What is Zacks Research's Forecast for SIGI FY2026 Earnings?

Key Points

• Zacks Research cut its FY2026 EPS estimate for Selective Insurance Group to $7.53 from $7.90 (note dated March 19), below the $7.62 consensus, and also projects Q1 FY2027 EPS of $2.06.
• The analyst consensus on SIGI is a Hold with an average target of $83, though recent broker actions vary—RBC initiated an Outperform at $95, Piper Sandler raised its target to $86 (neutral), and KBW trimmed its target to $81 (market perform).
• Selective has a market cap of $4.45B and a PE of 9.89, recently beat quarterly EPS estimates ($2.57 vs. $2.24) with revenue up 8.6% YoY, and pays an annualized dividend of $1.72 (≈2.3% yield).

Selective Insurance Group, Inc. (NASDAQ:SIGI - Free Report) - Stock analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Selective Insurance Group in a note issued to investors on Thursday, March 19th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings of $7.53 per share for the year, down from their prior forecast of $7.90. 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 Q1 2027 earnings at $2.06 EPS.

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

Selective Insurance Group Stock Up 0.4%

NASDAQ SIGI opened at $74.04 on Monday. The business has a fifty day moving average price of $82.60 and a two-hundred day moving average price of $81.11. The stock 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 fifty-two week low of $71.75 and a fifty-two week 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 - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The insurance provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.33. Selective Insurance Group had a net margin of 8.74% and a return on equity of 14.23%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the business posted $1.62 EPS. The firm's revenue for the quarter was up 8.6% on a year-over-year basis.

Institutional Trading of Selective Insurance Group

A number of hedge funds have recently made changes to their positions in SIGI. AQR Capital Management LLC grew its holdings in shares of Selective Insurance Group by 56.3% during the fourth quarter. AQR Capital Management LLC now owns 4,059,547 shares of the insurance provider's stock worth $339,662,000 after purchasing an additional 1,462,838 shares during the last quarter. Norges Bank bought a new position in Selective Insurance Group in the 4th quarter valued at approximately $65,625,000. First Trust Advisors LP boosted its position in Selective Insurance Group by 239.1% during the 4th quarter. First Trust Advisors LP now owns 1,036,519 shares of the insurance provider's stock worth $86,726,000 after buying an additional 730,890 shares during the period. Franklin Resources Inc. grew its holdings in Selective Insurance Group by 4,903.4% during the 2nd quarter. Franklin Resources Inc. now owns 347,933 shares of the insurance provider's stock worth $30,148,000 after acquiring an additional 340,979 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Selective Insurance Group by 1,299.9% during the 3rd quarter. American Century Companies Inc. now owns 301,965 shares of the insurance provider's stock worth $24,480,000 after acquiring an additional 280,395 shares during the last quarter. 82.88% of the stock is 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. Shareholders of record on Friday, February 13th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, February 13th. Selective Insurance Group's dividend payout ratio is presently 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.

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