Selective Insurance Group Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Selective Insurance Group stock. 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.
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Selective Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Selective Insurance Group.

Selective Insurance Group, Inc. (NASDAQ:SIGI) issued its quarterly earnings results on Wednesday, July, 28th. The insurance provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.49. The insurance provider had revenue of $830.40 million for the quarter, compared to analyst estimates of $807.15 million. Selective Insurance Group had a trailing twelve-month return on equity of 15.42% and a net margin of 13.23%.
View Selective Insurance Group's earnings history.

Selective Insurance Group's stock was trading at $51.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SIGI stock has increased by 49.4% and is now trading at $77.38.
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Selective Insurance Group declared a quarterly dividend on Wednesday, July 28th. Shareholders of record on Friday, August 13th will be given a dividend of $0.25 per share on Wednesday, September 1st. This represents a $1.00 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Thursday, August 12th.
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 1.29%. The dividend payout ratio of Selective Insurance Group is 24.10%. 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 18.35% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.
View Selective Insurance Group's dividend history.

6 brokers have issued 12 month price objectives for Selective Insurance Group's shares. Their forecasts range from $71.00 to $91.00. On average, they anticipate Selective Insurance Group's stock price to reach $82.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
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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 Travelers Companies (TRV), The Allstate (ALL), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), Fidelity National Financial (FNF), W. R. Berkley (WRB), CNA Financial (CNA), First American Financial (FAF), Old Republic International (ORI), The Hanover Insurance Group (THG), RLI (RLI), AXIS Capital (AXS) and Assured Guaranty (AGO).
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 shareholders include BlackRock Inc. (11.38%), Vanguard Group Inc. (9.39%), Price T Rowe Associates Inc. MD (5.00%), Macquarie Group Ltd. (4.45%), State Street Corp (3.24%) and Franklin Resources Inc. (2.58%). Company insiders that own Selective Insurance Group stock include Colby 2014 Family Trust, Cynthia S Nicholson, Gregory E Murphy, Gregory E Murphy, Michael J Morrissey, 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 BlackRock Inc., William Blair Investment Management LLC, Federated Hermes Inc., Goldman Sachs Group Inc., Mountain Pacific Investment Advisers Inc. ID, Millennium Management LLC, Wells Fargo & Company MN, and Invesco Ltd.. Company insiders that have sold Selective Insurance Group company stock in the last year include Colby 2014 Family Trust, Cynthia S Nicholson, Gregory E Murphy, Michael J Morrissey, 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 Franklin Resources Inc., Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., Price T Rowe Associates Inc. MD, Vanguard Group Inc., Boston Trust Walden Corp, State Street Corp, and Monarch Partners Asset Management LLC. 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 $77.38.

Selective Insurance Group has a market capitalization of $4.65 billion and generates $2.92 billion in revenue each year. The insurance provider earns $246.35 million in net income (profit) each year or $4.15 on an earnings per share basis.

Selective Insurance Group employs 2,400 workers across the globe.

Selective Insurance Group was founded in 1926.

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]