Selective Insurance Group (SIGI) Expected to Announce Quarterly Earnings on Wednesday

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Selective Insurance Group (NASDAQ:SIGI – Get Free Report) is projected to announce its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.95 per share and revenue of $1.30 billion for the quarter. Investors interested in listening to the company’s conference call can do so using [...]

Selective Insurance Group ( NASDAQ:SIGI – Get Free Report ) is projected to announce its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.95 per share and revenue of $1.

30 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link . Selective Insurance Group ( NASDAQ:SIGI – Get Free Report ) last issued its quarterly earnings data on Wednesday, January 29th.



The insurance provider reported $1.62 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.

37). Selective Insurance Group had a return on equity of 7.33% and a net margin of 4.

26%. On average, analysts expect Selective Insurance Group to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year. Selective Insurance Group Stock Up 0.

3 % Shares of SIGI stock opened at $88.24 on Wednesday. The company has a 50 day simple moving average of $85.

98 and a two-hundred day simple moving average of $91.49. The stock has a market cap of $5.

36 billion, a P/E ratio of 27.40 and a beta of 0.45.

Selective Insurance Group has a 12 month low of $78.13 and a 12 month high of $104.67.

The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.

17. Selective Insurance Group Dividend Announcement Wall Street Analyst Weigh In Several research analysts have weighed in on SIGI shares. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $93.

00 price target (down from $116.00) on shares of Selective Insurance Group in a research note on Friday, February 7th. Morgan Stanley cut their target price on shares of Selective Insurance Group from $95.

00 to $87.00 and set an “equal weight” rating on the stock in a research report on Monday, February 3rd. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Selective Insurance Group in a research report on Thursday, January 30th.

One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $95.17.

View Our Latest Stock Analysis on SIGI Selective Insurance Group Company Profile ( Get Free Report ) Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers 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; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.

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