Zacks Research Issues Pessimistic Forecast for SIGI Earnings

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Investment analysts at Zacks Research dropped their Q3 2025 earnings per share estimates for shares of Selective Insurance Group in a research report issued to clients and investors on Tuesday, August 12th. Zacks Research analyst R. Department now anticipates that the insurance provider will post earnings per share of $1.70 for the quarter, down from their previous forecast 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.

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

Several other research analysts have also issued reports on the company. Piper Sandler reduced their price target on 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. Keefe, Bruyette & Woods dropped their price objective on Selective Insurance Group from $92.00 to $84.00 and set a “market perform” rating on the stock in a research note on Monday, July 28th. Morgan Stanley downgraded Selective Insurance Group from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $86.00 to $72.00 in a research note on Tuesday, August 5th. Wall Street Zen raised Selective Insurance Group from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. Finally, BMO Capital Markets set a $88.00 price objective on Selective Insurance Group and gave the stock an “outperform” rating in a research note 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $87.33.

Selective Insurance Group Stock Down 1.5%

NASDAQ:SIGI opened at $78.20 on Wednesday. Selective Insurance Group has a 12-month low of $71.75 and a 12-month 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. The firm has a market capitalization of $4.76 billion, a P/E ratio of 12.80 and a beta of 0.47. The stock’s fifty day simple moving average is $83.89 and its 200-day simple moving average is $85.92.

Institutional Trading of Selective Insurance Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Olde Wealth Management LLC acquired a new stake in shares of Selective Insurance Group in the 1st quarter valued at about $28,000. Parallel Advisors LLC raised its stake in shares of Selective Insurance Group by 219.5% in the 2nd quarter. Parallel Advisors LLC now owns 361 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 248 shares during the period. Amundi raised its stake in shares of Selective Insurance Group by 398.7% in the 1st quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 311 shares during the period. Quarry LP acquired a new stake in shares of Selective Insurance Group in the 4th quarter valued at about $38,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Selective Insurance Group in the first quarter valued at about $38,000. Institutional investors and hedge funds own 82.88% of the company’s stock.

Insider Transactions at Selective Insurance Group

In other news, Director Robert Kelly Doherty purchased 1,500 shares of the company’s stock in a transaction on Friday, August 1st. The shares were purchased at an average price of $77.00 per share, with a total value of $115,500.00. Following the purchase, the director directly owned 27,110 shares of the company’s stock, valued at $2,087,470. This trade represents a 5.86% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO John J. Marchioni purchased 3,200 shares of the company’s stock in a transaction on Monday, July 28th. The stock was purchased at an average cost of $77.89 per share, for a total transaction of $249,248.00. Following the purchase, the chief executive officer directly owned 139,775 shares in the company, valued at approximately $10,887,074.75. This trade represents a 2.34% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 10,602 shares of company stock worth $817,440. 1.50% of the stock is currently owned by company insiders.

Selective Insurance Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.9%. Selective Insurance Group’s dividend payout ratio (DPR) 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.