Zacks Research Has Optimistic Outlook of SIGI Q4 Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Research analysts at Zacks Research boosted their Q4 2026 earnings per share estimates for shares of Selective Insurance Group in a research report issued to clients and investors on Wednesday, May 13th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $2.55 for the quarter, up from their prior estimate of $2.41. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.76 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q2 2027 earnings at $2.01 EPS, Q3 2027 earnings at $2.17 EPS and Q4 2027 earnings at $2.57 EPS.

Other equities analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods upped their price objective on shares of Selective Insurance Group from $84.00 to $88.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $95.00 price target on shares of Selective Insurance Group in a research note on Monday, March 23rd. BMO Capital Markets raised shares of Selective Insurance Group from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $84.00 to $97.00 in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Selective Insurance Group in a report on Wednesday, March 25th. Finally, Piper Sandler boosted their target price on Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $87.60.

Selective Insurance Group Price Performance

Shares of NASDAQ SIGI opened at $85.95 on Friday. The stock has a fifty day moving average price of $79.72 and a 200 day moving average price of $81.16. Selective Insurance Group has a 1-year low of $71.75 and a 1-year high of $91.63. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.30 and a quick ratio of 0.30. The company has a market cap of $5.15 billion, a PE ratio of 11.76 and a beta of 0.32.

Selective Insurance Group (NASDAQ:SIGI) last released its earnings results on Wednesday, April 22nd. The insurance provider reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the firm posted $1.76 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis.

Hedge Funds Weigh In On Selective Insurance Group

Several hedge funds have recently bought and sold shares of SIGI. Eurizon Capital SGR S.p.A. purchased a new stake in Selective Insurance Group during the fourth quarter worth $25,000. Los Angeles Capital Management LLC purchased a new position in shares of Selective Insurance Group in the fourth quarter valued at $25,000. First Horizon Corp purchased a new position in shares of Selective Insurance Group in the third quarter valued at $29,000. True Wealth Design LLC raised its stake in shares of Selective Insurance Group by 45.9% during the 4th quarter. True Wealth Design LLC now owns 410 shares of the insurance provider’s stock worth $34,000 after buying an additional 129 shares during the last quarter. Finally, Amundi raised its stake in shares of 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 last quarter. 82.88% of the stock is owned by hedge funds and other institutional investors.

Selective Insurance Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.0%. Selective Insurance Group’s payout ratio is 23.53%.

About Selective Insurance Group

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.