Zacks Research Brokers Decrease Earnings Estimates for SIGI

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Selective Insurance Group in a research report issued on Thursday, March 19th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $1.79 for the quarter, down from their prior estimate of $1.93. 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 $1.51 EPS, Q2 2027 earnings at $2.02 EPS, FY2027 earnings at $8.74 EPS and FY2028 earnings at $9.12 EPS.

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 the consensus estimate of $1.36 billion. Selective Insurance Group had a return on equity of 14.23% and a net margin of 8.74%.The business’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.62 EPS.

Other research analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods decreased their target price on shares of Selective Insurance Group from $82.00 to $81.00 and set a “market perform” rating for the company in a research report on Tuesday, January 6th. Royal Bank Of Canada initiated coverage on shares of Selective Insurance Group in a research report on Monday, November 24th. They set an “outperform” rating and a $95.00 price target on the stock. Finally, Piper Sandler increased their price objective on shares of Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Selective Insurance Group currently has a consensus rating of “Hold” and a consensus price target of $83.00.

Selective Insurance Group Price Performance

NASDAQ SIGI opened at $74.04 on Friday. The firm’s 50 day moving average is $82.60 and its 200-day moving average is $81.08. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $4.45 billion, a PE ratio of 9.89 and a beta of 0.23. Selective Insurance Group has a 12-month low of $71.75 and a 12-month high of $93.38.

Hedge Funds Weigh In On Selective Insurance Group

Institutional investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC bought a new stake in Selective Insurance Group during the fourth quarter worth $3,115,000. Rockefeller Capital Management L.P. grew its position in shares of Selective Insurance Group by 177.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,928 shares of the insurance provider’s stock valued at $245,000 after acquiring an additional 1,874 shares during the period. Virtu Financial LLC bought a new position in shares of Selective Insurance Group in the 4th quarter valued at about $306,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Selective Insurance Group by 117.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 13,171 shares of the insurance provider’s stock worth $1,102,000 after purchasing an additional 7,112 shares during the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Selective Insurance Group during the 4th quarter worth about $277,000. 82.88% of the stock is currently 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, March 2nd. Investors of record on Friday, February 13th were paid a $0.43 dividend. The ex-dividend date of this dividend 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%.

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.