NASDAQ:SIGI Selective Insurance Group (SIGI) Stock Price, News & Analysis $91.12 +2.27 (+2.55%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$89.35▼$91.2550-Day Range$82.08▼$101.2052-Week Range$81.00▼$109.58Volume795,708 shsAverage Volume349,118 shsMarket Capitalization$5.54 billionP/E Ratio16.10Dividend Yield1.54%Price Target$98.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Selective Insurance Group alerts: Email Address Selective Insurance Group MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside8.3% Upside$98.67 Price TargetShort InterestHealthy2.19% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment0.46Based on 41 Articles This WeekInsider TradingAcquiring Shares$372,244 Bought Last QuarterProj. Earnings Growth60.48%From $5.01 to $8.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.58 out of 5 starsFinance Sector106th out of 898 stocksFire, Marine, & Casualty Insurance Industry11th out of 54 stocks 2.1 Analyst's Opinion Consensus RatingSelective Insurance Group has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageSelective Insurance Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Selective Insurance Group's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.19% of the outstanding shares of Selective Insurance Group have been sold short.Short Interest Ratio / Days to CoverSelective Insurance Group has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Selective Insurance Group has recently increased by 6.40%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSelective Insurance Group pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSelective Insurance Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Selective Insurance Group is 24.74%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Selective Insurance Group will have a dividend payout ratio of 17.41% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.Read more about Selective Insurance Group's dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSelective Insurance Group has received a -21.54% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Physical diseases". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Builder's risk insurance for businesses", "Passenger car insurance services for individuals", and "Passenger car insurance services for businesses" products. See details.Environmental SustainabilityThe Environmental Impact score for Selective Insurance Group is -0.82. Previous Next 3.0 News and Social Media Coverage News SentimentSelective Insurance Group has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 41 news articles for Selective Insurance Group this week, compared to 4 articles on an average week.Search Interest6 people have searched for SIGI on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat Follows2 people have added Selective Insurance Group to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Selective Insurance Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $372,244.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of Selective Insurance Group is held by insiders.Percentage Held by Institutions82.88% of the stock of Selective Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Selective Insurance Group's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Selective Insurance Group are expected to grow by 60.48% in the coming year, from $5.01 to $8.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Selective Insurance Group is 16.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Selective Insurance Group is 16.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.89.Price to Earnings Growth RatioSelective Insurance Group has a PEG Ratio of 1.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSelective Insurance Group has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Selective Insurance Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Selective Insurance Group Stock (NASDAQ:SIGI)Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.Read More SIGI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIGI Stock News HeadlinesJuly 24 at 5:34 AM | insidertrades.comTerrence W. Cavanaugh Acquires 2,000 Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) StockJuly 23, 2024 | insidertrades.comSelective Insurance Group, Inc. (NASDAQ:SIGI) CEO John J. Marchioni Buys 2,400 SharesJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 10:34 AM | americanbankingnews.comSelective Insurance Group, Inc. (NASDAQ:SIGI) Director Terrence W. Cavanaugh Acquires 2,000 SharesJuly 25 at 8:10 AM | americanbankingnews.comSelective Insurance Group (NASDAQ:SIGI) Price Target Raised to $95.00 at BMO Capital MarketsJuly 24 at 11:54 AM | americanbankingnews.comSelective Insurance Group (NASDAQ:SIGI) Given "Market Perform" Rating at JMP SecuritiesJuly 24 at 2:32 AM | americanbankingnews.comSelective Insurance Group (NASDAQ:SIGI) Shares Gap Up After Insider Buying ActivityJuly 23, 2024 | finance.yahoo.comDirector Terrence Cavanaugh Acquires Shares of Selective Insurance Group Inc (SIGI)July 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 23, 2024 | msn.comKeefe, Bruyette & Woods Upgrades Selective Insurance Group (SIGI)July 23, 2024 | americanbankingnews.comPiper Sandler Cuts Selective Insurance Group (NASDAQ:SIGI) Price Target to $85.00July 23, 2024 | americanbankingnews.comSelective Insurance Group (NASDAQ:SIGI) PT Lowered to $96.00July 23, 2024 | americanbankingnews.comSelective Insurance Group, Inc. (NASDAQ:SIGI) Given Consensus Rating of "Hold" by AnalystsJuly 23, 2024 | americanbankingnews.comSelective Insurance Group, Inc. (NASDAQ:SIGI) CEO John J. Marchioni