Selective Insurance Group (SIGI) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $78.73 to $79.96
• 50-Day Range: $79.33 to $97.51
• 52-Week Range: $78.73 to $109.58
• Volume: 465,125 shs
• Average Volume: 524,798 shs
• Market Capitalization: $4.82 billion
• P/E Ratio: 24.64
• Dividend Yield: 1.92%
• Price Target: $98.71
• Consensus Rating: Hold

Selective Insurance Group Stock Analysis - MarketRank™

Selective Insurance Group scored higher than 83% of companies evaluated by MarketBeat, and ranked 227th out of 941 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Selective Insurance Group has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Selective Insurance Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 10.24%

Earnings Growth

Earnings for Selective Insurance Group are expected to grow by 10.24% in the coming year, from $7.62 to $8.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Selective Insurance Group is 24.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Selective Insurance Group is 24.64, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.10.

Price to Book Value per Share Ratio

Selective Insurance Group has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.37% of the float of Selective Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

Selective Insurance Group has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Selective Insurance Group has recently increased by 11.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Selective Insurance Group pays a meaningful dividend of 1.90%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Selective Insurance Group has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of Selective Insurance Group is 47.21%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Selective Insurance Group will have a dividend payout ratio of 18.10% next year. This indicates that Selective Insurance Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -0.82

Percentage of Shares Shorted

2.37% of the float of Selective Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

Selective Insurance Group has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Selective Insurance Group has recently increased by 11.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.46

News Sentiment

Selective Insurance Group has a news sentiment score of 0.46. 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 0.87 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Selective Insurance Group this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for SIGI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Selective Insurance Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Selective Insurance Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.50% of the stock of Selective Insurance Group is held by insiders.

Percentage Held by Institutions

82.88% 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.

SIGI Stock Analysis - Frequently Asked Questions

How have SIGI shares performed this year?

Selective Insurance Group's stock was trading at $93.52 at the start of the year. Since then, SIGI shares have decreased by 15.2% and is now trading at $79.33.
View the best growth stocks for 2025 here.

How were Selective Insurance Group's earnings last quarter?

Selective Insurance Group, Inc. (NASDAQ:SIGI) issued its earnings results on Wednesday, January, 29th. The insurance provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.99 by $0.37. Selective Insurance Group had a net margin of 4.26% and a trailing twelve-month return on equity of 7.33%.

Who are Selective Insurance Group's major shareholders?

Selective Insurance Group's top institutional investors include Vanguard Group Inc. (10.89%), FMR LLC (8.99%), Geode Capital Management LLC (2.58%) and Dimensional Fund Advisors LP (2.23%). Insiders that own company stock include John J Marchioni, J Brian Thebault, John Burville, Terrence W Cavanaugh, Cynthia S Nicholson, Anthony D Harnett, Vincent M Senia, Brenda M Hall, 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.

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 American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 12/2 Dividend: 11/15/2024
• Dividend Payable: 12/02/2024
• Last Earnings: 1/29/2025
• Ex-Dividend for 3/3 Dividend: 2/14/2025
• Today: 2/21/2025
• Dividend Payable: 3/03/2025
• Next Earnings (Estimated): 5/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:SIGI
• CUSIP: 81630010
• CIK: 230557
• Web: www.selective.com
• Phone: (973) 948-3000
• Fax: 973-948-0282
• Employees: 2,840
• Year Founded: 1926

Price Target and Rating

• Average Stock Price Target: $98.71
• High Stock Price Target: $120.00
• Low Stock Price Target: $85.00
• Potential Upside/Downside: +24.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.22
• Trailing P/E Ratio: 24.64
• Forward P/E Ratio: 10.41
• P/E Growth: N/A
• Net Income: $207.01 million
• Net Margins: 4.26%
• Pretax Margin: 5.31%
• Return on Equity: 7.33%
• Return on Assets: 1.62%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.34
• Quick Ratio: 0.34

Sales & Book Value

• Annual Sales: $4.86 billion
• Price / Sales: 0.99
• Cash Flow: $3.98 per share
• Price / Cash Flow: 19.91
• Book Value: $48.02 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 60,810,000
• Free Float: 59,893,000
• Market Cap: $4.82 billion
• Optionable: Optionable
• Beta: 0.61