Selective Insurance Financials

SIGI Stock  USD 98.65  0.83  0.85%   
Based on the measurements of operating efficiency obtained from Selective Insurance's historical financial statements, Selective Insurance Group is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. As of now, Selective Insurance's Common Stock Shares Outstanding is increasing as compared to previous years. The Selective Insurance's current Liabilities And Stockholders Equity is estimated to increase to about 12.4 B, while Short and Long Term Debt Total is projected to decrease to under 293.8 M. Key indicators impacting Selective Insurance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.160.1697
Notably Down
Slightly volatile
Current Ratio9.337.9837
Fairly Up
Pretty Stable
The essential information of the day-to-day investment outlook for Selective Insurance includes many different criteria found on its balance sheet. An individual investor should monitor Selective Insurance's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Selective Insurance.

Net Income

383.5 Million

  
Understanding current and past Selective Insurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Selective Insurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Selective Insurance's assets may result in an increase in income on the income statement.

Selective Insurance Stock Summary

Selective Insurance competes with Kemper, Donegal Group, Argo Group, Global Indemnity, and Horace Mann. Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey. Selective Ins operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 2440 people.
Specialization
Financial Services, Insurance - Property & Casualty
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8163001071
CUSIP816300107
LocationNew Jersey; U.S.A
Business Address40 Wantage Avenue,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.selective.com
Phone973 948 3000
CurrencyUSD - US Dollar

Selective Insurance Key Financial Ratios

Selective Insurance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.8B9.7B10.5B10.8B11.8B12.4B
Net Debt549.6M524.8M500.1M500.9M501.1M277.7M
Retained Earnings2.1B2.3B2.6B2.7B3.0B3.2B
Other Assets(5.6B)(5.9B)772.0K3.5M(1.5B)(1.4B)
Total Liab6.6B6.9B7.5B8.3B8.8B9.3B
Other Current Liab68.1M56.2M111.5M105.4M(6.3M)(5.9M)
Net Receivables1.4B1.5B1.6B1.9B2.0B2.1B
Total Current Assets300K394K455K26K1.0B1.1B
Short Term Debt58.7M58.7M9.6M9.8M10.6M10.1M
Intangible Assets271.2M288.6M326.9M368.6M424.9M446.1M
Cash300K394K455K26K180K171K
Other Current Assets1.6B1.7B2.0B1.9B203.3M193.2M
Common Stock207.0M208.1M208.9M209.7M210.4M170.8M
Other Liab304.0M390.7M467.2M472.7M543.6M290.5M
Long Term Debt550.6M550.7M500.6M501M501.3M389.5M
Treasury Stock(592.8M)(599.9M)(608.9M)(627.3M)(564.6M)(592.8M)
Accounts Payable129.7M128.9M4.6B115.2M132.5M125.8M
Net Tangible Assets2.2B2.5B2.8B2.3B2.7B1.9B
Long Term Debt Total550.6M550.7M506.1M504.7M580.4M472.9M
Capital Surpluse418.5M439.0M464.3M493.5M567.5M399.3M

Selective Insurance Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense33.7M30.8M29.2M28.8M28.8M16.9M
Total Revenue2.8B2.9B3.4B3.6B101.2M96.1M
Gross Profit2.8B2.9B3.4B3.5B4.2B4.4B
Operating Income369.7M334.1M534.5M309.0M474.5M498.2M
Ebit369.7M333.8M534.5M309.0M487.2M511.6M
Ebitda424.9M393.2M589.6M351.4M517.3M543.1M
Net Income271.6M246.4M403.8M224.9M365.2M383.5M
Income Tax Expense64.8M56.6M101.5M55.3M93.2M97.8M
Income Before Tax336.4M303.0M505.3M280.2M458.4M481.3M
Cost Of Revenue16K(180K)2.1B9.4M(4.1B)(3.9B)
Tax Provision64.8M56.6M101.5M55.3M82.3M75.1M
Net Interest Income(33.7M)(30.8M)(29.2M)(28.8M)(28.9M)(30.3M)

Selective Insurance Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(8.9M)7.3M29.8M(19.9M)(11.9M)(11.3M)
Free Cash Flow446.5M532.0M749.3M776.4M736.3M773.1M
Depreciation55.2M59.4M55.1M42.3M30.0M29.6M
Other Non Cash Items(24.3M)(4.7M)(84.5M)145.2M2.5M2.4M
Dividends Paid47.7M54.5M69.5M76.1M83.0M87.2M
Capital Expenditures31.0M22.1M22.2M26.0M22.6M13.1M
Net Income271.6M246.4M403.8M224.9M365.2M383.5M
End Period Cash Flow8.0M15.2M45.1M25.2M13.3M26.3M
Change To Netincome(5.3M)8.1M(71.5M)120.5M108.4M55.9M
Investments(603.5M)(390.1M)(557.0M)(803.9M)(753.6M)(715.9M)
Net Borrowings250M(587M)(50M)(60M)(54M)(51.3M)
Change Receivables(56.6M)(13.3M)(112.4M)(151.4M)(136.3M)(129.5M)

Selective Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Selective Insurance's current stock value. Our valuation model uses many indicators to compare Selective Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Selective Insurance competition to find correlations between indicators driving Selective Insurance's intrinsic value. More Info.
Selective Insurance Group is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about  0.20  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Selective Insurance Group is roughly  4.99 . As of now, Selective Insurance's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Selective Insurance's earnings, one of the primary drivers of an investment's value.

Selective Insurance Systematic Risk

Selective Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Selective Insurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Selective Insurance correlated with the market. If Beta is less than 0 Selective Insurance generally moves in the opposite direction as compared to the market. If Selective Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Selective Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Selective Insurance is generally in the same direction as the market. If Beta > 1 Selective Insurance moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Selective Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Selective Insurance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Selective Insurance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.3

As of now, Selective Insurance's Price Earnings To Growth Ratio is increasing as compared to previous years.

Selective Insurance November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Selective Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Selective Insurance Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Selective Insurance Group based on widely used predictive technical indicators. In general, we focus on analyzing Selective Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Selective Insurance's daily price indicators and compare them against related drivers.

Complementary Tools for Selective Stock analysis

When running Selective Insurance's price analysis, check to measure Selective Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Selective Insurance is operating at the current time. Most of Selective Insurance's value examination focuses on studying past and present price action to predict the probability of Selective Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selective Insurance's price. Additionally, you may evaluate how the addition of Selective Insurance to your portfolios can decrease your overall portfolio volatility.
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