RLI Corp. (NYSE:RLI) Updates On Dividend Release Date


On 2016-08-11, RLI Corp. (NYSE:RLI) confirmed the dividend disbursement of $0.2 a share to shareholders as on record 2016-08-31. The firm will release dividend on 2016-09-19 while ex-dividend date is reported to be 2016-08-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, RLI Corp. (NYSE:RLI) paid a total of $0.2 per share in dividends. This figure stood at $0.2 a share in the same period a year ago indicating a deviation of -25.876%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $56 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $58 and $55, respectively.

Taking the mathematical rating formula, the price for RLI Corp. (NYSE:RLI) stands at 3. Earnings Review RLI Corp. (NYSE:RLI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-17. For the period ending on 2016-09-30, experts are expecting EPS of $0.61.

Coming to the quarter ending on 2015-12-31, RLI Corp. (NYSE:RLI) recorded EPS of $0.61. The reported numbers came lower than the analysts’ estimates of $0.63, demonstrating a miss of $-0.02 as against reported figures.

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