What is the Return on Assets (ROA) of Selective Insurance Group this year?
The Return on Assets (ROA) of Selective Insurance Group is 0.03 undefined this year.
Selective Insurance Group ROA 2024
Selective Insurance Group ROA
0.03
Ticker
SIGI
ISIN
US8163001071
WKN
866421
In 2024, Selective Insurance Group's return on assets (ROA) was 0.03, a 51.07% increase from the 0.02 ROA in the previous year.
Selective Insurance Group Aktienanalyse
What does Selective Insurance Group do?
Selective Insurance Group, Inc. is an American company based in Branchville, New Jersey. The company was founded in 1926 and has been listed on the NASDAQ stock exchange since 1984. Selective is a diversified insurer that offers various types of insurance products and services, including homeowners and contents insurance, commercial insurance, high-risk and specialty risk insurance. Selective focuses on small and medium-sized businesses that require a wide range of services, such as financial and risk management, claims handling, and risk consulting. The company aims to build strong relationships with its customers by offering customized solutions tailored to specific needs. Selective offers a wide range of insurance products, including home and commercial property insurance, vehicle insurance, unemployment insurance, medical insurance, liability insurance, and product insurance. The company also provides services related to risk management and analysis and conducts audits to help clients minimize their risks. Selective has four operating segments: Selective Insurance Group, Selective Flood Insurance Company, Selective Auto Insurance Company of New Jersey, and Selective Insurance Company of America. Each of these segments offers specialized insurance products and services. Selective Insurance Group includes the core businesses of the company and offers a wide range of insurance products to commercial and personal customers. The products offered include commercial property and contents insurance, unemployment insurance, professional liability insurance, management and executive liability insurance. Selective Flood Insurance Company provides flood insurance for residential and commercial customers. The company works with a network of independent agents to offer customized and affordable insurance solutions to its clients. Selective Auto Insurance Company of New Jersey offers auto insurance to customers in New Jersey. The company specializes in the distribution of auto insurance and works to provide its customers with fast and efficient claims handling. Selective Insurance Company of America offers a wide range of commercial and personal customer insurance, including commercial property insurance, liability insurance, unemployment insurance, professional liability insurance, and medical insurance. Selective also operates a business services agency that offers administrative solutions for independent agents and insurance companies. The services range from premium payment billing and administration to claims processing and settlement. Selective has a strong reputation for its excellent insurance products and services. The company has become a leading provider of innovative insurance solutions tailored to the needs of its customers. Selective is committed to providing high-quality service to its customers at all times and is constantly striving to improve its products and services. Selective Insurance Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Selective Insurance Group's Return on Assets (ROA)
Selective Insurance Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Selective Insurance Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Selective Insurance Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Selective Insurance Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Selective Insurance Group stock
What was the ROA of Selective Insurance Group compared to the previous year?
The ROA of Selective Insurance Group has increased by 51.07% compared to the previous year.
What consequences do high ROA have for investors of Selective Insurance Group?
A high ROA is advantageous for investors of Selective Insurance Group, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Selective Insurance Group?
A low ROA can be unfavorable for investors of Selective Insurance Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Selective Insurance Group affect the company?
An increase in ROA of Selective Insurance Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Selective Insurance Group impact the company?
A reduction in the ROA of Selective Insurance Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Selective Insurance Group?
Some factors that can influence the ROA of Selective Insurance Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Selective Insurance Group important for investors?
The ROA of Selective Insurance Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Selective Insurance Group take to improve ROA?
To improve ROA, Selective Insurance Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Selective Insurance Group pay?
Over the past 12 months, Selective Insurance Group paid a dividend of 1.25 USD . This corresponds to a dividend yield of about 1.27 %. For the coming 12 months, Selective Insurance Group is expected to pay a dividend of 1.33 USD.
What is the dividend yield of Selective Insurance Group?
The current dividend yield of Selective Insurance Group is 1.27 %.
When does Selective Insurance Group pay dividends?
Selective Insurance Group pays a quarterly dividend. This is distributed in the months of March, June, September, December.
How secure is the dividend of Selective Insurance Group?
Selective Insurance Group paid dividends every year for the past 23 years.
What is the dividend of Selective Insurance Group?
For the upcoming 12 months, dividends amounting to 1.33 USD are expected. This corresponds to a dividend yield of 1.35 %.
In which sector is Selective Insurance Group located?
Selective Insurance Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Selective Insurance Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Selective Insurance Group from 12/2/2024 amounting to 0.38 USD, you needed to have the stock in your portfolio before the ex-date on 11/15/2024.
When did Selective Insurance Group pay the last dividend?
The last dividend was paid out on 12/2/2024.
What was the dividend of Selective Insurance Group in the year 2023?
In the year 2023, Selective Insurance Group distributed 1.14 USD as dividends.
In which currency does Selective Insurance Group pay out the dividend?
The dividends of Selective Insurance Group are distributed in USD.
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Andere Kennzahlen von Selective Insurance Group
Our stock analysis for Selective Insurance Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Selective Insurance Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Selective Insurance Group Revenue
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- Selective Insurance Group P/E
- Selective Insurance Group P/S
- Selective Insurance Group EBIT
- Selective Insurance Group Dividend
- Selective Insurance Group Stocks
- Selective Insurance Group Market capitalization
- Selective Insurance Group Debt
- Selective Insurance Group Liabilities
- Selective Insurance Group Equity
- Selective Insurance Group AAQS
- Selective Insurance Group Employees
- Selective Insurance Group ROE
- Selective Insurance Group ROA
- Selective Insurance Group ROCE
