Selective Insurance Group, Inc. (SIGIP): fair value, margin of safety and Wheel Score

Is SIGIP undervalued?

At 14.99 (close of 5 Nov 2026), SIGIP trades 85% below the GLS average fair value of 101.31. That average comes from 9 models run on the latest filings, and 7 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Selective Insurance Group, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.

The 9 models disagree widely: Lynch gives 7.75 while 10 Cap gives 396.38. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.

Ranked against every other company we cover, neither cheapness nor growth clearly wins for SIGIP, so the nightly engine files it under Blend (value score 68, growth score 60, out of 100).

Nine valuation models for SIGIP

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

Quality and financial health

Financial health is average - SIGIP passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 8.2 out of 10 - high returns on capital, steady margins and growth that held up through bad years point to a durable business.

Returns on capital are moderate - ROIC 10.1%, ROE 12.9%, ROA 3.3% - with debt at 0.28 times equity and a free-cash-flow yield of 18.5%.

The dividend yield is 1.67% at a payout ratio of 21%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Insurance Operations 47%, Standard Commercial Lines 37%, E&S Lines 6% (quarter Q3 FY2026).

Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 37: No options

SIGIP has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (37 here). The valuation and quality numbers still apply to owning the shares outright.

Volume runs at 30k shares a day on a market cap of $5.9B, with a beta of 0.31 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.

Upcoming events

No upcoming earnings date is recorded for SIGIP in the nightly calendar. The shares go ex-dividend on 30 Nov 2026 (0.2875 per share), so a covered call sold before then carries a small early-assignment risk around that date.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Insurance - Property & Casualty

The 12 companies below are the closest to Selective Insurance Group, Inc. by market cap within the Insurance - Property & Casualty industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare SIGIP with 7 of them   All Financial Services stocks →