Selective Insurance Group (SIGI) Stock Forecast, Price Target & Predictions
SIGI Stock Forecast
Selective Insurance Group stock forecast is as follows: an average price target of $92.20 (represents a 3.29% upside from SIGI’s last price of $89.26) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
SIGI Price Target
The average price target for Selective Insurance Group (SIGI) is $92.20 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $96.00 to $85.00. This represents a potential 3.29% upside from SIGI's last price of $89.26.
SIGI Analyst Ratings
According to 4 Wall Street analysts, Selective Insurance Group's rating consensus is 'Hold'. The analyst rating breakdown for SIGI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Selective Insurance Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 06, 2024 | Grace Carter | Bank of America Securities | $89.00 | $85.11 | 4.57% | -0.29% |
| Jul 24, 2024 | Michael Zaremski | BMO Capital | $95.00 | $86.69 | 9.59% | 6.43% |
| Jul 22, 2024 | Paul Newsome | Piper Sandler | $85.00 | $83.93 | 1.27% | -4.77% |
| Jul 22, 2024 | Mark Dwelle | RBC Capital | $96.00 | $82.08 | 16.96% | 7.55% |
| May 03, 2024 | Mark Dwelle | RBC Capital | $103.00 | $95.77 | 7.55% | 15.39% |
| Nov 11, 2022 | - | Janney Montgomery | $96.00 | $93.06 | 3.16% | 7.55% |
The latest Selective Insurance Group stock forecast, released on Aug 06, 2024 by Grace Carter from Bank of America Securities, set a price target of $89.00, which represents a 4.57% increase from the stock price at the time of the forecast ($85.11), and a -0.29% decrease from SIGI last price ($89.26).
Selective Insurance Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 5 |
| Avg Price Target | - | $91.25 | $93.60 |
| Last Closing Price | $89.26 | $89.26 | $89.26 |
| Upside/Downside | -100.00% | 2.23% | 4.86% |
In the current month, the average price target of Selective Insurance Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Selective Insurance Group's last price of $89.26. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 24, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 22, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jul 22, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 22, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| May 03, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 15, 2024 | RBC Capital | Market Perform | Market Perform | Hold |
| May 16, 2023 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Nov 11, 2022 | Janney Montgomery | - | Neutral | Initialise |
Selective Insurance Group's last stock rating was published by BMO Capital on Jul 24, 2024. The company gave SIGI a "Market Perform" rating, the same as its previous rate.
Selective Insurance Group Financial Forecast
Selective Insurance Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.08B | $1.04B | $999.70M | $952.10M | $895.00M | - | $846.06M | $884.69M | $865.04M | $840.52M | $803.91M | $798.43M | $776.57M | $682.45M | $664.83M | $728.90M | $710.42M |
| Avg Forecast | $1.22B | $1.32B | $1.40B | $1.32B | $1.18B | $1.26B | $1.33B | $1.25B | $1.09B | $1.17B | $1.22B | $1.11B | $960.63M | $1.01B | $1.03B | $975.28M | $817.40M | $892.12M | $915.27M | $877.53M | $753.20M | $787.27M | $782.93M | $709.59M | $661.83M | $689.98M | $696.04M | $701.39M | $611.85M | $689.33M |
| High Forecast | $1.24B | $1.35B | $1.42B | $1.34B | $1.20B | $1.28B | $1.35B | $1.27B | $1.11B | $1.19B | $1.24B | $1.13B | $969.28M | $1.02B | $1.05B | $991.92M | $831.34M | $907.34M | $915.27M | $890.92M | $764.69M | $799.28M | $794.87M | $720.41M | $671.93M | $700.50M | $706.65M | $712.09M | $621.18M | $699.84M |
| Low Forecast | $1.20B | $1.30B | $1.37B | $1.29B | $1.15B | $1.24B | $1.30B | $1.23B | $1.07B | $1.15B | $1.20B | $1.09B | $942.83M | $1.00B | $1.01B | $957.20M | $802.25M | $875.59M | $915.27M | $859.64M | $737.85M | $771.22M | $766.97M | $695.13M | $648.34M | $675.91M | $681.85M | $687.09M | $599.38M | $675.28M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.01% | 1.03% | 1.16% | 1.00% | - | 0.96% | 1.17% | 1.10% | 1.07% | 1.13% | 1.21% | 1.13% | 0.98% | 0.95% | 1.19% | 1.03% |
Selective Insurance Group's average Quarter revenue forecast for Dec 23 based on 4 analysts is $960.63M, with a low forecast of $942.83M, and a high forecast of $969.28M. SIGI's average Quarter revenue forecast represents a -11.14% decrease compared to the company's last Quarter revenue of $1.08B (Sep 23).
