Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Selective Insurance Group (SIGI)
NASDAQ:SIGI
Holding SIGI?
Track your performance easily
SIGI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$81.00 - $109.58
Previous Close$97.82
Volume396.01K
Average Volume (3M)371.09K
Market Cap
$5.95B
Enterprise Value$5.95B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)26.4
Beta0.55
Next Earnings
Jan 30, 2025EPS Estimate
$1.99Last Dividend Ex-Date
Nov 15, 2024Dividend Yield1.43%
Share Statistics
EPS (TTM)3.71
Shares Outstanding60,794,017
10 Day Avg. Volume364,089
30 Day Avg. Volume371,089
Standard Deviation0.07
R-Squared0.19
Alpha0.00124
Financial Highlights & Ratios
Price to Book (P/B)1.97
Price to Sales (P/S)1.25
Price to Cash Flow (P/CF)3.80
P/FCF Ratio3.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.26
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$101.00Price Target Upside3.25% Upside
Rating ConsensusHold
Number of Analyst Covering8
Selective Insurance Group News
PremiumCompany Announcements
Selective Insurance Reports Strong Q3 2024 Earnings
PremiumCompany Announcements
Selective Insurance Welcomes New CFO Patrick S. BrennanBulls Say, Bears Say
Bulls Say
Earnings PotentialAnalysts believe SIGI's low earnings per share benchmark sets the stage for potentially exceeding consensus expectations in future quarters.
Pricing PowerSIGI's relative pricing power advantage allows it to charge higher prices in a competitive environment, providing a strategic edge over competitors.
ValuationSIGI trades at a 20% discount relative to peers, making it an attractive investment option despite not appearing inexpensive on an absolute basis.
Bears Say
Earnings And Growth ChallengesSelective Insurance reported 3Q24 operating EPS of $1.40, slightly missing our estimate of $1.45 and more meaningfully missing consensus of $1.65.
Exposure To Legal And Social RisksSIGI has a higher exposure to lawsuit and social inflationary lines of insurance, which could be risky due to a combination of U.S.-centric geographic mix and heightened exposure to contractors.
Financial Performance ConcernsThe company increased the 2024E combined ratio guide to 102.5% from 101.5%, indicating higher expected losses.
---
Ownership Overview
0.78% Insiders
37.02% Mutual Funds
15.29% Other Institutional Investors
19.18% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
SIGI FAQ
What was Selective Insurance Group’s price range in the past 12 months?
Selective Insurance Group lowest stock price was $81.00 and its highest was $109.58 in the past 12 months.
What is Selective Insurance Group’s market cap?
Currently, no data Available
When is Selective Insurance Group’s upcoming earnings report date?
Selective Insurance Group’s upcoming earnings report date is Jan 30, 2025 which is in 65 days.
How were Selective Insurance Group’s earnings last quarter?
Selective Insurance Group released its earnings results on Oct 21, 2024. The company reported $1.4 earnings per share for the quarter, missing the consensus estimate of $1.633 by -$0.233.
Is Selective Insurance Group overvalued?
According to Wall Street analysts Selective Insurance Group’s price is currently Undervalued.
Does Selective Insurance Group pay dividends?
Selective Insurance Group pays a Quarterly dividend of $0.38 which represents an annual dividend yield of 1.43%. See more information on Selective Insurance Group dividends here
What is Selective Insurance Group’s EPS estimate?
Selective Insurance Group’s EPS estimate is $1.99.
How many shares outstanding does Selective Insurance Group have?
Selective Insurance Group has 60,794,018 shares outstanding.
What happened to Selective Insurance Group’s price movement after its last earnings report?
Selective Insurance Group reported an EPS of $1.4 in its last earnings report, missing expectations of $1.633. Following the earnings report the stock price went down -3.768%.
Which hedge fund is a major shareholder of Selective Insurance Group?
Among the largest hedge funds holding Selective Insurance Group’s share is Quantum Capital Management, LLC / NJ. It holds Selective Insurance Group’s shares valued at 781K.
---
Selective Insurance Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$101.00 (3.25% Upside)
$101.00 (3.25% Upside)
Hedge Fund Trend
Decreased
By 8.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $174.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 27.8%
Last 30 Days ▲ 27.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.36%
12-Months-Change
Fundamentals
Return on Equity
8.13%
Trailing 12-Months
Asset Growth
15.64%
Trailing 12-Months
Company Description
Selective Insurance Group
Selective Insurance Group, Inc. provides property and casualty insurance products. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to commercial customers, such as non-profit organizations and local government agencies. The Standard Personal Lines segment comprises of insurance products and services, including flood insurance coverage. The E&S Lines segment includes insurance products and services provided to customers who are not obtained coverage in the standard marketplace. The Investments segment invests the premiums collected by various segments; and engages in the issuance of debt and equity securities. Selective Insurance Group was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.
---
SIGI Company Deck
---
SIGI Earnings Call
Q3 2024
0:00 / 0:00
---
SIGI Stock 12 Month Forecast
Average Price Target
$101.00
▲(3.25% Upside)
Technical Analysis
Best Analysts Covering SIGI
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+5.97%
reiterated a buy rating 28 days ago
Copying Michael Phillips CFA's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +5.97% per trade.
---