StocksFundsScreenerSectorsWatchlists
SIGI

SIGI - Selective Insurance Group Inc Stock Price, Fair Value and News

109.17USD+1.75 (+1.63%)Market Closed

Market Summary

SIGI
USD109.17+1.75
Market Closed
1.63%

SIGI Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

SIGI Stock Price

View Fullscreen

SIGI RSI Chart

SIGI Valuation

Market Cap

6.6B

Price/Earnings (Trailing)

18.13

Price/Sales (Trailing)

1.56

EV/EBITDA

13.75

Price/Free Cashflow

8.99

SIGI Price/Sales (Trailing)

SIGI Profitability

EBT Margin

10.83%

Return on Equity

12.36%

Return on Assets

3.09%

Free Cashflow Yield

11.12%

SIGI Fundamentals

SIGI Revenue

Revenue (TTM)

4.2B

Rev. Growth (Yr)

16.65%

Rev. Growth (Qtr)

2.74%

SIGI Earnings

Earnings (TTM)

365.2M

Earnings Growth (Yr)

44.31%

Earnings Growth (Qtr)

39.95%

Breaking Down SIGI Revenue

Last 7 days

6.2%

Last 30 days

6.2%

Last 90 days

9.7%

Trailing 12 Months

17.8%

How does SIGI drawdown profile look like?

SIGI Financial Health

Debt/Equity

0.17

Debt/Cashflow

1.51

SIGI Investor Care

Dividend Yield

1.15%

Dividend/Share (TTM)

1.25

Shares Dilution (1Y)

0.50%

Diluted EPS (TTM)

5.84

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.7B3.9B4.1B4.2B
20223.4B3.4B3.5B3.6B
20213.1B3.2B3.3B3.4B
20202.8B2.8B2.9B2.9B
20192.7B2.7B2.8B2.8B
20182.5B2.5B2.6B2.6B
20172.3B2.4B2.4B2.5B
20162.2B2.2B2.2B2.3B
20152.0B2.1B2.1B2.1B
20142.0B2.0B2.0B2.0B
20131.8B1.8B1.9B1.9B
20121.6B1.6B1.7B1.7B
20111.6B1.6B1.6B1.6B
20101.6B1.6B1.6B1.6B
200901.6B1.5B1.5B
20080001.6B

Tracking the Latest Insider Buys and Sells of Selective Insurance Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold SIGI recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 47

Are Funds Buying or Selling SIGI?

Are funds buying SIGI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SIGI
No. of Funds

Unveiling Selective Insurance Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.24%
6,206,485
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Jan 23, 2024
blackrock inc.
12.8%
7,764,200
SC 13G/A
Feb 10, 2023
vanguard group inc
10.03%
6,044,820
SC 13G/A
Feb 09, 2023
vanguard group inc
9.94%
5,994,219
SC 13G/A
Jan 23, 2023
blackrock inc.
11.8%
7,094,794
SC 13G/A
Feb 10, 2022
vanguard group inc
9.43%
5,670,884
SC 13G/A
Jan 27, 2022
blackrock inc.
11.4%
6,838,881
SC 13G/A
Jan 25, 2022
blackrock inc.
11.4%
6,838,881
SC 13G/A
Feb 10, 2021
vanguard group inc
8.93%
5,341,578
SC 13G/A

Recent SEC filings of Selective Insurance Group Inc

View All Filings
Date Filed Form Type Document
Mar 27, 2024
ARS
ARS
Mar 27, 2024
DEF 14A
DEF 14A
Mar 05, 2024
4
Insider Trading
Mar 04, 2024
144
Notice of Insider Sale Intent
Feb 20, 2024
4
Insider Trading
Feb 16, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G
Major Ownership Report
Feb 09, 2024
10-K
Annual Report

