Selective Insurance Group, Inc.

NasdaqGS:SIGI Stock Report

Market Cap: US$4.9b

Selective Insurance Group Future Growth

Future criteria checks 1/6

Selective Insurance Group is forecast to grow earnings and revenue by 11.2% and 2.3% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 13.6% in 3 years.

Key information

11.2%

Earnings growth rate

11.78%

EPS growth rate

Insurance earnings growth1.8%
Revenue growth rate2.3%
Future return on equity13.57%
Analyst coverage

Good

Last updated27 Apr 2026

Recent future growth updates

Earnings Miss: Selective Insurance Group, Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Jul 28
Earnings Miss: Selective Insurance Group, Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Recent updates

SIGI: Future Returns Will Depend On Executing Margins And Stable P/E Multiples

The analyst price target for Selective Insurance Group has shifted by about $1, with analysts pointing to updated assumptions on fair value, revenue growth, profit margin and future P/E as key drivers of the change. Analyst Commentary Recent research has focused on how updated assumptions on fair value, growth and execution feed into revised price targets for Selective Insurance Group, with both optimistic and cautious views reflected in the latest moves.

Selective Insurance Looking To Rebuild Investor Confidence During A Soft Market Cycle

Apr 24

SIGI: Future Returns Will Rely On Executing Margins At A Measured P/E

Narrative Update on Selective Insurance Group The consensus analyst price target for Selective Insurance Group has shifted as recent research included an $8 reduction from Keefe Bruyette and a $7 increase from Piper Sandler, reflecting updated views on fair value, discount rate, growth, margins, and future P/E assumptions. Analyst Commentary Recent price target changes for Selective Insurance Group highlight different views on how the market should value the company, with some analysts assigning more weight to earnings growth potential and others placing greater emphasis on execution risks and return expectations.

SIGI: Future Returns Will Depend On Executing Profit Margins At Stable P/E

Analysts have adjusted their views on Selective Insurance Group with a net $7 shift in price targets, reflecting updated assessments of the company that combine recent upward and downward revisions into a new consensus view for investors to consider. Analyst Commentary Recent research updates reflect a mixed view on Selective Insurance Group, with one firm lifting its price target by $7 and another trimming its target to $81 from $82 while maintaining a neutral rating.

SIGI: Future Returns Will Depend On Profit Margins And P/E Discipline

Analysts have adjusted their price target on Selective Insurance Group slightly higher to reflect updated views on fair value, with recent research highlighting mixed target revisions that hinge on refined profit margin and forward P/E assumptions. Analyst Commentary Recent research on Selective Insurance Group reflects a mix of cautious and more constructive views, with price targets adjusted around updated expectations for profit margins and forward P/E.

SIGI: Future Returns Will Depend On P And C Cycle And P/E Expectations

Analysts have nudged their price target for Selective Insurance Group higher by about $2 to reflect updated assumptions around fair value, profitability, and forward P/E expectations, supported by recent research that includes both upward and downward revisions to individual targets. Analyst Commentary Bullish Takeaways Bullish analysts lifting their price targets point to assumptions that current P/E levels can support a somewhat higher fair value, suggesting they see room for the shares to better reflect underlying profitability.

SIGI: Future Returns Will Hinge On Softening P And C Cycle

Analysts have raised their price target on Selective Insurance Group to about US$85.83 from US$81.50. This reflects updated views on earnings power that balance slightly lower revenue growth and profit margin assumptions with a higher expected future P/E multiple.

SIGI: Future Performance Will Depend On Commercial Auto Reserve Stabilization

The analyst price target for Selective Insurance Group has been revised downward to $81.50. This change is driven by analysts citing ongoing concerns about higher commercial auto reserve risks and slower premium growth following recent earnings updates.

Commercial Auto Reserve Risks And Buybacks Will Shape Performance Ahead

Analysts have lowered their price target for Selective Insurance Group from approximately $83.33 to $81.50. They cite concerns about weaker revenue growth, softer profit margins, and increased reserve risks in the commercial auto segment.

