Selective Insurance (SIGI) came out with quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.55 per share. This compares to a loss of $1.1 per share a year ago.
Selective Insurance (SIGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?
Selective Insurance is a multifaced property and casualty insurer, which suffered from underwriting losses in 2024. The insurance carrier took severe pricing and underwriting actions to remediate the loss-making portfolios. Those actions started to bear fruit in Q1 2025. With a $107.6mn post-tax income, Selective is well-positioned to deliver steady FY2025 results, or at least has started the year on the right foot.
SIGI's Q1 results reflect solid underwriting income, lower catastrophe losses and average renewal pure price increase, offset by higher expenses.
While the top- and bottom-line numbers for Selective Insurance (SIGI) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Selective Insurance (SIGI) came out with quarterly earnings of $1.76 per share, missing the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.33 per share a year ago.
Get a deeper insight into the potential performance of Selective Insurance (SIGI) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Selective Insurance (SIGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Let us delve deeper to find out what to do with SIGI stock now.
SIGI is set to grow on rising premiums and new business growth in Commercial Lines and Excess and Supply Lines, partly weighed on by exposure to cat loss.
Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?