Zacks Research Issues Optimistic Outlook for SIGI Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Stock analysts at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for Selective Insurance Group in a research note issued on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the insurance provider will post earnings per share of $1.91 for the quarter, up from their prior forecast of $1.82. 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 $1.91 EPS.

Other analysts also recently issued research reports about the stock. JMP Securities reaffirmed a “market perform” rating on shares of Selective Insurance Group in a report on Thursday, January 30th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $93.00 price objective (down previously from $116.00) on shares of Selective Insurance Group in a research report on Friday, February 7th. Finally, Morgan Stanley dropped their target price on Selective Insurance Group from $95.00 to $87.00 and set an “equal weight” rating on the stock in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $98.71.

Selective Insurance Group Stock Performance

NASDAQ:SIGI opened at $86.33 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.34 and a quick ratio of 0.34. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 26.81 and a beta of 0.45. The firm’s fifty day moving average price is $86.33 and its 200 day moving average price is $91.85. Selective Insurance Group has a 1-year low of $78.13 and a 1-year high of $105.86.

Selective Insurance Group (NASDAQ:SIGI) last announced its earnings results on Wednesday, January 29th. The insurance provider reported $1.62 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.37). Selective Insurance Group had a net margin of 4.26% and a return on equity of 7.33%.

Selective Insurance Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Friday, February 14th. Selective Insurance Group’s dividend payout ratio (DPR) is 47.20%.

Institutional Trading of Selective Insurance Group

Institutional investors have recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of Selective Insurance Group by 3.1% in the third quarter. State Street Corp now owns 2,401,897 shares of the insurance provider’s stock valued at $224,097,000 after purchasing an additional 71,296 shares in the last quarter. Geode Capital Management LLC grew its holdings in Selective Insurance Group by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,586,527 shares of the insurance provider’s stock valued at $148,048,000 after buying an additional 26,880 shares during the last quarter. Boston Trust Walden Corp increased its position in Selective Insurance Group by 8.7% during the fourth quarter. Boston Trust Walden Corp now owns 1,055,321 shares of the insurance provider’s stock worth $98,694,000 after buying an additional 84,341 shares in the last quarter. Northern Trust Corp increased its position in Selective Insurance Group by 9.3% during the fourth quarter. Northern Trust Corp now owns 1,052,142 shares of the insurance provider’s stock worth $98,396,000 after buying an additional 89,692 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Selective Insurance Group in the fourth quarter valued at $93,409,000. 82.88% of the stock is currently owned by hedge funds and other institutional investors.

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.