
Selective Insurance Group, Inc. (NASDAQ:SIGI – Free Report) – Zacks Research decreased their Q1 2027 earnings estimates for Selective Insurance Group in a research note issued to investors on Tuesday, June 23rd. Zacks Research analyst Team now anticipates that the insurance provider will earn $2.05 per share for the quarter, down from their previous forecast of $2.06. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.81 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q4 2027 earnings at $2.58 EPS and Q1 2028 earnings at $2.69 EPS.
Selective Insurance Group (NASDAQ:SIGI – Get Free Report) last released its earnings results on Wednesday, April 22nd. The insurance provider reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.81 by ($0.12). The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.29 billion. Selective Insurance Group had a return on equity of 13.71% and a net margin of 8.39%.Selective Insurance Group’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.76 EPS.
View Our Latest Stock Analysis on Selective Insurance Group
Selective Insurance Group Stock Performance
SIGI stock opened at $95.39 on Thursday. Selective Insurance Group has a twelve month low of $71.75 and a twelve month high of $96.00. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.27. The company has a market cap of $5.71 billion, a P/E ratio of 13.05 and a beta of 0.32. The business’s fifty day moving average is $87.16 and its 200-day moving average is $83.70.
Selective Insurance Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, May 15th. Selective Insurance Group’s dividend payout ratio (DPR) is currently 23.53%.
Institutional Trading of Selective Insurance Group
A number of large investors have recently made changes to their positions in the company. Amundi lifted its holdings in Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 311 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Selective Insurance Group by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,627 shares of the insurance provider’s stock worth $19,555,000 after acquiring an additional 11,167 shares in the last quarter. Focus Partners Wealth raised its position in shares of Selective Insurance Group by 17.9% during the first quarter. Focus Partners Wealth now owns 2,705 shares of the insurance provider’s stock worth $248,000 after purchasing an additional 411 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Selective Insurance Group during the second quarter worth about $468,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Selective Insurance Group by 14.1% during the 2nd quarter. Cetera Investment Advisers now owns 3,749 shares of the insurance provider’s stock valued at $325,000 after purchasing an additional 462 shares in the last quarter. Institutional investors own 82.88% of the company’s stock.
Selective Insurance Group Company Profile
Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.
The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.
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