Zacks Research Has Positive Forecast for SIGI Q2 Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Investment analysts at Zacks Research increased their Q2 2026 earnings per share estimates for Selective Insurance Group in a report released on Tuesday, April 1st. Zacks Research analyst R. Department now expects that the insurance provider will earn $1.91 per share for the quarter, up from their previous estimate 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.

SIGI has been the topic of a number of other reports. Morgan Stanley dropped 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 note on Monday, February 3rd. JMP Securities reissued a “market perform” rating on shares of Selective Insurance Group in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $93.00 price objective (down previously from $116.00) on shares of Selective Insurance Group in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $95.17.

Selective Insurance Group Price Performance

Shares of NASDAQ SIGI opened at $86.33 on Friday. The company has a market capitalization of $5.25 billion, a PE ratio of 26.81 and a beta of 0.45. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.17. Selective Insurance Group has a twelve month low of $78.13 and a twelve month high of $105.86. The firm has a fifty day simple moving average of $86.33 and a 200 day simple moving average of $91.85.

Selective Insurance Group (NASDAQ:SIGI) last released its earnings results 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%.

Hedge Funds Weigh In On Selective Insurance Group

A number of institutional investors have recently modified their holdings of SIGI. Norges Bank acquired a new stake in Selective Insurance Group in the 4th quarter valued at $93,409,000. Raymond James Financial Inc. acquired a new position in shares of Selective Insurance Group during the fourth quarter valued at about $69,504,000. Proficio Capital Partners LLC bought a new stake in shares of Selective Insurance Group during the fourth quarter worth about $203,000. Point72 Asset Management L.P. increased its position in shares of Selective Insurance Group by 245.7% during the fourth quarter. Point72 Asset Management L.P. now owns 284,669 shares of the insurance provider’s stock worth $26,622,000 after acquiring an additional 202,318 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in shares of Selective Insurance Group by 39.6% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 564,542 shares of the insurance provider’s stock worth $52,796,000 after acquiring an additional 160,193 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 disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.38 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.76%. Selective Insurance Group’s dividend payout ratio (DPR) is presently 47.20%.

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.