Morgan Stanley initiated coverage on Selective Insurance with a new price target
$SIGI
Property-Casualty Insurers
Finance
Morgan Stanley initiated coverage of Selective Insurance with a rating of Overweight and set a new price target of $98.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/7/2025 | $116.00 → $93.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 12/5/2024 | $105.00 | Equal-Weight | Morgan Stanley |
| 10/30/2024 | $95.00 → $105.00 | Market Perform → Outperform | BMO Capital Markets |
| 7/22/2024 | $104.00 → $99.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 11/16/2023 | $120.00 | Outperform | Oppenheimer |
| 5/18/2023 | $101.00 → $97.00 | Neutral → Underperform | BofA Securities |
| 1/20/2023 | $90.00 | Market Perform | BMO Capital Markets |
| 11/11/2022 | $96.00 | Neutral | Janney |
4 - SELECTIVE INSURANCE GROUP INC (0000230557) (Issuer)
4 - SELECTIVE INSURANCE GROUP INC (0000230557) (Issuer)
4 - SELECTIVE INSURANCE GROUP INC (0000230557) (Issuer)
8-K - SELECTIVE INSURANCE GROUP INC (0000230557) (Filer)
8-K - SELECTIVE INSURANCE GROUP INC (0000230557) (Filer)
8-K - SELECTIVE INSURANCE GROUP INC (0000230557) (Filer)
Joins Selective with Nearly Two Decades of Insurance Experience Selective Insurance Group, Inc. (NASDAQ:SIGI) today announced the appointment of Patrick S. Brennan as Chief Financial Officer, effective October 1, 2024. Mr. Brennan brings nearly two decades of insurance industry and public company executive experience to Selective, having most recently served as Treasurer of The Progressive Corporation, overseeing the treasury, capital strategy, risk management, and investor relations functions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923846856/en/Selective Insurance Group, Inc. has announced Patrick S. Brennan as Chief
Brings Over 25 Years of Insurance, Risk Management, and Technology Experience BRANCHVILLE, N.J., July 1, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (NASDAQ:SIGI) today announced the appointment of Kate Sampson to the Board of Directors, effective July 1, 2024. Ms. Sampson is an insurance industry and technology specialist with over 25 years of experience in financial, operational, and management roles. She began her career at Marsh McLennan as a client executive in 1996, ultimately becoming head of the San Francisco/San Jose office. From 2014 to 2018, Sampson joi
MALVERN, Pa., June 30, 2022 /PRNewswire/ -- The Institutes have appointed four new members to its Board of Trustees, including J. Powell Brown, MBA, CPCU, Carl Hess, FSA, CERA; John J. Marchioni, CPCU; and Leonid Rasin, MA, FCAS. The new member terms were effective as of June 15. "Our four new members of the Board of Trustees will offer insightful support to The Institutes' mission and vision.""We are so pleased to welcome new members to our Board of Trustees, who always offer insightful support to our mission and vision," said Peter Miller, CPCU, president and CEO of The Ins
First Quarter Net Income per Diluted Common Share and Non-GAAP Operating Income1 per Diluted Common Share of $1.76; Return on Common Equity ("ROE") and Non-GAAP Operating ROE1 of 14.4% In the first quarter of 2025: Net premiums written ("NPW") increased 7% from the first quarter of 2024; The GAAP combined ratio was 96.1%, compared to 98.2% in the first quarter of 2024; Commercial Lines renewal pure price increases averaged 9.1%, up 1.5 points from 7.6% in the first quarter of 2024; After-tax net investment income was $96 million, up 12% from the first quarter of 2024; Book value per common share was $50.33, up 5% from last quarter; and Adjusted book value per common share1 was
