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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Ford, Starbucks fall; Clorox, Gilead Sciences rise
Skull found in '97 in remote Alaska belongs to New York man
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
State of the Union: Biden sees economic glow, GOP sees gloom
New California oil well ban put on hold for voters to decide
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Ford, Starbucks fall; Clorox, Gilead Sciences rise
Skull found in '97 in remote Alaska belongs to New York man
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
State of the Union: Biden sees economic glow, GOP sees gloom
New California oil well ban put on hold for voters to decide
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Ford, Starbucks fall; Clorox, Gilead Sciences rise
Skull found in '97 in remote Alaska belongs to New York man
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
State of the Union: Biden sees economic glow, GOP sees gloom
New California oil well ban put on hold for voters to decide
NASDAQ:SIGI

Selective Insurance Group - SIGI Stock Forecast, Price & News

$100.90
+6.18 (+6.52%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$93.41
$102.78
50-Day Range
$86.08
$100.90
52-Week Range
$66.81
$102.78
Volume
654,828 shs
Average Volume
218,201 shs
Market Capitalization
$6.08 billion
P/E Ratio
28.50
Dividend Yield
1.27%
Price Target
$95.50

Selective Insurance Group MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
5.4% Downside
$95.50 Price Target
Short Interest
Healthy
1.77% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.82
Upright™ Environmental Score
News Sentiment
0.66mentions of Selective Insurance Group in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$825,796 Sold Last Quarter
Proj. Earnings Growth
15.05%
From $5.98 to $6.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Finance Sector

435th out of 858 stocks

Fire, Marine, & Casualty Insurance Industry

23rd out of 47 stocks

SIGI stock logo

About Selective Insurance Group (NASDAQ:SIGI) Stock

Selective Insurance Group, Inc. provides property and casualty insurance products. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to commercial customers, such as non-profit organizations and local government agencies. The Standard Personal Lines segment consists of insurance products and services, including flood insurance coverage. The E&S Lines segment includes insurance products and services provided to customers who have not obtained coverage in the standard marketplace. The Investments segment includes premiums collected by various segments and engages in the issuance of debt and equity securities. Selective Insurance Group was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.

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SIGI Stock News Headlines

Selective Insurance Group (NASDAQ:SIGI) Issues Earnings Results
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Why Should You Stay Invested in Selective Insurance (SIGI)
SIGI Selective Insurance Group, Inc.
See More Headlines
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SIGI Company Calendar

Ex-Dividend for 12/1 Dividend
11/14/2022
Dividend Payable
12/01/2022
Last Earnings
2/03/2023
Today
2/04/2023
Ex-Dividend for 3/1 Dividend
2/14/2023
Dividend Payable
3/01/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
Current Symbol
NASDAQ:SIGI
CUSIP
81630010
Employees
2,440
Year Founded
1926

Price Target and Rating

Average Stock Price Forecast
$95.50
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$90.00
Forecasted Upside/Downside
-5.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$403.84 million
Pretax Margin
8.52%

Debt

Sales & Book Value

Annual Sales
$3.56 billion
Cash Flow
$7.89 per share
Book Value
$46.29 per share

Miscellaneous

Free Float
59,070,000
Market Cap
$6.08 billion
Optionable
Optionable
Beta
0.64

Social Links


Key Executives

  • John J. Marchioni
    Chairman, President & Chief Executive Officer
  • Mark Alexander Wilcox
    Chief Financial Officer & Executive Vice President
  • John Bresney
    Chief Information Officer & Executive VP
  • Michael H. Lanza
    Chief Compliance Officer, EVP & General Counsel
  • Cyndi Bennett
    Chief Human Resources Officer & Executive VP













SIGI Stock - Frequently Asked Questions

Should I buy or sell Selective Insurance Group stock right now?

3 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SIGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIGI, but not buy additional shares or sell existing shares.
View SIGI analyst ratings
or view top-rated stocks.

