How to Buy Rli Stock
Rli Corp
Rli is a property & casualty insurance company located in Illinois, United States, which is part of the Financial Services sector, and is traded under the ticker RLI on the NYSE exchange.
Rli stock last closed at $144.15, down 1.66% from the previous day, and has increased 2.69% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.18 percentage points. Rli stock is currently +17.15% from its 52-week low of $123.05, and -3.38% from its 52-week high of $149.20.
At the moment, there are 45.71M RLI shares outstanding. The market value of RLI is $6.59B. In the past 24 hours, 144,447 RLI shares were traded.
How to Buy Rli Stock
Not sure how to invest in Rli stock? Here's how.
- Decide where to buy Rli stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Rli stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your method of payment and add your details.
- Research Rli stock: The Rli ticker symbol is RLI. Is Rli stock a good investment? Should you buy shares of RLI? How do RLI's underlying business fundamentals look? Do top analysts think Rli is a good buy? Why has RLI's stock price moved recently? (Hint: Our stock analysis website can help you understand if RLI is a good stock to buy).
- Execute your RLI purchase: Decide if you will purchase RLI shares at the current market price or use a limit order to buy RLI shares at a particular price.
- Monitor your investment in RLI: Create a watchlist to keep track of your new investment in Rli stock.
Step 1: Decide where to buy Rli stock
You will need a brokerage account to access the NYSE market and buy RLI stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you can buy RLI stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on the best free stock trading app, you need to deposit funds:
Watch the video below for more details depositing funds into your investment account.
Step 4: Research Rli stock
After you have identified the best place to buy Rli stock, it's critical to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Rli Metrics
Rli Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on RLI's stock page.
Is RLI stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge RLI's true value.
Using relative valuations ratios:
- RLI may be overvalued based on its P/E ratio of 19.72x, relative to Insurance - Property & Casualty industry P/E ratio of 4.23x
- RLI may be overvalued based on its P/B ratio of 4.33x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
You can access additional valuation analysis on RLI's stock here.
RLI Financials at a glance
Passed Health Checks:
- RLI's operating cash flow of $465.98M allows it to safely service it's debt of $100.00M.
- RLI earnings of $421.38M is not enough to cover its interest payments.
- Total RLI debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- RLI has a relatively high debt to equity ratio of 2.51.
- RLI profit margin has gone down from 35.3% to 21% in the past year.
Do Wall Street analysts think it's a good time to buy RLI stock
Out of 4 sell side analysts who give recommendations on RLI, the consensus analyst rating on Rli is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Rli stock forecast page.
RLI Momentum
RLI Growth Metrics
Last year, RLI earnings were $333.70M. In the last 5 year, RLI's earnings have grown by 22.5% per year. This was faster than the Insurance - Property & Casualty industry average of 11.49%.
Last year, RLI revenue was $1.59B. Over the last five year, RLI's revenue has increased by 12.18% per year. This was faster than the Insurance - Property & Casualty industry average of 11.77%.
Dig into RLI's earnings and revenue performance here.
What are RLI insiders up to?
Over the last 12 months, executives and large shareholders at RLI have bought more shares than they have sold.
Jonathan E. Michael, Director of RLI, was the latest RLI insider to sell. They sold $2,212,929.18 worth of RLI stock on Feb 22, 2024.
Research more about who owns RLI stock here.
Can I get consistent income from RLI stock?
Rli pays a dividend of 2.14%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.61%. If you owned $1,000 of RLI stock, you would have received $21.37 last year.
Rli dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Rli dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your RLI purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in RLI
Now that you own some RLI stock, you'll want to stay up-to-date on your new investment.
Add RLI to a watchlist to see the latest developments about your RLI stock.
RLI Feed
How to Buy Stock in Rli
To summarize, here are the 6 steps to buy Rli stock:
- Decide where to buy Rli stock
- Create a brokerage account
- Put funds into your investment account
- Research Rli stock
- Execute your RLI purchase
- Monitor your investment in RLI
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Rli, click below.
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