What is Zacks Research’s Forecast for SIGI Q1 Earnings?

Selective Insurance Group, Inc. (NASDAQ:SIGI) – Research analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of Selective Insurance Group in a research note issued on Wednesday, April 8th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $1.72 for the quarter, down from their prior forecast of $1.79. 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 FY2026 earnings at $7.45 EPS.

Selective Insurance Group (NASDAQ:SIGI) last issued its earnings results on Thursday, January 29th. The insurance provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.33. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Selective Insurance Group had a net margin of 8.74% and a return on equity of 14.23%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.62 EPS.

SIGI has been the topic of a number of other research reports. Piper Sandler lifted their target price on shares of Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $95.00 target price on shares of Selective Insurance Group in a research report on Monday, March 23rd. Keefe, Bruyette & Woods decreased their target price on shares of Selective Insurance Group from $92.00 to $84.00 and set a “market perform” rating on the stock in a research report on Tuesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Selective Insurance Group in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $83.60.

Selective Insurance Group Price Performance

Shares of NASDAQ:SIGI opened at $81.40 on Thursday. The stock has a market cap of $4.87 billion, a PE ratio of 10.87 and a beta of 0.26. The company’s fifty day moving average is $81.14 and its 200 day moving average is $80.88. Selective Insurance Group has a 52 week low of $71.75 and a 52 week high of $93.38. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.26.

Selective Insurance Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, February 13th. Selective Insurance Group’s dividend payout ratio (DPR) is 22.96%.

Institutional Investors Weigh In On Selective Insurance Group

Large investors have recently added to or reduced their stakes in the company. Eurizon Capital SGR S.p.A. bought a new stake in Selective Insurance Group in the 4th quarter worth $25,000. Los Angeles Capital Management LLC bought a new stake in Selective Insurance Group in the 4th quarter worth $25,000. First Horizon Corp bought a new stake in Selective Insurance Group in the 3rd quarter worth $29,000. True Wealth Design LLC grew its holdings in Selective Insurance Group by 45.9% in the 4th quarter. True Wealth Design LLC now owns 410 shares of the insurance provider’s stock worth $34,000 after acquiring an additional 129 shares during the last quarter. Finally, Amundi grew its holdings in Selective Insurance Group by 398.7% in the 1st quarter. Amundi now owns 389 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 311 shares during the last quarter. Institutional investors own 82.88% of the company’s stock.

About Selective Insurance Group

Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.

The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.