Top MarketRank™ StocksTop MarketRank™NASDAQ:SIGI Selective Insurance Group (SIGI) Stock Price, News & Analysis $90.03 +0.77 (+0.86%) (As of 01:27 PM ET) Add Compare Share Share Today's Range$89.04▼$90.6950-Day Range$82.08▼$101.2052-Week Range$81.00▼$109.58Volume58,347 shsAverage Volume347,699 shsMarket Capitalization$5.48 billionP/E Ratio15.91Dividend Yield1.56%Price Target$98.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Selective Insurance Group alerts: Email Address Selective Insurance Group MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside9.4% Upside$98.67 Price TargetShort InterestHealthy1.82% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment0.71Based on 5 Articles This WeekInsider TradingAcquiring Shares$372,244 Bought Last QuarterProj. Earnings Growth105.45%From $3.85 to $7.91 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.4.75 out of 5 starsFinance Sector17th out of 862 stocksFire, Marine, & Casualty Insurance Industry2nd out of 50 stocks 2.1 Analyst's Opinion Consensus RatingSelective Insurance Group has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageSelective Insurance Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Selective Insurance Group's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.82% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Selective Insurance Group has recently decreased by 16.54%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSelective Insurance Group pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSelective Insurance Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Selective Insurance Group is 24.74%. 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 17.70% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.Read more about Selective Insurance Group's 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 3.2 News and Social Media Coverage News SentimentSelective Insurance Group has a news sentiment score of 0.71. 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 higher news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Selective Insurance Group this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for SIGI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows3 people have added Selective Insurance Group to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 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 $372,244.00 in company stock and sold $0.00 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.Read more about Selective Insurance Group's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Selective Insurance Group are expected to grow by 105.45% in the coming year, from $3.85 to $7.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Selective Insurance Group is 15.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Selective Insurance Group is 15.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.22.Price to Earnings Growth RatioSelective Insurance Group has a PEG Ratio of 1.46. 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 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Selective Insurance Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm Press US developing “war ending superweapon”?What’s driving this military investment opportunity? For the first time in history, 3 “wealth factors” are converging now to create a perfect storm for investors.Go here to see everything you need. About Selective Insurance Group Stock (NASDAQ:SIGI)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.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 HeadlinesJuly 24, 2024 | insidertrades.comTerrence W. Cavanaugh Acquires 2,000 Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) StockJuly 23, 2024 | insidertrades.comSelective Insurance Group, Inc. (NASDAQ:SIGI) CEO John J. Marchioni Buys 2,400 SharesAugust 23, 2024 | Paradigm Press (Ad) US developing “war ending superweapon”?What’s driving this military investment opportunity? For the first time in history, 3 “wealth factors” are converging now to create a perfect storm for investors.August 20 at 3:14 AM | americanbankingnews.comSelective Insurance Group, Inc. (NASDAQ:SIGI) Receives $98.67 Average Target Price from AnalystsAugust 19, 2024 | finance.yahoo.comSIGI Sep 2024 80.000 call (SIGI240920C00080000)August 13, 2024 | americanbankingnews.comSelective Insurance Group, Inc. Plans Quarterly Dividend of $0.35 (NASDAQ:SIGI)August 13, 2024 | americanbankingnews.comSelective Insurance Group, Inc. Forecasted to Earn Q1 2025 Earnings of $1.89 Per Share (NASDAQ:SIGI)August 5, 2024 | ca.finance.yahoo.comSIGI Aug 2024 100.000 callAugust 23, 2024 | Paradigm Press (Ad) US