Zacks Research Brokers Increase Earnings Estimates for SIGI

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Research analysts at Zacks Research boosted their FY2025 earnings per share estimates for Selective Insurance Group in a research note issued to investors on Wednesday, November 12th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $6.95 for the year, up from their previous estimate of $6.94. 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 Q4 2025 earnings at $2.13 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.75 EPS, Q3 2026 earnings at $1.85 EPS, FY2026 earnings at $7.82 EPS, Q1 2027 earnings at $2.03 EPS, Q2 2027 earnings at $2.12 EPS and Q3 2027 earnings at $2.10 EPS.

A number of other equities analysts have also weighed in on SIGI. Piper Sandler cut their price objective on shares of Selective Insurance Group from $88.00 to $79.00 and set a “neutral” rating for the company in a research report on Friday, July 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Selective Insurance Group in a research note on Wednesday, October 8th. 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 research note on Tuesday, October 28th. Keefe, Bruyette & Woods decreased their price objective on Selective Insurance Group from $84.00 to $82.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Finally, Morgan Stanley upped their target price on Selective Insurance Group from $72.00 to $73.00 and gave the company an “underweight” rating in a research note on Tuesday, October 7th. Six investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $78.75.

Selective Insurance Group Price Performance

NASDAQ:SIGI opened at $79.12 on Thursday. Selective Insurance Group has a 12-month low of $71.75 and a 12-month high of $103.56. The firm has a market cap of $4.78 billion, a price-to-earnings ratio of 12.19 and a beta of 0.39. The company’s 50-day moving average is $79.46 and its two-hundred day moving average is $82.62. The company has a current ratio of 0.32, a quick ratio of 0.33 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, beating analysts’ consensus estimates of $1.71 by $0.04. The business 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 for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 earnings per share.

Institutional Investors Weigh In On Selective Insurance Group

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Selective Insurance Group by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 6,756,225 shares of the insurance provider’s stock worth $618,465,000 after purchasing an additional 135,324 shares during the period. AQR Capital Management LLC raised its holdings in Selective Insurance Group by 174.6% in the second quarter. AQR Capital Management LLC now owns 1,593,645 shares of the insurance provider’s stock valued at $137,340,000 after buying an additional 1,013,371 shares during the period. Dimensional Fund Advisors LP raised its holdings in Selective Insurance Group by 1.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,270,387 shares of the insurance provider’s stock valued at $102,982,000 after buying an additional 17,511 shares during the period. Vaughan Nelson Investment Management L.P. lifted its position in Selective Insurance Group by 2.0% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,150,662 shares of the insurance provider’s stock valued at $99,705,000 after buying an additional 22,410 shares in the last quarter. Finally, Boston Trust Walden Corp grew its stake in Selective Insurance Group by 6.0% during the second quarter. Boston Trust Walden Corp now owns 1,109,922 shares of the insurance provider’s stock worth $96,175,000 after buying an additional 63,255 shares during the period. Hedge funds and other institutional investors own 82.88% of the company’s stock.

Selective Insurance Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be given a $0.43 dividend. This is an increase from Selective Insurance Group’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Friday, November 14th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. Selective Insurance Group’s dividend payout ratio is 26.50%.

About Selective Insurance Group

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.