Earnings Alerts

Selective Insurance (SIGI) Earnings: 1Q Adjusted Operating EPS Achieves $1.76 Amid Underwriting Stability

  • Selective Insurance reported an adjusted operating earnings per share (EPS) of $1.76 for the first quarter.
  • The company’s underwriting portfolio is described as stable.
  • Growth was driven by the company’s most profitable segments.
  • Current analyst recommendations include two ‘buy’ ratings and five ‘hold’ ratings, with no ‘sell’ ratings.

Selective Insurance on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring Selective Insurance Group. Baptista Research recently discussed how strategic capital allocation and financial flexibility are driving growth opportunities for Selective Insurance. Despite a challenging backdrop, Selective Insurance showcased a 7.1% operating return on equity in 2024, falling short of the targeted 12%. However, the company ended the year with strong capital reserves and financial flexibility, setting the stage for strategic expansion.

In another report by Baptista Research, the focus was on Selective Insurance‘s resilience and stability. The third-quarter results revealed a mixed performance, with operating earnings per share at $1.40 and an operating return on equity of 12.1%. Despite challenges, including substantial catastrophe losses inflating the combined ratio, Selective Insurance demonstrated the strength of its underlying business model. The insights provided shed light on the company’s ability to navigate external pressures while maintaining stability.


A look at Selective Insurance Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Selective Insurance Group, Inc. shows a balanced long-term outlook across various factors. With consistent scores of 3 in Value, Dividend, Growth, and Resilience, it indicates stability and moderate performance in these key areas. The slightly higher Momentum score of 4 suggests a positive trend in the company’s stock price, signalling potential for growth and upward movement in the market. Selective Insurance, known for offering a wide range of commercial insurance products and services to diverse clientele, appears to be positioned steadily for the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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