developing “war ending superweapon”?What’s driving this military investment opportunity? For the first time in history, 3 “wealth factors” are converging now to create a perfect storm for investors.July 29, 2024 | sg.finance.yahoo.comSelective Insurance Group Leads Trio Of Value Stocks On US Exchange With Appealing Price EstimatesJuly 28, 2024 | seekingalpha.comSelective Insurance Group, Inc. (SIGI) Q2 2024 Earnings Call TranscriptJuly 23, 2024 | finance.yahoo.comDirector Terrence Cavanaugh Acquires Shares of Selective Insurance Group Inc (SIGI)July 23, 2024 | msn.comKeefe, Bruyette & Woods Upgrades Selective Insurance Group (SIGI)July 22, 2024 | markets.businessinsider.comBreaking Down Selective Insurance Gr: 5 Analysts Share Their ViewsJuly 22, 2024 | markets.businessinsider.comSelective Insurance Analysts Cut Their Forecasts After Downbeat EarningsJuly 22, 2024 | benzinga.comSelective Insurance Analysts Cut Their Forecasts After Downbeat EarningsJuly 19, 2024 | finanznachrichten.deSelective Insurance Group, Inc.: Selective Reports Second Quarter 2024 ResultsJuly 19, 2024 | msn.comImplied Volatility Surging for Selective Insurance (SIGI) Stock OptionsSee 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 6/3 Dividend5/14/2024Dividend Payable6/03/2024Last Earnings7/18/2024Ex-Dividend for 9/3 Dividend8/15/2024Today8/23/2024Dividend Payable9/03/2024Next Earnings (Estimated)11/06/2024Fiscal 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$98.67 High Stock Price Target$120.00 Low Stock Price Target$85.00 Potential Upside/Downside+10.5%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.66 Trailing P/E Ratio15.77 Forward P/E Ratio23.18 P/E Growth1.46Net Income$365.24 million Net Margins5.12% Pretax Margin6.41% Return on Equity8.75% Return on Assets1.96% Debt Debt-to-Equity Ratio0.19 Current Ratio0.32 Quick Ratio0.32 Sales & Book Value Annual Sales$4.23 billion Price / Sales1.28 Cash Flow$6.60 per share Price / Cash Flow13.53 Book Value$45.46 per share Price / Book1.96Miscellaneous Outstanding Shares60,830,000Free Float59,880,000Market Cap$5.43 billion OptionableOptionable Beta0.54 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 CompetitorsPalomarNASDAQ:PLMRLemonadeNYSE:LMNDMediaAlphaNYSE:MAXRootNASDAQ:ROOTCincinnati FinancialNASDAQ:CINFView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 19,683 shares on 8/21/2024Ownership: 0.105%Point72 Asset Management L.P.Bought 23,543 shares on 8/19/2024Ownership: 0.039%Systematic Financial Management LPSold 11,531 shares on 8/16/2024Ownership: 0.511%Algert Global LLCBought 6,976 shares on 8/16/2024Ownership: 0.024%Cim Investment Management Inc.Sold 835 shares on 8/16/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions SIGI Stock Analysis - Frequently Asked Questions How have SIGI shares performed this year? Selective Insurance Group's stock was trading at $99.48 on January 1st, 2024. Since then, SIGI shares have decreased by 9.3% and is now trading at $90.21. View the best growth stocks for 2024 here. How were Selective Insurance Group's earnings last quarter? Selective Insurance Group, Inc. (NASDAQ:SIGI) announced its earnings results on Thursday, July, 18th. The insurance provider reported ($1.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.49 by $2.59. The insurance provider earned $1.20 billion during the quarter, compared to analysts' expectations of $1.21 billion. Selective Insurance Group had a trailing twelve-month return on equity of 8.75% and a net margin of 5.12%. 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. Who are Selective Insurance Group's major shareholders? Selective Insurance Group's top institutional investors include Dimensional Fund Advisors LP (2.33%), Boston Trust Walden Corp (1.63%), Victory Capital Management Inc. (1.51%) and Bank of New York Mellon Corp (1.15%). Insiders that own company stock include John J Marchioni, J Brian Thebault, John Burville, Terrence W Cavanaugh, Cynthia S Nicholson, Vincent M Senia, Brenda M Hall, Wole C Coaxum, Wole C Coaxum, Michael J Morrissey and Gregory E Murphy. 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. What other stocks do shareholders of Selective Insurance Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Selective Insurance Group investors own include AbbVie (ABBV), Pfizer (PFE), Simon Property Group (SPG), Abbott Laboratories (ABT), Gilead Sciences (GILD), International Paper (IP) and Coca-Cola (KO). This page (NASDAQ:SIGI) was last updated on 8/23/2024 by MarketBeat.com Staff From Our PartnersSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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