SIGI icon

Selective Insurance

78.49 USD
-0.84
1.06%
At close Feb 21, 4:00 PM EST
After hours
78.49
+0.00
0.00%
1 day
-1.06%
5 days
-5.30%
1 month
-17.16%
3 months
-18.56%
6 months
-11.75%
Year to date
-14.82%
1 year
-21.82%
5 years
18.60%
10 years
182.34%
 

About: Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.

Employees: 2,650

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 30

46% more call options, than puts

Call options by funds: $477K | Put options by funds: $327K

32% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 103

2% more funds holding

Funds holding: 322 [Q3] → 329 (+7) [Q4]

1% more capital invested

Capital invested by funds: $4.74B [Q3] → $4.79B (+$48.2M) [Q4]

0.77% more ownership

Funds ownership: 83.51% [Q3] → 84.28% (+0.77%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$87
11%
upside
Avg. target
$90
15%
upside
High target
$93
18%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Meyer Shields
62% 1-year accuracy
69 / 112 met price target
18%upside
$93
Market Perform
Downgraded
7 Feb 2025
Morgan Stanley
Bob Huang
72% 1-year accuracy
13 / 18 met price target
11%upside
$87
Equal-Weight
Maintained
3 Feb 2025

Financial journalist opinion

Based on 5 articles about SIGI published over the past 30 days

Neutral
Seeking Alpha
3 weeks ago
Selective Insurance Group, Inc. (SIGI) Q4 2024 Earnings Call Transcript
Selective Insurance Group, Inc. (NASDAQ:SIGI ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Brad Wilson - Senior Vice President, Investor Relations and Treasurer John Marchioni - Chairman of the Board, President and Chief Executive Officer Patrick Brennan - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Phillips - Oppenheimer Paul Newsome - Piper Sandler Jing Li - KBW Operator Good day and thank you for standing by. Welcome to Selective Insurance Group, Inc. Fourth Quarter 2024 Earnings Conference Call.
Selective Insurance Group, Inc. (SIGI) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
3 weeks ago
Selective Insurance Q4 Earnings Miss Estimates on Poor Underwriting
SIGI Q4 results reflect improved net investment income as well as lower catastrophe losses and average renewal pure price increases, offset by higher expenses.
Selective Insurance Q4 Earnings Miss Estimates on Poor Underwriting
Positive
Zacks Investment Research
3 weeks ago
Selective Insurance (SIGI) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Selective Insurance (SIGI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Selective Insurance (SIGI) Reports Q4 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
3 weeks ago
Selective Insurance (SIGI) Lags Q4 Earnings and Revenue Estimates
Selective Insurance (SIGI) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.94 per share a year ago.
Selective Insurance (SIGI) Lags Q4 Earnings and Revenue Estimates
Neutral
Business Wire
3 weeks ago
Selective Reports Fourth Quarter and Year-End 2024 Results
BRANCHVILLE, N.J.--(BUSINESS WIRE)-- #SelectiveInsurance--Selective Reports Fourth Quarter and Year-End 2024 Results.
Selective Reports Fourth Quarter and Year-End 2024 Results
Neutral
Zacks Investment Research
1 month ago
Selective Insurance (SIGI) Earnings Expected to Grow: Should You Buy?
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.
Selective Insurance (SIGI) Earnings Expected to Grow: Should You Buy?
Positive
Zacks Investment Research
1 month ago
SIGI Stock Trading at a Premium to Industry: What Should Investors Do?
Selective Insurance stock remains poised to gain from solid retention rates, higher new business gains and renewal pure price increases.
SIGI Stock Trading at a Premium to Industry: What Should Investors Do?
Neutral
Business Wire
1 month ago
Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results
BRANCHVILLE, N.J.--(BUSINESS WIRE)-- #SelectiveInsurance--Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results.
Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results
Positive
Zacks Investment Research
2 months ago
SIGI Stock Rises 5.2% in 6 Months but Lags Industry: What's Next?
Selective Insurance rides on solid retention rates, higher new business gains and renewal pure price increases, offset by higher expenses and exposure to cat loss.
SIGI Stock Rises 5.2% in 6 Months but Lags Industry: What's Next?
Positive
Zacks Investment Research
3 months ago
Why Is Selective Insurance (SIGI) Up 4% Since Last Earnings Report?
Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?
Why Is Selective Insurance (SIGI) Up 4% Since Last Earnings Report?
Charts implemented using Lightweight Charts™