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SIGI

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

97.51USD-0.41 (-0.42%)Delayed as of 17 May 2024, 11:04 am ET

Market Summary

SIGI
USD97.51-0.41
Delayedas of 17 May 2024, 11:04 am
-0.42%

SIGI Stock Price

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SIGI RSI Chart

SIGI Valuation

Market Cap

6.0B

Price/Earnings (Trailing)

16.76

Price/Sales (Trailing)

1.35

EV/EBITDA

12.76

Price/Free Cashflow

8.34

SIGI Price/Sales (Trailing)

SIGI Profitability

EBT Margin

10.15%

Return on Equity

11.81%

Return on Assets

2.95%

Free Cashflow Yield

11.99%

SIGI Fundamentals

SIGI Revenue

Revenue (TTM)

4.4B

Rev. Growth (Yr)

16.52%

Rev. Growth (Qtr)

4.89%

SIGI Earnings

Earnings (TTM)

355.2M

Earnings Growth (Yr)

-10.86%

Earnings Growth (Qtr)

-33.91%

Breaking Down SIGI Revenue

52 Week Range

92.23106.54
(Low)(High)

Last 7 days

-0.5%

Last 30 days

-3.9%

Last 90 days

-5.6%

Trailing 12 Months

-3.9%

How does SIGI drawdown profile look like?

SIGI Financial Health

Debt/Equity

0.17

Debt/Cashflow

1.46

SIGI Investor Care

Dividend Yield

1.33%

Dividend/Share (TTM)

1.3

Shares Dilution (1Y)

0.49%

Diluted EPS (TTM)

5.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.4B000
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
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Tracking the Latest Insider Buys and Sells of Selective Insurance Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
doherty robert kelly
acquired
-
-
1,141
-
May 03, 2024
bacus lisa r
acquired
-
-
1,141
-
May 03, 2024
urban philip hugh
acquired
-
-
1,836
-
May 03, 2024
aijala ainar d jr
acquired
-
-
2,179
-
May 03, 2024
mills stephen
acquired
-
-
1,141
-
May 03, 2024
mccarthy thomas a
acquired
-
-
2,179
-
May 03, 2024
nicholson cynthia s
acquired
-
-
1,141
-
May 03, 2024
coaxum wole c
acquired
-
-
1,141
-
May 03, 2024
cavanaugh terrence w
acquired
-
-
2,179
-
May 03, 2024
scheid john stephen
acquired
-
-
1,660
-

1–10 of 50

Which funds bought or sold SIGI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
Point72 Asset Management, L.P.
sold off
-100
-8,889,330
-
-%
May 15, 2024
Port Capital LLC
added
10.27
6,033,000
34,748,000
1.74%
May 15, 2024
Aquatic Capital Management LLC
sold off
-100
-60,000
-
-%
May 15, 2024
Man Group plc
reduced
-29.39
-1,922,570
6,617,880
0.02%
May 15, 2024
Gotham Asset Management, LLC
sold off
-100
-260,837
-
-%
May 15, 2024
SILVERCREST ASSET MANAGEMENT GROUP LLC
reduced
-12.81
-1,677,560
37,210,400
0.25%
May 15, 2024
Dana Investment Advisors, Inc.
new
-
12,345,100
12,345,100
0.41%
May 15, 2024
Teza Capital Management LLC
sold off
-100
-248,203
-
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-74.06
-8,737,400
3,476,960
-%
May 15, 2024
Voya Investment Management LLC
reduced
-18.13
-243,122
2,151,960
-%

1–10 of 48

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
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading

Peers (Alternatives to Selective Insurance Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.1T
1.3B
- 3182.05%
-5.3K
838.33
-10.27% -34.69%
55.8B
10.6B
10.41% 18.83%
51.13
5.26
20.42% -6.05%
52.2B
48.4B
6.65% 46.48%
10.82
1.08
-4.15% -20.63%
50.2B
42.9B
-1.75% 20.66%
15.99
1.17
13.52% 12.15%
49.5B
19.3B
8.36% 31.67%
9.26
2.56
3.03% 17.35%
37.1B
14.4B
8.73% 35.25%
7.65
2.57
32.92% 143.01%
11.2B
8.0B
5.23% 15.55%
12.7
1.4
11.14% 7.56%
MID-CAP
10.0B
12.6B
4.70% 14.80%
7.57
0.8
4.24% -13.40%
9.1B
11.4B
2.52% 34.85%
11.92
0.8
9.81% 217.29%
5.1B
11.9B
10.11% 43.42%
3.78
0.43
-33.27% 234.43%
3.9B
3.2B
-0.20% 45.14%
5.55
1.23
64.05% -35.60%
SMALL-CAP
2.0B
1.3B
19.51% 50.60%
-36.97
1.59
18.74% 30.90%
888.4M
308.9M
-5.04% -15.64%
14.4
2.88
3.79% 10.94%
816.3M
314.0M
26.77% 23.65%
14.2
2.6
-29.20% -88.19%
34.9M
187.5M
-14.07% -22.97%
-48.25
0.19
2.74% 73.83%

