Zacks Research Has Bearish Estimate for SIGI Q2 Earnings

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

Other equities analysts have also recently issued reports about the company. Morgan Stanley lifted their price target on Selective Insurance Group from $70.00 to $72.00 and gave the company an “underweight” rating in a research report on Monday, November 17th. Royal Bank Of Canada assumed coverage on Selective Insurance Group in a research note on Monday, November 24th. They set an “outperform” rating and a $95.00 target price on the stock. Keefe, Bruyette & Woods lowered their target price on Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating on the stock in a research note on Tuesday, January 6th. Piper Sandler raised their price target on shares of Selective Insurance Group from $79.00 to $86.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Finally, BMO Capital Markets lowered Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $81.00 target price for the company. in a report on Tuesday, October 28th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $83.00.

Selective Insurance Group Price Performance

Shares of NASDAQ SIGI opened at $85.25 on Wednesday. The firm has a market capitalization of $5.12 billion, a PE ratio of 11.38 and a beta of 0.23. The business’s fifty day moving average price is $84.45 and its two-hundred day moving average price is $80.81. Selective Insurance Group has a 1-year low of $71.75 and a 1-year high of $93.38. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32.

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 analysts’ consensus estimates of $2.24 by $0.33. The firm 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%.Selective Insurance Group’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.62 EPS.

Selective Insurance Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 13th. Selective Insurance Group’s dividend payout ratio (DPR) is presently 22.96%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. AGF Management Ltd. purchased a new stake in shares of Selective Insurance Group in the 3rd quarter valued at $3,448,000. Frontier Capital Management Co. LLC acquired a new position in Selective Insurance Group during the second quarter worth about $20,108,000. Arkadios Wealth Advisors acquired a new stake in shares of Selective Insurance Group in the 2nd quarter worth $299,000. Vest Financial LLC purchased a new stake in shares of Selective Insurance Group during the 3rd quarter valued at approximately $1,480,000. Finally, Norges Bank acquired a new position in Selective Insurance Group in the second quarter valued at about $61,437,000. Hedge funds and other institutional investors own 82.88% of the company’s stock.

Trending Headlines about Selective Insurance Group

Here are the key news stories impacting Selective Insurance Group this week:

• Positive Sentiment: Zacks raised several longer‑term and some near‑term forecasts (FY2026 to $7.90, FY2027 to $8.73, Q4 2027 upgraded to $2.73), which supports higher forward EPS expectations and is a tailwind for the stock. Zacks estimate changes
• Positive Sentiment: KalkineMedia ran a piece highlighting SIGI in a Nasdaq‑100/market spotlight (Liquidity Edge mention), which can increase investor visibility and potentially attract interest/flows. Selective Insurance (NASDAQ:SIGI) Liquidity Edge Gains Nasdaq 100 Index Spotlight
• Neutral Sentiment: Analysts’ consensus remains cautious: a recent survey-style piece shows an average recommendation of “Hold,” signaling no near‑term analyst-driven buy conviction. Analyst consensus: Hold
• Negative Sentiment: Zacks also trimmed several specific quarterly estimates (Q1–Q3 2027 and small cuts to Q2 2026/Q2 2027), which introduces near‑term uncertainty about earnings cadence and likely capped upside today. Zacks estimate cuts

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.