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

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

Selective Insurance Group declared a quarterly dividend on Wednesday, October 30th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.23 per share on Monday, December 2nd. This represents a $0.92 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Selective Insurance Group's previous quarterly dividend of $0.20. View Selective Insurance Group's Dividend History.

Selective Insurance Group (NASDAQ:SIGI) posted its earnings results on Wednesday, October, 30th. The insurance provider reported $0.97 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.11 by $0.14. The insurance provider had revenue of $710.40 million for the quarter, compared to analysts' expectations of $718.14 million. Selective Insurance Group had a return on equity of 12.83% and a net margin of 8.53%. The business's revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company posted $0.99 EPS. View Selective Insurance Group's Earnings History.

Selective Insurance Group is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Selective Insurance Group.

Selective Insurance Group will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued twelve-month target prices for Selective Insurance Group's stock. Their forecasts range from $75.00 to $75.00. On average, they expect Selective Insurance Group's stock price to reach $75.00 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Selective Insurance Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Selective Insurance Group.

Headlines about SIGI stock have been trending positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Selective Insurance Group earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Selective Insurance Group.

Selective Insurance Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 631,700 shares, an increase of 11.7% from the December 15th total of 565,600 shares. Based on an average trading volume of 290,400 shares, the short-interest ratio is currently 2.2 days. Approximately 1.1% of the company's stock are short sold. View Selective Insurance Group's Current Options Chain.

Some companies that are related to Selective Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Cincinnati Financial (CINF), Markel (MKL), Fidelity National Financial (FNF), W. R. Berkley (WRB), Cna Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), Hanover Insurance Group (THG) and Axis Capital (AXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Selective Insurance Group investors own include Public Service Enterprise Group (PEG), Sonoco Products (SON), UnitedHealth Group (UNH), T. Rowe Price Group (TROW), Texas Roadhouse (TXRH), Universal Forest Products (UFPI), The Coca-Cola (KO), Nike (NKE), Hanover Insurance Group (THG) and TJX Companies (TJX).

Selective Insurance Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.60%), Assenagon Asset Management S.A. (0.07%), First National Bank of Omaha (0.05%), Nisa Investment Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Selective Insurance Group stock include Cynthia S Nicholson, Gregory E Murphy, J Brian Thebault, John Burville, John J Marchioni, Michael H Lanza, Michael J Morrissey, Paul D Bauer, 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, Nisa Investment Advisors LLC and State of Alaska Department of Revenue. Company insiders that have sold Selective Insurance Group company stock in the last year include Cynthia S Nicholson, Gregory E Murphy, John Burville, Michael H Lanza, Paul D Bauer and William M Rue. View Insider Buying and Selling for Selective Insurance Group.

SIGI stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Sciencast Management LP, First National Bank of Omaha, 6 Meridian and Louisiana State Employees Retirement System. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SIGI stock can currently be purchased for approximately $68.25.

Selective Insurance Group has a market capitalization of $4.05 billion and generates $2.59 billion in revenue each year. The insurance provider earns $178.93 million in net income (profit) each year or $3.66 on an earnings per share basis. Selective Insurance Group employs 2,290 workers across the globe.View Additional Information About Selective Insurance Group.

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

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 investor.relati[email protected]