Selective Insurance Group (NASDAQ:SIGI – Get Free Report) posted its earnings results on Thursday. The insurance provider reported ($1.10) EPS for the quarter, missing analysts’ consensus estimates of $1.49 by ($2.59), Briefing.com reports. Selective Insurance Group had a net margin of 8.02% and a return on equity of 13.73%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business earned $0.99 earnings per share.
Selective Insurance Group Price Performance
SIGI stock traded down $14.62 during trading on Friday, hitting $85.70. The stock had a trading volume of 489,327 shares, compared to its average volume of 312,648. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.30 and a quick ratio of 0.30. The company’s 50-day moving average price is $94.71 and its two-hundred day moving average price is $99.90. Selective Insurance Group has a twelve month low of $83.39 and a twelve month high of $109.58. The stock has a market capitalization of $5.21 billion, a P/E ratio of 15.44, a PEG ratio of 0.92 and a beta of 0.54.
Selective Insurance Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.63%. The ex-dividend date was Tuesday, May 14th. Selective Insurance Group’s payout ratio is 24.74%.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on Selective Insurance Group
About Selective Insurance Group
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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