SIGI RSI Chart
Last 7 days
6.2%
Last 30 days
6.2%
Last 90 days
9.7%
Trailing 12 Months
17.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.7B | 3.9B | 4.1B | 4.2B |
2022 | 3.4B | 3.4B | 3.5B | 3.6B |
2021 | 3.1B | 3.2B | 3.3B | 3.4B |
2020 | 2.8B | 2.8B | 2.9B | 2.9B |
2019 | 2.7B | 2.7B | 2.8B | 2.8B |
2018 | 2.5B | 2.5B | 2.6B | 2.6B |
2017 | 2.3B | 2.4B | 2.4B | 2.5B |
2016 | 2.2B | 2.2B | 2.2B | 2.3B |
2015 | 2.0B | 2.1B | 2.1B | 2.1B |
2014 | 2.0B | 2.0B | 2.0B | 2.0B |
2013 | 1.8B | 1.8B | 1.9B | 1.9B |
2012 | 1.6B | 1.6B | 1.7B | 1.7B |
2011 | 1.6B | 1.6B | 1.6B | 1.6B |
2010 | 1.6B | 1.6B | 1.6B | 1.6B |
2009 | 0 | 1.6B | 1.5B | 1.5B |
2008 | 0 | 0 | 0 | 1.6B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 04, 2024 | hall brenda m | sold | -278,034 | 105 | -2,626 | evp, coo, standard lines |
Feb 16, 2024 | doherty robert kelly | sold | -303,603 | 104 | -2,900 | - |
Feb 08, 2024 | marchioni john j. | gifted | - | - | -14,423 | president and ceo |
Feb 08, 2024 | marchioni john j. | gifted | - | - | 14,423 | president and ceo |
Feb 02, 2024 | cavanaugh terrence w | bought | 98,470 | 98.47 | 1,000 | - |
Feb 01, 2024 | marchioni john j. | sold (taxes) | -1,162,080 | 96.8 | -12,005 | president and ceo |
Feb 01, 2024 | eppers joseph | sold (taxes) | -100,962 | 96.8 | -1,043 | evp, chief investment officer |
Feb 01, 2024 | harnett anthony d. | sold (taxes) | -84,990 | 96.8 | -878 | svp, cao and interim cfo |
Feb 01, 2024 | lanza michael h | sold (taxes) | -195,439 | 96.8 | -2,019 | evp and general counsel |
Feb 01, 2024 | kush paul | sold (taxes) | -124,872 | 96.8 | -1,290 | evp, chief claims officer |
Which funds bought or sold SIGI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -4.97 | -192,496 | 2,107,800 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | new | - | 1,989,600 | 1,989,600 | 0.01% |
Mar 15, 2024 | Skyline Advisors, Inc. | new | - | 753,561 | 753,561 | 0.36% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.67 | -18,643,500 | 617,421,000 | 0.01% |
Mar 06, 2024 | Alamar Capital Management, LLC | reduced | -26.48 | -951,462 | 2,316,880 | 1.84% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 107 | 50,309,400 | 100,540,000 | 0.01% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -3.13 | -781,991 | 11,071,700 | 0.05% |
Feb 28, 2024 | EP Wealth Advisors, LLC | reduced | -2.01 | -16,681 | 285,607 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -2.67 | -238,000 | 3,632,000 | 0.03% |
Feb 20, 2024 | Quarry LP | new | - | 17,011 | 17,011 | -% |
Unveiling Selective Insurance Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Selective Insurance Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AJG | 54.2B | 10.1B | 55.87 | 5.38 | ||||
AIG | 53.2B | 46.8B | 14.61 | 1.14 | ||||
TRV | 52.7B | 41.4B | 17.63 | 1.27 | ||||
AFL | 49.5B | 18.7B | 10.63 | 2.65 | ||||
ACGL | 34.6B | 13.6B | 7.78 | 2.54 | ||||
ARGO | 34.5B | - | -164.03 | 28.02 | ||||
AFG | 11.4B | 7.8B | 13.4 | 1.46 | ||||
MID-CAP | ||||||||
UNM | 10.3B | 12.4B | 8.01 | 0.83 | ||||
AIZ | 9.8B | 11.1B | 15.23 | 0.88 | ||||
LNC | 5.4B | 11.6B | -7.2 | 0.47 | ||||
AEL | 4.5B | 2.8B | 21.2 | 1.57 | ||||
