Selective Insurance Group, Inc. to Post Q1 2025 Earnings of $2.17 Per Share, Zacks Research Forecasts (NASDAQ:SIGI)

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Zacks Research upped their Q1 2025 EPS estimates for Selective Insurance Group in a research report issued on Wednesday, April 10th. Zacks Research analyst R. Department now anticipates that the insurance provider will post earnings of $2.17 per share for the quarter, up from their prior estimate of $2.15. The consensus estimate for Selective Insurance Group’s current full-year earnings is $7.67 per share. Zacks Research also issued estimates for Selective Insurance Group’s FY2025 earnings at $8.40 EPS.

Selective Insurance Group (NASDAQ:SIGI) last released its quarterly earnings results on Wednesday, January 31st. The insurance provider reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.02. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Selective Insurance Group had a net margin of 8.57% and a return on equity of 14.43%.

SIGI has been the subject of several other research reports. Piper Sandler reiterated a “neutral” rating and issued a $104.00 price target on shares of Selective Insurance Group in a report on Monday, April 1st. Oppenheimer reiterated an “outperform” rating and issued a $120.00 price target on shares of Selective Insurance Group in a report on Friday, April 5th. Keefe, Bruyette & Woods reduced their price target on shares of Selective Insurance Group from $111.00 to $109.00 and set a “market perform” rating for the company in a report on Tuesday, February 6th. Royal Bank of Canada cut their price objective on shares of Selective Insurance Group from $108.00 to $105.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Finally, JMP Securities reissued a “market perform” rating on shares of Selective Insurance Group in a research report on Monday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $105.17.

Selective Insurance Group Stock Down 0.2 %

Selective Insurance Group stock opened at $100.99 on Monday. The stock has a market capitalization of $6.14 billion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 0.75 and a beta of 0.55. Selective Insurance Group has a twelve month low of $91.99 and a twelve month high of $109.58. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of $103.51 and a 200-day moving average of $102.88.

Selective Insurance Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend was Wednesday, February 14th. Selective Insurance Group’s dividend payout ratio is presently 24.01%.

Insiders Place Their Bets

In other Selective Insurance Group news, COO Brenda M. Hall sold 2,626 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $105.88, for a total transaction of $278,040.88. Following the sale, the chief operating officer now directly owns 10,511 shares of the company’s stock, valued at $1,112,904.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Institutional Trading of Selective Insurance Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janiczek Wealth Management LLC lifted its stake in shares of Selective Insurance Group by 186.5% during the 3rd quarter. Janiczek Wealth Management LLC now owns 255 shares of the insurance provider’s stock worth $26,000 after buying an additional 166 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Selective Insurance Group by 68.9% during the 4th quarter. Blue Trust Inc. now owns 255 shares of the insurance provider’s stock worth $27,000 after buying an additional 104 shares during the last quarter. Rise Advisors LLC acquired a new stake in shares of Selective Insurance Group during the 1st quarter worth about $27,000. Lazard Asset Management LLC acquired a new stake in shares of Selective Insurance Group during the 3rd quarter worth about $36,000. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of Selective Insurance Group during the 4th quarter worth about $40,000. 82.88% of the stock is owned by 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.