NASDAQ:SIGI

Selective Insurance Group Stock Forecast, Price & News

$80.80
-0.55 (-0.68 %)
(As of 08/2/2021 12:00 AM ET)
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Today's Range
$80.67
$82.83
50-Day Range
$74.47
$82.01
52-Week Range
$48.04
$82.82
Volume119,697 shs
Average Volume226,514 shs
Market Capitalization$4.85 billion
P/E Ratio11.53
Dividend Yield1.23%
Beta0.84
30 days | 90 days | 365 days | Advanced Chart
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Selective Insurance Group logo

About Selective Insurance Group

Selective Insurance Group, Inc. provides property and casualty insurance products. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to commercial customers, such as non-profit organizations and local government agencies. The Standard Personal Lines segment comprises of insurance products and services, including flood insurance coverage. The E&S Lines segment includes insurance products and services provided to customers who are not obtained coverage in the standard marketplace. The Investments segment invests the premiums collected by various segments; and engages in the issuance of debt and equity securities. Selective Insurance Group was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.

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MarketRank

Overall MarketRank

2.49 out of 5 stars

Finance Sector

254th out of 2,048 stocks

Fire, Marine, & Casualty Insurance Industry

23rd out of 93 stocks

Analyst Opinion: 1.1Community Rank: 4.3Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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Selective Insurance Group (NASDAQ:SIGI) Frequently Asked Questions

Is Selective Insurance Group a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Selective Insurance Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIGI, but not buy additional shares or sell existing shares.
View analyst ratings for Selective Insurance Group
or view top-rated stocks.

What stocks does MarketBeat like better than Selective Insurance Group?

Wall Street analysts have given Selective Insurance Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Selective Insurance Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Selective Insurance Group?

Selective Insurance Group saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 702,500 shares, a decrease of 18.7% from the June 30th total of 864,000 shares. Based on an average trading volume of 222,400 shares, the short-interest ratio is currently 3.2 days. Approximately 1.2% of the shares of the company are short sold.
View Selective Insurance Group's Short Interest
.

When is Selective Insurance Group's next earnings date?

Selective Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Selective Insurance Group
.

How were Selective Insurance Group's earnings last quarter?

Selective Insurance Group, Inc. (NASDAQ:SIGI) issued its earnings results on Wednesday, July, 28th. The insurance provider reported $1.85 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.36 by $0.49. Selective Insurance Group had a net margin of 13.23% and a trailing twelve-month return on equity of 15.42%.
View Selective Insurance Group's earnings history
.

How has Selective Insurance Group's stock price been impacted by COVID-19 (Coronavirus)?

Selective Insurance Group's stock was trading at $51.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SIGI shares have increased by 56.0% and is now trading at $80.80.
View which stocks have been most impacted by COVID-19
.

How often does Selective Insurance Group pay dividends? What is the dividend yield for Selective Insurance Group?

Selective Insurance Group announced a quarterly dividend on Wednesday, July 28th. Investors of record on Friday, August 13th will be paid a dividend of $0.25 per share on Wednesday, September 1st. This represents a $1.00 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Thursday, August 12th.
View Selective Insurance Group's dividend history
.

Is Selective Insurance Group a good dividend stock?

Selective Insurance Group pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.23%. Selective Insurance Group has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Selective Insurance Group is 24.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Selective Insurance Group will have a dividend payout ratio of 18.87% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.
View Selective Insurance Group's dividend history.

What price target have analysts set for SIGI?

5 Wall Street analysts have issued 12 month price targets for Selective Insurance Group's shares. Their forecasts range from $71.00 to $85.00. On average, they expect Selective Insurance Group's share price to reach $79.75 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for Selective Insurance Group
or view top-rated stocks among Wall Street analysts.

Who are Selective Insurance Group's key executives?

