| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
SIGI Stock Overview
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States.
Rewards
Risk Analysis
No risks detected for SIGI from our risk checks.
Selective Insurance Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$78.34 |
| 52 Week High | US$94.35 |
| 52 Week Low | US$73.90 |
| Beta | 0.83 |
| 1 Month Change | -7.70% |
| 3 Month Change | -6.42% |
| 1 Year Change | 4.08% |
| 3 Year Change | 9.34% |
| 5 Year Change | 52.86% |
| Change since IPO | 1,538.48% |
Recent News & Updates
Analysts Just Shaved Their Selective Insurance Group, Inc. (NASDAQ:SIGI) Forecasts Dramatically
Market forces rained on the parade of Selective Insurance Group, Inc. ( NASDAQ:SIGI ) shareholders today, when the...
Here's Why I Think Selective Insurance Group (NASDAQ:SIGI) Is An Interesting Stock
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Shareholder Returns
| SIGI | US Insurance | US Market | |
|---|---|---|---|
| 7D | 2.9% | 6.2% | 5.9% |
| 1Y | 4.1% | 4.8% | -10.2% |
Return vs Industry: SIGI matched the US Insurance industry which returned 4.8% over the past year.
Return vs Market: SIGI exceeded the US Market which returned -10.2% over the past year.
Price Volatility
| SIGI volatility | |
|---|---|
| SIGI Average Weekly Movement | 3.4% |
| Insurance Industry Average Movement | 5.1% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: SIGI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SIGI's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1926 | 2,440 | John Marchioni | https://www.selective.com |
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 Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured’s real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products.
Selective Insurance Group Fundamentals Summary
| SIGI fundamental statistics | |
|---|---|
| Market Cap | US$4.73b |
| Earnings (TTM) | US$341.70m |
| Revenue (TTM) | US$3.42b |
13.8x
P/E Ratio1.4x
P/S RatioIs SIGI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SIGI income statement (TTM) | |
|---|---|
| Revenue | US$3.42b |
| Cost of Revenue | US$2.54b |
| Gross Profit | US$879.27m |
| Other Expenses | US$537.58m |
| Earnings | US$341.70m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.66 |
| Gross Margin | 25.70% |
| Net Profit Margin | 9.99% |
| Debt/Equity Ratio | 18.0% |
How did SIGI perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield19%
Payout RatioValuation
Is Selective Insurance Group undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SIGI ($78.34) is trading below our estimate of fair value ($160.52)
Significantly Below Fair Value: SIGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SIGI is poor value based on its Price-To-Earnings Ratio (13.8x) compared to the US Insurance industry average (11.9x).
PE vs Market: SIGI is good value based on its Price-To-Earnings Ratio (13.8x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: SIGI is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: SIGI is overvalued based on its Price-To-Book Ratio (1.8x) compared to the US Insurance industry average (1.1x).
Future Growth
How is Selective Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIGI's forecast earnings growth (12.7% per year) is above the savings rate (1.9%).
Earnings vs Market: SIGI's earnings (12.7% per year) are forecast to grow slower than the US market (13.2% per year).
High Growth Earnings: SIGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIGI's revenue (10.8% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: SIGI's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SIGI's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Selective Insurance Group performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIGI has high quality earnings.
Growing Profit Margin: SIGI's current net profit margins (10%) are lower than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: SIGI's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: SIGI's earnings growth over the past year (1.1%) is below its 5-year average (20.1% per year).
Earnings vs Industry: SIGI earnings growth over the past year (1.1%) exceeded the Insurance industry -2.6%.
Return on Equity
High ROE: SIGI's Return on Equity (12.6%) is considered low.
Financial Health
How is Selective Insurance Group's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SIGI's short term assets ($2.1B) do not cover its short term liabilities ($6.6B).
Long Term Liabilities: SIGI's short term assets ($2.1B) exceed its long term liabilities ($903.3M).
Debt to Equity History and Analysis
Debt Level: SIGI's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: SIGI's debt to equity ratio has reduced from 27.5% to 18% over the past 5 years.
Debt Coverage: SIGI's debt is well covered by operating cash flow (146.6%).
Interest Coverage: SIGI's interest payments on its debt are well covered by EBIT (16.2x coverage).
Balance Sheet
Dividend
What is Selective Insurance Group current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIGI's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: SIGI's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (3.92%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.7%), SIGI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.5%), SIGI's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
7.8yrs
Average management tenure
CEO
John Marchioni (51 yo)
8.67yrs
Tenure
US$5,435,625
Compensation
Mr. John Joseph Marchioni, CPCU, is Chairman of the Board of Selective Insurance Group Inc. since May 2022. He has been the President of Selective Insurance Group Inc. since September 10, 2013 and serves a...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD5.44M) is about average for companies of similar size in the US market ($USD6.55M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SIGI's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Experienced Board: SIGI's board of directors are considered experienced (7.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Selective Insurance Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Selective Insurance Group, Inc.
- Ticker: SIGI
- Exchange: NasdaqGS
- Founded: 1926
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: US$4.728b
- Shares outstanding: 60.35m
- Website: https://www.selective.com
Number of Employees
Location
- Selective Insurance Group, Inc.
- 40 Wantage Avenue
- Branchville
- New Jersey
- 7890
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/28 00:00 |
| End of Day Share Price | 2022/05/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.