What is Zacks Research’s Forecast for SIGI FY2026 Earnings?

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Stock analysts at Zacks Research reduced their FY2026 earnings per share estimates for Selective Insurance Group in a report issued on Tuesday, July 21st. Zacks Research analyst Team now expects that the insurance provider will post earnings of $7.72 per share for the year, down from their prior estimate of $7.74. 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 Q1 2028 earnings at $2.77 EPS and Q2 2028 earnings at $2.49 EPS.

Selective Insurance Group (NASDAQ:SIGI) last released its quarterly earnings results on Thursday, July 23rd. The insurance provider reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.29. Selective Insurance Group had a return on equity of 14.62% and a net margin of 9.10%.The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the firm posted $1.31 earnings per share.

Several other analysts also recently commented on SIGI. Weiss Ratings upgraded shares of Selective Insurance Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Keefe, Bruyette & Woods upped their price target on shares of Selective Insurance Group from $88.00 to $101.00 and gave the company a “market perform” rating in a report on Wednesday, July 8th. BMO Capital Markets raised shares of 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 research report on Thursday, May 7th. Oppenheimer raised their price objective on shares of Selective Insurance Group from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Royal Bank Of Canada boosted their price objective on shares of Selective Insurance Group from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Selective Insurance Group has a consensus rating of “Hold” and an average price target of $99.33.

Selective Insurance Group Price Performance

Shares of SIGI opened at $96.33 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.30 and a current ratio of 0.30. The stock has a 50 day simple moving average of $93.11 and a 200 day simple moving average of $85.87. Selective Insurance Group has a 52-week low of $72.78 and a 52-week high of $100.40. The firm has a market capitalization of $5.77 billion, a PE ratio of 11.95 and a beta of 0.29.

Institutional Trading of Selective Insurance Group

A number of institutional investors have recently made changes to their positions in the business. Amundi grew its position in 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 purchasing an additional 311 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Selective Insurance Group by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,627 shares of the insurance provider’s stock worth $19,555,000 after buying an additional 11,167 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Selective Insurance Group by 17.9% in the 1st quarter. Focus Partners Wealth now owns 2,705 shares of the insurance provider’s stock valued at $248,000 after acquiring an additional 411 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Selective Insurance Group in the 2nd quarter valued at about $468,000. Finally, Cetera Investment Advisers grew its holdings in shares of Selective Insurance Group by 14.1% in the 2nd quarter. Cetera Investment Advisers now owns 3,749 shares of the insurance provider’s stock valued at $325,000 after acquiring an additional 462 shares in the last quarter. Institutional investors own 82.88% of the company’s stock.

Selective Insurance Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a $0.43 dividend. The ex-dividend date is Monday, August 17th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.8%. Selective Insurance Group’s dividend payout ratio (DPR) is 21.34%.

Trending Headlines about Selective Insurance Group

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

• Positive Sentiment: Q2 earnings and revenue beat expectations. SIGI reported EPS of $1.95 versus estimates around $1.66-$1.72, and revenue of $1.39 billion versus the $1.30 billion consensus, helped by stronger underwriting results and investment income. Article Title
• Positive Sentiment: Management raised its investment income outlook. The company increased its 2026 investment income forecast, which suggests a better earnings tailwind ahead. Article Title
• Neutral Sentiment: The dividend announcement supports the income profile. SIGI declared a quarterly dividend of $0.43 per share, keeping the stock attractive to income-focused investors.
• Neutral Sentiment: Analyst actions were mixed. Some Zacks estimates were trimmed, while others were increased, which may have tempered enthusiasm despite the strong quarter.
• Negative Sentiment: Market reaction suggests profit-taking or caution. Despite the earnings beat, the stock has declined as investors may be looking past the quarter and focusing on valuation, forward guidance, or broader insurance-sector sentiment.

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.