Purchases 2,400 SharesJuly 22, 2024 | markets.businessinsider.comBreaking Down Selective Insurance Gr: 5 Analysts Share Their ViewsJuly 22, 2024 | markets.businessinsider.comSelective Insurance Analysts Cut Their Forecasts After Downbeat EarningsJuly 22, 2024 | americanbankingnews.comSelective Insurance Group (NASDAQ:SIGI) Upgraded to Outperform by Keefe, Bruyette & WoodsJuly 22, 2024 | benzinga.comSelective Insurance Analysts Cut Their Forecasts After Downbeat EarningsSee More Headlines Receive SIGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Selective Insurance Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/3 Dividend5/14/2024Dividend Payable6/03/2024Last Earnings7/18/2024Today7/26/2024Ex-Dividend for 9/3 Dividend8/15/2024Dividend Payable9/03/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNASDAQ:SIGI CUSIP81630010 CIK230557 Webwww.selective.com Phone(973) 948-3000Fax973-948-0282Employees2,650Year Founded1926Price Target and Rating Average Stock Price Target$98.67 High Stock Price Target$120.00 Low Stock Price Target$85.00 Potential Upside/Downside+8.3%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.66 Trailing P/E Ratio16.10 Forward P/E Ratio18.19 P/E Growth1.09Net Income$365.24 million Net Margins5.12% Pretax Margin10.15% Return on Equity8.80% Return on Assets2.00% Debt Debt-to-Equity Ratio0.18 Current Ratio0.30 Quick Ratio0.30 Sales & Book Value Annual Sales$4.23 billion Price / Sales1.31 Cash Flow$6.83 per share Price / Cash Flow13.34 Book Value$45.46 per share Price / Book2.00Miscellaneous Outstanding Shares60,790,000Free Float59,880,000Market Cap$5.54 billion OptionableOptionable Beta0.54 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. John Joseph Marchioni CPCU (Age 54)CEO, President & Chairman Comp: $3.09MMr. Anthony David Harnett (Age 51)Senior VP & Chief Accounting Officer and Interim CFO Comp: $770.19kMr. Michael Haran Lanza (Age 62)Executive VP, General Counsel & Chief Compliance Officer Comp: $1.15MMs. Brenda Marie Hall (Age 53)Executive VP & COO of Standard Lines Comp: $1.19MMr. Vincent Matthew Senia (Age 60)Executive VP & Chief Actuary Comp: $991.73kMr. Joseph Owen Eppers CFA (Age 55)Executive VP & Chief Investment Officer Mr. Brad Bryant WilsonSenior VP of Investor Relations & TreasurerMr. Rohit MullExecutive VP, Chief Marketing & Innovation OfficerMs. Lucinda BennettExecutive VP & Chief HR OfficerMr. Jeffrey Francis Kamrowski (Age 59)Executive Vice President of MUSIC More ExecutivesKey CompetitorsPalomarNASDAQ:PLMRLemonadeNYSE:LMNDRootNASDAQ:ROOTMediaAlphaNYSE:MAXErie IndemnityNASDAQ:ERIEView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 117,220 shares on 7/26/2024Ownership: 1.153%Allspring Global Investments Holdings LLCSold 2,832 shares on 7/26/2024Ownership: 0.024%State of Michigan Retirement SystemSold 200 shares on 7/26/2024Ownership: 0.024%Tributary Capital Management LLCBought 728 shares on 7/25/2024Ownership: 0.461%Louisiana State Employees Retirement SystemSold 300 shares on 7/24/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions SIGI Stock Analysis - Frequently Asked Questions How have SIGI shares performed this year? Selective Insurance Group's stock was trading at $99.48 at the beginning of 2024. Since then, SIGI stock has decreased by 8.4% and is now trading at $91.12. View the best growth stocks for 2024 here. How were Selective Insurance Group's earnings last quarter? Selective Insurance Group, Inc. (NASDAQ:SIGI) issued its earnings results on Thursday, July, 18th. The insurance provider reported ($1.10) EPS for the quarter, missing analysts' consensus estimates of $1.49 by $2.59. The insurance provider earned $1.20 billion during the quarter, compared to analysts' expectations of $1.21 billion. Selective Insurance Group had a net margin of 5.12% and a trailing twelve-month return on equity of 8.80%. What is John Marchioni's approval rating as Selective Insurance Group's CEO? 10 employees have rated Selective Insurance Group Chief Executive Officer John Marchioni on Glassdoor.com. John Marchioni has an approval rating of 70% among the company's employees. Who are Selective Insurance Group's major shareholders? Selective Insurance Group's top institutional shareholders include Boston Trust Walden Corp (1.63%), Bank of New York Mellon Corp (1.15%), Vaughan Nelson Investment Management L.P. (1.01%) and Tributary Capital Management LLC (0.46%). Insiders that own company stock include John J Marchioni, J Brian Thebault, John Burville, Terrence W Cavanaugh, Cynthia S Nicholson, Vincent M Senia, Brenda M Hall, Wole C Coaxum, Wole C Coaxum, Michael J Morrissey and Gregory E Murphy. View institutional ownership trends. How do I buy shares of Selective Insurance Group? Shares of SIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Selective Insurance Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Selective Insurance Group investors own include AbbVie (ABBV), Pfizer (PFE), Simon Property Group (SPG), Abbott Laboratories (ABT), Gilead Sciences (GILD), International Paper (IP) and Coca-Cola (KO). This page (NASDAQ:SIGI) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredThe #1 Crypto for 2024 (3 Cent Coin)Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | SponsoredAlex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time ...The Oxford Club | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands o...Monument Traders Alliance | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Selective Insurance Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Selective Insurance Group With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
