RLI RLI Corp.
RLI Corp. operates as a holding company, which engages in the provision of insurance and underwriting services. It operates through the following segments: Casualty, Property and Surety. The Casualty segment offers healthcare and transportation insurance. The Property segment consists of commercial fire, earthquake, difference in conditions, marine, facultative and treaty reinsurance, including crop and select personal lines policies, including pet insurance and homeowners reinsurance services. The Surety segment engages in writing contract surety coverage, licenses and bonds for commercial, energy and industrial sectors. The company was founded by Gerald D. Stephens in 1965 and is headquartered in Peoria, IL.
Company profile
Ticker
RLI
Exchange
Website
CEO
Jonathan E. Michael
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
370889946
RLI stock data
()
Calendar
28 Apr 20
10 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 118.12M | 264.75M | 236.9M | 238.11M | |
| Net income | -61.27M | 53.38M | 32.32M | 40.47M | |
| Diluted EPS | -1.36 | 1.18 | 0.71 | 0.89 | |
| Net profit margin | -51.87% | 20.16% | 13.64% | 16.99% | |
| Net change in cash | -3.5M | -17.85M | 39.21M | -347K | |
| Cash on hand | 42.7M | 46.2M | 64.05M | 24.83M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 1B | 818.12M | 797.22M | 816.33M | |
| Net income | 191.64M | 64.18M | 105.03M | 114.92M | |
| Diluted EPS | 4.23 | 1.43 | 2.36 | 2.59 | |
| Net profit margin | 19.10% | 7.84% | 13.17% | 14.08% | |
| Net change in cash | 16.06M | 5.87M | 6M | 7.19M | |
| Cash on hand | 46.2M | 30.14M | 24.27M | 18.27M |
Financial data from RLI earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 2 Jul 20 | Michael J Stone | Common Stock | Sell | Dispose S | No | 80.39 | 1,360 | 109.33K | 243,484.169 |
| 2 Jul 20 | Michael J Stone | Common Stock | Other | Dispose J | No | 0 | 3,240 | 0 | 6,480.778 |
| 2 Jul 20 | Michael J Stone | Common Stock | Other | Aquire J | No | 0 | 3,240 | 0 | 244,844.169 |
| 4 May 20 | Michael J Stone | Common Stock | Other | Aquire J | No | 0 | 13 | 0 | 241,604.169 |
| 4 May 20 | Michael J Stone | Common Stock | Option exercise | Aquire M | No | 0 | 605 | 0 | 241,591.169 |
| 4 May 20 | Michael J Stone | RSU Common Stock | Option exercise | Dispose M | No | 0 | 605 | 0 | 0 |
| 4 May 20 | Restrepo Robert P JR | Common Stock | Other | Aquire J | No | 0 | 13 | 0 | 10,431 |
| 4 May 20 | Ahlmann Kaj | RSU Common Stock | Option exercise | Dispose M | No | 0 | 605 | 0 | 0 |
| 4 May 20 | Restrepo Robert P JR | RSU Common Stock | Option exercise | Dispose M | No | 0 | 605 | 0 | 0 |
| 4 May 20 | Graham Jordan W | Common Stock | Other | Aquire J | No | 0 | 13 | 0 | 5,737.679 |
Institutional ownership Q1 2020
84.1% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 241 |
| Opened positions | 22 |
| Closed positions | 42 |
| Increased positions | 84 |
| Reduced positions | 90 |
13F shares |
Current |
|---|---|
| Total value | 20.25B |
| Total shares | 37.8M |
| Total puts | 0 |
| Total calls | 14.7K |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| STT State Street | 5.03M | $442.51M |
| Vanguard | 4.65M | $408.89M |
| BLK BlackRock | 4.55M | $399.97M |
| Kayne Anderson Rudnick Investment Management | 2.59M | $227.82M |
| Vaughan David Investments | 2.07M | $181.81M |
| JPM JPMorgan Chase & Co. | 1.77M | $155.55M |
| NEU Neuberger Berman | 1.72M | $151.33M |
| MKL Markel | 1.2M | $105.28M |
| Dimensional Fund Advisors | 1.02M | $89.27M |
| Van Berkom & Associates | 925.2K | $81.35M |
Financial report summary
?Competition
Chubb • American Safety Insurance • The Navigators Group Inc • Markel • Cna • Chubb • First Mercury Financial • Arch Capital • Markel • OneBeacon U.S.