What is Selective Insurance Group's stock price forecast for 2023?

3 analysts have issued 1-year price targets for Selective Insurance Group's shares. Their SIGI share price forecasts range from $90.00 to $105.00. On average, they predict the company's share price to reach $95.50 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
View analysts price targets for SIGI
or view top-rated stocks among Wall Street analysts.

How have SIGI shares performed in 2023?

Selective Insurance Group's stock was trading at $88.61 at the start of the year. Since then, SIGI stock has increased by 13.9% and is now trading at $100.90.
View the best growth stocks for 2023 here
.

When is Selective Insurance Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our SIGI earnings forecast
.

How were Selective Insurance Group's earnings last quarter?

Selective Insurance Group, Inc. (NASDAQ:SIGI) announced its quarterly earnings data on Friday, February, 3rd. The insurance provider reported $1.46 EPS for the quarter, meeting the consensus estimate of $1.46. The insurance provider earned $952.20 million during the quarter, compared to analyst estimates of $965.14 million. Selective Insurance Group had a net margin of 6.25% and a trailing twelve-month return on equity of 13.05%. During the same period in the prior year, the business earned $1.56 earnings per share.

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, February 2nd. Investors of record on Wednesday, February 15th will be paid a dividend of $0.30 per share on Wednesday, March 1st. This represents a $1.20 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Tuesday, February 14th.
Read our dividend analysis for SIGI
.

Is Selective Insurance Group a good dividend stock?

Selective Insurance Group (NASDAQ:SIGI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.27%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIGI will have a dividend payout ratio of 17.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SIGI.

What guidance has Selective Insurance Group issued on next quarter's earnings?

Selective Insurance Group issued an update on its fourth quarter 2022 earnings guidance on Monday, January, 23rd. The company provided EPS guidance of $1.46-$1.46 for the period, compared to the consensus EPS estimate of $1.41. The company issued revenue guidance of -.

What is John Marchioni's approval rating as Selective Insurance Group's CEO?

10 employees have rated Selective Insurance Group Chief Executive Officer John Marchioni on Glassdoor.com. John Marchioni has an approval rating of 70% among the company's employees.

What other stocks do shareholders of Selective Insurance Group own?

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), Coca-Cola (KO), Altria Group (MO), Public Service Enterprise Group (PEG) and Starbucks (SBUX).

What is Selective Insurance Group's stock symbol?

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

Who are Selective Insurance Group's major shareholders?

Selective Insurance Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (0.80%), Vaughan Nelson Investment Management L.P. (0.64%), Tributary Capital Management LLC (0.54%), New York State Common Retirement Fund (0.28%), Smith Graham & Co. Investment Advisors LP (0.22%) and Peregrine Capital Management LLC (0.20%). Insiders that own company stock include Brenda M Hall, Colby 2014 Family Trust, Cynthia S Nicholson, Gregory E Murphy, Gregory E Murphy, J Brian Thebault, John Burville, Michael J Morrissey, Michael J Morrissey, Terrence W Cavanaugh, Vincent M Senia, William M Rue and William M Rue.
View institutional ownership trends
.

How do I buy shares of Selective Insurance Group?

Shares of SIGI stock 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.
Compare Top Brokerages Here.

What is Selective Insurance Group's stock price today?

One share of SIGI stock can currently be purchased for approximately $100.90.

How much money does Selective Insurance Group make?

Selective Insurance Group (NASDAQ:SIGI) has a market capitalization of $6.08 billion and generates $3.56 billion in revenue each year. The insurance provider earns $403.84 million in net income (profit) each year or $3.54 on an earnings per share basis.

How many employees does Selective Insurance Group have?

The company employs 2,440 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 official website for the company is www.selective.com. The insurance provider can be reached via phone at (973) 948-3000, via email at investor.relations@selective.com, or via fax at 973-948-0282.

This page (NASDAQ:SIGI) was last updated on 2/4/2023 by MarketBeat.com Staff