FY2026 Earnings Estimate for SIGI Issued By DOWLING & PARTN

Key Points

• DOWLING & PARTN forecasts Selective Insurance Group will earn $8.15 per share in FY2026, below the $8.50 consensus estimate; its FY2027 and FY2028 estimates are $8.35 and $9.00, respectively.
• Selective reported strong quarterly results, with EPS of $2.37 beating estimates of $1.91 and revenue of $1.33 billion exceeding the $1.17 billion forecast.
• The company increased its quarterly dividend from $0.43 to $0.48 per share, implying an annualized dividend of $1.92 and a 1.9% yield; analysts’ overall rating remains “Hold,” with a consensus price target of $101.83.

Selective Insurance Group, Inc. (NASDAQ:SIGI - Free Report) - DOWLING & PARTN issued their FY2026 earnings estimates for shares of Selective Insurance Group in a research report issued on Tuesday, October 27th. DOWLING & PARTN analyst J. Collins expects that the insurance provider will earn $8.15 per share for the year. The consensus estimate for Selective Insurance Group's current full-year earnings is $8.50 per share. DOWLING & PARTN also issued estimates for Selective Insurance Group's FY2027 earnings at $8.35 EPS and FY2028 earnings at $9.00 EPS.

Selective Insurance Group (NASDAQ:SIGI - Get Free Report) last issued its earnings results on Thursday, October 22nd. The insurance provider reported $2.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.46. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.17 billion. Selective Insurance Group had a net margin of 9.40% and a return on equity of 15.60%. During the same quarter last year, the business posted $1.85 earnings per share.

Several other research firms also recently issued reports on SIGI. Morgan Stanley raised their price target on shares of Selective Insurance Group from $80.00 to $85.00 and gave the company an "underweight" rating in a research note on Tuesday. Oppenheimer restated an "outperform" rating and set a $115.00 price target on shares of Selective Insurance Group in a report on Tuesday, October 13th. BMO Capital Markets restated a "market perform" rating on shares of Selective Insurance Group in a research note on Wednesday, October 21st. Keefe, Bruyette & Woods lifted their price target on Selective Insurance Group from $101.00 to $102.00 and gave the company a "market perform" rating in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded Selective Insurance Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $101.83.

Selective Insurance Group Price Performance

Shares of SIGI opened at $99.32 on Friday. The business has a 50-day simple moving average of $89.45 and a two-hundred day simple moving average of $87.50. Selective Insurance Group has a 12-month low of $72.78 and a 12-month high of $101.25. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.28. The stock has a market cap of $5.86 billion, a PE ratio of 11.39 and a beta of 0.26.

Selective Insurance Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be issued a $0.48 dividend. This is a boost from Selective Insurance Group's previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.92 annualized dividend and a yield of 1.9%. Selective Insurance Group's payout ratio is 20.67%.

Insiders Place Their Bets

In other Selective Insurance Group news, Director Cynthia Nicholson sold 3,691 shares of the business's stock in a transaction on Monday, October 26th. The shares were sold at an average price of $98.71, for a total transaction of $364,338.61. Following the sale, the director owned 17,463 shares of the company's stock, valued at $1,723,772.73. The trade was a 17.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.82% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vise Technologies Inc. lifted its holdings in shares of Selective Insurance Group by 6.7% during the 3rd quarter. Vise Technologies Inc. now owns 8,730 shares of the insurance provider's stock worth $730,000 after acquiring an additional 550 shares during the last quarter. Signaturefd LLC grew its position in Selective Insurance Group by 40.6% during the 3rd quarter. Signaturefd LLC now owns 1,412 shares of the insurance provider's stock worth $118,000 after acquiring an additional 408 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new position in shares of Selective Insurance Group in the third quarter worth $206,000. Nisa Investment Advisors LLC increased its position in shares of Selective Insurance Group by 6.4% in the third quarter. Nisa Investment Advisors LLC now owns 17,776 shares of the insurance provider's stock valued at $1,486,000 after acquiring an additional 1,064 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Selective Insurance Group by 51.3% during the third quarter. IFP Advisors Inc now owns 596 shares of the insurance provider's stock valued at $50,000 after acquiring an additional 202 shares during the last quarter. Institutional investors own 82.88% of the company's stock.

About Selective Insurance Group

Selective Insurance Group, Inc is a holding company for a group of property and casualty insurance subsidiaries. Founded in 1926 and headquartered in Branchville, New Jersey, the company provides insurance products and related services primarily through a network of independent agents.

Selective serves commercial, personal and public-sector customers. Its commercial offerings include business owners policies, commercial automobile, workers' compensation, general liability, commercial property and other specialty coverages.

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