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Hot Stocks
Selective Insurance raises FY21 net catastrophe losses view to 5 points from 4  17:00
10/27/21
10/27
17:00
10/27/21
17:00
SIGI

Selective Insurance

$78.10 /

-2.88 (-3.56%)

 
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SIGI Selective Insurance
$78.10 /

-2.88 (-3.56%)

SIGI Selective Insurance
$78.10 /

-2.88 (-3.56%)

08/16/21 Wolfe Research
Selective Insurance initiated with an Outperform at Wolfe Research
07/14/21
Fly Intel: Top five analyst downgrades
07/14/21 JMP Securities
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities
05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
SIGI Selective Insurance
$78.10 /

-2.88 (-3.56%)

Earnings
Selective Insurance reports Q3 non-GAAP EPS $1.18, consensus $1.01 » 16:58
10/27/21
10/27
16:58
10/27/21
16:58
SIGI

Selective Insurance

$78.10 /

-2.88 (-3.56%)

Reports Q3 revenue…

Reports Q3 revenue $865.0M, consensus $784.23M. "We generated profitable underwriting results and delivered a solid ROE in the third quarter despite elevated catastrophe losses for the industry and Selective. Our 14.5% non-GAAP operating ROE for the first nine months builds on our seven-year track record of double-digit operating ROEs. I am proud of our strong and consistent operating performance and the strength of our balance sheet and capital position. We are well-positioned, with high-quality distribution partner relationships and superior underwriting capabilities, as we look ahead to 2022," said John Marchioni, CEO.

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SIGI Selective Insurance
$78.10 /

-2.88 (-3.56%)

SIGI Selective Insurance
$78.10 /

-2.88 (-3.56%)

08/16/21 Wolfe Research
Selective Insurance initiated with an Outperform at Wolfe Research
07/14/21
Fly Intel: Top five analyst downgrades
07/14/21 JMP Securities
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities
05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
SIGI Selective Insurance
$78.10 /

-2.88 (-3.56%)

Over a quarter ago
Initiation
Selective Insurance initiated with an Outperform at Wolfe Research » 16:41
08/16/21
08/16
16:41
08/16/21
16:41
SIGI

Selective Insurance

$84.07 /

+0.37 (+0.44%)

Wolfe Research analyst…

Wolfe Research analyst Michael Zaremski initiated coverage of Selective Insurance with an Outperform rating and $91 price target, citing his own expectations for "better than expected" top-line growth of about 10%.

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SIGI Selective Insurance
$84.07 /

+0.37 (+0.44%)

SIGI Selective Insurance
$84.07 /

+0.37 (+0.44%)

07/14/21
Fly Intel: Top five analyst downgrades
07/14/21 JMP Securities
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities
05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
SIGI Selective Insurance
$84.07 /

+0.37 (+0.44%)

Hot Stocks
Selective Insurance revises FY21 guidance » 16:27
07/28/21
07/28
16:27
07/28/21
16:27
SIGI

Selective Insurance

$78.59 /

+0.04 (+0.05%)

For 2021, Selective has…

For 2021, Selective has revised its full-year guidance as follows: A GAAP combined ratio, excluding catastrophe losses, of 89% (prior guidance 90%) that assumes no additional prior-year casualty reserve development; Catastrophe losses of 4.0 points on the combined ratio; After-tax net investment income of $220 million (prior guidance $195 million) that includes $55 million (prior guidance of $31 million) in after-tax net investment income from our alternative investments; An overall effective tax rate of approximately 20.5% that includes an effective tax rate of 19.0% for net investment income and 21.0% for all other items; and Weighted average shares of 60.5 million on a fully diluted basis.

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SIGI Selective Insurance
$78.59 /

+0.04 (+0.05%)

07/14/21
Fly Intel: Top five analyst downgrades
07/14/21 JMP Securities
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities
05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
SIGI Selective Insurance
$78.59 /

+0.04 (+0.05%)

Earnings
Selective Insurance reports Q2 adjusted EPS $1.85, consensus $1.21 » 16:26
07/28/21
07/28
16:26
07/28/21
16:26
SIGI

Selective Insurance

$78.59 /

+0.04 (+0.05%)

Reports Q2 revenue…

Reports Q2 revenue $840.5M, consensus $782.93M.

