Wells Fargo cuts target for RLI stock from USD 57.00 to USD 51.00

Published on 10/17/2026 at 21:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results land on October 19, 2026. RLI stock last traded at USD 61.07 on October 16, 2026 at 4:00 p.m. ET, up 2.67 percent on the NYSE.

Targets, results and valuation

Wells Fargo lowered its RLI target from USD 57.00 to USD 51.00 on October 12, 2026.
RLI will release third-quarter 2026 earnings after market close on October 19, 2026.
RLI stock last traded at USD 61.07 at 4:00 p.m. ET on October 16, 2026, up 2.67 percent on the NYSE.
RLI traded at a P/E ratio of 12.83 on October 16, 2026.

RLI, US7496071074, Illustration mit AI erstellt.

Wells Fargo lowered its price target for RLI Corp. from USD 57.00 to USD 51.00 on October 12, 2026, keeping an Underweight rating, according to Markets Insider. At the last NYSE price of USD 61.07, the shares stood 19.75 percent above the new target. RLI last traded at USD 61.07 at 4:00 p.m. ET on October 16, 2026, up 2.67 percent on the NYSE.

October 19 earnings set the next test

RLI Corp. will release its third-quarter 2026 results after the market close on October 19, 2026. The company will hold its quarterly conference call on October 20, 2026, at 10:00 a.m. CDT, according to RLI Corp.

Price position on October 16

RLI traded within a 52-week range of USD 47.26 to USD 67.12 on October 16, 2026. The last price was 9.01 percent below the upper end of that range. Trading volume was 975,320 shares, compared with an average volume of 768,598 shares.

The insurer's second-quarter 2026 revenue was USD 575.57 million, while net income attributable to common shareholders was USD 168.03 million. Diluted earnings per share came to USD 1.82 and the net profit margin was 36.00 percent for the quarter.

Valuation and upcoming results

RLI had a market capitalization of USD 5.6 billion and a trailing P/E ratio of 12.83 as of October 16, 2026. Its dividend yield was 1.18 percent. The scheduled October 19 release gives investors a near-term earnings date alongside the contrasting Wells Fargo target.

Comparison with peers

RLI: 2.67 percent, P/E 12.83, market capitalization USD 5.6 billion

Chubb Limited (NYSE, USD): 1.98 percent, P/E 12.67, market capitalization USD 138.8 billion

The Travelers Companies (NYSE, USD): 1.47 percent, P/E 10.21, market capitalization USD 81.2 billion

What the next session brings

RLI combines a USD 51.00 Wells Fargo target with a scheduled third-quarter report and a USD 61.07 last NYSE price. The upcoming release will provide the next company-specific measure against the USD 575.57 million second-quarter revenue base.

RLI was last at USD 61.07 on October 16, 2026 at 4:00 p.m. ET on the NYSE, up 2.67 percent on the day.