Q3 EPS Forecast for Selective Insurance Group Cut by Analyst

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Investment analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for Selective Insurance Group in a report issued on Tuesday, July 21st. Zacks Research analyst Team now forecasts that the insurance provider will earn $1.80 per share for the quarter, down from their previous estimate of $1.82. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.84 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q3 2027 earnings at $2.14 EPS and FY2027 earnings at $8.79 EPS.

Selective Insurance Group (NASDAQ:SIGI) last announced its earnings results on Thursday, July 23rd. The insurance provider reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.29. Selective Insurance Group had a return on equity of 13.71% and a net margin of 8.39%.The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the company posted $1.31 earnings per share.

SIGI has been the subject of a number of other reports. Morgan Stanley boosted their target price on shares of Selective Insurance Group from $72.00 to $80.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Piper Sandler raised their price target on shares of Selective Insurance Group from $93.00 to $103.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Royal Bank Of Canada boosted their price objective on shares of Selective Insurance Group from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Weiss Ratings raised Selective Insurance Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Finally, BMO Capital Markets upgraded Selective Insurance Group from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $84.00 to $97.00 in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Selective Insurance Group currently has an average rating of “Hold” and a consensus target price of $99.33.

Selective Insurance Group Stock Up 1.8%

Shares of NASDAQ SIGI opened at $97.79 on Wednesday. Selective Insurance Group has a 12-month low of $71.75 and a 12-month high of $100.40. The firm’s 50-day simple moving average is $92.95 and its 200 day simple moving average is $85.80. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.27. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 13.38 and a beta of 0.29.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Eurizon Capital SGR S.p.A. bought a new stake in shares of Selective Insurance Group during the fourth quarter worth approximately $25,000. Los Angeles Capital Management LLC acquired a new stake in Selective Insurance Group during the 4th quarter worth $25,000. True Wealth Design LLC raised its position in shares of 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 acquiring an additional 129 shares during the last quarter. Amundi raised its position in shares of 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 acquiring an additional 311 shares during the last quarter. Finally, First Horizon Corp lifted its stake 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 during the period. Institutional investors own 82.88% of the company’s stock.

Key Headlines Impacting Selective Insurance Group

Here are the key news stories impacting Selective Insurance Group this week:

• Positive Sentiment: Selective Insurance beat Q2 earnings expectations, with EPS of $1.95 coming in well above Wall Street forecasts and higher than last year’s $1.31 result. Article Title
• Positive Sentiment: The company’s return on equity and net margin suggest healthy underlying profitability, which may reinforce investor confidence after the earnings beat.
• Neutral Sentiment: Analyst estimates were mixed ahead of the report, with some Zacks Research forecasts nudged slightly lower for FY2026 and a few future quarters while other long-term estimates were raised, indicating a generally stable but not sharply improving outlook.
• Neutral Sentiment: Recent preview articles focused on whether key operating metrics would confirm the earnings outlook, but the main catalyst became the actual quarterly beat rather than any new guidance change.

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.