Selective Insurance Group, Inc. (NASDAQ:SIGI – Get Free Report) declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Monday, August 17th will be paid a dividend of 0.43 per share by the insurance provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, August 17th.
Selective Insurance Group has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 11 years. Selective Insurance Group has a payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Selective Insurance Group to earn $8.75 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 Price Performance
Shares of NASDAQ SIGI opened at $94.37 on Friday. Selective Insurance Group has a fifty-two week low of $72.78 and a fifty-two week high of $100.40. The firm’s 50-day simple moving average is $95.16 and its 200 day simple moving average is $87.15. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.26. The stock has a market cap of $5.62 billion, a P/E ratio of 11.71 and a beta of 0.30.
Selective Insurance Group News Roundup
Here are the key news stories impacting Selective Insurance Group this week:
- Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $8.05 from $7.72, matching the current consensus estimate. The firm also increased its Q3 2026 forecast to $1.82 from $1.80 and its Q4 2026 forecast to $2.59 from $2.58, indicating improved expectations for near-term profitability.
- Positive Sentiment: A Zacks analysis highlighted Selective Insurance’s disciplined underwriting, strong excess-and-surplus-lines performance and higher investment income. These factors are supporting profitable growth despite challenges across the insurance industry. SIGI Outperforms Industry, Trades Near 52-Week High: Time to Buy?
- Neutral Sentiment: Selective Insurance is trading near its 52-week high and has a relatively modest trailing price-to-earnings ratio of approximately 11.7. The valuation may appear attractive, although the stock’s proximity to its high could limit additional gains without further earnings upgrades.
- Negative Sentiment: Zacks lowered several longer-term forecasts: Q1 2028 EPS fell to $2.43 from $2.77, FY2027 EPS to $8.74 from $8.79, and FY2028 EPS to $9.02 from $9.07. Estimates for Q2 and Q3 2027 were also reduced to $1.95, suggesting some concern about earnings momentum beyond 2026.
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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