Summary

89.31 -0.94(-1.04%)09/06/2024
Selective Insurance Group Inc. (SIGI)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-1.00-1.815.89-4.84-14.66-8.6118.1427,260.79


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Trading Data
Close89.31
Open89.98
High91.07
Low89.07
Volume284,342
Change-0.90
Change %-1.00
Avg Volume (20 Days)224,439
Volume/Avg Volume (20 Days) Ratio1.27
52 Week Range81.00 - 109.58
Price vs 52 Week High-18.50%
Price vs 52 Week Low10.26%
Range-0.74
Gap Up/Down-1.57
Fundamentals
Market Capitalization (Mln)5,428
EBIDTA505,803,008
PE Ratio17.3210
PEG Ratio1.8600
WallStreet Target Price107.14
Book Value46.1660
Earnings Per Share5.6700
EPS Estimate Current Quarter1.8600
EPS Estimate Next Quarter1.6800
EPS Estimate Current Year7.0100
EPS Estimate Next Year8.5700
Diluted EPS (TTM)5.6700
Revenues
Profit Marging0.0808
Operating Marging (TTM)0.0942
Return on asset (TTM)0.0258
Return on equity (TTM)0.1252
Revenue TTM4,397,244,928
Revenue per share TTM72.4380
Quarterly Revenue Growth (YOY)0.1650
Quarterly Earnings Growth (YOY)-0.1150
Gross Profit (TTM)740,470,000
Dividends
Dividend Share1.3000
Dividend Yield0.0143
Valuations
Trailing PE17.3210
Forward PE13.2979
Price Sales (TTM)0.0000
Price Book (MRQ)2.2307
Revenue Enterprise Value 1.6180
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding60,792,000
Shares Float59,832,726
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.03
Insider (%)1.23
Institutions (%)85.96