Investors Continue Waiting On Sidelines For Selective Insurance Group, Inc. (NASDAQ:SIGI)

Sep 23
Investors Continue Waiting On Sidelines For Selective Insurance Group, Inc. (NASDAQ:SIGI)

Digital Tools And Operational Efficiency Will Expand Insurance Markets

Selective Insurance Group’s shares faced pressure from weaker earnings, a $45M reserve charge, and increased combined ratio guidance, prompting analysts to reassess valuation and maintain the consensus price target at $83.33 due to unresolved concerns about reserve adequacy. Analyst Commentary Weaker-than-expected earnings report pressured shares.

Earnings Miss: Selective Insurance Group, Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Jul 28
Earnings Miss: Selective Insurance Group, Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

The Price Is Right For Selective Insurance Group, Inc. (NASDAQ:SIGI)

May 23
The Price Is Right For Selective Insurance Group, Inc. (NASDAQ:SIGI)

Selective Insurance: Leaving 2024 Behind And Seizing 2025

Feb 24

Balancing Growth And Headwinds: Selective Insurance Group's Review

Oct 30
User avatar

Disciplined Underwriting And Tech Investments Set To Propel Profitability And Growth

Investments in technology in the Excess and Surplus segment are set to enhance operational efficiency and scale, targeting top-line growth and profitability.

Selective Insurance: Time To Be Selective

May 09

Earnings and Revenue Growth Forecasts

NasdaqGS:SIGI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20285,742N/AN/AN/A1
12/31/20275,642539N/AN/A6
12/31/20265,478471N/AN/A6
3/31/20265,4114451,1341,170N/A
12/31/20255,3374571,1941,233N/A
9/30/20255,2283981,1531,189N/A
6/30/20255,1133741,1331,170N/A
3/31/20254,9822251,2321,270N/A
12/31/20244,8621981,0691,100N/A
9/30/20244,7162279731,004N/A
6/30/20244,553224819846N/A
3/31/20244,397346714737N/A
12/31/20234,232356736759N/A
9/30/20234,074318820839N/A
6/30/20233,888271831853N/A
3/31/20233,712252822845N/A
12/31/20223,558216776802N/A
9/30/20223,476228685714N/A
6/30/20223,446259696722N/A
3/31/20223,421342709734N/A
12/31/20213,379394749771N/A
9/30/20213,308425697716N/A
6/30/20213,219423630649N/A
3/31/20213,061338627645N/A
12/31/20202,922246532554N/A
9/30/20202,853201518542N/A
6/30/20202,787187483510N/A
3/31/20202,812226439470N/A
12/31/20192,846272N/A477N/A
9/30/20192,761236N/A479N/A
6/30/20192,715235N/A528N/A
3/31/20192,658221N/A509N/A
12/31/20182,586179N/A455N/A
9/30/20182,577163N/A382N/A
6/30/20182,534155N/A376N/A
3/31/20182,496137N/A347N/A
12/31/20172,470169N/A380N/A
9/30/20172,419178N/A415N/A
6/30/20172,379170N/A338N/A
3/31/20172,333172N/A313N/A
12/31/20162,284158N/A330N/A
9/30/20162,247165N/A300N/A
6/30/20162,206173N/A275N/A
3/31/20162,159163N/A335N/A
12/31/20152,132166N/A382N/A
9/30/20152,082162N/A334N/A
6/30/20152,057168N/A326N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIGI's forecast earnings growth (11.2% per year) is above the savings rate (3.4%).

Earnings vs Market: SIGI's earnings (11.2% per year) are forecast to grow slower than the US market (16% per year).

High Growth Earnings: SIGI's earnings are forecast to grow, but not significantly.

Revenue vs Market: SIGI's revenue (2.3% per year) is forecast to grow slower than the US market (11.2% per year).

High Growth Revenue: SIGI's revenue (2.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SIGI's Return on Equity is forecast to be low in 3 years time (13.6%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 17:26
End of Day Share Price 2026/05/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Selective Insurance Group, Inc. is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael ZaremskiBMO Capital Markets Equity Research
Grace CarterBofA Global Research
Robert FarnamBrean Capital Historical (Janney Montgomery)