- Selective Insurance reported a 4th quarter adjusted operating earnings per share (EPS) of $1.62.
- Despite strong investment results, the company’s financial performance in 2024 was below expectations.
- The insurance operations achieved solid underlying profitability.
- Significant actions were taken to strengthen casualty reserves due to social inflation pressures.
- Analyst recommendations include 3 buys and 5 holds, with no sell recommendations.
Selective Insurance on Smartkarma
Analysts at Baptista Research on Smartkarma have provided insightful coverage of Selective Insurance Group Inc., shedding light on the company’s operational performance and strategic initiatives. In their report titled “Inside Selective Insuranceβs Winning Formula: Stability,” Baptista Research discusses the third-quarter results of Selective Insurance, highlighting the company’s operational resilience amidst challenges. The report delves into key financial metrics such as operating earnings per share and operating return on equity, emphasizing the impact of catastrophe losses on the company’s performance.
In another report titled “Selective Insurance Group Inc.: Enhanced Commercial Lines Pricing and Retention Strategies! – Major Drivers,” Baptista Research evaluates the second-quarter performance of Selective Insurance. The report underscores the company’s focus on disciplined underwriting, pricing, and reserving practices amid industry-wide challenges. Analysts at Baptista Research delve into the strategies employed by Selective Insurance to enhance commercial lines pricing and retention, offering valuable insights for investors seeking to understand the company’s positioning in the market.
A look at Selective Insurance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
Selective Insurance Group, Inc. shows a promising long-term outlook based on the Smartkarma Smart Scores. With solid scores across key factors such as Value, Dividend, Growth, Resilience, and Momentum, the company is positioned well for future growth and stability. Selective Insurance offers a broad range of commercial insurance products, alternative risk management products, and related services. This diversified portfolio caters to small to medium-sized businesses, governmental entities, light industry classes, as well as individual and family clients.
The balanced scores across Value, Dividend, Growth, Resilience, and Momentum highlight Selective Insurance‘s overall strength in the market. The company’s stable outlook suggests a strong foundation for sustained performance and potential growth opportunities. With a focus on providing comprehensive insurance solutions and services, Selective Insurance Group, Inc. is well-positioned to meet the evolving needs of its diverse customer base and navigate challenges in the insurance industry.
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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