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

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

Selective Insurance Group announced a quarterly dividend on Wednesday, October 30th. Investors 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 dividend yield of 1.38%. 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) issued its earnings results on Wednesday, October, 30th. The insurance provider reported $0.97 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.11 by $0.14. The insurance provider earned $710.40 million during the quarter, compared to analyst estimates of $718.14 million. Selective Insurance Group had a net margin of 8.53% and a return on equity of 12.83%. Selective Insurance Group's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.99 earnings per share. 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 equities research analysts have issued 1 year price targets 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 12.6% 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.

News coverage about SIGI stock has trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -5.0 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Selective Insurance Group.

Selective Insurance Group saw a increase in short interest in 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 days-to-cover ratio is presently 2.2 days. Currently, 1.1% of the company's stock are sold short. 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 Methanex (MEOH), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Marathon Petroleum (MPC), Public Service Enterprise Group (PEG), Pfizer (PFE), Sonoco Products (SON), UnitedHealth Group (UNH), Wells Fargo & Co (WFC) and Exxon Mobil (XOM).

Selective Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.60%), Mountain Pacific Investment Advisers Inc. ID (0.36%), Smith Graham & Co. Investment Advisors LP (0.31%), Assenagon Asset Management S.A. (0.07%), First National Bank of Omaha (0.05%) and Nisa Investment Advisors LLC (0.05%). 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, Campbell & CO Investment Adviser LLC, Smith Graham & Co. Investment Advisors LP, Janney Montgomery Scott LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Krueger & Catalano Capital Partners LLC. 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 Mountain Pacific Investment Advisers Inc. ID, Assenagon Asset Management S.A., Sciencast Management LP, First National Bank of Omaha, Zurcher Kantonalbank Zurich Cantonalbank , 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 $66.60.

Selective Insurance Group has a market capitalization of $3.96 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 [email protected]