Zacks Research Has Bullish Forecast for SIGI FY2025 Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Stock analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for Selective Insurance Group in a report issued on Wednesday, November 12th. Zacks Research analyst Team now expects that the insurance provider will earn $6.95 per share for the year, up from their previous forecast of $6.94. Zacks Research currently 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.

Selective Insurance Group (NASDAQ:SIGI) last released its quarterly earnings results on Wednesday, October 22nd. The insurance provider reported $1.75 EPS for the quarter, topping the consensus estimate of $1.71 by $0.04. The firm 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%.Selective Insurance Group’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.40 EPS.

Other equities research analysts have also issued reports about the stock. Morgan Stanley raised their price target on shares of Selective Insurance Group from $72.00 to $73.00 and gave the company an “underweight” rating in a report on Tuesday, October 7th. Piper Sandler decreased 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. Keefe, Bruyette & Woods dropped their target price on Selective Insurance Group from $84.00 to $82.00 and set a “market perform” rating on the stock in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Selective Insurance Group in a research note on Wednesday, October 8th. Finally, BMO Capital Markets downgraded Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 price target for the company. in a report on Tuesday, October 28th. Six research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $78.75.

Selective Insurance Group Trading Up 0.1%

SIGI opened at $79.12 on Thursday. The firm’s 50 day moving average is $79.46 and its 200-day moving average is $82.62. Selective Insurance Group has a 52-week low of $71.75 and a 52-week high of $103.56. The company has a quick ratio of 0.33, a current ratio of 0.32 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $4.78 billion, a P/E ratio of 12.19 and a beta of 0.39.

Selective Insurance Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued a $0.43 dividend. This is a boost 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 (DPR) is presently 26.50%.

Institutional Investors Weigh In On Selective Insurance Group

Institutional investors and hedge funds have recently bought and sold shares of the business. First Trust Advisors LP boosted its stake in Selective Insurance Group by 657.3% in the third quarter. First Trust Advisors LP now owns 305,629 shares of the insurance provider’s stock valued at $24,777,000 after acquiring an additional 265,270 shares during the period. Barclays PLC lifted its holdings in shares of Selective Insurance Group by 3.9% in the 3rd quarter. Barclays PLC now owns 140,323 shares of the insurance provider’s stock worth $11,376,000 after purchasing an additional 5,206 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Selective Insurance Group by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,270,387 shares of the insurance provider’s stock valued at $102,982,000 after purchasing an additional 17,511 shares during the period. Elo Mutual Pension Insurance Co bought a new position in Selective Insurance Group during the 3rd quarter worth $911,000. Finally, American Century Companies Inc. grew its stake in Selective Insurance Group by 1,299.9% during the 3rd quarter. American Century Companies Inc. now owns 301,965 shares of the insurance provider’s stock worth $24,480,000 after buying an additional 280,395 shares during the last quarter. Institutional investors and hedge funds own 82.88% of the company’s stock.

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.