KBW cut target for RLI stock to USD 69 from USD 74

Published on 10/20/2026 at 19:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RLI posted USD 81.0 million net income in the quarter. RLI stock costs EUR 55.68 on October 20, 2026, 2.45 percent above the Tradegate close.

Analyst target and earnings

Keefe Bruyette cut its RLI target from USD 74.00 to USD 69.00 on October 12, 2026.
RLI posted USD 81.0 million in third-quarter net earnings versus USD 124.6 million a year earlier.
RLI stock costs EUR 55.68 at Lang & Schwarz on October 20, 2026 at 6:59 p.m. CEST, 2.45 percent above the Tradegate close of October 16, 2026.
RLI reported USD 79.3 million in third-quarter operating earnings versus USD 75.8 million in the prior-year quarter.

RLI, US7496071074, Illustration mit AI erstellt.

Keefe Bruyette cut its RLI target from USD 74.00 to USD 69.00 on October 12, 2026, while keeping an Outperform rating, as Markets Insider reported. The new target was 10.68 percent above RLI's USD 62.34 NYSE price at 1:04 p.m. EDT on October 20, 2026. RLI stock was trading at EUR 55.68 at Lang & Schwarz on October 20, 2026 at 6:59 p.m. CEST, 2.45 percent above the Tradegate close of October 16, 2026 at EUR 54.35.

Third-quarter earnings turned mixed

RLI reported USD 81.0 million of net earnings for the third quarter of 2026, down from USD 124.6 million in the third quarter of 2025. At USD 0.88, diluted earnings per share also declined from USD 1.35, while operating earnings rose to USD 79.3 million from USD 75.8 million, according to Yahoo Finance.

The underwriting result was USD 58.8 million, compared with USD 60.5 million a year earlier, and the combined ratio moved to 86.2 from 85.1. Favorable development in prior-year loss reserves contributed USD 20.1 million to underwriting income in the third quarter.

What does the target imply?

The USD 69.00 target sits 10.68 percent above the current NYSE price, leaving a clear gap between the analyst view and the latest quotation. The same October 12 research round also included a Wells Fargo target of USD 51.00, down from USD 57.00, according to MarketBeat. That spread makes the third-quarter underwriting figures more important than a single target.

Price position and valuation

RLI's NYSE price was USD 62.34 at 1:04 p.m. EDT on October 20, 2026, with a USD 47.26 to USD 67.12 52-week range. The latest price stood 7.13 percent below the 52-week high and 31.92 percent above the low. Trading volume was 634,531 shares, against an average of 778,439.

The company had a USD 5.7 billion market capitalization and a trailing P/E ratio of 14.57 on October 20, 2026. RLI also paid a regular USD 0.18 dividend per share on September 15, 2026, according to MarketBeat.

Results date and market setting

RLI had scheduled its third-quarter release for October 19, 2026 and its results call for October 20, 2026 at 10:00 a.m. CDT, according to the RLI Corp. investor-relations release. The company is a specialty insurer serving property, casualty and surety markets and is listed on the NYSE.

For investors, the key comparison is between lower GAAP earnings and higher operating earnings in the third quarter. The stock's 7.13 percent distance from its yearly high leaves the analyst target within a measurable range rather than at a record level.

RLI trading after the Xetra close

At Lang & Schwarz, RLI stock stood at EUR 55.68 on October 20, 2026 at 6:59 p.m. CEST, 2.45 percent above the Tradegate close of October 16, 2026 at EUR 54.35. The NYSE price was USD 62.34 at 1:04 p.m. EDT on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of RLI stock.