SMALL-CAP | ||||||||
BRP | 1.7B | 1.2B | -19.31 | 1.43 | ||||
AMSF | 960.0M | 306.9M | 15.46 | 3.13 | ||||
AMBC | 706.4M | 269.0M | 156.98 | 2.63 | ||||
AAME | 57.1M | 185.3M | 18.41 | 0.31 |
Selective Insurance Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.7% | 1,111 | 1,081 | 1,041 | 1,000 | 952 | 895 | 865 | 846 | 870 | 865 | 841 | 804 | 798 | 777 | 682 | 665 | 729 | 710 | 708 | 699 | 643 |
Operating Expenses | -42.5% | 3.00 | 6.00 | 9.00 | 12.00 | 7.00 | 6.00 | 8.00 | 11.00 | 5.00 | 4.00 | 9.00 | 10.00 | 6.00 | 4.00 | 6.00 | 9.00 | 3.00 | 6.00 | 10.00 | 12.00 | 3.00 |
EBITDA Margin | 6.1% | 0.12* | 0.12* | 0.11* | 0.11* | 0.10* | 0.11* | 0.12* | 0.15* | 0.17* | 0.19* | 0.19* | 0.17* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.0% | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 12.00 | 6.00 |
Income Taxes | 37.8% | 32.00 | 23.00 | 16.00 | 22.00 | 21.00 | 10.00 | 10.00 | 14.00 | 25.00 | 19.00 | 31.00 | 26.00 | 32.00 | 15.00 | 9.00 | 1.00 | 19.00 | 15.00 | 18.00 | 12.00 | 6.00 |
Earnings Before Taxes | 39.5% | 157 | 113 | 74.00 | 115 | 108 | 53.00 | 50.00 | 70.00 | 124 | 93.00 | 153 | 136 | 159 | 85.00 | 43.00 | 16.00 | 101 | 71.00 | 90.00 | 74.00 | 52.00 |
EBT Margin | 7.8% | 0.11* | 0.10* | 0.09* | 0.09* | 0.08* | 0.09* | 0.10* | 0.13* | 0.15* | 0.16* | 0.17* | 0.14* | - | - | - | - | - | - | - | - | - |
Net Income | 40.0% | 125 | 89.00 | 59.00 | 93.00 | 87.00 | 43.00 | 40.00 | 56.00 | 99.00 | 74.00 | 122 | 109 | 127 | 70.00 | 34.00 | 15.00 | 82.00 | 56.00 | 72.00 | 61.00 | 46.00 |
Net Income Margin | 7.5% | 0.09* | 0.08* | 0.07* | 0.07* | 0.06* | 0.07* | 0.08* | 0.10* | 0.12* | 0.13* | 0.13* | 0.11* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 2.4% | 229 | 223 | 154 | 130 | 313 | 234 | 144 | 85.00 | 221 | 245 | 157 | 126 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 3.3% | 11,803 | 11,428 | 11,217 | 11,015 | 10,802 | 10,520 | 10,318 | 10,311 | 10,461 | 10,442 | 10,168 | 9,849 | 9,688 | 9,515 | 9,306 | 8,975 | 8,797 | 8,719 | 8,576 | 8,283 | 7,953 |
Cash Equivalents | -0.5% | 13.00 | 13.00 | 21.00 | 36.00 | 25.00 | 9.00 | 8.00 | 18.00 | 45.00 | 35.00 | 9.00 | 9.00 | 15.00 | 16.00 | 6.00 | 15.00 | 8.00 | 10.00 | 8.00 | 11.00 | 17.00 |
Net PPE | 2.3% | 83.00 | 81.00 | 81.00 | 83.00 | 84.00 | 85.00 | 83.00 | 83.00 | 82.00 | 75.00 | 75.00 | 76.00 | 78.00 | 78.00 | 79.00 | 80.00 | 77.00 | 76.00 | 74.00 | 69.00 | 65.00 |
Goodwill | -0.6% | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 |
Liabilities | 0.7% | 8,848 | 8,784 | 8,546 | 8,346 | 8,275 | 8,093 | 7,724 | 7,532 | 7,479 | 7,520 | 7,277 | 7,105 | 6,949 | 7,121 | 7,007 | 6,879 | 6,602 | 6,582 | 6,516 | 6,358 | 6,161 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 167 | 252 | 302 | - | - | - | - | - |
Long Term Debt | - | 504 | - | - | - | 505 | - | - | - | 506 | - | - | - | 551 | - | - | - | 551 | - | - | 550 | 440 |
Shareholder's Equity | 11.7% | 2,954 | 2,644 | 2,671 | 210 | 2,528 | 2,428 | 210 | 2,778 | 2,983 | 2,922 | 200 | 209 | 200 | 2,394 | 2,299 | 2,096 | 82.00 | 2,137 | 207 | 1,925 | 390 |
