Zacks Research Issues Negative Estimate for SIGI Earnings

Key Points

• Analysts at Zacks Research have lowered their Q3 2025 earnings estimate for Selective Insurance Group from $1.76 to $1.70 per share, reflecting a negative outlook for the company.
• Despite recent downgrades, BMO Capital Markets has set a price target of $88.00, labeling the stock as an "outperform," while Piper Sandler has decreased its target from $88.00 to $79.00 with a "neutral" rating.
• The company declared a quarterly dividend of $0.38 per share, payable on September 2nd, with an annualized yield of 1.9% and a payout ratio of 24.88%.

Selective Insurance Group, Inc. (NASDAQ:SIGI - Free Report) - Investment analysts at Zacks Research decreased their Q3 2025 earnings per share estimates for shares of Selective Insurance Group in a research note issued to investors on Tuesday, August 12th. Zacks Research analyst R. Department now anticipates that the insurance provider will earn $1.70 per share for the quarter, down from their previous estimate of $1.76. 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 FY2025 earnings at $6.94 EPS, Q1 2026 earnings at $1.98 EPS, Q2 2026 earnings at $1.90 EPS, Q3 2026 earnings at $2.02 EPS, Q4 2026 earnings at $2.18 EPS, FY2026 earnings at $8.08 EPS and Q1 2027 earnings at $2.14 EPS.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets set a $88.00 target price on shares of Selective Insurance Group and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of Selective Insurance Group from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Keefe, Bruyette & Woods reduced their price target on shares of Selective Insurance Group from $92.00 to $84.00 and set a "market perform" rating on the stock in a research report on Monday, July 28th. Piper Sandler reduced their price target on shares of Selective Insurance Group from $88.00 to $79.00 and set a "neutral" rating on the stock in a research report on Friday, July 25th. Finally, Morgan Stanley lowered shares of Selective Insurance Group from an "equal weight" rating to an "underweight" rating and reduced their target price for the stock from $86.00 to $72.00 in a research report on Tuesday, August 5th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $87.33.

Selective Insurance Group Stock Down 1.9%

Shares of NASDAQ:SIGI traded down $1.49 during trading on Wednesday, reaching $76.71. 667,454 shares of the company traded hands, compared to its average volume of 799,801. The firm has a fifty day simple moving average of $83.68 and a 200 day simple moving average of $85.73. The firm has a market cap of $4.67 billion, a P/E ratio of 12.55 and a beta of 0.47. Selective Insurance Group has a 1-year low of $71.75 and a 1-year high of $103.56. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.28.

Selective Insurance Group (NASDAQ:SIGI - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The insurance provider reported $1.31 EPS for the quarter, missing the consensus estimate of $1.55 by ($0.24). The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.32 billion. Selective Insurance Group had a net margin of 7.50% and a return on equity of 12.61%. During the same quarter in the previous year, the business posted ($1.10) EPS.

Hedge Funds Weigh In On Selective Insurance Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Olde Wealth Management LLC acquired a new position in shares of Selective Insurance Group during the first quarter valued at about $28,000. Parallel Advisors LLC boosted its stake in Selective Insurance Group by 219.5% in the second quarter. Parallel Advisors LLC now owns 361 shares of the insurance provider's stock valued at $31,000 after acquiring an additional 248 shares during the last quarter. Amundi boosted its stake in Selective Insurance Group by 398.7% in the first quarter. Amundi now owns 389 shares of the insurance provider's stock valued at $36,000 after acquiring an additional 311 shares during the last quarter. Quarry LP purchased a new position in Selective Insurance Group in the fourth quarter valued at about $38,000. Finally, Brooklyn Investment Group bought a new stake in shares of Selective Insurance Group in the first quarter valued at approximately $38,000. 82.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Selective Insurance Group

In other Selective Insurance Group news, Director Thomas A. Mccarthy acquired 2,500 shares of the business's stock in a transaction on Monday, July 28th. The stock was purchased at an average price of $77.42 per share, with a total value of $193,550.00. Following the acquisition, the director directly owned 18,746 shares of the company's stock, valued at approximately $1,451,315.32. This trade represents a 15.39% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Terrence W. Cavanaugh purchased 2,000 shares of the business's stock in a transaction dated Friday, July 25th. The shares were purchased at an average cost of $75.72 per share, with a total value of $151,440.00. Following the acquisition, the director owned 25,295 shares in the company, valued at $1,915,337.40. This trade represents a 8.59% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 10,602 shares of company stock worth $817,440. Company insiders own 1.50% of the company's stock.

Selective Insurance Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.52 dividend on an annualized basis and a yield of 2.0%. Selective Insurance Group's payout ratio is currently 24.88%.

About Selective Insurance Group

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.