Zacks Research Analysts Decrease Earnings Estimates for SIGI

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Research analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for shares of Selective Insurance Group in a research note issued to investors on Tuesday, December 9th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $1.80 for the quarter, down from their prior forecast of $1.85. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.62 per share. Zacks Research also issued estimates for Selective Insurance Group’s FY2026 earnings at $7.81 EPS, Q3 2027 earnings at $2.08 EPS and FY2027 earnings at $8.70 EPS.

Other equities research analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods lowered their price target on shares of Selective Insurance Group from $84.00 to $82.00 and set a “market perform” rating for the company in a research report on Friday, October 24th. Morgan Stanley increased their target price on Selective Insurance Group from $70.00 to $72.00 and gave the stock an “underweight” rating in a research note on Monday, November 17th. BMO Capital Markets lowered Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 price target on the stock. in a report on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Selective Insurance Group in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada started coverage on Selective Insurance Group in a research report on Monday, November 24th. They set an “outperform” rating and a $95.00 price target on the stock. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Selective Insurance Group presently has an average rating of “Hold” and an average target price of $81.80.

Selective Insurance Group Price Performance

Shares of SIGI stock opened at $82.30 on Friday. The firm’s 50 day moving average is $79.13 and its 200-day moving average is $81.13. The firm has a market capitalization of $4.97 billion, a price-to-earnings ratio of 12.68 and a beta of 0.26. Selective Insurance Group has a 1 year low of $71.75 and a 1 year high of $97.88. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.27.

Selective Insurance Group (NASDAQ:SIGI) last posted its quarterly earnings data on Wednesday, October 22nd. The insurance provider reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.04. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.35 billion. Selective Insurance Group had a return on equity of 12.96% and a net margin of 7.78%.The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.40 earnings per share.

Selective Insurance Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 14th. This is a boost from Selective Insurance Group’s previous quarterly dividend of $0.38. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. Selective Insurance Group’s payout ratio is 26.50%.

Institutional Trading of Selective Insurance Group

Hedge funds have recently added to or reduced their stakes in the business. First Horizon Corp acquired a new stake in shares of Selective Insurance Group in the 3rd quarter valued at about $29,000. Parallel Advisors LLC increased its position in Selective Insurance Group by 219.5% during the second quarter. Parallel Advisors LLC now owns 361 shares of the insurance provider’s stock worth $31,000 after acquiring an additional 248 shares during the period. Amundi boosted its stake in shares of Selective Insurance Group by 398.7% in the first quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after buying an additional 311 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Selective Insurance Group during the 1st quarter worth $38,000. Finally, Rothschild Investment LLC increased its holdings in Selective Insurance Group by 680.0% in the 3rd quarter. Rothschild Investment LLC now owns 546 shares of the insurance provider’s stock valued at $44,000 after buying an additional 476 shares during the period. Institutional investors and hedge funds own 82.88% of the company’s stock.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.