Retained Earnings | 3.5% | 3,029 | 2,928 | 2,860 | 2,822 | 2,750 | 2,684 | 2,661 | 2,640 | 2,603 | 2,524 | 2,468 | 2,363 | 2,272 | 2,160 | 2,104 | 2,083 | 2,081 | 2,012 | 1,968 | 1,908 | 1,858 |
Additional Paid-In Capital | 1.1% | 523 | 517 | 512 | 503 | 493 | 486 | 481 | 473 | 464 | 458 | 454 | 446 | 439 | 439 | 435 | 427 | 419 | 412 | 407 | 399 | 390 |
Accumulated Depreciation | 1.2% | 271 | 268 | 262 | 257 | 251 | 272 | 265 | 260 | 253 | 257 | 252 | 246 | 240 | 240 | 237 | 232 | 228 | 224 | 220 | 216 | 212 |
Shares Outstanding | 0.1% | 61.00 | 61.00 | 61.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 5,764 | - | - | - | 5,159 | - | - | - | 4,788 | - | - | - | 3,092 | - | - | - | 4,357 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 3.5% | 236,602 | 228,660 | 157,877 | 135,769 | 316,965 | 241,961 | 150,804 | 92,679 | 228,119 | 250,851 | 162,196 | 130,256 | 173,162 | 183,498 | 158,068 | 39,317 | 161,296 | 151,059 | 118,501 | 46,639 | 162,459 |
Share Based Compensation | -43.5% | 1,972 | 3,488 | 5,167 | 7,719 | 3,305 | 3,237 | 4,855 | 7,031 | 2,462 | 2,504 | 4,434 | 6,493 | 2,292 | 2,737 | 4,160 | 7,038 | 3,220 | 4,203 | 4,977 | 6,677 | 2,357 |
Cashflow From Investing | 0.1% | -216,328 | -216,463 | -155,326 | -98,238 | -283,580 | -216,370 | -138,591 | -95,906 | -201,020 | -159,072 | -147,754 | -110,934 | -190,173 | -75,474 | -106,699 | -315,828 | -152,634 | -135,967 | -112,293 | -142,729 | -148,332 |
Cashflow From Financing | -1.2% | -20,347 | -20,110 | -16,958 | -27,075 | -17,209 | -24,124 | -22,531 | -23,952 | -16,825 | -66,243 | -14,105 | -25,637 | 16,347 | -97,766 | -60,338 | 283,142 | -10,850 | -12,572 | -9,079 | 89,685 | -10,040 |
Dividend Payments | 16.7% | 20,705 | 17,737 | 17,695 | 17,690 | 17,613 | 16,421 | 16,439 | 16,447 | 16,380 | 14,601 | 14,586 | 14,569 | 14,514 | 13,341 | 13,318 | 13,313 | 13,235 | 11,500 | 11,478 | 11,462 | 11,403 |
Buy Backs | -56.8% | 126 | 292 | 69.00 | 7,443 | 263 | 6,006 | 6,483 | 5,592 | 76.00 | 58.00 | 71.00 | 8,845 | 14.00 | 57.00 | 54.00 | 6,928 | 93.00 | 1,356 | 130 | 6,585 | 133 |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Net premiums earned | $ 3,827,606 | $ 3,373,380 | $ 3,017,253 |
Net investment income earned | 388,650 | 288,155 | 326,589 |
Net realized and unrealized investment gains (losses) | (3,552) | (114,808) | 17,599 |
Other income | 19,402 | 11,335 | 17,723 |
Total revenues | 4,232,106 | 3,558,062 | 3,379,164 |
Expenses: | |||
Loss and loss expense incurred | 2,484,285 | 2,111,778 | 1,813,984 |
Amortization of deferred policy acquisition costs | 796,182 | 705,822 | 626,469 |
Other insurance expenses | 433,742 | 400,313 | 375,931 |
Interest expense | 28,799 | 28,847 | 29,165 |
Corporate expenses | 30,686 | 31,116 | 28,305 |
Total expenses | 3,773,694 | 3,277,876 | 2,873,854 |
Income before federal income tax | 458,412 | 280,186 | 505,310 |
Federal income tax expense: | |||
Current | 94,022 | 78,308 | 87,335 |
Deferred | (848) | (23,008) | 14,138 |
Total federal income tax expense | 93,174 | 55,300 | 101,473 |
Net income | 365,238 | 224,886 | 403,837 |
Preferred stock dividends | 9,200 | 9,200 | 9,353 |
Net Income available to common stockholders | $ 356,038 | $ 215,686 | $ 394,484 |
Earnings per common share: | |||
