Here's Why You Should Hold Selective Insurance (SIGI) Stock

Growth Projections The expected long-term earnings growth rate is 16.2%, outperforming the industry average of 10.2%. Image Source: Zacks Investment Research Steady betterment of premiums, improved net investment income and higher other income have resulted in topline improvement. Over the past seven years (2017-2023), total revenues witnessed a CAGR of 8%. Riding on a solid capital position, the company has been hiking dividends, which registered a nine-year (2015- 2023) CAGR of nearly 8.8%. It had $84.2 m ...