Selective Insurance Group, Inc. (NASDAQ:SIGI) will announce its first quarter financial results on Wednesday, April 23, 2025, after market close. The press release and financial supplement will be available on the Investors page of Selective's website. A conference call to discuss the results will be held on Thursday, April 24, 2025, at 8:00 AM ET. This call will be webcast live and accessible on Selective's website at www.Selective.com. A replay will be available on the website from April 24 to May 23, 2025. About Selective Insurance Group, Inc. Selective Insurance Group, Inc. (NASDAQ:SIGI) is a holding company for 10 property and casualty insurance companies rated "A+" (Superior) by AM
Selective Insurance Group, Inc. (NASDAQ:SIGI) ("Selective") today announced that it closed an offering (the "offering") of $400 million aggregate principal amount of its 5.900% Senior Notes due 2035 (the "Notes"). Net proceeds from the offering are expected to be used for general corporate purposes, including to support organic growth opportunities. Upon completion of the offering, Selective's debt-to-capital ratio is approximately 22%, up from 14% before the offering. "This offering reflects our confidence in our ability to earn attractive returns for our shareholders, the strength of our financial position – as profitable growth has de-levered our balance sheet – and advantageous and
4 - SELECTIVE INSURANCE GROUP INC (0000230557) (Issuer)
4 - SELECTIVE INSURANCE GROUP INC (0000230557) (Issuer)
4 - SELECTIVE INSURANCE GROUP INC (0000230557) (Issuer)
SC 13G/A - SELECTIVE INSURANCE GROUP INC (0000230557) (Subject)
SC 13G/A - SELECTIVE INSURANCE GROUP INC (0000230557) (Subject)
SC 13G/A - SELECTIVE INSURANCE GROUP INC (0000230557) (Filed by)
Keefe Bruyette downgraded Selective Insurance from Outperform to Mkt Perform and set a new price target of $93.00 from $116.00 previously
Morgan Stanley initiated coverage of Selective Insurance with a rating of Equal-Weight and set a new price target of $105.00
BMO Capital Markets upgraded Selective Insurance from Market Perform to Outperform and set a new price target of $105.00 from $95.00 previously
First Quarter Net Income per Diluted Common Share and Non-GAAP Operating Income1 per Diluted Common Share of $1.76; Return on Common Equity ("ROE") and Non-GAAP Operating ROE1 of 14.4% In the first quarter of 2025: Net premiums written ("NPW") increased 7% from the first quarter of 2024; The GAAP combined ratio was 96.1%, compared to 98.2% in the first quarter of 2024; Commercial Lines renewal pure price increases averaged 9.1%, up 1.5 points from 7.6% in the first quarter of 2024; After-tax net investment income was $96 million, up 12% from the first quarter of 2024; Book value per common share was $50.33, up 5% from last quarter; and Adjusted book value per common share1 was
Selective Insurance Group, Inc. (NASDAQ:SIGI) will announce its first quarter financial results on Wednesday, April 23, 2025, after market close. The press release and financial supplement will be available on the Investors page of Selective's website. A conference call to discuss the results will be held on Thursday, April 24, 2025, at 8:00 AM ET. This call will be webcast live and accessible on Selective's website at www.Selective.com. A replay will be available on the website from April 24 to May 23, 2025. About Selective Insurance Group, Inc. Selective Insurance Group, Inc. (NASDAQ:SIGI) is a holding company for 10 property and casualty insurance companies rated "A+" (Superior) by AM
Fourth Quarter Net Income of $1.52 per Diluted Common Share and Non-GAAP Operating Income1 of $1.62 per Diluted Common Share; Return on Common Equity ("ROE") of 12.7% and Non-GAAP Operating ROE1 of 13.5% Full Year 2024 ROE of 7.0% and Non-GAAP Operating of ROE1 7.1% In the fourth quarter of 2024: Net premiums written ("NPW") increased 10% from the fourth quarter of 2023; The GAAP combined ratio was 98.5%, compared to 93.7% in the fourth quarter of 2023; Commercial Lines renewal pure price increases averaged 8.8%, up 1.5 points from 7.3% in the fourth quarter of 2023; After-tax net investment income was $97 million, up 24% from the fourth quarter of 2023; Book value per co