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

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$63.03 -0.89 (-1.39 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$63.92
Today's Range$62.26 - $64.00
52-Week Range$53.55 - $67.17
Volume201,935 shs
Average Volume177,992 shs
Market Capitalization$3.76 billion
P/E Ratio20.27
Dividend Yield1.23%
Beta1.08
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

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

Debt

Debt-to-Equity Ratio0.25
Current Ratio0.33
Quick Ratio0.33

Price-To-Earnings

Trailing P/E Ratio20.27
Forward P/E Ratio18.65
P/E Growth1.16

Sales & Book Value

Annual Sales$2.47 billion
Price / Sales1.50
Cash Flow$4.0019 per share
Price / Cash Flow15.75
Book Value$29.34 per share
Price / Book2.15

Profitability

EPS (Most Recent Fiscal Year)$3.11
Net Income$168.82 million
Net Margins6.34%
Return on Equity11.62%
Return on Assets2.55%

Miscellaneous

Employees2,260
Outstanding Shares58,890,000
Market Cap$3.76 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 Thursday, October 25th. Stockholders of record on Thursday, November 15th will be given a dividend of $0.20 per share on Monday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Wednesday, November 14th. This is a boost from Selective Insurance Group's previous quarterly dividend of $0.18. View Selective Insurance Group's Dividend History.

How were Selective Insurance Group's earnings last quarter?

Selective Insurance Group (NASDAQ:SIGI) issued its earnings results on Thursday, October, 25th. The insurance provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.10. The insurance provider had revenue of $666.70 million for the quarter, compared to analyst estimates of $665.10 million. Selective Insurance Group had a net margin of 6.34% and a return on equity of 11.62%. 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 Thursday, February 7th 2019. View Earnings Estimates for Selective Insurance Group.

What price target have analysts set for SIGI?

5 analysts have issued 12 month price targets for Selective Insurance Group's stock. Their forecasts range from $61.00 to $62.00. On average, they expect Selective Insurance Group's stock price to reach $61.3333 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. 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’s have surpassed the industry in a year. The company is poised for top-line line growth riding on high retention ratio, pure renewal price increases and new business growth, premiums should consistently improve. Backed by a rising interest rate environment, the company raised its after-tax net investment income forecast to $156 million for 2018. 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." (11/15/2018)
  • 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)

Has Selective Insurance Group been receiving favorable news coverage?

News headlines about SIGI stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Selective Insurance Group earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news articles about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

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 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

Who are Selective Insurance Group's major shareholders?

Selective Insurance Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.32%), Vanguard Group Inc. (9.93%), Dimensional Fund Advisors LP (6.43%), Macquarie Group Ltd. (5.25%), Alliancebernstein L.P. (2.34%) and Bank of New York Mellon Corp (1.80%). Company insiders that own Selective Insurance Group stock include A David Brown, Cynthia S Nicholson, 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 Tributary Capital Management LLC, Alliancebernstein L.P., Dimensional Fund Advisors LP, JPMorgan Chase & Co., JPMorgan Chase & Co., Martingale Asset Management L P, William Blair Investment Management LLC and Systematic Financial Management LP. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Macquarie Group Ltd., Matarin Capital Management LLC, Morgan Stanley, Vanguard Group Inc., Man Group plc, Assenagon Asset Management S.A. and Renaissance Technologies 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 $63.03.

How big of a company is Selective Insurance Group?

Selective Insurance Group has a market capitalization of $3.76 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.

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:  242 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  471
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 12/10/2018 by MarketBeat.com Staff

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