NASDAQ:SIGISelective Insurance Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Selective Insurance Group Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $52.45 -0.68 (-1.28 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$51.83Now: $52.45▼$52.9750-Day Range$42.90MA: $49.51▼$54.9852-Week Range$37.05Now: $52.45▼$81.35Volume343,003 shsAverage Volume372,936 shsMarket Capitalization$3.13 billionP/E Ratio13.99Dividend Yield1.75%Beta0.72 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, Excess and Surplus Lines, and Investments. The company's products and services include property insurance, which covers the financial consequences of accidental loss of an insured's real and/or personal property; and casualty insurance that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party as a result of an insured's negligent acts, omissions, or legal liabilities. It also offers flood insurance products. The company provides its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. In addition, it invests in fixed income investments and preferred stocks, equity securities, and alternative investment portfolio. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingSelective Insurance Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.00, Selective Insurance Group has a potential upside of 14.4% from its current price of $52.45.Amount of Analyst CoverageSelective Insurance Group has only been the subject of 4 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesSelective Insurance Group has received 296 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSelective Insurance Group has received 316 “underperform” votes. (Add your “underperform” vote.)Community SentimentSelective Insurance Group has received 51.63% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Selective Insurance Group and other stocks. Vote “Outperform” if you believe SIGI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SIGI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipSelective Insurance Group is a leading dividend payer. It pays a dividend yield of 1.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSelective Insurance Group has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Selective Insurance Group is 20.91 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Selective Insurance Group will have a dividend payout ratio of 22.89 % next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Selective Insurance Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,960.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Selective Insurance Group is held by insiders.Percentage Held by Institutions78.14% of the stock of Selective Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Selective Insurance Group are expected to grow by 17.89% in the coming year, from $3.41 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Selective Insurance Group is 13.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Selective Insurance Group is 13.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.00.Price to Earnings Growth RatioSelective Insurance Group has a PEG Ratio of 9.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSelective Insurance Group has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.93 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNASDAQ:SIGI Previous Symbol CUSIP81630010 CIK230557 Webwww.selective.com Phone973-948-3000Debt Debt-to-Equity Ratio0.26 Current Ratio0.32 Quick Ratio0.32Price-To-Earnings Trailing P/E Ratio13.99 Forward P/E Ratio15.38 P/E Growth9.1 Sales & Book Value Annual Sales$2.85 billion Price / Sales1.10 Cash Flow$5.38 per share Price / Cash Flow9.75 Book Value$35.11 per share Price / Book1.49Profitability EPS (Most Recent Fiscal Year)$4.40 Net Income$271.62 million Net Margins8.02% Return on Equity12.30% Return on Assets2.98%Miscellaneous Employees2,400 Outstanding Shares59,710,000Market Cap$3.13 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable NASDAQ:SIGI Rates by TradingView Receive SIGI News and Ratings via Email Sign-up to receive the latest news and ratings for SIGI and its competitors with MarketBeat's FREE daily newsletter. Selective Insurance Group (NASDAQ:SIGI) Frequently Asked Questions How has Selective Insurance Group's stock been impacted by COVID-19 (Coronavirus)? 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 (WHO). Since then, SIGI shares have increased by 1.3% and is now trading at $52.45. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Selective Insurance Group? 5 Wall Street 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, resulting in a consensus recommendation of "Hold." View analyst ratings for Selective Insurance Group. When is Selective Insurance Group's next earnings date? Selective Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Selective Insurance Group. How were Selective Insurance Group's earnings last quarter? Selective Insurance Group (NASDAQ:SIGI) posted its quarterly earnings data on Tuesday, May, 5th. The insurance provider reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $1.02 by $0.18. The insurance provider earned $664.80 million during the quarter, compared to analyst estimates of $734.04 million. Selective Insurance Group had a return on equity of 12.30% and a net margin of 8.02%. Selective Insurance Group's quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 EPS. View Selective Insurance Group's earnings history. How often does Selective Insurance Group pay dividends? What is the dividend yield for Selective Insurance Group? Selective Insurance Group declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.23 per share on Monday, June 1st. This represents a $0.92 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Friday, May 15th. View Selective Insurance Group's dividend history. What price target have analysts set for SIGI? 5 equities research analysts have issued 1 year price objectives for Selective Insurance Group's shares. Their forecasts range from $48.00 to $75.00. On average, they anticipate Selective Insurance Group's stock price to reach $60.00 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View analysts' price targets for Selective Insurance Group. Has Selective Insurance Group been receiving favorable news coverage? News coverage about SIGI stock has been trending very negative on Sunday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Selective Insurance Group earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSelective Insurance Group. Are investors shorting Selective Insurance Group? Selective Insurance Group saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 532,700 shares, a decrease of 5.8% from the April 30th total of 565,600 shares. Based on an average trading volume of 388,800 shares, the short-interest ratio is currently 1.4 days. Currently, 0.9% of the company's shares are short sold. View Selective Insurance Group's Current Options Chain. Who are some of Selective Insurance Group's key competitors? Some companies that are related to Selective Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cincinnati Financial (CINF), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). View all competitors. What other stocks do shareholders of Selective Insurance Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Selective Insurance Group investors own include AbbVie (ABBV), Pfizer (PFE), Gilead Sciences (GILD), International Paper (IP), Altria Group (MO), Public Service Enterprise Group (PEG), Sherwin-Williams (SHW), Southern (SO), TJX Companies (TJX) and UnitedHealth Group (UNH). Who are Selective Insurance Group's key executives? Selective Insurance Group's management team includes the following people: Mr. Gregory Edward Murphy, Chairman & CEO (Age 63)Mr. John Joseph Marchioni CPCU, Pres & COO (Age 49)Mr. Mark Alexander Wilcox, Exec. VP & CFO (Age 51)Mr. Michael Haran Lanza, Exec. VP, Gen. Counsel & Chief Compliance Officer (Age 57)Mr. Joseph Eppers CFA, Sr. VP & Chief Investment Officer What is Selective Insurance Group's stock symbol? Selective Insurance Group trades on the NASDAQ under the ticker symbol "SIGI." Who are Selective Insurance Group's major shareholders? Selective Insurance Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.36%), State Street Corp (3.62%), Silvercrest Asset Management Group LLC (2.60%), Alliancebernstein L.P. (2.09%), Bank of New York Mellon Corp (1.77%) and Geode Capital Management LLC (1.75%). 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. Which major investors are selling Selective Insurance Group stock? SIGI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., UBS Group AG, Deutsche Bank AG, Principal Financial Group Inc., Morgan Stanley, Morgan Stanley, Two Sigma Investments LP, and AQR Capital Management LLC. View insider buying and selling activity for Selective Insurance Group. Which major investors are buying Selective Insurance Group stock? SIGI stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Champlain Investment Partners LLC, TimesSquare Capital Management LLC, Federated Hermes Inc., Franklin Resources Inc., Ziegler Capital Management LLC, Geode Capital Management LLC, and Eaton Vance Management. View insider buying and selling activity for Selective Insurance Group. How do I buy shares of 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. What is Selective Insurance Group's stock price today? One share of SIGI stock can currently be purchased for approximately $52.45. How big of a company is Selective Insurance Group? Selective Insurance Group has a market capitalization of $3.13 billion and generates $2.85 billion in revenue each year. The insurance provider earns $271.62 million in net income (profit) each year or $4.40 on an earnings per share basis. Selective Insurance Group employs 2,400 workers across the globe. What is Selective Insurance Group's official website? The official website for Selective Insurance Group is www.selective.com. How can I contact Selective Insurance Group? 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] This page was last updated on 5/31/2020 by MarketBeat.com Staff
