Selective Insurance Group, Inc. (NASDAQ:SIGI – Free Report) – Stock analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for shares of Selective Insurance Group in a report issued on Monday, February 17th. Zacks Research analyst R. Department now forecasts that the insurance provider will earn $1.94 per share for the quarter, down from their prior forecast of $1.95. 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 2025 earnings at $1.70 EPS, Q3 2025 earnings at $1.83 EPS, Q4 2025 earnings at $2.14 EPS, FY2025 earnings at $7.62 EPS, Q2 2026 earnings at $1.82 EPS, Q3 2026 earnings at $2.00 EPS, Q4 2026 earnings at $2.15 EPS, FY2026 earnings at $8.43 EPS and FY2027 earnings at $8.87 EPS.
A number of other analysts also recently weighed in on SIGI. JMP Securities reissued a “market perform” rating on shares of Selective Insurance Group in a research report on Thursday, January 30th. Keefe, Bruyette & Woods reiterated 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. BMO Capital Markets upgraded shares of Selective Insurance Group from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $95.00 to $105.00 in a report on Wednesday, October 30th. Finally, Morgan Stanley decreased their price target on Selective Insurance Group from $95.00 to $87.00 and set an “equal weight” rating for the company in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $98.71.
Read Our Latest Research Report on Selective Insurance Group
Selective Insurance Group Trading Down 0.8 %
Shares of SIGI stock opened at $79.33 on Wednesday. Selective Insurance Group has a 1-year low of $78.73 and a 1-year high of $109.58. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.17. The stock has a market cap of $4.82 billion, a price-to-earnings ratio of 24.64 and a beta of 0.61. The stock has a 50-day moving average of $90.14 and a 200-day moving average of $92.16.
Selective Insurance Group (NASDAQ:SIGI – Get Free Report) last posted its earnings results on Wednesday, January 29th. The insurance provider reported $1.62 earnings per share for the quarter, missing analysts’ consensus estimates 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 Inflows and Outflows
A number of hedge funds have recently made changes to their positions in SIGI. Mackenzie Financial Corp grew its stake in shares of Selective Insurance Group by 21.2% in the 4th quarter. Mackenzie Financial Corp now owns 16,665 shares of the insurance provider’s stock worth $1,559,000 after acquiring an additional 2,914 shares in the last quarter. US Asset Management LLC purchased a new stake in shares of Selective Insurance Group during the 4th quarter valued at $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Selective Insurance Group by 12.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 202,460 shares of the insurance provider’s stock worth $18,934,000 after purchasing an additional 22,712 shares during the period. Voloridge Investment Management LLC boosted its holdings in shares of Selective Insurance Group by 14.3% in the 4th quarter. Voloridge Investment Management LLC now owns 272,243 shares of the insurance provider’s stock worth $25,460,000 after buying an additional 34,100 shares during the last quarter. Finally, Two Sigma Advisers LP grew its position in Selective Insurance Group by 411.8% during the fourth quarter. Two Sigma Advisers LP now owns 43,500 shares of the insurance provider’s stock valued at $4,068,000 after buying an additional 35,000 shares during the period. 82.88% of the stock is currently owned by institutional investors and hedge funds.
Selective Insurance Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.92%. Selective Insurance Group’s dividend 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.
Read More
Receive News & Ratings for Selective Insurance Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Selective Insurance Group and related companies with MarketBeat.com’s FREE daily email newsletter.