Selective Insurance Group Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Selective Insurance Group stock.
View analyst ratings for Selective Insurance Group or view top-rated stocks.

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Selective Insurance Group saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 709,000 shares, a decrease of 19.9% from the March 15th total of 884,700 shares. Based on an average trading volume of 242,200 shares, the short-interest ratio is currently 2.9 days. Approximately 1.2% of the company's stock are sold short.
View Selective Insurance Group's Short Interest.

Selective Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Selective Insurance Group.

Selective Insurance Group, Inc. (NASDAQ:SIGI) posted its quarterly earnings results on Wednesday, April, 28th. The insurance provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.73. The insurance provider had revenue of $803.90 million for the quarter, compared to the consensus estimate of $756.43 million. Selective Insurance Group had a trailing twelve-month return on equity of 9.84% and a net margin of 7.05%. The business's revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.84 earnings per share.
View Selective Insurance Group's earnings history.

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 41.9% and is now trading at $73.52.
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Selective Insurance Group announced a quarterly dividend on Wednesday, April 28th. Shareholders of record on Friday, May 14th will be paid a dividend of $0.25 per share on Tuesday, June 1st. This represents a $1.00 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, May 13th.
View Selective Insurance Group's dividend history.

Selective Insurance Group pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.30%. 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 22.73%. 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 23.53% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.
View Selective Insurance Group's dividend history.

4 brokerages have issued 12-month price targets for Selective Insurance Group's stock. Their forecasts range from $71.00 to $80.00. On average, they anticipate Selective Insurance Group's share price to reach $74.00 in the next year. This suggests a possible upside of 0.7% from the stock's current price.
View analysts' price targets for Selective Insurance Group or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Selective Insurance Group include The Progressive (PGR), The Allstate (ALL), The Travelers Companies (TRV), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), CNA Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), The Hanover Insurance Group (THG), RLI (RLI) and AXIS Capital (AXS).
View all of SIGI's competitors.

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).

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

Selective Insurance Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.78%), Alliancebernstein L.P. (2.41%), Victory Capital Management Inc. (1.62%), Systematic Financial Management LP (0.71%), Tributary Capital Management LLC (0.68%) and Chartwell Investment Partners LLC (0.62%). Company insiders that own Selective Insurance Group stock include Cynthia S Nicholson, Gregory E Murphy, 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 Tributary Capital Management LLC, GW&K Investment Management LLC, Systematic Financial Management LP, Peregrine Capital Management LLC, Smith Graham & Co. Investment Advisors LP, The Manufacturers Life Insurance Company , Victory Capital Management Inc., and Rhumbline Advisers. Company insiders that have sold Selective Insurance Group company stock in the last year include Cynthia S Nicholson, Gregory E Murphy, and William M Rue.
View insider buying and selling activity for Selective Insurance Group or view top insider-selling stocks.

SIGI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Boston Trust Walden Corp, Principal Financial Group Inc., Brinker Capital Investments LLC, Alliancebernstein L.P., Royce & Associates LP, and UBS Group AG. 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.

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.
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One share of SIGI stock can currently be purchased for approximately $73.52.

Selective Insurance Group has a market capitalization of $4.41 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.

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

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

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]