Earnings per common share - net income available to common stockholders - Basic | $ 5.87 | $ 3.57 | $ 6.55 |
Earnings per common share - net income available to common stockholders - Diluted | $ 5.84 | $ 3.54 | $ 6.50 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Fixed income securities, held-to-maturity - at carrying value | $ 22,700 | $ 31,157 |
Less: allowance for credit losses | 0 | 0 |
Fixed income securities, held-to-maturity, net of allowance for credit losses | 22,700 | 31,157 |
Fixed income securities, available-for-sale - at fair value | 7,499,197 | 6,612,107 |
Financing Receivable, before Allowance for Credit Loss | 188,708 | 149,305 |
Less: allowance for credit losses | (291) | (116) |
Commercial mortgage loans, net of allowance for credit losses | 188,417 | 149,189 |
Equity securities - at fair value | 187,155 | 162,000 |
Short-term investments | 309,317 | 440,456 |
Alternative investments | 395,779 | 371,316 |
Other investments | 91,164 | 71,244 |
Total investments (Notes 5 and 7) | 8,693,729 | 7,837,469 |
Cash | 180 | 26 |
Restricted cash | 13,092 | 25,183 |
Accrued investment income | 66,339 | 59,167 |
Premiums receivable | 1,331,979 | 1,101,787 |
Less: allowance for credit losses (Note 8) | (18,900) | (16,100) |
Premiums receivable, net of allowance for credit losses | 1,313,079 | 1,085,687 |
Reinsurance recoverable | 658,525 | 784,410 |
Less: allowance for credit losses (Note 9) | (1,700) | (1,600) |
Reinsurance recoverable, net of allowance for credit losses | 656,825 | 782,810 |
Prepaid reinsurance premiums (Note 9) | 203,320 | 172,371 |
Current federal income tax (Note 14) | 0 | 3,545 |
Deferred federal income tax (Note 14) | 140,237 | 172,733 |
Property and equipment - at cost, net of accumulated depreciation and amortization | 83,272 | 84,306 |
Deferred policy acquisition costs (Note 2) | 424,864 | 368,624 |
Goodwill (Note 12) | 7,849 | 7,849 |
Other assets | 199,760 | 202,491 |
Total assets | 11,802,546 | 10,802,261 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Reserve for loss and loss expense (Note 10) | 5,336,911 | 5,144,821 |
Unearned premiums | 2,330,656 | 1,992,781 |
Long-term debt (Note 11) | 503,946 | 504,676 |
Current federal income tax (Note 14) | 6,251 | 0 |
Accrued salaries and benefits | 122,003 | 115,185 |
Other liabilities | 548,398 | 517,234 |
Total liabilities | 8,848,165 | 8,274,697 |
Stockholders’ Equity: | ||
Preferred stock of $0 par value per share (Note 17): Authorized shares: 5,000,000; Issued shares: 8,000 with $25,000 liquidation preference per share - 2023 and 2022 | 200,000 | 200,000 |
Common stock of $2 par value per share: Authorized shares: 360,000,000 Issued: 105,223,307 - 2023; 104,847,111 - 2022 | 210,447 | 209,694 |
Additional paid-in capital | 522,748 | 493,488 |
Retained earnings | 3,029,396 | 2,749,703 |
Accumulated other comprehensive income (loss) (Note 6) | (373,001) | (498,042) |
Treasury stock, at cost (shares: 44,586,870 - 2023; 44,508,211 - 2022) | (635,209) | (627,279) |
Total stockholders’ equity | 2,954,381 | 2,527,564 |
Total liabilities and stockholders’ equity | $ 11,802,546 | $ 10,802,261 |