Selective Insurance Group Inc News

Latest updates
Defense World25 hours ago
Zacks Investment Research28 hours ago
Seeking Alpha09 May 202407:33 am
Nasdaq02 May 202403:29 pm

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.9%1,1651,1111,0811,0411,000952895865846870865841804798777682665729710708699
Operating Expenses358.8%15.003.006.009.0012.007.006.008.0011.005.004.009.0010.006.004.006.009.003.006.0010.0012.00
EBITDA Margin-6.0%0.11*0.12*0.12*0.11*0.11*0.10*0.11*0.12*0.15*0.17*0.19*0.19*---------
Interest Expenses-0.1%7.007.007.007.007.007.007.007.007.007.007.007.007.008.008.008.008.007.007.007.0012.00
Income Taxes-37.6%20.0032.0023.0016.0022.0021.0010.0010.0014.0025.0019.0031.0026.0032.0015.009.001.0019.0015.0018.0012.00
Earnings Before Taxes-34.7%10315711374.0011510853.0050.0070.0012493.0015313615985.0043.0016.0010171.0090.0074.00
EBT Margin-6.3%0.10*0.11*0.10*0.09*0.09*0.08*0.09*0.10*0.13*0.15*0.16*0.17*---------
Net Income-33.9%83.0012589.0059.0093.0087.0043.0040.0056.0099.0074.0012210912770.0034.0015.0082.0056.0072.0061.00
Net Income Margin-6.4%0.08*0.09*0.08*0.07*0.07*0.06*0.07*0.08*0.10*0.12*0.13*0.13*---------
Free Cashflow-52.8%10822922315413031323414485.00221245157---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.1%12,05611,80311,42811,21711,01510,80210,52010,31810,31110,46110,44210,1689,8499,6889,5159,3068,9758,7978,7198,5768,283
    Cash Equivalents-10.8%12.0013.0013.0021.0036.0025.009.008.0018.0045.0035.009.009.0015.0016.006.0015.008.0010.008.0011.00
  Net PPE-0.7%83.0083.0081.0081.0083.0084.0085.0083.0083.0082.0075.0075.0076.0078.0078.0079.0080.0077.0076.0074.0069.00
  Goodwill0%8.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.008.00
Liabilities2.3%9,0508,8488,7848,5468,3468,2758,0937,7247,5327,4797,5207,2777,1056,9497,1217,0076,8796,6026,5826,5166,358
  Short Term Borrowings---------------167252302----
  Long Term Debt-100.0%-504---505---506---551---551--550
Shareholder's Equity1.8%3,0062,9542,6445122102,5282,4282002002,9832,9222,8912,7442,7392,3942,2992,0962,1952,137207206
  Retained Earnings1.9%3,0883,0292,9282,8602,8222,7502,6842,6612,6402,6032,5242,4682,3632,2722,1602,1042,0832,0812,0121,9681,908
  Additional Paid-In Capital2.2%534523517512503493486481473464458454446439439435427419412407399
Accumulated Depreciation2.4%278271268262257251272265260253257252246240240237232228224220216
Shares Outstanding0.3%61.0061.0061.0061.0060.0060.0060.0060.0060.0060.0060.0060.00---------
Float----5,764---5,159---4,788---3,092---4,357-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-51.7%114,206236,602228,660157,877135,769316,965241,961150,80492,679228,119250,851162,196130,256173,162183,498158,06839,317161,296151,059118,50146,639
  Share Based Compensation412.9%10,1151,9723,4885,1677,7193,3053,2374,8557,0312,4622,5044,4346,4932,2922,7374,1607,0383,2204,2034,9776,677
Cashflow From Investing60.2%-86,007-216,328-216,463-155,326-98,238-283,580-216,370-138,591-95,906-201,020-159,072-147,754-110,934-190,173-75,474-106,699-315,828-152,634-135,967-112,293-142,729
Cashflow From Financing-45.6%-29,627-20,347-20,110-16,958-27,075-17,209-24,124-22,531-23,952-16,825-66,243-14,105-25,63716,347-97,766-60,338283,142-10,850-12,572-9,07989,685
  Dividend Payments-100.0%-20,70517,73717,69517,69017,61316,42116,43916,44716,38014,60114,58614,56914,51413,34113,31813,31313,23511,50011,47811,462
  Buy Backs5215.1%6,69712629269.007,4432636,0066,4835,59276.0058.0071.008,84514.0057.0054.006,92893.001,3561306,585
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SIGI Income Statement

