Selective Insurance Group, Inc. (NASDAQ:SIGI – Get Free Report) announced a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, November 16th will be paid a dividend of $0.48 per share by the insurance provider on Tuesday, December 1st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, November 16th. This is a 11.6% increase from Selective Insurance Group’s previous quarterly dividend of $0.43.
Selective Insurance Group has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 11 years. Selective Insurance Group has a payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Selective Insurance Group to earn $8.74 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 19.7%.
Selective Insurance Group Trading Up 5.3%
SIGI opened at $96.61 on Friday. The stock has a market capitalization of $5.76 billion, a P/E ratio of 11.61 and a beta of 0.26. Selective Insurance Group has a 12 month low of $72.78 and a 12 month high of $101.25. The firm’s fifty day simple moving average is $88.87 and its 200 day simple moving average is $89.81. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.26.
Selective Insurance Group (NASDAQ:SIGI – Get Free Report) last announced its earnings results on Thursday, October 22nd. The insurance provider reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.46. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.17 billion. Selective Insurance Group had a net margin of 9.40% and a return on equity of 15.40%. During the same period in the prior year, the business earned $1.85 EPS. As a group, research analysts anticipate that Selective Insurance Group will post 8.20 EPS for the current fiscal year.
Selective Insurance Group News Summary
Here are the key news stories impacting Selective Insurance Group this week:
- Positive Sentiment: Third-quarter adjusted earnings were $2.37 per share, exceeding the $1.91 consensus estimate and rising from $1.75 a year earlier. Total revenue of approximately $1.33 billion also exceeded the cited analyst estimate of $1.17 billion. Selective Insurance Q3 Earnings Top Estimates
- Positive Sentiment: After-tax net investment income increased 16% year over year to $127.3 million, supporting quarterly net income of $126.4 million, up 12% from the prior year. Selective Reports Q3 Net Income
- Positive Sentiment: Management raised its after-tax net investment income outlook to $490 million for 2026 and maintained a favorable full-year GAAP combined-ratio outlook of 96.5% to 97.5%. Selective 2026 Outlook
- Positive Sentiment: The board increased the quarterly dividend 11.6% to $0.48 per share and authorized a new $200 million share-repurchase program, signaling confidence in cash generation and potentially supporting per-share value.
- Neutral Sentiment: Selective appointed Jacob E. Rothfuss as executive vice president and president of Standard Lines, effective no later than April 2027. The leadership change is unlikely to materially affect the stock immediately. Selective Leadership Appointment
- Negative Sentiment: Net premiums written declined 7% year over year and total revenue fell 2%, highlighting slower underlying premium growth despite the earnings beat and stronger investment results.
Selective Insurance Group Company Profile
Selective Insurance Group, Inc is a holding company for a group of property and casualty insurance subsidiaries. Founded in 1926 and headquartered in Branchville, New Jersey, the company provides insurance products and related services primarily through a network of independent agents.
Selective serves commercial, personal and public-sector customers. Its commercial offerings include business owners policies, commercial automobile, workers’ compensation, general liability, commercial property and other specialty coverages.
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