What is the Fair Value of SIGI?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Selective Insurance Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.2B
10.1B
2.06% 34.68%
55.87
5.38
17.79% -12.97%
53.2B
46.8B
9.60% 65.12%
14.61
1.14
-14.05% -64.38%
52.7B
41.4B
4.15% 39.55%
17.63
1.27
12.15% 5.24%
49.5B
18.7B
6.78% 36.55%
10.63
2.65
-2.30% 5.45%
34.6B
13.6B
5.90% 39.95%
7.78
2.54
41.83% 201.02%
34.5B
-
2.08% 3279.31%
-164.03
28.02
-25.27% -3.53%
11.4B
7.8B
8.23% 15.64%
13.4
1.46
11.18% -5.12%
MID-CAP
10.3B
12.4B
8.23% 41.21%
8.01
0.83
3.35% -8.77%
9.8B
11.1B
5.53% 66.92%
15.23
0.88
9.21% 132.28%
5.4B
11.6B
16.79% 57.62%
-7.2
0.47
-38.09% -155.38%
4.5B
2.8B
1.15% 59.17%
21.2
1.57
100.59% -89.04%
SMALL-CAP
1.7B
1.2B
9.33% 19.19%
-19.31
1.43
24.25% -115.79%
960.0M
306.9M
-1.18% 2.33%
15.46
3.13
4.11% 11.70%
706.4M
269.0M
-5.96% 6.11%
156.98
2.63
-46.68% -99.14%
57.1M
185.3M
3.70% 12.45%
18.41
0.31
-3.68% -1.30%

Selective Insurance Group Inc News

Latest updates
MarketBeat5 hours ago

Selective Insurance Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.7%1,1111,0811,0411,000952895865846870865841804798777682665729710708699643
Operating Expenses-42.5%3.006.009.0012.007.006.008.0011.005.004.009.0010.006.004.006.009.003.006.0010.0012.003.00
EBITDA Margin6.1%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 Expenses0.0%7.007.007.007.007.007.007.007.007.007.007.007.008.008.008.008.007.007.007.0012.006.00
Income Taxes37.8%32.0023.0016.0022.0021.0010.0010.0014.0025.0019.0031.0026.0032.0015.009.001.0019.0015.0018.0012.006.00
Earnings Before Taxes39.5%15711374.0011510853.0050.0070.0012493.0015313615985.0043.0016.0010171.0090.0074.0052.00
EBT Margin7.8%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 Income40.0%12589.0059.0093.0087.0043.0040.0056.0099.0074.0012210912770.0034.0015.0082.0056.0072.0061.0046.00
Net Income Margin7.5%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 Cashflow2.4%22922315413031323414485.00221245157126---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.3%11,80311,42811,21711,01510,80210,52010,31810,31110,46110,44210,1689,8499,6889,5159,3068,9758,7978,7198,5768,2837,953
    Cash Equivalents-0.5%13.0013.0021.0036.0025.009.008.0018.0045.0035.009.009.0015.0016.006.0015.008.0010.008.0011.0017.00
  Net PPE2.3%83.0081.0081.0083.0084.0085.0083.0083.0082.0075.0075.0076.0078.0078.0079.0080.0077.0076.0074.0069.0065.00
  Goodwill-0.6%8.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.00
Liabilities0.7%8,8488,7848,5468,3468,2758,0937,7247,5327,4797,5207,2777,1056,9497,1217,0076,8796,6026,5826,5166,3586,161
  Short Term Borrowings--------------167252302-----
  Long Term Debt-504---505---506---551---551--550440
Shareholder's Equity11.7%2,9542,6442,6712102,5282,4282102,7782,9832,9222002092002,3942,2992,09682.002,1372071,925390
  Retained Earnings3.5%3,0292,9282,8602,8222,7502,6842,6612,6402,6032,5242,4682,3632,2722,1602,1042,0832,0812,0121,9681,9081,858
  Additional Paid-In Capital1.1%523517512503493486481473464458454446439439435427419412407399390
Accumulated Depreciation1.2%271268262257251272265260253257252246240240237232228224220216212
Shares Outstanding0.1%61.0061.0061.0060.0060.0060.0060.0060.0060.0060.0060.0060.00---------
Float---5,764---5,159---4,788---3,092---4,357--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations3.5%236,602228,660157,877135,769316,965241,961150,80492,679228,119250,851162,196130,256173,162183,498158,06839,317161,296151,059118,50146,639162,459
  Share Based Compensation-43.5%1,9723,4885,1677,7193,3053,2374,8557,0312,4622,5044,4346,4932,2922,7374,1607,0383,2204,2034,9776,6772,357
Cashflow From Investing0.1%-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%-20,347-20,110-16,958-27,075-17,209-24,124-22,531-23,952-16,825-66,243-14,105-25,63716,347-97,766-60,338283,142-10,850-12,572-9,07989,685-10,040
  Dividend Payments16.7%20,70517,73717,69517,69017,61316,42116,43916,44716,38014,60114,58614,56914,51413,34113,31813,31313,23511,50011,47811,46211,403
  Buy Backs-56.8%12629269.007,4432636,0066,4835,59276.0058.0071.008,84514.0057.0054.006,92893.001,3561306,585133

