NASDAQ:SIGI Selective Insurance Group (SIGI) Stock Price, News & Analysis → New Trump Bombshell (From The Freeport Society) (Ad) Free SIGI Stock Alerts $95.77 -6.51 (-6.36%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$92.06▼$99.2150-Day Range$95.77▼$109.1752-Week Range$91.99▼$109.58Volume734,233 shsAverage Volume324,964 shsMarket Capitalization$5.82 billionP/E Ratio16.43Dividend Yield1.46%Price Target$105.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Selective Insurance Group alerts: Email Address Selective Insurance Group MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.8% Upside$105.17 Price TargetShort InterestHealthy1.88% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment-0.28Based on 7 Articles This WeekInsider TradingSelling Shares$278,041 Sold Last QuarterProj. Earnings Growth9.91%From $7.67 to $8.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.57 out of 5 starsFinance Sector53rd out of 858 stocksFire, Marine, & Casualty Insurance Industry4th out of 51 stocks 2.0 Analyst's Opinion Consensus RatingSelective Insurance Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageSelective Insurance Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.88% of the outstanding shares of Selective Insurance Group have been sold short.Short Interest Ratio / Days to CoverSelective Insurance Group has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Selective Insurance Group has recently increased by 10.68%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldSelective Insurance Group pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSelective Insurance Group has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Selective Insurance Group is 24.01%. 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 16.61% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSelective Insurance Group has received a -21.54% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Physical diseases". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Builder's risk insurance for businesses", "Passenger car insurance services for individuals", and "Passenger car insurance services for businesses" products. See details.Environmental SustainabilityThe Environmental Impact score for Selective Insurance Group is -0.82. Previous Next 1.5 News and Social Media Coverage News SentimentSelective Insurance Group has a news sentiment score of -0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Selective Insurance Group this week, compared to 3 articles on an average week.Search Interest1 people have searched for SIGI on MarketBeat in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Selective Insurance Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $278,041.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of Selective Insurance Group is held by insiders.Percentage Held by Institutions82.88% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Selective Insurance Group are expected to grow by 9.91% in the coming year, from $7.67 to $8.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Selective Insurance Group is 16.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Selective Insurance Group is 16.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.86.Price to Earnings Growth RatioSelective Insurance Group has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSelective Insurance Group has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.Read More SIGI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIGI Stock News HeadlinesMay 2, 2024 | seekingalpha.comSelective Insurance declares $0.35 dividendMay 1, 2024 | finance.yahoo.comSelective Insurance Group Inc. (SIGI) Q1 2024 Earnings: Misses on EPS, Reports Strong Revenue GrowthMay 2, 2024 | The Freeport Society (Ad)New Trump BombshellI believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think… May 1, 2024 | prnewswire.comSelective Reports First Quarter 2024 ResultsMay 1, 2024 | markets.businessinsider.comWhat Wall Street expects from Selective Insurance Group's earningsApril 25, 2024 | finance.yahoo.comShareholders Would Not Be Objecting To Selective Insurance Group, Inc.'s (NASDAQ:SIGI) CEO Compensation And Here's WhyApril 24, 2024 | americanbankingnews.comSelective Insurance Group (SIGI) to Release Quarterly Earnings on WednesdayApril 18, 2024 | morningstar.comSelective Insurance Group IncMay 2, 2024 | The Freeport Society (Ad)New Trump BombshellI believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think… April 15, 2024 | markets.businessinsider.comSelective Insurance Gr Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)April 3, 2024 | prnewswire.comSelective Insurance Schedules Earnings Release and Conference Call to Announce First Quarter 2024 ResultsMarch 30, 2024 | nasdaq.comSelective Insurance Group Reaches Analyst Target PriceMarch 1, 2024 | wsj.comSelective Insurance Group Inc.February 28, 2024 | msn.comSelective Insurance Group, Inc. 4.60 DP SH PFD Bp goes ex dividend todayFebruary 22, 2024 | msn.comSelective Insurance signs deal with Ondo and LeakBotFebruary 17, 2024 | finance.yahoo.comSIGI Mar 2024 125.000 callFebruary 17, 2024 | finance.yahoo.comSIGI Mar 2024 80.000 callFebruary 13, 2024 | finance.yahoo.comSelective Insurance Now Offers the Phyn Smart Water and Leak Detection Solution to Eligible Homeowner CustomersFebruary 11, 2024 | finance.yahoo.comSelective Insurance Group Full Year 2023 Earnings: In Line With ExpectationsFebruary 10, 2024 | markets.businessinsider.comSelective Insurance Group Shares Key Financial DataFebruary 8, 2024 | finance.yahoo.comSelective to Speak at the Bank of America Securities 2024 Financial Services ConferenceFebruary 4, 2024 | finance.yahoo.comSelective Insurance Group's (NASDAQ:SIGI) Dividend Will Be $0.35February 2, 2024 | finance.yahoo.comSelective Insurance Group, Inc. (NASDAQ:SIGI) Q4 2023 Earnings Call TranscriptFebruary 2, 2024 | finance.yahoo.comQ4 2023 Selective Insurance Group Inc Earnings CallFebruary 1, 2024 | finance.yahoo.comSelective Insurance (SIGI) Q4 Earnings Beat on Solid UnderwritingFebruary 1, 2024 | finance.yahoo.comSelective Insurance Group Inc (SIGI) Reports Strong Q4 and Full-Year 2023 ResultsJanuary 31, 2024 | finance.yahoo.comSelective Insurance (SIGI) Reports Q4 Earnings: What Key Metrics Have to SaySee More Headlines Receive SIGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Selective Insurance Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/1 Dividend2/14/2024Dividend Payable3/01/2024Last Earnings5/01/2024Today5/02/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNASDAQ:SIGI CUSIP81630010 CIK230557 Webwww.selective.com Phone(973) 948-3000Fax973-948-0282Employees2,650Year Founded1926Price Target and Rating Average Stock Price Target$105.17 High Stock Price Target$120.00 Low Stock Price Target$93.00 Potential Upside/Downside+12.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$5.83 Trailing P/E Ratio16.04 Forward P/E Ratio12.20 P/E Growth0.75Net Income$365.24 million Net Margins8.57% Pretax Margin10.83% Return on Equity14.43% Return on Assets3.22% Debt Debt-to-Equity Ratio0.18 Current Ratio0.30 Quick Ratio0.30 Sales & Book Value Annual Sales$4.23 billion Price / Sales1.34 Cash Flow$6.05 per share Price / Cash Flow15.47 Book Value$45.46 per share Price / Book2.06Miscellaneous Outstanding Shares60,790,000Free Float59,879,000Market Cap$5.69 billion OptionableOptionable Beta0.55 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. John Joseph Marchioni CPCU (Age 54)CEO, President & Chairman Comp: $3.09MMr. Anthony David Harnett (Age 51)Senior VP & Chief Accounting Officer and Interim CFO Comp: $770.19kMr. Michael Haran Lanza (Age 62)Executive VP, General Counsel & Chief Compliance Officer Comp: $1.15MMs. Brenda Marie Hall (Age 53)Executive VP & COO of Standard Lines Comp: $1.19MMr. Vincent Matthew Senia (Age 60)Executive VP & Chief Actuary Comp: $991.73kMr. Joseph Owen Eppers CFA (Age 55)Executive VP & Chief Investment Officer Mr. Brad Bryant WilsonSenior VP of Investor Relations & TreasurerMr. Rohit MullExecutive VP, Chief Marketing & Innovation OfficerMs. Lucinda BennettExecutive VP & Chief HR OfficerMr. Jeffrey Francis Kamrowski (Age 59)Executive Vice President of MUSIC More ExecutivesKey CompetitorsRLINYSE:RLIAXIS CapitalNYSE:AXSThe Hanover Insurance GroupNYSE:THGWhite Mountains Insurance GroupNYSE:WTMMercury GeneralNYSE:MCYView All CompetitorsInsiders & InstitutionsMutual of America Capital Management LLCSold 7,035 shares on 5/2/2024Ownership: 0.261%FORA Capital LLCSold 366 shares on 5/2/2024Ownership: 0.013%Fidelis Capital Partners LLCBought 444 shares on 5/2/2024Ownership: 0.001%Mirae Asset Global Investments Co. Ltd.Sold 1,331 shares on 5/1/2024Ownership: 0.043%Private Advisor Group LLCSold 587 shares on 5/1/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions SIGI Stock Analysis - Frequently Asked Questions Should I buy or sell Selective Insurance Group stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Selective Insurance Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SIGI shares. 