NASDAQ:SIGI - Selective Insurance Group Stock Price, News, & Analysis

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$66.14 -0.02 (-0.03 %)
(As of 02/19/2019 02:13 PM ET)
Previous Close$66.16
Today's Range$65.06 - $66.56
52-Week Range$53.55 - $67.17
Volume3,717 shs
Average Volume154,111 shs
Market Capitalization$3.89 billion
P/E Ratio18.06
Dividend Yield1.22%
Beta0.9
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates in four segments: Standard Commercial Lines, Standard Personal Lines, Excess and Surplus (E&S) 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. Its products and services also comprise flood insurance. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail insurance agents and brokers, and wholesale general agents. In addition, it invests in the premiums collected by Standard Commercial Lines, Standard Personal Lines, and E&S Lines segments on fixed income investments and preferred stocks, equity securities, and alternative investment portfolio. Selective Insurance Group, Inc. was founded in 1925 and is headquartered in Branchville, New Jersey.

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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$2.59 billion
Cash Flow$4.0727 per share
Book Value$30.43 per share

Profitability

Net Income$178.90 million

Miscellaneous

Employees2,260
Market Cap$3.89 billion
OptionableOptionable

Selective Insurance Group (NASDAQ:SIGI) Frequently Asked Questions

What is Selective Insurance Group's stock symbol?

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

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

Selective Insurance Group declared a quarterly dividend on Tuesday, February 5th. Shareholders of record on Friday, February 15th will be paid a dividend of $0.20 per share on Friday, March 1st. This represents a $0.80 annualized dividend and a yield of 1.21%. The ex-dividend date is Thursday, February 14th. View Selective Insurance Group's Dividend History.

How were Selective Insurance Group's earnings last quarter?

Selective Insurance Group (NASDAQ:SIGI) released its earnings results on Thursday, January, 31st. The insurance provider reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.26. The insurance provider had revenue of $680.90 million for the quarter, compared to the consensus estimate of $661.70 million. Selective Insurance Group had a return on equity of 12.69% and a net margin of 6.92%. View Selective Insurance Group's Earnings History.

When is Selective Insurance Group's next earnings date?

Selective Insurance Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Selective Insurance Group.

What price target have analysts set for SIGI?

5 Wall Street analysts have issued 12 month target prices for Selective Insurance Group's stock. Their forecasts range from $61.00 to $62.00. On average, they expect Selective Insurance Group's share price to reach $61.3333 in the next year. This suggests that the stock has a possible downside of 7.2%. View Analyst Price Targets for Selective Insurance Group.

What is the consensus analysts' recommendation for 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 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Selective Insurance Group.

What are Wall Street analysts saying about Selective Insurance Group stock?

Here are some recent quotes from research analysts about Selective Insurance Group stock:
  • 1. According to Zacks Investment Research, "Shares of Selective Insurance have outperformed the industry in a year's time. The company is poised for top-line growth riding on high retention ratio, pure renewal price increases and new business growth. Backed by a rising interest rate environment, the company projects after-tax net investment income of $175 million for 2019. Geographic expansion plays a vital role when it comes to growth and diversification. The company also remains committed to adding shareholder value via effective capital deployment. However, exposure to cat loss poses an inherent risk to the P&C business, rendering volatility to the company’s earnings. Rising expenses remain a concern as it might restrict the operating margin expansion." (2/14/2019)
  • 2. Boenning Scattergood analysts commented, "We maintain our Neutral rating. Key Points: Operating Results: Selective reported 1Q18 operating EPS of $0.46 versus our estimate of $0.42 and consensus of $0.48. The beat to our estimate reflects better-than-expected investment income, lower corporate expenses, and a lower effective tax rate. Operating EPS excludes $0.14 per share of realized and unrealized capital losses. Premium Production: Net written premium growth of 4.3% modestly missed our 4.8% growth projection, almost entirely due to a decline in the Excess & Surplus Lines segment premium. Renewal pricing in the Standard Commercial segment increased 3.2% and retention improved slightly to 85%. Standard Commercial new business increased 9% versus 1Q17. Year-over- year new business increased 4% in Standard Personal while the Excess & Surplus Lines segment saw new business decline by 23% due to difficult market conditions. Underwriting Income: Underwriting results were in-line." (5/3/2018)

Has Selective Insurance Group been receiving favorable news coverage?

News coverage about SIGI stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Selective Insurance Group earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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

Who are Selective Insurance Group's key executives?

Selective Insurance Group's management team includes the folowing 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

Who are Selective Insurance Group's major shareholders?

Selective Insurance Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.21%), Dimensional Fund Advisors LP (6.14%), Macquarie Group Ltd. (4.57%), Northern Trust Corp (2.35%), Bank of New York Mellon Corp (1.77%) and Vaughan Nelson Investment Management L.P. (1.47%). Company insiders that own Selective Insurance Group stock include A David Brown, Gregory E Murphy, J Brian Thebault, John Burville, John J Marchioni, Kelley Ronald L O, Michael H Lanza, Michael J Morrissey, Paul D Bauer, 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 Macquarie Group Ltd., Dimensional Fund Advisors LP, BlackRock Inc., Assenagon Asset Management S.A., Bank of America Corp DE, Barclays PLC, Bank of New York Mellon Corp and Prudential Financial Inc.. Company insiders that have sold Selective Insurance Group company stock in the last year include J Brian Thebault, John J Marchioni, Michael H Lanza, Michael J Morrissey and Paul D Bauer. View Insider Buying and Selling for Selective Insurance Group.

Which major investors are buying Selective Insurance Group stock?

SIGI stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Mesirow Financial Investment Management Equity Management, PNC Financial Services Group Inc., Stifel Financial Corp, Natixis Advisors L.P., Hsbc Holdings PLC, Bank of Montreal Can and Roundview Capital LLC. View Insider Buying and Selling for Selective Insurance Group.

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, Scottrade, Fidelity and Charles Schwab.

What is Selective Insurance Group's stock price today?

One share of SIGI stock can currently be purchased for approximately $66.11.

How big of a company is Selective Insurance Group?

Selective Insurance Group has a market capitalization of $3.89 billion and generates $2.59 billion in revenue each year. The insurance provider earns $178.90 million in net income (profit) each year or $3.66 on an earnings per share basis. Selective Insurance Group employs 2,260 workers across the globe.

What is Selective Insurance Group's official website?

The official website for Selective Insurance Group is http://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]


MarketBeat Community Rating for Selective Insurance Group (NASDAQ SIGI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  249 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  486
MarketBeat's community ratings are surveys of what our community members think about Selective Insurance Group and other stocks. Vote "Outperform" if you believe SIGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SIGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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