Zacks Research Issues Negative Forecast for SIGI Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Analysts at Zacks Research reduced their Q2 2026 EPS estimates for shares of Selective Insurance Group in a research note issued to investors on Monday, February 16th. Zacks Research analyst Team now anticipates that the insurance provider will earn $1.74 per share for the quarter, down from their prior forecast of $1.75. 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 Q3 2026 earnings at $1.82 EPS, Q4 2026 earnings at $2.41 EPS, FY2026 earnings at $7.90 EPS, Q1 2027 earnings at $2.00 EPS, Q2 2027 earnings at $2.08 EPS, Q3 2027 earnings at $1.92 EPS, Q4 2027 earnings at $2.73 EPS, FY2027 earnings at $8.73 EPS and FY2028 earnings at $9.11 EPS.

Other analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods decreased their price target on shares of Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating for the company in a research report on Tuesday, January 6th. Morgan Stanley increased their price objective on shares of Selective Insurance Group from $70.00 to $72.00 and gave the company an “underweight” rating in a research note on Monday, November 17th. Royal Bank Of Canada began coverage on shares of Selective Insurance Group in a research report on Monday, November 24th. They issued an “outperform” rating and a $95.00 target price for the company. Piper Sandler upped their target price on shares of Selective Insurance Group from $79.00 to $86.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Finally, BMO Capital Markets cut shares of 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 report on Tuesday, October 28th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $83.00.

Selective Insurance Group Price Performance

SIGI stock opened at $86.54 on Wednesday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.26. Selective Insurance Group has a 52-week low of $71.75 and a 52-week high of $93.38. The stock’s 50 day moving average is $84.32 and its two-hundred day moving average is $80.78. The company has a market capitalization of $5.20 billion, a PE ratio of 11.55 and a beta of 0.23.

Selective Insurance Group (NASDAQ:SIGI) last announced its earnings results on Thursday, January 29th. The insurance provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.33. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.36 billion. Selective Insurance Group had a return on equity of 14.23% and a net margin of 8.74%.The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.62 earnings per share.

Hedge Funds Weigh In On Selective Insurance Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Selective Insurance Group during the 4th quarter worth approximately $25,000. Los Angeles Capital Management LLC acquired a new stake in Selective Insurance Group in the fourth quarter worth $25,000. First Horizon Corp acquired a new stake in Selective Insurance Group in the third quarter worth $29,000. True Wealth Design LLC lifted its stake in Selective Insurance Group by 45.9% in the fourth quarter. True Wealth Design LLC now owns 410 shares of the insurance provider’s stock valued at $34,000 after buying an additional 129 shares during the last quarter. Finally, Amundi boosted its holdings in shares of Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 311 shares during the period. 82.88% of the stock is currently owned by institutional investors and hedge funds.

Selective Insurance Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.72 annualized dividend and a dividend yield of 2.0%. Selective Insurance Group’s payout ratio is 22.96%.

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.