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 SIGI analyst ratings or view top-rated stocks. What is Selective Insurance Group's stock price target for 2024? 6 brokerages have issued 1 year price targets for Selective Insurance Group's stock. Their SIGI share price targets range from $93.00 to $120.00. On average, they predict the company's share price to reach $105.17 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View analysts price targets for SIGI or view top-rated stocks among Wall Street analysts. How have SIGI shares performed in 2024? Selective Insurance Group's stock was trading at $99.48 on January 1st, 2024. Since then, SIGI shares have decreased by 3.7% and is now trading at $95.77. View the best growth stocks for 2024 here. When is Selective Insurance Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our SIGI earnings forecast. How were Selective Insurance Group's earnings last quarter? Selective Insurance Group, Inc. (NASDAQ:SIGI) posted its earnings results on Wednesday, May, 1st. The insurance provider reported $1.33 earnings per share for the quarter, missing analysts' consensus estimates of $1.88 by $0.55. The insurance provider had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.11 billion. Selective Insurance Group had a net margin of 8.57% and a trailing twelve-month return on equity of 14.43%. The business's revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 EPS. How often does Selective Insurance Group pay dividends? What is the dividend yield for Selective Insurance Group? Selective Insurance Group announced a quarterly dividend on Wednesday, January 31st. Shareholders of record on Thursday, February 15th will be given a dividend of $0.35 per share on Friday, March 1st. This represents a $1.40 annualized dividend and a yield of 1.46%. The ex-dividend date is Wednesday, February 14th. Read our dividend analysis for SIGI. Is Selective Insurance Group a good dividend stock? Selective Insurance Group (NASDAQ:SIGI) pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIGI will have a dividend payout ratio of 16.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIGI. What ETFs hold Selective Insurance Group's stock? ETFs with the largest weight of Selective Insurance Group (NASDAQ:SIGI) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), JPMorgan Active Small Cap Value ETF (JPSV), SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), WBI BullBear Quality 3000 ETF (WBIL), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and AlphaMark Actively Managed Small Cap ETF (SMCP). What is John Marchioni's approval rating as Selective Insurance Group's CEO? 10 employees have rated Selective Insurance Group Chief Executive Officer John Marchioni on Glassdoor.com. John Marchioni has an approval rating of 70% among the company's employees. 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), Simon Property Group (SPG), Abbott Laboratories (ABT), Gilead Sciences (GILD), International Paper (IP), Coca-Cola (KO), Altria Group (MO), Public Service Enterprise Group (PEG) and Starbucks (SBUX). Who are Selective Insurance Group's major shareholders? Selective Insurance Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.95%), Tributary Capital Management LLC (0.46%), Principal Financial Group Inc. (0.42%), Mutual of America Capital Management LLC (0.26%), Retirement Systems of Alabama (0.25%) and Raymond James & Associates (0.14%). Insiders that own company stock include Brenda M Hall, Colby 2014 Family Trust, Cynthia S Nicholson, Gregory E Murphy, J Brian Thebault, John Burville, John J Marchioni, Michael J Morrissey, Michael J Morrissey, Vincent M Senia, William M Rue, Wole C Coaxum and Wole C Coaxum. View institutional ownership trends. How do I buy shares of Selective Insurance Group? Shares of SIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SIGI) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmithYour bank is lying to you.MyBankTrackerThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingTrump just won 2024Porter & CompanyHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Selective Insurance Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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