Zacks Research Issues Negative Outlook for SIGI Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Equities research analysts at Zacks Research cut their Q2 2025 earnings per share estimates for shares of Selective Insurance Group in a report released on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the insurance provider will post earnings per share of $1.65 for the quarter, down from their prior estimate of $1.70. 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 Q3 2025 earnings at $1.79 EPS, Q4 2025 earnings at $2.12 EPS, FY2025 earnings at $7.50 EPS, Q3 2026 earnings at $1.92 EPS, Q4 2026 earnings at $2.09 EPS, FY2026 earnings at $8.38 EPS, Q1 2027 earnings at $2.67 EPS and FY2027 earnings at $8.97 EPS.

A number of other research analysts have also recently weighed in on SIGI. Keefe, Bruyette & Woods restated a “market perform” rating and set a $93.00 target price (down previously from $116.00) on shares of Selective Insurance Group in a research note on Friday, February 7th. Morgan Stanley lowered their price objective 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. Finally, JMP Securities reiterated a “market perform” rating on shares of Selective Insurance Group in a research report on Thursday, January 30th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $98.71.

Selective Insurance Group Price Performance

Shares of NASDAQ:SIGI opened at $92.22 on Thursday. The firm’s 50 day simple moving average is $86.46 and its two-hundred day simple moving average is $91.88. 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 company has a market capitalization of $5.60 billion, a P/E ratio of 28.64 and a beta of 0.54. Selective Insurance Group has a 1-year low of $78.13 and a 1-year high of $106.01.

Selective Insurance Group (NASDAQ:SIGI) last posted its quarterly earnings data 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 net margin of 4.26% and a return on equity of 7.33%.

Institutional Investors Weigh In On Selective Insurance Group

A number of institutional investors and hedge funds have recently modified their holdings of SIGI. Pullen Investment Management LLC lifted its holdings in Selective Insurance Group by 51.6% during the 4th quarter. Pullen Investment Management LLC now owns 12,736 shares of the insurance provider’s stock valued at $1,191,000 after buying an additional 4,334 shares in the last quarter. Mackenzie Financial Corp lifted its holdings 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 buying an additional 2,914 shares during the period. US Asset Management LLC bought a new position in shares of Selective Insurance Group during the 4th quarter worth $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Selective Insurance Group by 12.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 202,460 shares of the insurance provider’s stock valued at $18,934,000 after acquiring an additional 22,712 shares in the last quarter. Finally, Voloridge Investment Management LLC raised its holdings in shares of Selective Insurance Group by 14.3% in the fourth quarter. Voloridge Investment Management LLC now owns 272,243 shares of the insurance provider’s stock valued at $25,460,000 after acquiring an additional 34,100 shares in the last quarter. 82.88% of the stock is owned by institutional investors.

Selective Insurance Group Announces Dividend

The firm also recently announced 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. The ex-dividend date was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.65%. Selective Insurance Group’s dividend payout ratio is 47.20%.

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.