Selective Insurance Group, Inc. (SIGI)

NASDAQ: SIGI · IEX Real-Time Price · USD
81.40
-0.84 (-1.02%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.02%
Market Cap 4.91B
Revenue (ttm) 3.45B
Net Income (ttm) 259.33M
Shares Out 60.33M
EPS (ttm) 4.26
PE Ratio 19.11
Forward PE 13.39
Dividend $1.12 (1.38%)
Ex-Dividend Date Aug 12, 2022
Volume 374,850
Open 81.95
Previous Close 82.24
Day's Range 81.13 - 82.88
52-Week Range 66.81 - 94.35
Beta 0.61
Analysts Buy
Price Target 88.94 (+9.3%)
Earnings Date Oct 25, 2022

About SIGI

Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course ... [Read more...]

Industry Insurance
Founded 1926
CEO John Marchioni
Employees 2,440
Stock Exchange NASDAQ
Ticker Symbol SIGI
Full Company Profile

Financial Performance

In 2021, SIGI's revenue was $3.38 billion, an increase of 15.63% compared to the previous year's $2.92 billion. Earnings were $403.84 million, an increase of 63.92%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for SIGI stock is "Buy." The 12-month stock price forecast is 88.94, which is an increase of 9.26% from the latest price.

Price Target
$88.94
(9.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Should You Stay Invested in Selective Insurance (SIGI)

Solid renewal pricing, increase in exposure, higher income earned on fixed income securities and prudent capital deployment well poise Selective Insurance (SIGI) for growth.

1 week ago - Zacks Investment Research

Selective to Present at the 2022 Keefe, Bruyette & Woods Insurance Conference

BRANCHVILLE, N.J. , Sept. 6, 2022 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that executives John J.

3 weeks ago - PRNewsWire

Why Is Berkshire Hathaway B (BRK.B) Down 4.9% Since Last Earnings Report?

Berkshire Hathaway B (BRK.B) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

AXS or SIGI: Which P&C Insurance Stock is Better Placed?

Let's see how Axis Capital (AXS) and Selective Insurance (SIGI) fare in terms of some of the key metrics.

Other symbols: AXS
4 weeks ago - Zacks Investment Research

Selective Insurance (SIGI) Up 5.3% Since Last Earnings Report: Can It Continue?

Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Selective Insurance Scores Third Consecutive Great Place to Work Certification™

BRANCHVILLE, N.J., Sept. 1, 2022 /PRNewswire/ -- Selective Insurance, a leading business, home, auto, and flood insurer, announced today that it is Certified™ by Great Place to Work® for the third conse...

1 month ago - PRNewsWire

Here's Why Investors Should Hold Selective Insurance (SIGI)

Selective Insurance (SIGI) is well-poised to gain from higher direct new business, technology and process improvements, renewal pure price increases and solid capital position.

1 month ago - Zacks Investment Research

Selective Insurance (SIGI) Q2 Earnings Miss, Revenues Beat

Selective Insurance's (SIGI) Q2 results reflect average renewal pure price increases, solid retention, higher new business and exposure growth.

1 month ago - Zacks Investment Research

Selective Insurance (SIGI) Q2 Earnings Lag Estimates

Selective Insurance (SIGI) delivered earnings and revenue surprises of -6.40% and 3.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Selective Reports Second Quarter 2022 Results, Including Net Income of $0.61 per Diluted Common Share and Non-GAAP Op...

Second Quarter Return on Common Equity ("ROE") of 6.0% and Non-GAAP Operating ROE1 of 11.4% In the second quarter of 2022, we reported: Net premiums written ("NPW") increased 12% compared to the second ...

1 month ago - PRNewsWire

AS HOMEOWNERS HIT THE ROAD FOR VACATION, SELECTIVE INSURANCE STUDY FINDS OPPORTUNITIES FOR ADDITIONAL HOME SECURITY P...

BRANCHVILLE, N.J. , July 28, 2022 /PRNewswire/ -- Seventy-seven percent of U.S. homeowners plan to take at least one vacation between July and December 2022, according to a new study commissioned by Sel...

2 months ago - PRNewsWire

Analysts Estimate Selective Insurance (SIGI) to Report a Decline in Earnings: What to Look Out for

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.

2 months ago - Zacks Investment Research

Should You Retain Selective Insurance (SIGI) in Your Portfolio?

Selective Insurance (SIGI) is well-poised to gain from lower overhead and general and administrative expenses, strong new business growth, solid capital position and prudent capital deployment.

2 months ago - Zacks Investment Research

Selective Insurance Group, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2022 Results

BRANCHVILLE, N.J. , July 7, 2022 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced it will release its second quarter 2022 financial results after market close on Wednesday, Augus...

2 months ago - PRNewsWire

9 Stocks to Survive a “Dead Cat Bounce”

Investors usually aren't big fans of financial stocks, but if you know how to pick the right ones, it's possible to find safe opportunities. The post 9 Stocks to Survive a “Dead Cat Bounce” appeared fir...

3 months ago - InvestorPlace

Statement from Brian Sarisky, Senior Vice President, Chief Underwriting Officer, Commercial Lines, Selective Insuranc...

Nearly 1 in 4 business owners (22%) do not have an insurance policy on their business, according a survey by Selective Insurance and The Harris Poll. Of those that do, the study also found that almost h...

3 months ago - PRNewsWire

Should You Retain Selective Insurance (SIGI) Stock For Now?

Selective Insurance (SIGI) stands to gain from lower overhead and general and administrative expenses, strong new business growth, solid capital position and prudent capital deployment.

3 months ago - Zacks Investment Research

Why Is Selective Insurance (SIGI) Up 0.5% Since Last Earnings Report?

Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Why Should You Hold Selective Insurance (SIGI) Stock Now?

Selective Insurance (SIGI) is well-poised to gain from strong renewal price increases, higher income earned on fixed income securities, solid financial position and effective capital deployment.

4 months ago - Zacks Investment Research

SELECTIVE INSURANCE STUDY FINDS LESS THAN HALF OF BUSINESS OWNERS HAVE INCREASED INSURANCE LIMITS TO ACCOUNT FOR INFL...

Selective's Business Owners Policy Helps Small Businesses Protect Against Underinsurance in Times of High Inflation BRANCHVILLE, N.J. , May 10, 2022 /PRNewswire/ --  Selective Insurance today announced ...

4 months ago - PRNewsWire

Selective Insurance (SIGI) Q1 Earnings Beat, Revenues Rise Y/Y

Selective Insurance (SIGI) Q1 results reflect higher net premiums written and increased net investment income. Higher non-cat losses and lower favorable prior year casualty reserve development are offsets.

4 months ago - Zacks Investment Research

Selective Insurance (SIGI) Q1 Earnings and Revenues Beat Estimates

Selective Insurance (SIGI) delivered earnings and revenue surprises of 2.17% and 0.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Selective Reports Strong First Quarter 2022 Results, Including Net Income of $0.89 per Diluted Common Share and Non-G...

First Quarter Return on Common Equity ("ROE") of 8.1% and Non-GAAP Operating ROE1 of 12.8% In the first quarter of 2022, we reported: Net premiums written ("NPW") increased 11% compared to first quarter...

4 months ago - PRNewsWire

Earnings Preview: Selective Insurance (SIGI) Q1 Earnings Expected to Decline

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.

5 months ago - Zacks Investment Research

Selective Insurance Group, Inc. Schedules Earnings Release and Conference Call to Announce First Quarter 2022 Results

BRANCHVILLE, N.J. , April 5, 2022 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced it will release its first quarter 2022 financial results after market close on Wednesday, May 4...

5 months ago - PRNewsWire