How to buy Selective Insurance Group stock | $66.98

Selective Insurance Group, Inc is an insurance-property & casualty business based in the US. Selective Insurance Group shares (SIGI) are listed on the NASDAQ and all prices are listed in US Dollars. Selective Insurance Group employs 2,400 staff and has a trailing 12-month revenue of around USD$2.9 billion.

How to buy shares in Selective Insurance Group

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Selective Insurance Group. Find the stock by name or ticker symbol: SIGI. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Selective Insurance Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$66.98, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Selective Insurance Group, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Selective Insurance Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Selective Insurance Group share price

Use our graph to track the performance of SIGI stocks over time.

Selective Insurance Group shares at a glance

• Key figures

Information last updated 2020-12-28.

Latest market close	USD$66.98
52-week range	USD$36.5573 - USD$69.3851
50-day moving average	USD$64.2439
200-day moving average	USD$56.6433
Wall St. target price	USD$63.6
PE ratio	20.1464
Dividend yield	USD$1 (1.5%)
Earnings per share (TTM)	USD$3.348

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Is it a good time to buy Selective Insurance Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Selective Insurance Group, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Selective Insurance Group price performance over time

Historical closes compared with the close of $66.98 from 2020-12-31

1 week (2021-01-07)	-4.70%
1 month (2020-12-15)	-1.73%
3 months (2020-10-15)	26.81%
6 months (2020-07-15)	19.33%

1 year (2020-01-15)	0.34%
2 years (2019-01-15)	11.75%
3 years (2018-01-13)	N/A
5 years (2016-01-15)	120.55%

Is Selective Insurance Group under- or over-valued?

Valuing Selective Insurance Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Selective Insurance Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Selective Insurance Group's P/E ratio

Selective Insurance Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Selective Insurance Group shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Selective Insurance Group's PEG ratio

Selective Insurance Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.86. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Selective Insurance Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Selective Insurance Group's EBITDA

Selective Insurance Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$332.8 million.

The EBITDA is a measure of a Selective Insurance Group's overall financial performance and is widely used to measure a its profitability.

Selective Insurance Group financials

Revenue TTM	USD$2.9 billion
Operating margin TTM	9.66%
Gross profit TTM	USD$758.7 million
Return on assets TTM	1.89%
Return on equity TTM	8.88%
Profit margin	7.05%
Book value	$40.004
Market capitalisation	USD$4 billion

TTM: trailing 12 months

Shorting Selective Insurance Group shares

There are currently 760,467 Selective Insurance Group shares held short by investors – that's known as Selective Insurance Group's "short interest". This figure is 16.7% up from 651,753 last month.

There are a few different ways that this level of interest in shorting Selective Insurance Group shares can be evaluated.

Selective Insurance Group's "short interest ratio" (SIR)

Selective Insurance Group's "short interest ratio" (SIR) is the quantity of Selective Insurance Group shares currently shorted divided by the average quantity of Selective Insurance Group shares traded daily (recently around 221710.49562682). Selective Insurance Group's SIR currently stands at 3.43. In other words for every 100,000 Selective Insurance Group shares traded daily on the market, roughly 3430 shares are currently held short.

However Selective Insurance Group's short interest can also be evaluated against the total number of Selective Insurance Group shares, or, against the total number of tradable Selective Insurance Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Selective Insurance Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Selective Insurance Group shares in existence, roughly 10 shares are currently held short) or 0.0147% of the tradable shares (for every 100,000 tradable Selective Insurance Group shares, roughly 15 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Selective Insurance Group.

Find out more about how you can short Selective Insurance Group stock.

Selective Insurance Group share dividends

Dividend payout ratio: 25.61% of net profits

Recently Selective Insurance Group has paid out, on average, around 25.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Selective Insurance Group shareholders could enjoy a 1.5% return on their shares, in the form of dividend payments. In Selective Insurance Group's case, that would currently equate to about $1 per share.

While Selective Insurance Group's payout ratio might seem fairly standard, it's worth remembering that Selective Insurance Group may be investing much of the rest of its net profits in future growth.

Selective Insurance Group's most recent dividend payout was on 1 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 November 2020 (the "ex-dividend date").

Have Selective Insurance Group's shares ever split?

Selective Insurance Group's shares were split on a 2:1 basis on 21 February 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Selective Insurance Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Selective Insurance Group shares which in turn could have impacted Selective Insurance Group's share price.

Selective Insurance Group share price volatility

Over the last 12 months, Selective Insurance Group's shares have ranged in value from as little as $36.5573 up to $69.3851. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Selective Insurance Group's is 0.8257. This would suggest that Selective Insurance Group's shares are less volatile than average (for this exchange).

Selective Insurance Group overview

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, Excess and Surplus Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real and/or personal property; 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 a result of an insured's negligent acts, omissions, or legal liabilities, as well as flood insurance products. It also invests in fixed income investments and preferred stocks, equity securities, and alternative investment portfolio. The company provides its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.

Frequently asked questions

• What percentage of Selective Insurance Group is owned by insiders or institutions?

  Currently 2.503% of Selective Insurance Group shares are held by insiders and 81.88% by institutions.

• How many people work for Selective Insurance Group?

  Latest data suggests 2,400 work at Selective Insurance Group.

• When does the fiscal year end for Selective Insurance Group?

  Selective Insurance Group's fiscal year ends in December.

• Where is Selective Insurance Group based?

  Selective Insurance Group's address is: 40 Wantage Avenue, Branchville, NJ, United States, 07890-1000

• What is Selective Insurance Group's ISIN number?

  Selective Insurance Group's international securities identification number is: US8163001071

• What is Selective Insurance Group's CUSIP number?

  Selective Insurance Group's Committee on Uniform Securities Identification Procedures number is: 816300107