Selective Insurance Group, Inc., offers insurance products and services in the United States. The company is headquartered in Branchville, New Jersey.
| Revenue (TTM) | $5.41B |
| Gross Profit (TTM) | $1.18B |
| EBITDA | $660.88M |
| Operating Margin | 10.10% |
| Return on Equity | 13.30% |
| Return on Assets | 2.66% |
| Revenue/Share (TTM) | $89.58 |
| Book Value | $56.58 |
| Price-to-Book | 1.74 |
| Price-to-Sales (TTM) | 1.07 |
| EV/Revenue | 1.291 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -10.20% |
| Quarterly Revenue Growth (YoY) | 5.70% |
| Shares Outstanding | $59.87M |
| Float | $55.39M |
| % Insiders | 0.76% |
| % Institutions | 88.20% |
Volatility is currently expanding
Selective Insurance (SIGI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Property and Casualty Insurance players like THG, ESNT, MCY, SIGI and SKWD are likely to benefit from digitalization and catastrophes that drive policy renewal rate and pricing.
Selective Insurance is expanding its Standard Commercial Lines business, strengthening its core earnings engine through disciplined underwriting and geographic growth.
Selective Insurance Group focuses on disciplined underwriting, higher pricing and expansion in commercial lines to support more stable earnings growth.
Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?
Selective Insurance is set to grow on premium gains, E&S momentum and rising investment income as capital strength supports expansion.
CINF's Q1 results swing to profit as premiums and net investment income growth boost earnings, alongside improved underwriting and lower losses.
Selective Insurance Group faces a challenging environment as insurance markets soften and claims costs continue to rise, squeezing underwriting profits. Recent reserve charges and elevated loss picks, especially in commercial auto and general liability, underline claims cost inflation risk and the potential for further adverse developments. SIGI maintains attractive long-term growth opportunities via expansion into new states and its focus on hard-to-service small commercial clients, despite intensifying competition.
SIGI's Q1 earnings miss estimates as catastrophe losses and weak underwriting hit profits, despite strong investment income and modest revenue growth.