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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Financial reports
10-Q
2020 Q1
Quarterly report
28 Apr 20
10-K
2019 FY
Annual report
21 Feb 20
10-Q
2019 Q3
Quarterly report
24 Oct 19
10-Q
2019 Q2
Quarterly report
25 Jul 19
10-Q
2019 Q1
Quarterly report
24 Apr 19
10-K
2018 FY
Annual report
22 Feb 19
10-Q
2018 Q3
Quarterly report
24 Oct 18
10-Q
2018 Q2
Quarterly report
20 Jul 18
10-Q
2018 Q1
Quarterly report
25 Apr 18
10-K
2017 FY
Annual report
23 Feb 18
Current reports
8-K
Amendments to Articles of Incorporation or Bylaws
8 May 20
8-K
Submission of Matters to a Vote of Security Holders
8 May 20
8-K
Rli Increases Regular Dividend for the 45TH Consecutive Year
7 May 20
8-K
Conference Call Transcript
27 Apr 20
8-K
Rli Reports First Quarter 2020 Results
21 Apr 20
8-K
Entry into a Material Definitive Agreement
31 Mar 20
8-K/A
Changes in Registrant's Certifying Accountant
25 Feb 20
8-K
Rli Declares Regular Dividend
13 Feb 20
8-K
Conference Call Transcript
27 Jan 20
8-K
Rli Reports Fourth Quarter and Year-end 2019 Results
22 Jan 20
Registration and prospectus
S-8
Registration of securities for employees
7 May 15
424B5
Prospectus supplement for primary offering
27 Sep 13
424B5
Prospectus supplement for primary offering
25 Sep 13
FWP
Free writing prospectus
25 Sep 13
S-3ASR
Automatic shelf registration
17 Dec 12
S-8
Registration of securities for employees
7 May 10
POS AM
Prospectus update (post-effective amendment)
27 Dec 05
S-8
Registration of securities for employees
31 May 05
S-8
Registration of securities for employees
29 Apr 05
S-8
Registration of securities for employees
28 Jul 04
Proxies
DEFA14A
Additional proxy soliciting materials
23 Apr 20
DEFA14A
Additional proxy soliciting materials
6 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Mar 20
DEF 14A
Definitive proxy
26 Mar 20
PRE 14A
Preliminary proxy
5 Mar 20
DEF 14A
Definitive proxy
21 Mar 19
DEFA14A
Additional proxy soliciting materials
4 Apr 18
DEF 14A
Definitive proxy
22 Mar 18
PRE 14A
Preliminary proxy
22 Feb 18
DEF 14A
Definitive proxy
23 Mar 17
Other
UPLOAD
Letter from SEC
20 Feb 13
CORRESP
Correspondence with SEC
6 Feb 13
UPLOAD
Letter from SEC
25 Jan 13
CORRESP
Correspondence with SEC
9 Jan 13
CORRESP
Correspondence with SEC
2 Jan 13
UPLOAD
Letter from SEC
18 Dec 12
UPLOAD
Letter from SEC
13 Dec 10
CORRESP
Correspondence with SEC
18 Oct 10
CORRESP
Correspondence with SEC
8 Oct 10
UPLOAD
Letter from SEC
20 Sep 10
Ownership
4
RLI / MICHAEL J STONE ownership change
7 Jul 20
4/A
RLI / Debbie Sharell Roberts ownership change
11 May 20
4
RLI / Seth Anthony Davis ownership change
6 May 20
4
RLI / Aaron Paul Diefenthaler ownership change
5 May 20
4
RLI / Todd Wayne Bryant ownership change
5 May 20
4
RLI / Michael E Angelina ownership change
5 May 20
4
RLI / JOHN THOMAS BAILY ownership change
5 May 20
4
RLI / CALVIN BUTLER JR ownership change
5 May 20
4
RLI / David B. Duclos ownership change
5 May 20
4
RLI / Susan S. Fleming ownership change
5 May 20