Zacks Research Analysts Raise Earnings Estimates for SIGI

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Equities researchers at Zacks Research boosted their Q4 2026 earnings per share (EPS) estimates for shares of Selective Insurance Group in a report released on Wednesday, May 13th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $2.55 per share for the quarter, up from their previous forecast of $2.41. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.76 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q2 2027 earnings at $2.01 EPS, Q3 2027 earnings at $2.17 EPS and Q4 2027 earnings at $2.57 EPS.

Selective Insurance Group (NASDAQ:SIGI) last announced its earnings results on Wednesday, April 22nd. The insurance provider reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.81 by ($0.12). The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.29 billion. Selective Insurance Group had a net margin of 8.39% and a return on equity of 13.71%. Selective Insurance Group’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.76 EPS.

A number of other research firms have also recently commented on SIGI. Piper Sandler lifted their price objective on Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Keefe, Bruyette & Woods upped their target price on shares of Selective Insurance Group from $84.00 to $88.00 and gave the company a “market perform” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Selective Insurance Group in a research note on Wednesday, March 25th. Royal Bank Of Canada reissued an “outperform” rating and issued a $95.00 price objective on shares of Selective Insurance Group in a research report on Monday, March 23rd. Finally, BMO Capital Markets raised shares of Selective Insurance Group from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $84.00 to $97.00 in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $87.60.

Selective Insurance Group Stock Performance

NASDAQ SIGI opened at $85.95 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.27. Selective Insurance Group has a fifty-two week low of $71.75 and a fifty-two week high of $91.63. The business has a fifty day moving average of $79.72 and a 200-day moving average of $81.16. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of 11.76 and a beta of 0.32.

Selective Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.72 dividend on an annualized basis and a yield of 2.0%. Selective Insurance Group’s dividend payout ratio (DPR) is currently 23.53%.

Institutional Trading of Selective Insurance Group

A number of institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC raised its position in shares of Selective Insurance Group by 56.3% in the 4th quarter. AQR Capital Management LLC now owns 4,059,547 shares of the insurance provider’s stock worth $339,662,000 after buying an additional 1,462,838 shares during the period. Geode Capital Management LLC increased its stake in Selective Insurance Group by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,660,758 shares of the insurance provider’s stock worth $138,976,000 after acquiring an additional 8,580 shares during the last quarter. First Trust Advisors LP increased its stake in Selective Insurance Group by 33.3% during the first quarter. First Trust Advisors LP now owns 1,381,867 shares of the insurance provider’s stock worth $104,179,000 after acquiring an additional 345,348 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Selective Insurance Group by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,359,224 shares of the insurance provider’s stock valued at $102,473,000 after purchasing an additional 44,532 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Selective Insurance Group during the 4th quarter worth about $65,625,000. 82.88% of the stock is currently owned by institutional investors and hedge funds.

About Selective Insurance Group

Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.

The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.