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.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNASDAQ:SIGI
CUSIP81630010
Phone973-948-3000
Debt
Debt-to-Equity Ratio0.26
Current Ratio0.30
Quick Ratio0.30
Price-To-Earnings
Trailing P/E Ratio18.47
Forward P/E Ratio16.90
P/E Growth1.04
Sales & Book Value
Annual Sales$2.47 billion
Price / Sales1.37
Cash Flow$4.0601 per share
Price / Cash14.15
Book Value$29.34 per share
Price / Book1.96
Profitability
EPS (Most Recent Fiscal Year)$3.11
Net Income$168.82 million
Net Margins5.50%
Return on Equity9.58%
Return on Assets2.10%
Miscellaneous
Employees2,260
Outstanding Shares58,780,000
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 Thursday, May 3rd. Shareholders of record on Tuesday, May 15th will be paid a dividend of $0.18 per share on Friday, June 1st. This represents a $0.72 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Monday, May 14th. View Selective Insurance Group's Dividend History.
How were Selective Insurance Group's earnings last quarter?
Selective Insurance Group (NASDAQ:SIGI) announced its earnings results on Wednesday, May, 2nd. The insurance provider reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.54 by $0.08. The insurance provider earned $626.70 million during the quarter, compared to analyst estimates of $642.35 million. Selective Insurance Group had a net margin of 5.50% and a return on equity of 9.58%. The firm's revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 EPS. View Selective Insurance Group's Earnings History.
When is Selective Insurance Group's next earnings date?
What price target have analysts set for SIGI?
4 brokerages have issued twelve-month price targets for Selective Insurance Group's stock. Their predictions range from $59.00 to $62.00. On average, they anticipate Selective Insurance Group's stock price to reach $60.6667 in the next year. 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, "Selective Insurance Group, Inc. is a regional insurance holding company which, through its insurance subsidiaries, offers a broad range of property and casualty insurance products. Selective's commercial insurance products are directed to small- to medium-sized service-oriented businesses, governmental entities and selected classes of light industry. They also offer personal insurance products to individuals and families. " (6/13/2018)
- 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)
Who are some of Selective Insurance Group's key competitors?
Some companies that are related to Selective Insurance Group include Cna Financial (CNA), Cincinnati Financial (CINF), Arch Capital Group (ACGL), American Financial Group (AFG), Everest Re Group (RE), W. R. Berkley (WRB), Alleghany (Y), Validus (VR), Hanover Insurance Group (THG), RenaissanceRe (RNR), Axis Capital (AXS), Enstar Group (ESGR), Kemper (KMPR), White Mountains Insurance Group (WTM) and RLI (RLI).
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 62)
- Mr. John Joseph Marchioni CPCU, Pres & COO (Age 48)
- Mr. Mark Alexander Wilcox, Exec. VP & CFO (Age 50)
- Mr. Michael Haran Lanza, Exec. VP, Gen. Counsel & Chief Compliance Officer (Age 56)
- Mr. Joseph Eppers CFA, Sr. VP & Chief Investment Officer
Has Selective Insurance Group been receiving favorable news coverage?
Press coverage about SIGI stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Selective Insurance Group earned a media sentiment score of 0.03 on Accern's scale. They also gave media stories about the insurance provider an impact score of 45.41 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Selective Insurance Group's major shareholders?
Selective Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.96%), Dimensional Fund Advisors LP (7.11%), Northern Trust Corp (2.29%), Principal Financial Group Inc. (0.82%), Principal Financial Group Inc. (0.82%) and Millennium Management LLC (0.79%). Company insiders that own Selective Insurance Group stock include A David Brown, Cynthia S Nicholson, Dale A Thatcher, Gregory E Murphy, J Brian Thebault, John Burville, John J Marchioni, Kelley Ronald L O, Michael H Lanza, Michael J Morrissey, Paul D Bauer, Robert Kelly Doherty and William M Rue. View Institutional Ownership Trends for Selective Insurance Group.
Which institutional investors are selling Selective Insurance Group stock?
SIGI stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Citadel Advisors LLC, JPMorgan Chase & Co., Millennium Management LLC, BNP Paribas Arbitrage SA, Systematic Financial Management LP, Stevens Capital Management LP and California Public Employees Retirement System. Company insiders that have sold Selective Insurance Group company stock in the last year include J Brian Thebault, John Burville, Michael H Lanza, Michael J Morrissey and Paul D Bauer. View Insider Buying and Selling for Selective Insurance Group.
Which institutional investors are buying Selective Insurance Group stock?
SIGI stock was acquired by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, BlackRock Inc., WBI Investments Inc., Covington Investment Advisors Inc., Hsbc Holdings PLC, Fulton Bank N.A., Schwab Charles Investment Management Inc. and Principal Financial Group Inc.. 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 $57.45.
How big of a company is Selective Insurance Group?
Selective Insurance Group has a market capitalization of $3.38 billion and generates $2.47 billion in revenue each year. The insurance provider earns $168.82 million in net income (profit) each year or $3.11 on an earnings per share basis. Selective Insurance Group employs 2,260 workers across the globe.
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 (SIGI)
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.
