Selective Insurance Group, Inc. (SIGI)

NASDAQ: SIGI · IEX Real-Time Price · USD
101.68
-1.46 (-1.42%)
Apr 25, 2024, 11:46 AM EDT - Market open
-1.42%
Market Cap 6.16B
Revenue (ttm) 4.23B
Net Income (ttm) 356.04M
Shares Out 60.64M
EPS (ttm) 5.84
PE Ratio 17.66
Forward PE 13.03
Dividend $1.40 (1.38%)
Ex-Dividend Date Feb 14, 2024
Volume 37,336
Open 103.06
Previous Close 103.14
Day's Range 101.48 - 103.28
52-Week Range 91.99 - 109.58
Beta 0.53
Analysts Hold
Price Target 105.14 (+3.4%)
Earnings Date May 1, 2024

About 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, a... [Read more]

Sector Financials
Founded 1926
Employees 2,650
Stock Exchange NASDAQ
Ticker Symbol SIGI
Full Company Profile

Financial Performance

In 2023, SIGI's revenue was $4.23 billion, an increase of 18.94% compared to the previous year's $3.56 billion. Earnings were $356.04 million, an increase of 65.07%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SIGI stock is "Hold." The 12-month stock price forecast is $105.14, which is an increase of 3.40% from the latest price.

Price Target
$105.14
(3.40% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Selective Insurance Schedules Earnings Release and Conference Call to Announce First Quarter 2024 Results

BRANCHVILLE, N.J. , April 3, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its first quarter financial results on Wednesday, May 1, 2024, after market close.

21 days ago - PRNewsWire

Selective Insurance Now Offers the Phyn Smart Water and Leak Detection Solution to Eligible Homeowner Customers

BRANCHVILLE, N.J. & LOS ANGELES--(BUSINESS WIRE)--Selective Insurance, a leading business, home, and auto insurer, today announced that it is working with Phyn, the leader in intelligent water solutio...

2 months ago - Business Wire

Selective to Speak at the Bank of America Securities 2024 Financial Services Conference

BRANCHVILLE, N.J. , Feb. 8, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that John J.

2 months ago - PRNewsWire

Selective Reports Fourth Quarter and Year-End 2023 Results

Net Income of $2.01 per Diluted Common Share and Non-GAAP Operating Income1 of $1.94 per Diluted Common Share; Return on Common Equity ("ROE") of 18.9% and Non-GAAP Operating ROE1 of 18.2% Full Year 2...

3 months ago - PRNewsWire

Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2023 Results

BRANCHVILLE, N.J. , Jan. 10, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its fourth quarter financial results on Wednesday, January 31, 2024, after market close.

3 months ago - PRNewsWire

Selective Reports Third Quarter 2023 Results

Net Income of $1.42 per Diluted Common Share and Non-GAAP Operating Income1 of $1.51 per Diluted Common Share Return on Common Equity ("ROE") of 14.1% and Non-GAAP Operating ROE1 of 15.0% Quarterly Di...

6 months ago - PRNewsWire

Ascot Group Names Mark Wilcox as Chief Financial Officer

Mark joins Ascot from Selective Insurance Group. Inc. (Nasdaq: SIGI) with over two decades of experience in the insurance industry NEW YORK , Oct. 5, 2023 /PRNewswire/ -- Ascot Group Limited, the Berm...

7 months ago - PRNewsWire

Selective Announces CFO Transition

BRANCHVILLE, N.J. , Oct. 3, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) today announced that Mark Wilcox, Executive Vice President, Chief Financial Officer, has resigned from S...

7 months ago - PRNewsWire

Selective Insurance Schedules Earnings Release and Conference Call to Announce Third Quarter 2023 Results

BRANCHVILLE, N.J. , Oct. 2, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its third quarter financial results on Wednesday, November 1, 2023, after market close.

7 months ago - PRNewsWire

Selective to Present at the 2023 Keefe, Bruyette & Woods Insurance Conference

BRANCHVILLE, N.J. , Aug. 29, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that executives John J.

8 months ago - PRNewsWire

Selective Reports Second Quarter 2023 Results

Net Income of $0.92 per Diluted Common Share and Non-GAAP Operating Income1 of $0.99 per Diluted Common Share Return on Common Equity ("ROE") of 9.1% and Non-GAAP Operating ROE1 of 9.8% In the second ...

9 months ago - PRNewsWire

Selective Insurance Group, Inc. Announces Preliminary Second Quarter 2023 Results, Including Catastrophe Loss Estimates

BRANCHVILLE, N.J. , July 24, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced preliminary second quarter 2023 results and pre-tax net catastrophe loss estimates today.

