reaffirmed a &#34;hold (c-)&#34; rating on shares of RLI in a research note on Thursday, April 2nd. Jefferies Financial Group raised shares of RLI from an &#34;underperform&#34; rating to a &#34;hold&#34; rating and set a $52.00 price target for the company in a research note on Friday, January 23rd. Zacks Research raised shares of RLI from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, April 2nd. Wells Fargo &amp; Company decreased their price target on shares of RLI from $59.00 to $55.00 and set an &#34;equal weight&#34; rating for the company in a research note on Thursday, April 9th. Finally, Citizens Jmp  reaffirmed a &#34;market perform&#34; rating on shares of RLI in a research note on Friday, January 23rd. One analyst  has rated the stock with a Strong Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, RLI presently has an average rating of &#34;Hold&#34; and a consensus target price of $61.50.</p><p><b>Check Out Our Latest Research Report on RLI</b></p><h2>RLI Stock Performance</h2><ul><li>Don't Overlook Hidden Gem Kinsale As Rallies To New Highs</li></ul><p>Shares of RLI stock opened at $51.54 on Friday. The company has a market capitalization of $4.74 billion, a P/E ratio of 12.04 and a beta of 0.42. The company's 50 day moving average price is $58.57 and its two-hundred day moving average price is $60.62. RLI has a 52 week low of $50.63 and a 52 week high of $77.24. </p><p>RLI (NYSE:RLI - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The insurance provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.73 by $0.10. The firm had revenue of $423.87 million for the quarter, compared to the consensus estimate of $564.47 million. RLI had a net margin of 20.81% and a return on equity of 17.72%. The business's quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the company posted $0.92 EPS.  Analysts forecast that  RLI will post 2.71 earnings per share for the current year. </p><h2>Hedge Funds Weigh In On RLI</h2><ul><li>3 Volatile Mid-Caps to Trade This Earnings Season</li></ul><p>Several hedge funds and other institutional investors have recently made changes to their positions in the company. Chatham Capital Group Inc. grew its stake in shares of  RLI by 0.7% in the fourth quarter. Chatham Capital Group Inc. now owns 26,460 shares of the insurance provider's stock valued at $1,693,000 after buying an additional 180 shares in the last quarter.  Covestor Ltd lifted its holdings in  RLI by 13.0% during the 4th quarter. Covestor Ltd now owns 1,590 shares of the insurance provider's stock valued at $102,000 after purchasing an additional 183 shares during the last quarter.  Allworth Financial LP lifted its holdings in  RLI by 5.3% during the 3rd quarter. Allworth Financial LP now owns 3,760 shares of the insurance provider's stock valued at $245,000 after purchasing an additional 189 shares during the last quarter.  Farther Finance Advisors LLC lifted its holdings in  RLI by 94.4% during the 4th quarter. Farther Finance Advisors LLC now owns 414 shares of the insurance provider's stock valued at $26,000 after purchasing an additional 201 shares during the last quarter.  Finally, Public Employees Retirement System of Ohio lifted its holdings in  RLI by 0.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 75,502 shares of the insurance provider's stock valued at $4,924,000 after purchasing an additional 207 shares during the last quarter. 77.89% of the stock is owned by institutional investors. </p><h2>About RLI</h2> (Get Free Report)<p>RLI Corporation <span>NYSE: RLI<span></span></span> is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI's approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.  </p><p>Founded in 1965 as Replacement Lens, Inc, RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s.</p><h2>See Also</h2><ul><li>Five stocks we like better than RLI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJMSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJMSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in RLI Right Now?</h2><p>Before you consider RLI, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RLI wasn't on the list.</p><p>While RLI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wall Street Zen has downgraded RLI (NYSE:RLI) from a "hold" to a "sell" rating in a recent research report. Other brokerages have also provided mixed ratings, with Weiss Ratings maintaining a "hold (c-)" and Jefferies Financial Group upgrading to a "hold" with a $52 price target. RLI's stock opened at $51.54, with a market cap of $4.74 billion and a P/E ratio of 12.04. The company reported an EPS of $0.83, exceeding estimates, but revenue fell short of expectations. RLI specializes in niche property and casualty insurance.</p>

Market Beat

Jefferies Financial

Wells Fargo

Kinsale Capital

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

RLI (NYSE:RLI) Lowered to Sell Rating by Wall Street Zen