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SIGI Selective Insurance
$78.59 /

+0.04 (+0.05%)

07/14/21
Fly Intel: Top five analyst downgrades
07/14/21 JMP Securities
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities
05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
SIGI Selective Insurance
$78.59 /

+0.04 (+0.05%)

Downgrade
Fly Intel: Top five analyst downgrades » 09:54
07/14/21
07/14
09:54
07/14/21
09:54
PEP

PepsiCo

$153.59 /

+0.56 (+0.37%)

, CAG

Conagra Brands

$33.68 /

-0.3 (-0.88%)

, PTON

Peloton

$114.53 /

-5.23 (-4.37%)

, HLI

Houlihan Lokey

$81.82 /

-0.87 (-1.05%)

, SIGI

Selective Insurance

$77.59 /

-0.11 (-0.14%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. PepsiCo (PEP) downgraded to Neutral from Outperform at Credit Suisse with analyst Kaumil Gajrawala saying the post-earnings share reaction "signals cooling sentiment." 2. Conagra Brands (CAG) downgraded to Neutral from Buy at BofA and downgraded to Hold from Buy at Stifel. 3. Peloton (PTON) downgraded to Neutral from Outperform at Wedbush with analyst James Hardiman saying with consumers now back to having a full complement of in-person workout options along with an "unprecedented and ever-growing list" of digital and at-home choices, Hardiman argues that the next leg of Peloton's growth story post-pandemic will require savvy marketing and compelling new products. 4. Houlihan Lokey (HLI) downgraded to Underperform from Market Perform at Keefe Bruyette with analyst Michael Brown saying the stock has been the top performer in the Brokers and M&A Advisors sector in recent months but from here the bar is high with limited earnings upside and a "full" valuation. 5. Selective Insurance (SIGI) downgraded to Market Perform from Outperform at JMP Securities with analyst Matthew Carletti while he continues to expect good things from Selective and believes the business is excellently positioned in the small/middle commercial lines market, he feels reaching a price objective above current levels that is sizable enough to continue to support a higher rating brings with it a lower level of conviction, particularly as the pricing cycle may be reaching its later innings. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
SIGI Selective Insurance
$77.59 /

-0.11 (-0.14%)

PTON Peloton
$114.53 /

-5.23 (-4.37%)

PEP PepsiCo
$153.59 /

+0.56 (+0.37%)

HLI Houlihan Lokey
$81.82 /

-0.87 (-1.05%)

CAG Conagra Brands
$33.68 /

-0.3 (-0.88%)

PEP PepsiCo
$153.59 /

+0.56 (+0.37%)

07/14/21 Wells Fargo
PepsiCo price target raised to $160 from $147 at Wells Fargo
07/14/21 Truist
PepsiCo price target raised to $160 from $135 at Truist
07/14/21 Deutsche Bank
PepsiCo price target raised to $154 from $149 at Deutsche Bank
07/14/21 Morgan Stanley
PepsiCo price target raised to $172 from $165 at Morgan Stanley
CAG Conagra Brands
$33.68 /

-0.3 (-0.88%)

07/14/21 Deutsche Bank
Conagra Brands price target lowered to $35 from $37 at Deutsche Bank
07/14/21 Citi
Conagra Brands price target lowered to $37 from $42 at Citi
07/14/21 BofA
BofA downgrades Conagra Brands on inflation, tough compares
07/14/21 BofA
Conagra Brands downgraded to Neutral from Buy at BofA
PTON Peloton
$114.53 /

-5.23 (-4.37%)

07/14/21 Wedbush
Peloton downgraded to Neutral at Wedbush on slowing engagement
07/14/21 Wedbush
Peloton downgraded to Neutral from Outperform at Wedbush
07/01/21 Truist
Peloton price target raised to $140 from $125 at Truist
06/22/21 JMP Securities
Peloton corporate wellness program creates 'new on-ramp,' says JMP Securities
HLI Houlihan Lokey
$81.82 /

-0.87 (-1.05%)

07/14/21 Keefe Bruyette
Houlihan Lokey downgraded to Underperform from Market Perform at Keefe Bruyette
06/17/21 Wolfe Research
Moelis upgraded to Peer Perform from Underperform at Wolfe Research
03/19/21 Goldman Sachs
Houlihan Lokey downgraded to Neutral from Buy at Goldman Sachs
01/05/21 Wolfe Research
Houlihan Lokey downgraded to Underperform from Peer Perform at Wolfe Research
SIGI Selective Insurance
$77.59 /

-0.11 (-0.14%)

07/14/21 JMP Securities
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities
05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
04/16/21 JMP Securities
Selective Insurance price target raised to $80 from $72 at JMP Securities
SIGI Selective Insurance
$77.59 /

-0.11 (-0.14%)

PTON Peloton
$114.53 /

-5.23 (-4.37%)

