Selective Insurance (SIGI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Property and Casualty Insurance players like THG, ESNT, MCY, SIGI and SKWD are likely to benefit from digitalization and catastrophes that drive policy renewal rate and pricing.
Selective Insurance is expanding its Standard Commercial Lines business, strengthening its core earnings engine through disciplined underwriting and geographic growth.
Selective Insurance Group focuses on disciplined underwriting, higher pricing and expansion in commercial lines to support more stable earnings growth.
Cwm LLC raised its position in Selective Insurance Group, Inc. (NASDAQ: SIGI) by 103.6% during the undefined quarter, according to its most recent filing with the SEC. The firm owned 27,039 shares of the insurance provider's stock after buying an additional 13,757 shares during the quarter. Cwm LLC's holdings in Selective Insurance Group