Research Analysts Set Expectations for SIGI FY2026 Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Zacks Research dropped their FY2026 earnings per share estimates for Selective Insurance Group in a research report issued to clients and investors on Tuesday, July 21st. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $7.72 per share for the year, down from their previous estimate of $7.74. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.85 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q1 2028 earnings at $2.77 EPS and Q2 2028 earnings at $2.49 EPS.

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

SIGI has been the subject of several other research reports. Piper Sandler raised their target price on Selective Insurance Group from $93.00 to $103.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 15th. Royal Bank Of Canada lifted their price objective on Selective Insurance Group from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. BMO Capital Markets upgraded Selective Insurance Group from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $84.00 to $97.00 in a report on Thursday, May 7th. Keefe, Bruyette & Woods upped their price target on Selective Insurance Group from $88.00 to $101.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 8th. Finally, Morgan Stanley raised their price target on Selective Insurance Group from $72.00 to $80.00 and gave the company an “underweight” rating in a report on Monday, July 6th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $99.33.

Selective Insurance Group Stock Down 2.7%

SIGI stock opened at $96.08 on Thursday. The stock has a fifty day moving average of $92.71 and a 200-day moving average of $85.70. The company has a market capitalization of $5.75 billion, a price-to-earnings ratio of 13.14 and a beta of 0.29. Selective Insurance Group has a fifty-two week low of $71.75 and a fifty-two week high of $100.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.30 and a current ratio of 0.30.

Hedge Funds Weigh In On Selective Insurance Group

Large investors have recently added to or reduced their stakes in the company. Eurizon Capital SGR S.p.A. bought a new stake in shares of Selective Insurance Group during the fourth quarter valued at approximately $25,000. Los Angeles Capital Management LLC purchased a new stake in shares of Selective Insurance Group in the fourth quarter worth approximately $25,000. Amundi lifted its holdings in Selective Insurance Group by 398.7% during the 1st quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after buying an additional 311 shares in the last quarter. True Wealth Design LLC raised its position in Selective Insurance Group by 45.9% during the 4th quarter. True Wealth Design LLC now owns 410 shares of the insurance provider’s stock valued at $34,000 after purchasing an additional 129 shares in the last quarter. Finally, First Horizon Corp raised its holdings in shares of Selective Insurance Group by 52.8% in the 4th quarter. First Horizon Corp now owns 550 shares of the insurance provider’s stock valued at $46,000 after purchasing an additional 190 shares in the last quarter. Hedge funds and other institutional investors own 82.88% of the company’s stock.

Selective Insurance Group Company Profile

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.