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RLI Corp. (NYSE:RLI) issued its quarterly earnings data on Thursday. The company reported $0.72 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.11 by $0.39, Analyst RN reports. The company had revenue of $168.40 million for the quarter, compared to the consensus estimate of $149.00 million. During the same quarter in the prior year, the company posted $0.89 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis.

Shares of RLI Corp. (NYSE:RLI) opened at 44.97 on Thursday. RLI Corp. has a 52 week low of $33.75 and a 52 week high of $52.565. The stock’s 50-day moving average is $47.1 and its 200-day moving average is $44.59. The company has a market cap of $964.4 million and a price-to-earnings ratio of 8.35.

A number of analysts have recently weighed in on RLI shares. Analysts at Keefe, Bruyette & Woods downgraded shares of RLI Corp. from a “market perform” rating to an “underperform” rating in a research note to investors on Friday, January 17th. Analysts at Zacks upgraded shares of RLI Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, November 8th. They now have a $113.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $91.67.

RLI Corp. underwrites selected property and casualty insurance through subsidiaries collectively (NYSE:RLI).

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