Zacks Research Has Bearish Forecast for SIGI FY2026 Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Zacks Research reduced their FY2026 earnings per share estimates for Selective Insurance Group in a note issued to investors on Thursday, March 19th. Zacks Research analyst Team now expects that the insurance provider will earn $7.53 per share for the year, down from their previous estimate of $7.90. 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 Q1 2027 earnings at $2.06 EPS.

A number of other equities research analysts have also recently issued reports on SIGI. Piper Sandler boosted 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 report on Monday, February 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $95.00 price target on shares of Selective Insurance Group in a research report on Monday. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of 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. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $83.00.

Selective Insurance Group Stock Performance

Shares of NASDAQ SIGI opened at $74.58 on Monday. 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 firm has a market cap of $4.48 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23. The stock’s fifty day moving average price is $82.29 and its two-hundred day moving average price is $81.03. Selective Insurance Group has a one year low of $71.75 and a one year high of $93.38.

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, topping the consensus estimate of $2.24 by $0.33. The business had revenue of $1.36 billion during 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 firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $1.62 EPS.

Selective Insurance Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a dividend of $0.43 per share. The ex-dividend date was Friday, February 13th. This represents a $1.72 annualized dividend and a dividend yield of 2.3%. Selective Insurance Group’s dividend payout ratio (DPR) is currently 22.96%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Selective Insurance Group by 56.3% during the fourth quarter. AQR Capital Management LLC now owns 4,059,547 shares of the insurance provider’s stock worth $339,662,000 after purchasing an additional 1,462,838 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Selective Insurance Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,660,758 shares of the insurance provider’s stock worth $138,976,000 after buying an additional 8,580 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Selective Insurance Group by 3.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,314,692 shares of the insurance provider’s stock worth $110,004,000 after buying an additional 44,305 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Selective Insurance Group by 239.1% in the fourth quarter. First Trust Advisors LP now owns 1,036,519 shares of the insurance provider’s stock worth $86,726,000 after acquiring an additional 730,890 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Selective Insurance Group by 0.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 897,554 shares of the insurance provider’s stock worth $77,773,000 after acquiring an additional 5,683 shares during the last quarter. 82.88% of the stock is owned by institutional investors.

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.