PEP PepsiCo
$153.59 /

+0.56 (+0.37%)

HLI Houlihan Lokey
$81.82 /

-0.87 (-1.05%)

CAG Conagra Brands
$33.68 /

-0.3 (-0.88%)

PTON Peloton
$114.53 /

-5.23 (-4.37%)

PEP PepsiCo
$153.59 /

+0.56 (+0.37%)

CAG Conagra Brands
$33.68 /

-0.3 (-0.88%)

PTON Peloton
$114.53 /

-5.23 (-4.37%)

PEP PepsiCo
$153.59 /

+0.56 (+0.37%)

HLI Houlihan Lokey
$81.82 /

-0.87 (-1.05%)

CAG Conagra Brands
$33.68 /

-0.3 (-0.88%)

PTON Peloton
$114.53 /

-5.23 (-4.37%)

PEP PepsiCo
$153.59 /

+0.56 (+0.37%)

Downgrade
Selective Insurance downgraded to Market Perform from Outperform at JMP Securities » 06:44
07/14/21
07/14
06:44
07/14/21
06:44
SIGI

Selective Insurance

$77.73 /

-1.43 (-1.81%)

JMP Securities analyst…

JMP Securities analyst Matthew Carletti downgraded Selective Insurance to Market Perform from Outperform. While Carletti continues to expect good things from Selective and believes the business is excellently positioned in the small/middle commercial lines market, he feels reaching a price objective above current levels that is sizable enough to continue to support a higher rating brings with it a lower level of conviction, particularly as the pricing cycle, while still robust, may be reaching its later innings, the analyst tells investors in a research note.

ShowHide Related Items >><<
SIGI Selective Insurance
$77.73 /

-1.43 (-1.81%)

SIGI Selective Insurance
$77.73 /

-1.43 (-1.81%)

05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
04/16/21 JMP Securities
Selective Insurance price target raised to $80 from $72 at JMP Securities
04/08/21 RBC Capital
Selective Insurance price target raised to $71 from $67 at RBC Capital
SIGI Selective Insurance
$77.73 /

-1.43 (-1.81%)

Syndicate
Selective Insurance files automatic mixed securities shelf  13:51
06/03/21
06/03
13:51
06/03/21
13:51
SIGI

Selective Insurance

$76.27 /

+0.3 (+0.39%)

 
ShowHide Related Items >><<
SIGI Selective Insurance
$76.27 /

+0.3 (+0.39%)

SIGI Selective Insurance
$76.27 /

+0.3 (+0.39%)

05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
04/16/21 JMP Securities
Selective Insurance price target raised to $80 from $72 at JMP Securities
04/08/21 RBC Capital
Selective Insurance price target raised to $71 from $67 at RBC Capital
SIGI Selective Insurance
$76.27 /

+0.3 (+0.39%)

Conference/Events
Selective Insurance management to meet virtually with Piper Sandler » 04:55
05/24/21
05/24
04:55
05/24/21
04:55
SIGI

Selective Insurance

$77.49 /

+1.01 (+1.32%)

Virtual Meeting to be…

Virtual Meeting to be held on May 24 hosted by Piper Sandler.

ShowHide Related Items >><<
SIGI Selective Insurance
$77.49 /

+1.01 (+1.32%)

SIGI Selective Insurance
$77.49 /

+1.01 (+1.32%)

05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
04/16/21 JMP Securities
Selective Insurance price target raised to $80 from $72 at JMP Securities
04/08/21 RBC Capital
Selective Insurance price target raised to $71 from $67 at RBC Capital
SIGI Selective Insurance
$77.49 /

+1.01 (+1.32%)

Conference/Events
Selective Insurance management to meet virtually with Piper Sandler » 10:51
05/21/21
05/21
10:51
05/21/21
10:51
SIGI

Selective Insurance

$77.68 /

+1.2 (+1.57%)

Virtual Meeting to be…

Virtual Meeting to be held on May 24 hosted by Piper Sandler.

ShowHide Related Items >><<
SIGI Selective Insurance
$77.68 /

+1.2 (+1.57%)

SIGI Selective Insurance
$77.68 /

+1.2 (+1.57%)

05/21/21 BofA
Selective Insurance reinstated with a Neutral at BofA
05/21/21 BofA
Selective Insurance initiated with a Neutral at BofA
04/16/21 JMP Securities
Selective Insurance price target raised to $80 from $72 at JMP Securities
04/08/21 RBC Capital
Selective Insurance price target raised to $71 from $67 at RBC Capital
SIGI Selective Insurance
$77.68 /

+1.2 (+1.57%)

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