Selective Insurance Group Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Selective Insurance Group or view top-rated stocks.

Wall Street analysts have given Selective Insurance Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Selective Insurance Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Selective Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Selective Insurance Group.

Selective Insurance Group, Inc. (NASDAQ:SIGI) announced its earnings results on Wednesday, April, 28th. The insurance provider reported $1.70 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.97 by $0.73. The insurance provider earned $803.90 million during the quarter, compared to analyst estimates of $756.43 million. Selective Insurance Group had a net margin of 11.12% and a trailing twelve-month return on equity of 12.46%. The company's revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS.
View Selective Insurance Group's earnings history.

Selective Insurance Group's stock was trading at $51.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SIGI shares have increased by 44.2% and is now trading at $74.71.
View which stocks have been most impacted by COVID-19.

Selective Insurance Group announced a quarterly dividend on Wednesday, April 28th. Stockholders of record on Friday, May 14th will be given a dividend of $0.25 per share on Tuesday, June 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Thursday, May 13th.
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 1.30%. Selective Insurance Group has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. 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 19.31% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.
View Selective Insurance Group's dividend history.

5 equities research analysts have issued 1 year price targets for Selective Insurance Group's shares. Their forecasts range from $71.00 to $83.00. On average, they anticipate Selective Insurance Group's stock price to reach $76.25 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts' price targets for Selective Insurance Group or view top-rated stocks among Wall Street analysts.

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 Allstate (ALL), The Travelers Companies (TRV), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), CNA Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), The Hanover Insurance Group (THG), RLI (RLI) and AXIS Capital (AXS).
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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.78%), Price T Rowe Associates Inc. MD (4.54%), Champlain Investment Partners LLC (2.52%), Dimensional Fund Advisors LP (2.44%), Alliancebernstein L.P. (2.41%) and Janus Henderson Group PLC (2.00%). Company insiders that own Selective Insurance Group stock include Cynthia S Nicholson, 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 Prospector Partners LLC, Franklin Resources Inc., Janus Henderson Group PLC, Federated Hermes Inc., Rothschild & Co. Asset Management US Inc., William Blair Investment Management LLC, Dimensional Fund Advisors LP, and Tributary Capital Management LLC. Company insiders that have sold Selective Insurance Group company stock in the last year include 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 BlackRock Inc., JPMorgan Chase & Co., Boston Trust Walden Corp, Eaton Vance Management, Public Employees Retirement System of Ohio, Price T Rowe Associates Inc. MD, Millennium Management LLC, and NFJ Investment Group 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.
Compare Top Brokerages Here.

One share of SIGI stock can currently be purchased for approximately $74.71.

Selective Insurance Group has a market capitalization of $4.48 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.

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]