Zacks Research Issues Optimistic Estimate for SIGI Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI - Free Report) - Stock analysts at Zacks Research increased their Q2 2026 EPS estimates for Selective Insurance Group in a research note issued to investors on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the insurance provider will post earnings of $1.91 per share for the quarter, up from their prior estimate of $1.82. 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 Q2 2026 earnings at $1.91 EPS.

A number of other analysts have also recently issued reports on the company. Keefe, Bruyette & Woods restated a "market perform" rating and set a $93.00 price objective (down from $116.00) on shares of Selective Insurance Group in a research report on Friday, February 7th. JMP Securities reissued a "market perform" rating on shares of Selective Insurance Group in a report on Thursday, January 30th. Finally, Morgan Stanley dropped their price objective on shares of Selective Insurance Group from $95.00 to $87.00 and set an "equal weight" rating for the company in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $95.17.

Selective Insurance Group Stock Performance

SIGI traded up $4.52 on Friday, hitting $87.63. 109,568 shares of the stock traded hands, compared to its average volume of 379,376. The business has a fifty day moving average price of $85.61 and a two-hundred day moving average price of $91.67. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.17. Selective Insurance Group has a 52 week low of $78.13 and a 52 week high of $105.86. The firm has a market capitalization of $5.32 billion, a PE ratio of 27.32 and a beta of 0.45.

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Selective Insurance Group (NASDAQ:SIGI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.37). Selective Insurance Group had a return on equity of 7.33% and a net margin of 4.26%.

Institutional Investors Weigh In On Selective Insurance Group

A number of hedge funds have recently made changes to their positions in SIGI. Norges Bank bought a new stake in Selective Insurance Group during the fourth quarter worth about $93,409,000. Raymond James Financial Inc. acquired a new position in shares of Selective Insurance Group in the 4th quarter worth approximately $69,504,000. Proficio Capital Partners LLC bought a new stake in Selective Insurance Group during the 4th quarter worth approximately $203,000. Point72 Asset Management L.P. increased its holdings in Selective Insurance Group by 245.7% during the 4th quarter. Point72 Asset Management L.P. now owns 284,669 shares of the insurance provider's stock valued at $26,622,000 after purchasing an additional 202,318 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in shares of Selective Insurance Group by 39.6% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 564,542 shares of the insurance provider's stock valued at $52,796,000 after buying an additional 160,193 shares during the last quarter. Institutional investors and hedge funds own 82.88% of the company's stock.

Selective Insurance Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Friday, February 14th. Selective Insurance Group's payout ratio is 47.20%.

Selective Insurance Group Company Profile

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.