Zacks Research Issues Negative Estimate for SIGI Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Analysts at Zacks Research reduced their Q2 2026 earnings estimates for shares of Selective Insurance Group in a note issued to investors on Monday, February 16th. Zacks Research analyst Team now expects that the insurance provider will earn $1.74 per share for the quarter, down from their previous estimate 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.

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

Several other research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods decreased their price target on Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating for the company in a research note on Tuesday, January 6th. BMO Capital Markets downgraded shares of Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 price objective for the company. in a report on Tuesday, October 28th. Royal Bank Of Canada initiated coverage on shares of Selective Insurance Group in a research report on Monday, November 24th. They set an “outperform” rating and a $95.00 price target on the stock. Piper Sandler upped their price target on shares of Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Finally, Morgan Stanley raised 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. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $83.00.

Selective Insurance Group Stock Up 0.1%

SIGI opened at $86.54 on Wednesday. The stock’s 50 day moving average price is $84.32 and its 200 day moving average price is $80.78. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32. The stock has a market cap of $5.20 billion, a P/E ratio of 11.55 and a beta of 0.23. Selective Insurance Group has a 12 month low of $71.75 and a 12 month high of $93.38.

Institutional Trading of Selective Insurance Group

A number of large investors have recently added to or reduced their stakes in SIGI. Eurizon Capital SGR S.p.A. bought a new position in shares of Selective Insurance Group in the fourth quarter valued at $25,000. Los Angeles Capital Management LLC acquired a new position in shares of Selective Insurance Group in the 4th quarter worth $25,000. First Horizon Corp acquired a new position in shares of Selective Insurance Group in the 3rd quarter worth $29,000. Amundi raised its position in shares of Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider’s stock worth $36,000 after purchasing an additional 311 shares during the period. Finally, True Wealth Design LLC lifted its holdings in shares of Selective Insurance Group by 45.9% during the fourth quarter. True Wealth Design LLC now owns 410 shares of the insurance provider’s stock valued at $34,000 after purchasing an additional 129 shares during the last quarter. 82.88% of the stock is currently owned by institutional investors.

Selective Insurance Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid 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 currently 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.