2024-03-31
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Net premiums earned$ 1,050,944$ 902,336
Net investment income earned107,84991,506
Net realized and unrealized investment gains (losses)(1,635)3,344
Other income7,8012,634
Total revenues1,164,959999,820
Expenses:  
Loss and loss expense incurred704,292567,438
Amortization of deferred policy acquisition costs219,435189,761
Other insurance expenses115,987108,588
Interest expense7,1817,166
Corporate expenses15,49812,108
Total expenses1,062,393885,061
Income before federal income tax102,566114,759
Federal income tax expense:  
Current21,41325,505
Deferred(1,365)(3,320)
Total federal income tax expense20,04822,185
Net income82,51892,574
Preferred stock dividends2,3002,300
Net income available to common stockholders, basic80,21890,274
Net income available to common stockholders, diluted$ 80,218$ 90,274
Earnings per common share:  
Net income available to common stockholders - Basic (in dollars per share)$ 1.32$ 1.49
Net income available to common stockholders - DIluted (in dollars per share)$ 1.31$ 1.48

SIGI Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed income securities, held-to-maturity – at carrying value (fair value: $19,183 – 2024; $21,923 – 2023)$ 20,295$ 22,700
Less: allowance for credit losses00
Fixed income securities, held-to-maturity, net of allowance for credit losses20,29522,700
Fixed income securities, available-for-sale – at fair value (allowance for credit losses: $30,381 – 2024 and $28,212 – 2023; amortized cost: $7,983,271 – 2024 and $7,880,697 – 2023)7,583,5047,499,197
Commercial mortgage loans – at carrying value (fair value: $197,807 – 2024 and $178,913 – 2023)208,152188,708
Less: allowance for credit losses(122)(291)
Commercial mortgage loans, net of allowance for credit losses208,030188,417
Equity securities – at fair value (cost:  $189,549 – 2024; $183,076 – 2023)194,320187,155
Short-term investments247,883309,317
Alternative investments402,689395,779
Other investments88,96091,164
Total investments (Note 4 and 5)8,745,6818,693,729
Cash124180
Restricted cash11,72013,092
Accrued investment income68,03466,339
Premiums receivable1,459,1121,331,979
Less: allowance for credit losses (Note 6)(20,000)(18,900)
Premiums receivable, net of allowance for credit losses1,439,1121,313,079
Reinsurance recoverable653,085658,525
Less: allowance for credit losses (Note 7)(1,700)(1,700)
Reinsurance recoverable, net of allowance for credit losses651,385656,825
Prepaid reinsurance premiums207,979203,320
Deferred federal income tax144,719140,237
Property and equipment – at cost, net of accumulated depreciation and amortization of: $277,945 – 2024; $271,409 – 202382,70383,272
Deferred policy acquisition costs448,340424,864
Goodwill7,8497,849
Other assets248,469199,760
Total assets12,056,11511,802,546
Liabilities:  
Reserve for loss and loss expense (Note 8)5,501,7505,336,911
Unearned premiums2,440,9922,330,656
Long-term debt503,305503,946
Current federal income tax26,5306,251
Accrued salaries and benefits97,918122,003
Other liabilities479,126548,398
Total liabilities9,049,6218,848,165
Stockholders’ Equity:  
Preferred stock of $0 par value per share: Authorized shares 5,000,000; Issued shares: 8,000 with $25,000 liquidation preference per share - 2024 and 2023200,000200,000
Common stock of $2 par value per share: Authorized shares 360,000,000; Issued: 105,447,377 - 2024; 105,223,307 - 2023210,895210,447
Additional paid-in capital534,327522,748
Retained earnings3,088,1503,029,396
Accumulated other comprehensive income (loss) (Note 11)(384,972)(373,001)
Treasury stock – at cost (shares:  44,655,938 – 2024; 44,586,870 – 2023)(641,906)(635,209)
Total stockholders’ equity3,006,4942,954,381
Commitments and contingencies
Total liabilities and stockholders’ equity$ 12,056,115$ 11,802,546
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
 WEBSITEselective.com
 INDUSTRYInsurance Property & Casualty
 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 May 16 2024, market cap of Selective Insurance Group Inc is 5.95 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 May 16 2024, SIGI's PE ratio (Price to Earnings) is 16.76 and Price to Sales (PS) ratio is 1.35. 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 0.171 (multiply by 100 for percentage) rate of return.