Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. More Details
No risks detected for SIGI from our risk checks.
Excellent balance sheet established dividend payer.
Share Price & News
How has Selective Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIGI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SIGI's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SIGI exceeded the US Insurance industry which returned 9.7% over the past year.
Return vs Market: SIGI underperformed the US Market which returned 31.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Selective Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Take Comfort From Insider Transactions At Selective Insurance Group, Inc. (NASDAQ:SIGI)?
3 weeks ago | Simply Wall StHere's What We Like About Selective Insurance Group's (NASDAQ:SIGI) Upcoming Dividend
Is Selective Insurance Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SIGI ($68.39) is trading below our estimate of fair value ($83.58)
Significantly Below Fair Value: SIGI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SIGI is poor value based on its PE Ratio (16.6x) compared to the US Insurance industry average (14.4x).
PE vs Market: SIGI is good value based on its PE Ratio (16.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: SIGI is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: SIGI is overvalued based on its PB Ratio (1.6x) compared to the US Insurance industry average (1x).
How is Selective Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIGI's forecast earnings growth (7% per year) is above the savings rate (2%).
Earnings vs Market: SIGI's earnings (7% per year) are forecast to grow slower than the US market (19.5% per year).
High Growth Earnings: SIGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIGI's revenue (6.1% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: SIGI's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIGI's Return on Equity is forecast to be low in 3 years time (9.9%).
How has Selective Insurance Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIGI has high quality earnings.
Growing Profit Margin: SIGI's current net profit margins (8.4%) are lower than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: SIGI's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: SIGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SIGI had negative earnings growth (-9.1%) over the past year, making it difficult to compare to the Insurance industry average (-12.7%).
Return on Equity
High ROE: SIGI's Return on Equity (9%) is considered low.
How is Selective Insurance Group's financial position?
Financial Position Analysis
Short Term Liabilities: SIGI's short term assets ($2.1B) do not cover its short term liabilities ($6.1B).
Long Term Liabilities: SIGI's short term assets ($2.1B) exceed its long term liabilities ($882.8M).
Debt to Equity History and Analysis
Debt Level: SIGI's debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: SIGI's debt to equity ratio has reduced from 27.7% to 20.1% over the past 5 years.
Debt Coverage: SIGI's debt is well covered by operating cash flow (100.7%).
Interest Coverage: SIGI's interest payments on its debt are well covered by EBIT (10.8x coverage).
What is Selective Insurance Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIGI's dividend (1.46%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: SIGI's dividend (1.46%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: SIGI's dividends per share have been stable in the past 10 years.
Growing Dividend: SIGI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.8%), SIGI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIGI's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Marchioni (50 yo)
Mr. John Joseph Marchioni, CPCU, has been the President of Selective Insurance Group Inc. since September 10, 2013 and serves as Chief Executive Officer since February 1, 2020. Mr. Marchioni served as Chie...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD4.41M) is about average for companies of similar size in the US market ($USD4.96M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO, President & Employee Director||1.08yrs||US$4.41m||0.23% |
|Executive VP & CFO||4.17yrs||US$2.65m||0.045% |
|Executive VP||16.67yrs||US$2.07m||0.047% |
|Senior VP & Chief Investment Officer||no data||no data||no data|
|Senior VP & Chief Accounting Officer||3.17yrs||no data||no data|
|Executive VP & Chief Information Officer||no data||no data||no data|
|Senior VP of Investor Relations & Treasurer||no data||no data||no data|
|Executive VP & Chief Human Resources Officer||1.17yrs||no data||no data|
|Executive Vice President of MUSIC||no data||no data||no data|
|Senior VP of Tax & Assistant Treasurer||5.83yrs||no data||no data|
|Executive VP & Commercial Lines COO||12yrs||no data||no data|
|Executive VP & Chief Actuary||10.42yrs||no data||no data|
Experienced Management: SIGI's management team is seasoned and experienced (5 years average tenure).
|CEO, President & Employee Director||1.08yrs||US$4.41m||0.23% |
|Independent Director||12.92yrs||US$200.09k||0.034% |
|Independent Director||15.17yrs||US$192.54k||0.13% |
|Non-Executive Chairman||20.83yrs||US$7.95m||0.43% |
|Lead Independent Director||3.92yrs||US$217.54k||0.11% |
|Non-Independent Director||43.83yrs||US$172.54k||0.59% |
|Independent Director||6.67yrs||US$177.57k||0.031% |
|Independent Director||3yrs||US$177.54k||0.0092% |
|Independent Director||11.58yrs||US$177.60k||0.036% |
|Independent Director||6.5yrs||US$202.60k||0.033% |
|Independent Director||3.17yrs||US$180.10k||0.012% |
|Independent Director||5.33yrs||US$202.54k||0.032% |
Experienced Board: SIGI's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Selective Insurance Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Selective Insurance Group, Inc.
- Ticker: SIGI
- Exchange: NasdaqGS
- Founded: 1926
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$4.141b
- Shares outstanding: 59.88m
- Website: https://www.selective.com
Number of Employees
- Selective Insurance Group, Inc.
- 40 Wantage Avenue
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SIGI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1980|
|SV2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
|SIGI.P||NasdaqGS (Nasdaq Global Select)||4.60 DP SH PFD B||US||USD||Dec 2020|
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Person...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/04 23:07|
|End of Day Share Price||2021/03/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.