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Selective Insurance Group (SIGI)
NASDAQ:SIGI
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SIGI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$81.00 - $109.58
Previous Close$91.7
Volume233.30K
Average Volume (3M)415.97K
Market Cap
$5.58B
Enterprise Value$5.58B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)25.0
Beta0.41
Next Earnings
Oct 30, 2024EPS Estimate
$1.68Last Dividend Ex-Date
Aug 15, 2024Dividend Yield1.53%
Share Statistics
EPS (TTM)3.67
Shares Outstanding60,833,139
10 Day Avg. Volume322,900
30 Day Avg. Volume415,969
Standard Deviation0.07
R-Squared0.18
Alpha-0.00114
Financial Highlights & Ratios
Price to Book (P/B)2.05
Price to Sales (P/S)1.23
Price to Cash Flow (P/CF)5.20
P/FCF Ratio5.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.23
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$94.33Price Target Upside2.87% 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
ExpansionGeographic expansion continues with successful launches in new states and more expected to go live later.
Financial PerformanceBook value per share increased, indicating a positive financial trend.
GrowthNWP growth was better than expected, reflecting average renewal price increases and solid growth in both new business and exposure.
Bears Say
EarningsSelective Insurance reported a 2Q24 operating EPS loss of ($1.10), widely missing estimates and consensus.
Reserves And LossesDriving the miss versus estimate were weaker-than-projected prior-year reserve development and higher catastrophe losses.
Underwriting IncomeStandard Commercial segment underwriting income was a loss of ($161) mln in the quarter, significantly below the positive $26 mln estimate.
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Ownership Overview
76.94% Insiders
3664.72% Mutual Funds
1578.14% Other Institutional Investors
1937.49% 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.
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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 Oct 30, 2024 which is 9 days ago.
How were Selective Insurance Group’s earnings last quarter?
Selective Insurance Group released its earnings results on Jul 18, 2024. The company reported -$1.1 earnings per share for the quarter, missing the consensus estimate of $1.491 by -$2.591.
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 $0.35 which represents an annual dividend yield of 1.53%. See more information on Selective Insurance Group dividends here
What is Selective Insurance Group’s EPS estimate?
Selective Insurance Group’s EPS estimate is $1.68.
How many shares outstanding does Selective Insurance Group have?
Selective Insurance Group has 60,833,138 shares outstanding.
What happened to Selective Insurance Group’s price movement after its last earnings report?
Selective Insurance Group reported an EPS of -$1.1 in its last earnings report, missing expectations of $1.491. Following the earnings report the stock price went down -18.176%.
Which hedge fund is a major shareholder of Selective Insurance Group?
Among the largest hedge funds holding Selective Insurance Group’s share is Bridgewater Associates, LP. It holds Selective Insurance Group’s shares valued at 2M.
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Selective Insurance Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$94.33 (2.87% Upside)
$94.33 (2.87% Upside)
Hedge Fund Trend
Increased
By 24.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $372.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.3%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.26%
12-Months-Change
Fundamentals
Return on Equity
8.34%
Trailing 12-Months
Asset Growth
12.33%
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.
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SIGI Company Deck
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SIGI Earnings Call
Q2 2024
0:00 / 0:00
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SIGI Stock 12 Month Forecast
Average Price Target
$94.33
▲(2.87% Upside)
Technical Analysis
Best Analysts Covering SIGI
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+6.74%
reiterated a sell rating 3 months ago
Copying Grace Carter's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +6.74% per trade.
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