08/29 16:15 EST - prnewswire.com
Selective to Present at the 2024 Keefe, Bruyette & Woods Insurance Conference
Branchville, N.J. , Aug. 29, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that John J.
08/15 10:10 EST - zacks.com
Selective Insurance (SIGI) Banks on Premiums Amid Cost Woes
Selective Insurance (SIGI) gains from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.
07/28 01:24 EST - seekingalpha.com
Selective Insurance Group: A Weakened Insurance Carrier Priced For Perfection
Selective Insurance Group achieved post-tax earnings of $365 million in 2023, driven by increased investment income and implemented rate changes. The company has displayed resilience and stability in the face of challenges in the insurance industry, with superior underwriting performance compared to peers. For the first six months of the year, the company has experienced weaker underwriting margins, coupled with prior year reserve strengthening in the commercial lines of business.
07/22 11:21 EST - zacks.com
Selective Insurance (SIGI) Q2 Earnings Miss on Higher Expenses
Selective Insurance's (SIGI) Q2 results reflect poor underwriting performance, unfavorable prior-year casualty reserve development and escalating costs, offset by higher premiums.
07/22 08:23 EST - benzinga.com
Selective Insurance Analysts Cut Their Forecasts After Downbeat Earnings
Selective Insurance Group, Inc. SIGI posted weak quarterly results, after the closing bell on Thursday.
07/18 19:32 EST - zacks.com
Compared to Estimates, Selective Insurance (SIGI) Q2 Earnings: A Look at Key Metrics
The headline numbers for Selective Insurance (SIGI) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
07/18 18:45 EST - zacks.com
Selective Insurance (SIGI) Reports Q2 Loss, Lags Revenue Estimates
Selective Insurance (SIGI) came out with a quarterly loss of $1.10 per share versus the Zacks Consensus Estimate of $1.56. This compares to earnings of $0.99 per share a year ago.
07/18 16:15 EST - prnewswire.com
Selective Reports Second Quarter 2024 Results
Net Loss of $1.08 per Diluted Common Share and Non-GAAP Operating Loss1 of $1.10 per Diluted Common Share; Return on Common Equity ("ROE") of (9.5)% and Non-GAAP Operating ROE1 of (9.6)% Quarterly Analyst Conference Call Rescheduled for Friday, July 19, 2024, at 8:00 AM ET In the second quarter of 2024: Net premiums written ("NPW") increased 13% compared to the second quarter of 2023; The GAAP combined ratio was 116.1%, compared to 100.2% in the second quarter of 2023; Commercial Lines renewal pure price increases averaged 7.9%, up 1.2 points from 6.7% in the second quarter of 2023; After-tax net investment income was $86 million, up 11% from the second quarter of 2023; Book value per common share was $44.74, down 3% from last quarter; and Adjusted book value per common share¹ was $49.67, down 3% from last quarter. BRANCHVILLE, N.J.
07/18 11:07 EST - zacks.com
Selective Insurance (SIGI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Selective Insurance (SIGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
07/02 16:15 EST - prnewswire.com
Selective Insurance Schedules Earnings Release and Conference Call to Announce Second Quarter 2024 Results
BRANCHVILLE, N.J. , July 2, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its second quarter financial results on Thursday, July 25, 2024, after market close.
07/01 16:15 EST - prnewswire.com
Kate Sampson Named as New Independent Director
Brings Over 25 Years of Insurance, Risk Management, and Technology Experience BRANCHVILLE, N.J., July 1, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (NASDAQ: SIGI) today announced the appointment of Kate Sampson to the Board of Directors, effective July 1, 2024.
06/14 10:40 EST - zacks.com
Here's Why You Should Hold Selective Insurance (SIGI) Stock
Selective Insurance (SIGI) stands to benefit from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.
06/09 10:30 EST - 247wallst.com
10 Smartest Dividend Stocks to Buy With $500 Right Now
There are several different strategies for investing in the stock market, one of which is investing to maximize dividends.
06/07 13:50 EST - zacks.com
AXS or SIGI: Which P&C Insurer Should You Stay Invested In?
Let's see how Selective Insurance Group (SIGI) and Axis Capital Holdings Limited (AXS) fare in terms of some of the key metrics.
05/31 12:35 EST - zacks.com
Selective Insurance (SIGI) Up 0.1% Since Last Earnings Report: Can It Continue?
Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?
05/20 01:18 EST - https://www.defenseworld.net
Financial Comparison: Everest Group (NYSE:EG) vs. Selective Insurance Group (NASDAQ:SIGI)
Everest Group (NYSE:EG – Get Free Report) and Selective Insurance Group (NASDAQ:SIGI – Get Free Report) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, risk, valuation, earnings, institutional ownership, analyst recommendations and profitability. Profitability This table compares Everest Group and Selective Insurance Group’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Everest Group 18.69% 24.86% 6.36% Selective Insurance Group 8.02% 13.73% 3.09% Valuation & Earnings This table compares Everest Group and Selective Insurance Group’s revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Everest Group $14.59 billion 1.17 $2.52 billion $67.29 5.84 Selective Insurance Group $4.40 billion 1.35 $365.24 million $5.66 17.28 Everest Group has higher revenue and earnings than Selective Insurance Group. Everest Group is trading at a lower price-to-earnings ratio than Selective Insurance Group, indicating that it is currently the more affordable of the two stocks. Dividends Everest Group pays an annual dividend of $7.00 per share and has a dividend yield of 1.8%. Selective Insurance Group pays an annual dividend of $1.40 per share and has a dividend yield of 1.4%. Everest Group pays out 10.4% of its earnings in the form of a dividend. Selective Insurance Group pays out 24.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Everest Group has increased its dividend for 2 consecutive years and Selective Insurance Group has increased its dividend for 10 consecutive years. Everest Group is clearly the better dividend stock, given its higher yield and lower payout ratio. Analyst Recommendations This is a breakdown of recent ratings and target prices for Everest Group and Selective Insurance Group, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Everest Group 0 3 3 1 2.71 Selective Insurance Group 1 4 1 0 2.00 Everest Group currently has a consensus price target of $432.11, suggesting a potential upside of 9.97%. Selective Insurance Group has a consensus price target of $105.17, suggesting a potential upside of 7.55%. Given Everest Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe Everest Group is more favorable than Selective Insurance Group. Volatility and Risk Everest Group has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500. Comparatively, Selective Insurance Group has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500. Insider and Institutional Ownership 92.6% of Everest Group shares are owned by institutional investors. Comparatively, 82.9% of Selective Insurance Group shares are owned by institutional investors. 1.2% of Everest Group shares are owned by insiders. Comparatively, 1.5% of Selective Insurance Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term. Summary Everest Group beats Selective Insurance Group on 14 of the 18 factors compared between the two stocks. About Everest Group (Get Free Report) Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda. About Selective Insurance Group (Get Free Report) Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. 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.
05/16 08:11 EST - zacks.com
Reasons Why Investors Should Retain Selective Insurance (SIGI)
Selective Insurance (SIGI) stands to gain from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.
05/04 11:31 EST - seekingalpha.com
Selective Insurance Group, Inc. (SIGI) Q1 2024 Earnings Call Transcript
Selective Insurance Group, Inc. (NASDAQ:SIGI ) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Brad Wilson - SVP, IR and Treasurer John Marchioni - Chairman, President and Chief Executive Officer Tony Harnett - SVP, Chief Accounting Officer and Interim Chief Financial Officer Conference Call Participants Mike Zaremski - BMO Capital Markets Michael Phillips - Oppenheimer Dean Criscitiello - KBW Matt Carletti - Citizens JMP Grace Carter - Bank of America Bob Farnam - Janney Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
05/02 12:46 EST - zacks.com
Selective Insurance (SIGI) Q1 Earnings Miss, Premiums Rise Y/Y
Selective Insurance (SIGI) first-quarter results suffer due to higher non-catastrophe property loss and loss expenses. However, average renewal pure price increases and new business growth offer some respite.
05/01 21:00 EST - zacks.com
Selective Insurance (SIGI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Selective Insurance (SIGI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.