Selective Insurance Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $112.52M | $74.16M | $121.92M | $116.09M | $69.87M | - | $89.86M | $145.44M | $113.13M | $174.31M | $156.69M | $181.49M | $107.84M | $64.84M | $39.01M | $121.53M | $92.59M |
| Avg Forecast | $166.26M | $179.77M | $189.90M | $178.99M | $159.76M | $171.64M | $180.37M | $169.99M | $148.38M | $159.43M | $165.90M | $83.82M | $130.56M | $137.53M | $140.48M | $76.20M | $111.09M | $103.50M | $260.19M | $69.28M | $129.97M | $94.09M | $111.51M | $62.98M | $93.16M | $104.70M | $57.64M | $45.90M | $90.31M | $100.46M |
| High Forecast | $169.10M | $182.84M | $193.14M | $182.04M | $162.49M | $174.57M | $183.44M | $172.89M | $150.91M | $162.00M | $168.73M | $100.59M | $131.73M | $138.73M | $142.88M | $91.45M | $112.98M | $124.20M | $260.19M | $83.13M | $155.97M | $112.91M | $133.81M | $75.57M | $111.79M | $125.64M | $69.16M | $55.08M | $108.37M | $120.55M |
| Low Forecast | $163.18M | $176.44M | $186.38M | $175.67M | $156.80M | $168.46M | $177.02M | $166.84M | $145.63M | $156.48M | $162.82M | $67.06M | $128.14M | $136.35M | $137.88M | $60.96M | $109.03M | $82.80M | $260.19M | $55.42M | $103.98M | $75.27M | $89.21M | $50.38M | $74.53M | $83.76M | $46.11M | $36.72M | $72.25M | $80.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.53% | 1.60% | 1.04% | 0.68% | - | 1.30% | 1.12% | 1.20% | 1.56% | 2.49% | 1.95% | 1.03% | 1.13% | 0.85% | 1.35% | 0.92% |
4 analysts predict SIGI's average Quarter EBITDA for Dec 23 to be $130.56M, with a high of $131.73M and a low of $128.14M. This is 16.03% upper than Selective Insurance Group's previous annual EBITDA (Sep 23) of $112.52M.
Selective Insurance Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $89.21M | $58.61M | $92.60M | $86.50M | $42.50M | - | $56.33M | $98.98M | $73.70M | $121.88M | $109.27M | $127.06M | $69.88M | $34.18M | $15.24M | $81.86M | $56.15M |
| Avg Forecast | $164.73M | $125.45M | $113.88M | $136.42M | $141.39M | $116.73M | $105.79M | $115.19M | $121.57M | $101.05M | $90.80M | $58.46M | $118.14M | $96.51M | $60.29M | $53.14M | $88.41M | $67.43M | $75.47M | $48.31M | $88.45M | $61.30M | $77.97M | $43.92M | $65.22M | $67.84M | $30.38M | $17.92M | $60.83M | $60.92M |
| High Forecast | $168.39M | $128.24M | $116.41M | $139.44M | $144.53M | $119.31M | $108.14M | $117.74M | $124.27M | $108.91M | $92.81M | $70.15M | $120.60M | $106.83M | $61.63M | $63.77M | $90.38M | $80.91M | $75.47M | $57.97M | $106.14M | $73.56M | $93.56M | $52.70M | $78.27M | $81.41M | $36.46M | $21.51M | $73.00M | $73.10M |
| Low Forecast | $160.77M | $122.43M | $111.14M | $133.13M | $137.98M | $113.91M | $103.24M | $112.41M | $118.64M | $95.60M | $88.61M | $46.76M | $116.29M | $88.02M | $58.84M | $42.51M | $86.28M | $53.94M | $75.47M | $38.65M | $70.76M | $49.04M | $62.38M | $35.13M | $52.18M | $54.27M | $24.31M | $14.34M | $48.66M | $48.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.97% | 1.74% | 0.98% | 0.63% | - | 1.17% | 1.12% | 1.20% | 1.56% | 2.49% | 1.95% | 1.03% | 1.13% | 0.85% | 1.35% | 0.92% |
Selective Insurance Group's average Quarter net income forecast for Dec 23 is $118.14M, with a range of $116.29M to $120.60M. SIGI's average Quarter net income forecast represents a 32.43% increase compared to the company's last Quarter net income of $89.21M (Sep 23).
