Zacks Research Has Bullish Estimate for SIGI FY2026 Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Equities research analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of Selective Insurance Group in a report issued on Tuesday, June 23rd. Zacks Research analyst Team now anticipates that the insurance provider will earn $7.74 per share for the year, up from their previous forecast of $7.70. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.81 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q4 2026 earnings at $2.58 EPS and FY2028 earnings at $9.07 EPS.

Selective Insurance Group (NASDAQ:SIGI) last released its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.81 by ($0.12). Selective Insurance Group had a net margin of 8.39% and a return on equity of 13.71%. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the business earned $1.76 earnings per share. The business’s quarterly revenue was up 5.7% compared to the same quarter last year.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $95.00 price target on shares of Selective Insurance Group in a research note on Monday, March 23rd. BMO Capital Markets upgraded shares of Selective Insurance Group from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $84.00 to $97.00 in a research report on Thursday, May 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Selective Insurance Group in a research report on Thursday, June 18th. Keefe, Bruyette & Woods increased their price objective on shares of Selective Insurance Group from $84.00 to $88.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. Finally, Piper Sandler raised their target price on shares of Selective Insurance Group from $82.00 to $93.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $91.67.

Selective Insurance Group Stock Up 2.1%

Shares of NASDAQ SIGI opened at $94.40 on Wednesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.27. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 12.91 and a beta of 0.32. Selective Insurance Group has a 12 month low of $71.75 and a 12 month high of $94.78. The stock has a 50-day moving average price of $86.89 and a two-hundred day moving average price of $83.57.

Institutional Trading of Selective Insurance Group

Hedge funds have recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. bought a new stake in shares of Selective Insurance Group during the fourth quarter worth about $25,000. Los Angeles Capital Management LLC bought a new position in Selective Insurance Group in the 4th quarter valued at approximately $25,000. True Wealth Design LLC raised its holdings in Selective Insurance Group by 45.9% in the 4th 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. Amundi boosted its position in Selective Insurance Group by 398.7% during the 1st quarter. Amundi now owns 389 shares of the insurance provider’s stock worth $36,000 after buying an additional 311 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its position in Selective Insurance Group by 38.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 555 shares of the insurance provider’s stock worth $46,000 after buying an additional 154 shares during the period. 82.88% of the stock is owned by institutional investors and hedge funds.

Selective Insurance Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $0.43 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.72 annualized dividend and a yield of 1.8%. Selective Insurance Group’s dividend payout ratio (DPR) is currently 23.53%.

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.