A share price of Selective Insurance Group Inc [SIGI] is currently trading at $83.02, up 3.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SIGI shares have gain 0.59% over the last week, with a monthly amount drifted -10.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Selective Insurance Group Inc [NASDAQ: SIGI] stock has seen the most recent analyst activity on February 07, 2025, when Keefe Bruyette downgraded its rating to a Mkt Perform and also revised its price target to $93 from $116. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on December 05, 2024, and set its price target to $105. On October 30, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $105 on the stock. Keefe Bruyette upgraded its rating to a Outperform and decreased its price target to $99 on July 22, 2024. Oppenheimer initiated its recommendation with a Outperform and recommended $120 as its price target on November 16, 2023. BofA Securities downgraded its rating to Underperform for this stock on May 18, 2023, and downed its price target to $97. In a note dated January 20, 2023, BMO Capital Markets initiated an Market Perform rating and provided a target price of $90 on this stock.
Selective Insurance Group Inc experienced fluctuations in its stock price throughout the past year between $78.13 and $109.58. Currently, Wall Street analysts expect the stock to reach $102 within the next 12 months. Selective Insurance Group Inc [NASDAQ: SIGI] shares were valued at $83.02 at the most recent close of the market. An investor can expect a potential return of 22.86% based on the average SIGI price forecast.
Analyzing the SIGI fundamentals
Trailing Twelve Months sales for Selective Insurance Group Inc [NASDAQ:SIGI] were 4.87B which represents 13.97% growth. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 81.55 points at the first support level, and at 80.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.97, and for the 2nd resistance point, it is at 84.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Selective Insurance Group Inc [NASDAQ:SIGI] is 0.48. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 25.77.
Transactions by insiders
Recent insider trading involved DOHERTY ROBERT KELLY, Director, that happened on Feb 24 ’25 when 1500.0 shares were purchased. Director, Coaxum Wole C completed a deal on Nov 04 ’24 to buy 1903.0 shares. Meanwhile, Director Coaxum Wole C sold 1903.0 shares on Nov 04 ’24.
