Selective Insurance Group Company Profile (NASDAQ:SIGI)

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

Selective Insurance Group announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.16 per share on Friday, September 1st. This represents a $0.64 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Friday, August 11th. View Selective Insurance Group's Dividend History.

Selective Insurance Group, Inc. (NASDAQ:SIGI) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $0.68 EPS for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.05. The company earned $614.50 million during the quarter, compared to analysts' expectations of $611.62 million. Selective Insurance Group had a net margin of 7.13% and a return on equity of 10.82%. The company's revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business posted $0.74 EPS. View Selective Insurance Group's Earnings History.

Selective Insurance Group is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Selective Insurance Group.

4 analysts have issued 1-year price objectives for Selective Insurance Group's shares. Their predictions range from $44.00 to $50.00. On average, they expect Selective Insurance Group's share price to reach $46.91 in the next twelve months. View Analyst Ratings for Selective Insurance Group.

Here are some recent quotes from research analysts about Selective Insurance Group stock:

• 1. According to Zacks Investment Research, "Selective Insurance Group, Inc. is a regional insurance holding company which, through its insurance subsidiaries, offers a broad range of property and casualty insurance products. Selective's commercial insurance products are directed to small- to medium-sized service-oriented businesses, governmental entities and selected classes of light industry. They also offer personal insurance products to individuals and families. " (8/1/2017)
• 2. Boenning Scattergood analysts commented, "We maintain our Neutral rating. Key Points: Reported Results: Selective reported 2Q17 operating EPS of $0.68 versus our estimate of $0.77 and consensus of $0.73. Operating ROE was 9.9%. Premium Production: Net written premium growth (6.2%) was in-line with our projection. Standard commercial insurance and excess & surplus lines premium missed our expectations, while standard personal insurance beat, largely due to $13 million of new business. Management noted renewal pure price increases of 3.1% in standard commercial, 2.6% in standard personal, and 3.7% in excess & surplus lines. Underwriting Ratios: Selective generated a 94.7% combined ratio in 2Q17, more than 2 points higher than we projected due to higher catastrophe losses. Cat losses negatively impacted the combined ratio by 5.2 points, while we expected a 3.2 point impact. Favorable reserve development was just about in-line with our estimate. Adjusting for these differences, the normalized accident year loss ratio was in-line with our estimate. On a per share basis, underwriting results missed our estimate by $0.11. Investment Income: Net investment income was $41.4 million, more than $5 million higher than we projected. On a per share basis, investment results beat us by $0.06. Book Value Per Share: BVPS increased 5% over the last 12 months to $28.32, beating our estimate by $0.38." (7/27/2017)

Some companies that are related to Selective Insurance Group include First American Corporation (The) (FAF), Direct Line Insurance Group PLC (DLG), Assured Guaranty (AGO), Old Republic International Corporation (ORI), The Hanover Insurance Group (THG), Radian Group (RDN), White Mountains Insurance Group (WTM), Hiscox Ltd (HSX), Essent Group (ESNT), ProAssurance Corporation (PRA), RLI Corp. (RLI), Saga PLC (SAGA), Argo Group International Holdings (AGII), OneBeacon Insurance Group (OB), The Navigators Group (NAVG), Horace Mann Educators Corporation (HMN), Lancashire Holdings Limited (LRE) and Employers Holdings (EIG).

Selective Insurance Group's management team includes the folowing people:

• Gregory E. Murphy, Chairman of the Board, Chief Executive Officer
• John J. Marchioni, President, Chief Operating Officer
• Mark A. Wilcox, Chief Financial Officer, Executive Vice President
• Michael H. Lanza, Executive Vice President, Chief Compliance Officer, General Counsel
• Paul D. Bauer, Lead Independent Director
• William M. Rue, Non - Independent Director
• A. David Brown, Independent Director
• John C. Burville, Independent Director
• Robert Kelly Doherty, Independent Director

Selective Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.76%), Vanguard Group Inc. (9.07%), Dimensional Fund Advisors LP (7.74%), Macquarie Group Ltd. (4.68%), Alliancebernstein L.P. (2.63%) and State Street Corp (2.42%). Company insiders that own Selective Insurance Group stock include A David Brown, Cynthia S Nicholson, Dale A Thatcher, Gregory E Murphy, J Brian Thebault, John J Marchioni, Kelley Ronald L O, Michael H Lanza, Michael J Morrissey, Paul D Bauer, Robert Kelly Doherty and William M Rue. View Institutional Ownership Trends for Selective Insurance Group.

Selective Insurance Group's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Macquarie Group Ltd., Alliancebernstein L.P., Prudential Financial Inc., Sterling Capital Management LLC, Systematic Financial Management LP, Chicago Equity Partners LLC and Voya Investment Management LLC. Company insiders that have sold Selective Insurance Group stock in the last year include A David Brown, Cynthia S Nicholson, Dale A Thatcher, Gregory E Murphy, J Brian Thebault, John J Marchioni, Kelley Ronald L O, Michael H Lanza, Michael J Morrissey, Paul D Bauer and William M Rue. View Insider Buying and Selling for Selective Insurance Group.

Selective Insurance Group's stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Northern Trust Corp, Vanguard Group Inc., Tributary Capital Management LLC, State Street Corp, William Blair Investment Management LLC, TIAA CREF Investment Management LLC and Stifel Financial Corp. View Insider Buying and Selling for Selective Insurance Group.

Shares of Selective Insurance Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Selective Insurance Group stock can currently be purchased for approximately $50.60.