Selective Insurance Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.10M | $6.70M | $5.50M | - | $11.02M | $5.37M | $4.27M | $9.11M | $9.55M | $6.10M | $3.90M | $6.34M | $9.06M | $2.56M | $6.37M |
| Avg Forecast | $11.92M | $12.89M | $13.62M | $12.84M | $11.46M | $12.31M | $12.93M | $12.19M | $10.64M | $11.43M | $11.90M | $5.11M | $9.36M | $9.86M | $10.07M | $4.65M | $7.97M | $3.91M | $149.82B | $4.22M | $4.80M | $3.55M | $5.83M | $3.84M | $3.13M | $3.79M | $5.64M | $10.66M | $1.90M | $6.91M |
| High Forecast | $12.13M | $13.11M | $13.85M | $13.05M | $11.65M | $12.52M | $13.16M | $12.40M | $10.82M | $11.62M | $12.10M | $6.13M | $9.45M | $9.95M | $10.25M | $5.58M | $8.10M | $4.69M | $149.82B | $5.07M | $5.76M | $4.26M | $6.99M | $4.61M | $3.76M | $4.55M | $6.77M | $12.79M | $2.28M | $8.29M |
| Low Forecast | $11.70M | $12.65M | $13.37M | $12.60M | $11.25M | $12.08M | $12.70M | $11.97M | $10.44M | $11.22M | $11.68M | $4.09M | $9.19M | $9.78M | $9.89M | $3.72M | $7.82M | $3.13M | $149.82B | $3.38M | $3.84M | $2.84M | $4.66M | $3.07M | $2.51M | $3.03M | $4.51M | $8.53M | $1.52M | $5.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.60% | 0.84% | 1.41% | - | 2.61% | 1.12% | 1.20% | 1.56% | 2.49% | 1.95% | 1.03% | 1.13% | 0.85% | 1.35% | 0.92% |
Selective Insurance Group's average Quarter SG&A projection for Jun 23 is $10.07M, based on 2 Wall Street analysts, with a range of $9.89M to $10.25M. The forecast indicates a -16.74% fall compared to SIGI last annual SG&A of $12.10M (Mar 23).
Selective Insurance Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.43 | $0.93 | $1.49 | $1.40 | $0.67 | - | $0.89 | $1.64 | $1.19 | $1.99 | $1.78 | $2.12 | $1.17 | $0.57 | $0.25 | $1.38 | $0.95 |
| Avg Forecast | $2.71 | $2.06 | $1.87 | $2.24 | $2.32 | $1.92 | $1.74 | $1.89 | $2.00 | $1.66 | $1.49 | $1.86 | $1.94 | $1.58 | $0.99 | $1.57 | $1.45 | $1.17 | $1.23 | $1.47 | $1.41 | $1.01 | $1.25 | $1.04 | $1.19 | $0.95 | $0.36 | $1.01 | $1.11 | $1.06 |
| High Forecast | $2.76 | $2.11 | $1.91 | $2.29 | $2.37 | $1.96 | $1.78 | $1.93 | $2.04 | $1.79 | $1.52 | $1.90 | $1.98 | $1.75 | $1.01 | $1.61 | $1.48 | $1.20 | $1.23 | $1.50 | $1.44 | $1.03 | $1.28 | $1.06 | $1.21 | $0.97 | $0.37 | $1.03 | $1.13 | $1.08 |
| Low Forecast | $2.64 | $2.01 | $1.82 | $2.19 | $2.27 | $1.87 | $1.70 | $1.85 | $1.95 | $1.57 | $1.46 | $1.81 | $1.91 | $1.45 | $0.97 | $1.54 | $1.42 | $1.14 | $1.23 | $1.43 | $1.38 | $0.98 | $1.22 | $1.01 | $1.16 | $0.92 | $0.35 | $0.98 | $1.08 | $1.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.94% | 0.95% | 0.96% | 0.57% | - | 0.61% | 1.16% | 1.18% | 1.59% | 1.71% | 1.78% | 1.23% | 1.58% | 0.25% | 1.25% | 0.89% |
According to 4 Wall Street analysts, Selective Insurance Group's projected average Quarter EPS for Dec 23 is $1.94, with a low estimate of $1.91 and a high estimate of $1.98. This represents a 35.65% increase compared to SIGI previous annual EPS of $1.43 (Sep 23).
