4 hours Ago By Defense World Staff
JMP Securities reissued their market perform rating on shares of Selective Insurance Group ( NASDAQ:SIGI – Free Report ) in a report published on Thursday, Benzinga reports. A number of other equities analysts have also weighed in on SIGI. Morgan Stanley assumed coverage on shares of Selective Insurance Group in a research report on Thursday, December 5th.
They issued an “equal weight” rating and a $105.00 price objective on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Selective Insurance Group from $114.
00 to $116.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Royal Bank of Canada boosted their price target on shares of Selective Insurance Group from $96.
00 to $99.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 23rd. Bank of America raised their price objective on shares of Selective Insurance Group from $96.
00 to $102.00 and gave the company an “underperform” rating in a research report on Tuesday, October 22nd. Finally, BMO Capital Markets upgraded Selective Insurance Group from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $95.
00 to $105.00 in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock.
According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $104.57.
Get Our Latest Report on Selective Insurance Group Selective Insurance Group Trading Up 2.4 % Selective Insurance Group ( NASDAQ:SIGI – Get Free Report ) last issued its quarterly earnings results on Wednesday, January 29th. The insurance provider reported $1.
62 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.37).
Selective Insurance Group had a net margin of 4.26% and a return on equity of 7.39%.
Analysts expect that Selective Insurance Group will post 7.84 earnings per share for the current year. Selective Insurance Group Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd.
Stockholders of record on Friday, February 14th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, February 14th.
This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.81%.
Selective Insurance Group’s payout ratio is 47.21%. Institutional Investors Weigh In On Selective Insurance Group A number of institutional investors and hedge funds have recently modified their holdings of the company.
R Squared Ltd purchased a new stake in Selective Insurance Group during the fourth quarter worth $25,000. V Square Quantitative Management LLC purchased a new stake in shares of Selective Insurance Group in the 3rd quarter worth about $27,000. UMB Bank n.
a. boosted its position in shares of Selective Insurance Group by 37.1% in the 4th quarter.
UMB Bank n.a. now owns 429 shares of the insurance provider’s stock worth $40,000 after buying an additional 116 shares in the last quarter.
MassMutual Private Wealth & Trust FSB grew its stake in Selective Insurance Group by 957.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the insurance provider’s stock valued at $42,000 after acquiring an additional 402 shares during the last quarter.
Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Selective Insurance Group during the 2nd quarter valued at about $44,000.
Institutional investors and hedge funds own 82.88% of the company’s stock. About Selective Insurance Group ( 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. Read More Five stocks we like better than Selective Insurance Group What is the Dow Jones Industrial Average (DJIA)? ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains Canada Bond Market Holiday: How to Invest and Trade Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead How Investors Can Identify and Successfully Trade Gap-Down Stocks Beyond Self-Driving Cars: Factory Automation Takes Center Stage Receive News & Ratings for Selective Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Selective Insurance Group and related companies with MarketBeat.
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