9 months ago - PRNewsWire

Selective Insurance Earns Fourth Consecutive Great Place To Work Certification™

BRANCHVILLE, N.J. , July 18, 2023 /PRNewswire/ -- Selective Insurance, a leading business, home, and auto insurer, is proud to be Certified™ by Great Place To Work® for the fourth consecutive year.

10 months ago - PRNewsWire

Selective Insurance Schedules Earnings Release and Conference Call to Announce Second Quarter 2023 Results

BRANCHVILLE, N.J. , July 6, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its second quarter financial results on Wednesday, August 2, 2023, after market close.

10 months ago - PRNewsWire

Selective Insurance's Construction Risk Report Reveals Trends and Risks Facing General Contractors

BRANCHVILLE, N.J. , May 9, 2023 /PRNewswire/ -- Selective Insurance, a leading business insurance carrier with specialized expertise in the construction industry, today released a report on general co...

1 year ago - PRNewsWire

Selective Reports First Quarter 2023 Results, Including Net Income of $1.48 per Diluted Common Share and Non-GAAP Operating Income(1) of $1.44 per Diluted Common Share

First Quarter  2023 Return on Common Equity ("ROE") of 15.1% and Non-GAAP Operating ROE1 of 14.6% In the first quarter of 2023, we reported: Net premiums written ("NPW") increased 12% compared to the ...

1 year ago - PRNewsWire

SELECTIVE INSURANCE FINDS THE WESTERN U.S. IS MORE LIKELY TO BE DISTRACTED BY DOGS WHILE DRIVING

BRANCHVILLE, N.J. , April 26, 2023 /PRNewswire/ -- A recent poll commissioned by Selective Insurance, a leading business, home, and auto insurance carrier, found that all drivers experience distractio...

1 year ago - PRNewsWire

Selective Insurance Group, Inc. Schedules Earnings Release and Conference Call to Announce First Quarter 2023 Results

BRANCHVILLE, N.J. , April 5, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce  its first quarter 2023 financial results on Wednesday, May 3, 2023 after market close.

1 year ago - PRNewsWire

SELECTIVE INSURANCE SURVEY FINDS THE DOG DAYS OF DRIVING ARE HERE: OUR FURRY FRIENDS CREATE DRIVER DISTRACTIONS ON US ROADWAYS

BRANCHVILLE, N.J. , March 28, 2023 /PRNewswire/ -- Dogs may be man's best friend, but they aren't always a safe driving companion.

1 year ago - PRNewsWire

SELECTIVE INSURANCE NAMED ONE OF AMERICA'S BEST MIDSIZE EMPLOYERS FOR 2023 BY FORBES

BRANCHVILLE, N.J. , March 22, 2023 /PRNewswire/ -- Selective Insurance, a leading business, home, and auto carrier, has been named by Forbes as one of America's Best Midsize Employers for 2023.

1 year ago - PRNewsWire

SELECTIVE INSURANCE INTRODUCES ERGONOMIC SOLUTION TO HELP REDUCE WORKPLACE INJURIES AND ENHANCE EMPLOYEE WELLNESS

BRANCHVILLE, N.J. , March 15, 2023 /PRNewswire/ -- Selective Insurance, a leading business and personal insurance carrier, has introduced an ergonomic risk assessment tool that can identify high-risk ...

1 year ago - PRNewsWire

SELECTIVE CROWNS 4th ANNUAL COLLEGE INSURANCE COMPETITION WINNER

BRANCHVILLE, N.J. , Feb. 27, 2023 /PRNewswire/ -- The University of North Carolina at Charlotte's team of insurance-minded students won Selective Insurance's 2023 College Competition, an annual progra...

1 year ago - PRNewsWire

SELECTIVE INSURANCE ENHANCES MANAGEMENT LIABILITY COVERAGE SUITE FOR NOT-FOR-PROFIT ORGANIZATIONS AND PRIVATE COMPANIES

The robust, modular-type policy provides flexibility in purchasing options and limits and can be tailored to each organization's unique coverage needs BRANCHVILLE, N.J. , Feb. 8, 2023 /PRNewswire/ -- ...

1 year ago - PRNewsWire

Selective to Speak at the Bank of America Securities 2023 Financial Services Conference

BRANCHVILLE, N.J. , Feb. 7, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that John J.

1 year ago - PRNewsWire

Selective Reports Fourth Quarter 2022 Results, Including Net Income of $1.38 per Diluted Common Share and Non-GAAP Operating Income(1) of $1.46 per Diluted Common Share

Fourth Quarter  2022 Return on Common Equity ("ROE") of 14.8% and Non-GAAP Operating ROE1 of 15.6% Full Year 2022 ROE of 8.8% and Non-GAAP Operating ROE1 of 12.4% In the fourth quarter of 2022, we rep...

1 year ago - PRNewsWire