Selective Insurance Group's management team includes the following people:
  • John J. Marchioni, President, Chief Executive Officer & Director
  • Mark Alexander Wilcox, Chief Financial Officer & Executive Vice President
  • John Bresney, Chief Information Officer & Executive VP
  • Michael H. Lanza, Chief Compliance Officer, EVP & General Counsel
  • Cyndi Bennett, Chief Human Resources Officer & Executive VP

What is John Marchioni's approval rating as Selective Insurance Group's CEO?

10 employees have rated Selective Insurance Group CEO John Marchioni on Glassdoor.com. John Marchioni has an approval rating of 70% among Selective Insurance Group's employees.

Who are some of Selective Insurance Group's key competitors?

What other stocks do shareholders of Selective Insurance Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Selective Insurance Group investors own include AbbVie (ABBV), Pfizer (PFE), Simon Property Group (SPG), Abbott Laboratories (ABT), Gilead Sciences (GILD), International Paper (IP), The Coca-Cola (KO), Altria Group (MO), Public Service Enterprise Group (PEG) and Starbucks (SBUX).

What is Selective Insurance Group's stock symbol?

Selective Insurance Group trades on the NASDAQ under the ticker symbol "SIGI."

Who are Selective Insurance Group's major shareholders?

Selective Insurance Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (2.45%), Vaughan Nelson Investment Management L.P. (1.00%), Boston Trust Walden Corp (0.74%), Chartwell Investment Partners LLC (0.62%), Monarch Partners Asset Management LLC (0.14%) and New York State Common Retirement Fund (0.09%). Company insiders that own Selective Insurance Group stock include Colby 2014 Family Trust, Cynthia S Nicholson, Gregory E Murphy, Michael J Morrissey, Terrence W Cavanaugh and William M Rue.
View institutional ownership trends for Selective Insurance Group
.

Which major investors are selling Selective Insurance Group stock?

SIGI stock was sold by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Chartwell Investment Partners LLC, New York State Common Retirement Fund, Arizona State Retirement System, and Sterling Financial Planning Inc.. Company insiders that have sold Selective Insurance Group company stock in the last year include Colby 2014 Family Trust, Cynthia S Nicholson, Gregory E Murphy, Michael J Morrissey, and William M Rue.
View insider buying and selling activity for Selective Insurance Group
or view top insider-selling stocks.

Which major investors are buying Selective Insurance Group stock?

SIGI stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Boston Trust Walden Corp, Monarch Partners Asset Management LLC, Alliancebernstein L.P., Dupont Capital Management Corp, New Mexico Educational Retirement Board, HGK Asset Management Inc., and Landsberg Bennett & Dubbaneh LLC. Company insiders that have bought Selective Insurance Group stock in the last two years include Terrence W Cavanaugh, and William M Rue.
View insider buying and selling activity for Selective Insurance Group
or or view top insider-buying stocks.

How do I buy shares of Selective Insurance Group?

Shares of SIGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Selective Insurance Group's stock price today?

One share of SIGI stock can currently be purchased for approximately $80.80.

How much money does Selective Insurance Group make?

Selective Insurance Group has a market capitalization of $4.85 billion and generates $2.92 billion in revenue each year. The insurance provider earns $246.35 million in net income (profit) each year or $4.15 on an earnings per share basis.

How many employees does Selective Insurance Group have?

Selective Insurance Group employs 2,400 workers across the globe.

What is Selective Insurance Group's official website?

The official website for Selective Insurance Group is www.selective.com.

Where are Selective Insurance Group's headquarters?

Selective Insurance Group is headquartered at 40 WANTAGE AVENUE, BRANCHVILLE NJ, 07890.

How can I contact Selective Insurance Group?

Selective Insurance Group's mailing address is 40 WANTAGE AVENUE, BRANCHVILLE NJ, 07890. The insurance provider can be reached via phone at (973) 948-3000 or via email at [email protected]


This page was last updated on 8/2/2021 by MarketBeat.com Staff
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