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. Investors of record on Tuesday, August 15th will be paid a dividend of $0.16 per share on Friday, September 1st. This represents a $0.64 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Friday, August 11th. View Selective Insurance Group's Dividend History.

Selective Insurance Group, Inc. (NASDAQ:SIGI) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by $0.05. The business earned $614.50 million during the quarter, compared to analyst estimates of $611.62 million. Selective Insurance Group had a return on equity of 10.82% and a net margin of 7.13%. Selective Insurance Group's revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $0.74 earnings per share. 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 brokers have issued 12 month price objectives for Selective Insurance Group's stock. Their predictions range from $44.00 to $50.00. On average, they anticipate 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. " (9/5/2017)
• 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 Industrial Alliance Insur. & Fin. Ser. (IAG), First American Corporation (The) (FAF), Old Republic International Corporation (ORI), Direct Line Insurance Group PLC (DLG), Assured Guaranty (AGO), The Hanover Insurance Group (THG), Radian Group (RDN), Essent Group (ESNT), Hiscox Ltd (HSX), White Mountains Insurance Group (WTM), ProAssurance Corporation (PRA), RLI Corp. (RLI), Saga PLC (SAGA), Argo Group International Holdings (AGII), The Navigators Group (NAVG), Horace Mann Educators Corporation (HMN), Employers Holdings (EIG) and MBIA (MBI).

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 a number of of retail and institutional investors. Top institutional shareholders 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, 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 bought 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 $52.20.