Selective Insurance Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ARGO | Argo Group | $29.99 | $45.25 | 50.88% | Hold |
| PRA | ProAssurance | $13.02 | $18.50 | 42.09% | Buy |
| KMPR | Kemper | $60.73 | $71.00 | 16.91% | Buy |
| HMN | Horace Mann Educators | $34.92 | $38.50 | 10.25% | Strong Buy |
| SIGI | Selective Insurance Group | $89.23 | $92.20 | 3.33% | Hold |
| CNA | CNA Financial | $51.10 | $45.00 | -11.94% | Buy |
SIGI Forecast FAQ
Is Selective Insurance Group a good buy?
No, according to 4 Wall Street analysts, Selective Insurance Group (SIGI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of SIGI's total ratings.
What is SIGI's price target?
Selective Insurance Group (SIGI) average price target is $92.2 with a range of $85 to $96, implying a 3.29% from its last price of $89.26. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Selective Insurance Group stock go up soon?
According to Wall Street analysts' prediction for SIGI stock, the company can go up by 3.29% (from the last price of $89.26 to the average price target of $92.2), up by 7.55% based on the highest stock price target, and down by -4.77% based on the lowest stock price target.
Can Selective Insurance Group stock reach $130?
SIGI's average twelve months analyst stock price target of $92.2 does not support the claim that Selective Insurance Group can reach $130 in the near future.
What are Selective Insurance Group's analysts' financial forecasts?
Selective Insurance Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $5.02B (high $5.1B, low $4.92B), average EBITDA is $681.77M (high $693.4M, low $669.13M), average net income is $479.09M (high $489.72M, low $467.55M), average SG&A $48.89M (high $49.73M, low $47.99M), and average EPS is $7.87 (high $8.04, low $7.68). SIGI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.26B (high $5.35B, low $5.16B), average EBITDA is $714.92M (high $727.12M, low $701.67M), average net income is $540.49M (high $552.47M, low $527.47M), average SG&A $51.27M (high $52.15M, low $50.32M), and average EPS is $8.88 (high $9.07, low $8.66).
Did the SIGI's actual financial results beat the analysts' financial forecasts?
Based on Selective Insurance Group's last annual report (Dec 2023), the company's revenue was $101.17M, which missed the average analysts forecast of $3.98B by -97.46%. Apple's EBITDA was $40.66M, missing the average prediction of $484.78M by -91.61%. The company's net income was $365.24M, beating the average estimation of $328.08M by 11.32%. Apple's SG&A was $0, missing the average forecast of $33.95M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $6.09 by -100.00%. In terms of the last quarterly report (Sep 2023), Selective Insurance Group's revenue was $1.08B, beating the average analysts' forecast of $1.01B by 6.83%. The company's EBITDA was $112.52M, missing the average prediction of $137.53M by -18.19%. Selective Insurance Group's net income was $89.21M, missing the average estimation of $96.51M by -7.57%. The company's SG&A was $0, missing the average forecast of $9.86M by -100.00%. Lastly, the company's EPS was $1.43, missing the average prediction of $1.58 by -9.77%