RBC Capital has reiterated its Outperform rating on Selective Insurance Group Inc (SIGI), signaling confidence in the company's prospects. This marks the initiation of coverage, with the firm taking a favorable stance despite recent market fluctuations.
Selective Insurance Group, headquartered in Branchville, New Jersey, operates in the insurance sector, providing property and casualty insurance products. The company serves a diverse clientele, including commercial enterprises and non-profit organizations, through its various segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments.
Currently trading at $79.42, Selective Insurance boasts a market capitalization of $4.7 billion. The company has a P/E ratio of 11.59 and earnings per share (EPS) of 6.64, alongside a notable dividend yield of 220.3%.
Looking ahead, analysts expect Selective Insurance to report earnings of $1.77 per share on July 21, 2026, with projected revenues of $1.4 billion. This update provides insight into the firm's ongoing performance and the analysts' continued support.
Analyst ratings offer valuable perspectives based on research and financial models, but they should be considered alongside a range of factors, including company fundamentals and industry trends. As new information emerges, these ratings may evolve, reflecting the dynamic nature of the market.