How to Buy Selective Insurance Group Stock
Selective Insurance Group Inc
Selective Insurance Group, Inc. , together with its subsidiaries, provides insurance products and services in the United States.
Selective Insurance Group stock last closed at $92.89, up 1.83% from the previous day, and has decreased 9.5% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.31 percentage points. Selective Insurance Group stock is currently +14.68% from its 52-week low of $81.00, and -15.23% from its 52-week high of $109.58.
As of Jan 14, 2025, there are 60.79M shares of SIGI outstanding. The market cap of SIGI is $5.65B. In the last 24 hours, 227,242 SIGI shares were traded.
How to Buy Selective Insurance Group Stock
Not sure how to invest in Selective Insurance Group stock? Here's how.
- Figure out where to buy Selective Insurance Group stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Selective Insurance Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Evaluate Selective Insurance Group stock: The Selective Insurance Group ticker symbol is SIGI. Is Selective Insurance Group stock a good investment? Should you buy shares of SIGI? How do SIGI's underlying business fundamentals look? Do top analysts think Selective Insurance Group is a good buy? Why has SIGI's stock price moved recently? (Hint: Our stock analysis website can help you decide if SIGI is a good stock to buy).
- Make your SIGI trade: Decide if you will purchase SIGI shares at the current market price or use a limit order to purchase SIGI shares at a particular price.
- Get the latest news on your SIGI investment: Create a watchlist to monitor your position in Selective Insurance Group stock.
Step 1: Figure out where to buy Selective Insurance Group stock
You need an online brokerage account to access the NASDAQ market and buy SIGI stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you are able to invest in SIGI stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
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Step 3: Deposit funds into your brokerage account
Now that you've created your account on the highest rated stock app, you need to deposit funds:
Watch the walkthrough below for more details transferring funds into your investment account.
Step 4: Evaluate Selective Insurance Group stock
Once you have chosen the best place to buy Selective Insurance Group stock, it's crucial to research their stock prior to investing, so you actually comprehend the risk as well as the upside.
Selective Insurance Group stock quick numbers
Selective Insurance Group Fundamentals
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on SIGI's stock page.
Is SIGI stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SIGI's fair value.
Using relative valuations measures:
- SIGI could be overvalued based on its P/E ratio of 24.84x, relative to Insurance - Property & Casualty industry P/E ratio of 13.26x
- SIGI could be undervalued based on its P/B ratio of 1.78x, relative to Insurance - Property & Casualty industry P/B ratio of 2.14x
- SIGI may be undervalued based on its PEG ratio of 0.28x
You can do additional valuation research on SIGI's stock here.
SIGI Financial Overview
Positive Financial Indicators:
- SIGI's operating cash flow of $1.00B allows it to safely service it's debt of $508.24M.
- SIGI earnings of $324.76M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- SIGI profit margin has gone down from 7.8% to 4.8% in the past year.
- Total SIGI debt is higher than 5 years ago, relative to shareholder equity.
- SIGI has a relatively high debt to equity ratio of 3.25.
Is Selective Insurance Group stock a Buy, Hold, or Sell, according to analysts?
Out of 6 Equities analysts who monitor SIGI, the consensus analyst rating on Selective Insurance Group is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent SIGI Analyst Ratings
Paul Newsome, a top 6% analyst from Piper Sandler maintains SIGI with a hold rating and lowers their SIGI price target from $104.00 to $85.00, on Jul 22, 2024.
You can dive deeper into what analysts are projecting on the Selective Insurance Group stock forecast page.
SIGI Trading Indicators
SIGI Revenue
Last year, SIGI earnings were $227.13M. In the past 5 year, SIGI's earnings have gone up by -1.24% per year. This was slower than the Insurance - Property & Casualty industry average of 23.14%.
Last year, SIGI revenue was $4.72B. In the last five year, SIGI's revenue has grown by 11.3% per year. This was slower than the Insurance - Property & Casualty industry average of 12.49%.
You can analyze SIGI's earnings and revenue performance here.
Who is buying/selling SIGI?
In the last 12 months, insiders at SIGI have sold more shares than they have bought.
Wole C. Coaxum, Director of SIGI, was the latest SIGI insider to sell. They sold $174,238.68 worth of SIGI shares on Nov 4, 2024.
Learn more about who owns SIGI stock here.
Does SIGI stock generate passive income?
Selective Insurance Group pays a dividend of 1.54%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.67%. If you owned $1,000 of SIGI stock, you would have been paid $15.39 in the past 12 months.
Selective Insurance Group dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Selective Insurance Group dividend yield and history here.
Get opinions from other investors
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Step 5: Make your SIGI trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open Trade button and your broker will place your order.
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Step 6: Get the latest news on your SIGI investment
Now that you own some shares in SIGI, you'll want to stay up-to-date on your new company.
Create a watchlist to see the latest developments about your SIGI stock.
SIGI Feed
How to Buy Stock in Selective Insurance Group
To summarize, here are the 6 steps to buy Selective Insurance Group stock:
- Figure out where to buy Selective Insurance Group stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Selective Insurance Group stock
- Make your SIGI trade
- Get the latest news on your SIGI investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Selective Insurance Group, click the button below.
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