(SIGI) Selective Insurance - Ratings and Ratios

Selective Insurance Group, Inc., together with its subsidiaries, operates as a holding company for Selective Insurance Company of America and other subsidiaries. The company provides insurance products and services in the United States, focusing on niche markets with specialized risks. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, Excess & Surplus (E&S) Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to small to medium-sized businesses, while the Standard Personal Lines segment provides personal auto and homeowners insurance. The E&S Lines segment offers excess and surplus lines insurance products and services, targeting unique or hard-to-place risks. The Investments segment manages the companys investment portfolio, which includes fixed-income investments, equity securities, and alternative investments.

The companys insurance products include casualty insurance, which covers the financial consequences of employee injuries and third-party bodily injury or property damage; property insurance, which covers accidental loss of real property, personal property, and earnings due to property loss; and flood insurance. Selective Insurance Group also offers umbrella and excess liability coverage. The company distributes its products through a network of independent retail agents and wholesale general agents, targeting businesses, non-profit organizations, local government agencies, and individuals. The companys underwriting approach emphasizes risk selection, pricing, and loss control, supported by advanced data analytics and technology.

Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey. The company has a long history of financial stability and operates with a disciplined approach to underwriting and risk management. Its investment portfolio is managed to generate stable returns while maintaining liquidity. Selective Insurance Group, Inc. is listed on the NASDAQ under the ticker symbol SIGI, with a market capitalization of approximately $5.5 billion as of the latest data. The company is part of the Property & Casualty Insurance industry and is classified under the GICS Sub Industry category.

Over the next three months, Selective Insurance Group, Inc. (SIGI) is expected to experience moderate price movements influenced by both technical and fundamental factors. Technically, the stock is trading near its 20-day moving average of $88.68, with a last price of $87.57, indicating potential resistance at higher levels. The 50-day moving average of $86.73 suggests support, while the 200-day moving average of $90.49 indicates a broader downtrend. The Average True Range (ATR) of 2.91 reflects moderate volatility, suggesting a trading range between $84.66 and $90.48 over the next three months.

Fundamentally, the companys forward P/E of 11.60 suggests investor expectations of earnings growth, supported by its disciplined underwriting and investment strategies. The current P/E of 28.27 reflects strong historical earnings, while the price-to-book ratio of 1.84 indicates a reasonable valuation relative to book value. The return on equity (RoE) of 6.63% highlights moderate profitability. Overall, the stock is expected to remain stable, with potential upside driven by earnings growth and downside limited by technical resistance levels. Investors may consider the stock for its dividend yield and stable performance in the property and casualty insurance sector.