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

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

Selective Insurance Group declared a quarterly dividend on Thursday, January 30th. Stockholders of record on Friday, February 14th will be given a dividend of $0.23 per share on Monday, March 2nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, February 13th. View Selective Insurance Group's Dividend History.

Selective Insurance Group (NASDAQ:SIGI) released its quarterly earnings data on Thursday, January, 30th. The insurance provider reported $1.37 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.09 by $0.28. The insurance provider had revenue of $728.90 million for the quarter, compared to analyst estimates of $722.70 million. Selective Insurance Group had a net margin of 9.55% and a return on equity of 12.72%. The firm's quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.20 earnings per share. View Selective Insurance Group's Earnings History.

Selective Insurance Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Selective Insurance Group.

2 brokerages have issued 1-year target prices for Selective Insurance Group's stock. Their forecasts range from $75.00 to $75.00. On average, they anticipate Selective Insurance Group's stock price to reach $75.00 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Selective Insurance Group.

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

Media headlines about SIGI stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media 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 closest to five being the most favorable. Selective Insurance Group earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Selective Insurance Group.

Selective Insurance Group saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 631,700 shares, an increase of 11.7% from the December 31st total of 565,600 shares. Based on an average daily volume of 284,900 shares, the short-interest ratio is presently 2.2 days. Currently, 1.1% of the shares of the company are sold short. View Selective Insurance Group's Current Options Chain.

Some companies that are related to Selective Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and Axis Capital (AXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Selective Insurance Group investors own include Methanex (MEOH), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Marathon Petroleum (MPC), Public Service Enterprise Group (PEG), Pfizer (PFE), Sonoco Products (SON), Wells Fargo & Co (WFC), Exxon Mobil (XOM) and Gilead Sciences (GILD).

Selective Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.58%), Goldman Sachs Group Inc. (2.14%), Alliancebernstein L.P. (2.13%), Bank of New York Mellon Corp (1.67%), Geode Capital Management LLC (1.55%) and Vaughan Nelson Investment Management L.P. (1.43%). Company insiders that own Selective Insurance Group stock include Cynthia S Nicholson, Gregory E Murphy, J Brian Thebault, John Burville, John J Marchioni, Michael H Lanza, Michael J Morrissey, Paul D Bauer, Terrence W Cavanaugh and William M Rue. View Institutional Ownership Trends for Selective Insurance Group.

SIGI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Bank of America Corp DE, Cramer Rosenthal Mcglynn LLC, Stifel Financial Corp, William Blair Investment Management LLC, Jane Street Group LLC and Chartwell Investment Partners LLC. Company insiders that have sold Selective Insurance Group company stock in the last year include Cynthia S Nicholson, Michael H Lanza and William M Rue. View Insider Buying and Selling for Selective Insurance Group.

SIGI stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Rothschild & Co. Asset Management US Inc., Eaton Vance Management, State Street Corp, Renaissance Technologies LLC, Panagora Asset Management Inc., Connor Clark & Lunn Investment Management Ltd. and UBS Group AG. View Insider Buying and Selling for 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.

One share of SIGI stock can currently be purchased for approximately $65.08.

Selective Insurance Group has a market capitalization of $3.88 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.View Additional Information About Selective Insurance Group.

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

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]