SIGI Income Statement

2023-12-31
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 earned388,650288,155326,589
Net realized and unrealized investment gains (losses)(3,552)(114,808)17,599
Other income19,40211,33517,723
Total revenues4,232,1063,558,0623,379,164
Expenses:   
Loss and loss expense incurred2,484,2852,111,7781,813,984
Amortization of deferred policy acquisition costs796,182705,822626,469
Other insurance expenses433,742400,313375,931
Interest expense28,79928,84729,165
Corporate expenses30,68631,11628,305
Total expenses3,773,6943,277,8762,873,854
Income before federal income tax458,412280,186505,310
Federal income tax expense:   
Current94,02278,30887,335
Deferred(848)(23,008)14,138
Total federal income tax expense93,17455,300101,473
Net income365,238224,886403,837
Preferred stock dividends9,2009,2009,353
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

SIGI Balance Sheet

2023-12-31
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 losses00
Fixed income securities, held-to-maturity, net of allowance for credit losses22,70031,157
Fixed income securities, available-for-sale - at fair value7,499,1976,612,107
Financing Receivable, before Allowance for Credit Loss188,708149,305
Less: allowance for credit losses(291)(116)
Commercial mortgage loans, net of allowance for credit losses188,417149,189
Equity securities - at fair value187,155162,000
Short-term investments309,317440,456
Alternative investments395,779371,316
Other investments91,16471,244
Total investments (Notes 5 and 7)8,693,7297,837,469
Cash18026
Restricted cash13,09225,183
Accrued investment income66,33959,167
Premiums receivable1,331,9791,101,787
Less: allowance for credit losses (Note 8)(18,900)(16,100)
Premiums receivable, net of allowance for credit losses1,313,0791,085,687
Reinsurance recoverable658,525784,410
Less: allowance for credit losses (Note 9)(1,700)(1,600)
Reinsurance recoverable, net of allowance for credit losses656,825782,810
Prepaid reinsurance premiums (Note 9)203,320172,371
Current federal income tax (Note 14)03,545
Deferred federal income tax (Note 14)140,237172,733
Property and equipment - at cost, net of accumulated depreciation and amortization83,27284,306
Deferred policy acquisition costs (Note 2)424,864368,624
Goodwill (Note 12)7,8497,849
Other assets199,760202,491
Total assets11,802,54610,802,261
LIABILITIES AND STOCKHOLDERS’ EQUITY  
Reserve for loss and loss expense (Note 10)5,336,9115,144,821
Unearned premiums2,330,6561,992,781
Long-term debt (Note 11)503,946504,676
Current federal income tax (Note 14)6,2510
Accrued salaries and benefits122,003115,185
Other liabilities548,398517,234
Total liabilities8,848,1658,274,697
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 2022200,000200,000
Common stock of $2 par value per share: Authorized shares: 360,000,000 Issued: 105,223,307 - 2023; 104,847,111 - 2022210,447209,694
Additional paid-in capital522,748493,488
Retained earnings3,029,3962,749,703
Accumulated other comprehensive income (loss) (Note 6)(373,001)(498,042)
Treasury stock, at cost (shares: 44,586,870 - 2023; 44,508,211 - 2022)(635,209)(627,279)
Total stockholders’ equity2,954,3812,527,564
Total liabilities and stockholders’ equity$ 11,802,546$ 10,802,261
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 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; 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; 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.
 CEO
 WEBSITEwww.selective.com
 EMPLOYEES2520

Selective Insurance Group Inc Frequently Asked Questions


What is the ticker symbol for Selective Insurance Group Inc? What does SIGI stand for in stocks?

SIGI is the stock ticker symbol of Selective Insurance Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Selective Insurance Group Inc (SIGI)?

As of Thu Mar 28 2024, market cap of Selective Insurance Group Inc is 6.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SIGI stock?

You can check SIGI's fair value in chart for subscribers.

What is the fair value of SIGI stock?

You can check SIGI's fair value in chart for subscribers. The fair value of Selective Insurance Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Selective Insurance Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SIGI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Selective Insurance Group Inc a good stock to buy?

The fair value guage provides a quick view whether SIGI is over valued or under valued. Whether Selective Insurance Group Inc is cheap or expensive depends on the assumptions which impact Selective Insurance Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SIGI.

What is Selective Insurance Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Mar 28 2024, SIGI's PE ratio (Price to Earnings) is 18.13 and Price to Sales (PS) ratio is 1.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SIGI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Selective Insurance Group Inc's stock?

In the past 10 years, Selective Insurance Group Inc has provided 0.183 (multiply by 100 for percentage) rate of return.