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NASDAQ:SIGISelective Insurance Group Stock Price, Forecast & News

$51.93
+0.37 (+0.72 %)
(As of 07/7/2020 04:00 PM ET)
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Today's Range
$51.35
Now: $51.93
$52.82
50-Day Range
$46.52
MA: $52.30
$57.96
52-Week Range
$37.05
Now: $51.93
$81.35
Volume193,100 shs
Average Volume335,263 shs
Market Capitalization$3.10 billion
P/E Ratio13.85
Dividend Yield1.77%
Beta0.73
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, Excess and Surplus Lines, and Investments. The company's products and services include property insurance, which covers the financial consequences of accidental loss of an insured's real and/or personal property; and casualty insurance that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party as a result of an insured's negligent acts, omissions, or legal liabilities. It also offers flood insurance products. The company provides its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. In addition, it invests in fixed income investments and preferred stocks, equity securities, and alternative investment portfolio. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.76 out of 5 stars


Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:SIGI
CUSIP81630010
Phone973-948-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.85 billion
Cash Flow$5.42 per share
Book Value$36.95 per share

Profitability

Net Income$271.62 million

Miscellaneous

Employees2,400
Market Cap$3.10 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Selective Insurance Group (NASDAQ:SIGI) Frequently Asked Questions

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

Selective Insurance Group's stock was trading at $51.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SIGI shares have increased by 0.3% and is now trading at $51.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Selective Insurance Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Selective Insurance Group.

When is Selective Insurance Group's next earnings date?

Selective Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Selective Insurance Group.

How were Selective Insurance Group's earnings last quarter?

Selective Insurance Group (NASDAQ:SIGI) announced its quarterly earnings data on Tuesday, May, 5th. The insurance provider reported $0.84 EPS for the quarter, missing the consensus estimate of $1.02 by $0.18. The insurance provider earned $664.80 million during the quarter, compared to analyst estimates of $734.04 million. Selective Insurance Group had a net margin of 8.02% and a return on equity of 12.30%. The business's quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.90 EPS. View Selective Insurance Group's earnings history.

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 Tuesday, May 5th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.23 per share on Monday, June 1st. This represents a $0.92 annualized dividend and a yield of 1.77%. The ex-dividend date is Friday, May 15th. View Selective Insurance Group's dividend history.

What price target have analysts set for SIGI?

5 brokerages have issued 12-month price targets for Selective Insurance Group's shares. Their forecasts range from $48.00 to $75.00. On average, they expect Selective Insurance Group's share price to reach $60.00 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price. View analysts' price targets for Selective Insurance Group.

Has Selective Insurance Group been receiving favorable news coverage?

News coverage about SIGI stock has trended negative on Wednesday, InfoTrie reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Selective Insurance Group earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Selective Insurance Group.

Are investors shorting Selective Insurance Group?

Selective Insurance Group saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 567,700 shares, a decline of 18.9% from the June 15th total of 699,700 shares. Based on an average trading volume of 343,800 shares, the short-interest ratio is currently 1.7 days. Approximately 1.0% of the company's stock are sold short. View Selective Insurance Group's Current Options Chain.

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), Gilead Sciences (GILD), International Paper (IP), Altria Group (MO), Public Service Enterprise Group (PEG), Sherwin-Williams (SHW), Southern (SO), TJX Companies (TJX) and UnitedHealth Group (UNH).

Who are Selective Insurance Group's key executives?

Selective Insurance Group's management team includes the following people:
  • Mr. Gregory Edward Murphy, Chairman & CEO (Age 63)
  • Mr. John Joseph Marchioni CPCU, Pres & COO (Age 49)
  • Mr. Mark Alexander Wilcox, Exec. VP & CFO (Age 51)
  • Mr. Michael Haran Lanza, Exec. VP, Gen. Counsel & Chief Compliance Officer (Age 57)
  • Mr. Joseph Eppers CFA, Sr. VP & Chief Investment Officer

What is Selective Insurance Group's stock symbol?

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

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Selective Insurance Group's stock price today?

One share of SIGI stock can currently be purchased for approximately $51.93.

How big of a company is Selective Insurance Group?

Selective Insurance Group has a market capitalization of $3.10 billion and generates $2.85 billion in revenue each year. The insurance provider earns $271.62 million in net income (profit) each year or $4.40 on an earnings per share basis. 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.

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 7/8/2020 by MarketBeat.com Staff

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