Selective Insurance Group Stock Net Income
| SIGI Stock | USD 98.65 0.83 0.85% |
Selective Insurance Group fundamentals help investors to digest information that contributes to Selective Insurance's financial success or failures. It also enables traders to predict the movement of Selective Stock. The fundamental analysis module provides a way to measure Selective Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Selective Insurance stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 365.2 M | 383.5 M | |
| Net Income Applicable To Common Shares | 248 M | 143.9 M | |
| Net Income From Continuing Ops | 326.9 M | 264 M | |
| Net Income Per Share | 5.84 | 6.13 | |
| Net Income Per E B T | 0.80 | 0.61 |
Selective | Net Income |
Selective Insurance Group Company Net Income Analysis
Selective Insurance's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Selective Insurance Net Income | 365.24 M |
Most of Selective Insurance's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Selective Insurance Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Selective Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Selective Insurance is extremely important. It helps to project a fair market value of Selective Stock properly, considering its historical fundamentals such as Net Income. Since Selective Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Selective Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Selective Insurance's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Selective Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Selective Insurance Group reported net income of 365.24 M. This is 71.41% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 36.03% higher than that of the company.
Selective Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Selective Insurance's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Selective Insurance could also be used in its relative valuation, which is a method of valuing Selective Insurance by comparing valuation metrics of similar companies.Selective Insurance is currently under evaluation in net income category among its peers.
Selective Insurance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Selective Insurance from analyzing Selective Insurance's financial statements. These drivers represent accounts that assess Selective Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Selective Insurance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.9B | 4.0B | 5.0B | 5.4B | 6.2B | 6.5B | |
| Enterprise Value | 4.5B | 4.6B | 5.5B | 5.9B | 6.7B | 7.1B |
Selective Insurance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Selective Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Selective Insurance's managers, analysts, and investors.Environmental | Governance | Social |
Selective Insurance Institutional Holders
Institutional Holdings refers to the ownership stake in Selective Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Selective Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Selective Insurance's value.| Shares | Northern Trust Corp | 2024-09-30 | 962.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 867.7 K | Channing Capital Management, Llc | 2024-09-30 | 741.7 K | Norges Bank | 2024-06-30 | 729.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 701.1 K | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 616.9 K | First Trust Advisors L.p. | 2024-06-30 | 554.1 K | Nuveen Asset Management, Llc | 2024-06-30 | 471 K | Champlain Investment Partners, Llc | 2024-09-30 | 445.4 K | Blackrock Inc | 2024-06-30 | 7.9 M | Vanguard Group Inc | 2024-09-30 | 6.6 M |
Selective Fundamentals
| Return On Equity | 0.0813 | ||||
| Return On Asset | 0.0163 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 6.66 B | ||||
| Shares Outstanding | 60.79 M | ||||
| Shares Owned By Insiders | 1.22 % | ||||
| Shares Owned By Institutions | 85.61 % | ||||
| Number Of Shares Shorted | 1.24 M | ||||
| Price To Earning | 17.00 X | ||||
| Price To Book | 2.00 X | ||||
| Price To Sales | 1.26 X | ||||
| Revenue | 101.17 M | ||||
| Gross Profit | 740.47 M | ||||
| EBITDA | 517.25 M | ||||
| Net Income | 365.24 M | ||||
| Cash And Equivalents | 289.62 M | ||||
| Cash Per Share | 4.80 X | ||||
| Total Debt | 501.31 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 0.33 X | ||||
| Book Value Per Share | 48.82 X | ||||
| Cash Flow From Operations | 758.91 M | ||||
| Short Ratio | 3.33 X | ||||
| Earnings Per Share | 3.72 X | ||||
| Price To Earnings To Growth | 1.86 X | ||||
| Target Price | 102.17 | ||||
| Number Of Employees | 2.65 K | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 5.95 B | ||||
| Total Asset | 11.8 B | ||||
| Retained Earnings | 3.03 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.29 % | ||||
| Net Asset | 11.8 B | ||||
| Last Dividend Paid | 1.4 |
About Selective Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Selective Insurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selective Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selective Insurance Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:Check out Selective Insurance Piotroski F Score and Selective Insurance Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.035 | Dividend Share 1.4 | Earnings Share 3.72 | Revenue Per Share 77.534 | Quarterly Revenue Growth 0.151 |
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.