SIGI

Selective Insurance Group Inc

Add to Watchlist

Advanced Chart

77.600

-0.55(-0.704%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

78.450

Open

78.310

VWAP

77.74

Vol

407.95K

Mkt Cap

4.72B

Low

77.400

Amount

31.71M

EV/EBITDA(TTM)

10.65

Total Shares

60.79M

5.86B

EV/OCF(TTM)

5.00

P/S(TTM)

0.94

Selective Insurance Group, Inc. is a holding company, which owns over 10 property and casualty insurance subsidiaries that sell products and services only in the United States. The Company's segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment includes property and casualty insurance products and services to commercial enterprises, typically businesses, non-profit organizations, and local government agencies. The Standard Personal Lines segment consists of property and casualty insurance products and services, including flood insurance coverage sold through the Write Your Own program of the National Flood Insurance Program. The E&S Lines segment consists of property and casualty insurance products and services to commercial customers unable to obtain coverage in the standard marketplace. The Investment segment invests insurance premiums and amounts generated through its capital management strategies.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

1.35B

+8.14%

1.637

+16.94%

1.37B

+8.89%

2.249

+38.8%

1.40B

+8.7%

2.042

+16%

Estimates Revision

The market is revising Upward the revenue expectations for Selective Insurance Group, Inc. (SIGI) for FY2025, with the revenue forecasts being adjusted by 0.24% over the past three months. During the same period, the stock price has changed by -14.00%.

Revenue Estimates for FY2025

Revise Upward

+0.24%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.03%

In Past 3 Month

Stock Price

Go Down

-14.00%

In Past 3 Month

5 Analyst Rating

6.44% Upside

Wall Street analysts forecast SIGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SIGI is 82.60 USD with a low forecast of 72.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

2 Hold

1 Sell

Hold

6.44% Upside

Current: 77.600

Low

72.00

Averages

82.60

High

90.00

6.44% Upside

Current: 77.600

Low

72.00

Averages

82.60

High

90.00

Morgan Stanley

Equal Weight -> Underweight

downgrade

$86 -> $72

2025-08-05

Reason

Morgan Stanley

Price Target

$86 -> $72

2025-08-05

downgrade

Equal Weight -> Underweight

Reason

Morgan Stanley downgraded Selective Insurance to Underweight from Equal Weight with a price target of $72, down from $86. The firm says the company is "entering a challenging cycle" with uncertainties around reserving and underwriting. The need for changes in Selective's Commercial segment and increased competition in its commercial property and personal auto underwriting should pressure the shares, the analyst tells investors in a research note. As such, Morgan Stanley expects the stock at a discount to peers.

BMO Capital

Michael Zaremski

Outperform

NULL

downgrade

$96 -> $88

2025-08-05

Reason

BMO Capital

Michael Zaremski

Price Target

$96 -> $88

2025-08-05

downgrade

Outperform

NULL

Reason

BMO Capital analyst Michael Zaremski lowered the firm's price target on Selective Insurance to $88 from $96 and keeps an Outperform rating on the shares after its Q2 earnings miss. Investors are voting that they're not confident that Selective Insurance will stop exhibiting reserve additions on business written in the past, the analyst tells investors in a research note. BMO adds however that it continues to estimate that the company's reserves look better than in the recent past.

Keefe Bruyette

Market Perform

downgrade

$92 -> $84

2025-07-28

Reason

Keefe Bruyette

Price Target

$92 -> $84

2025-07-28

downgrade

Market Perform

Reason

Keefe Bruyette lowered the firm's price target on Selective Insurance to $84 from $92 and keeps a Market Perform rating on the shares.

Morgan Stanley

Equal Weight

maintain

$90 -> $86

2025-07-25

Reason

Morgan Stanley

Price Target

$90 -> $86

2025-07-25

maintain

Equal Weight

Reason

Morgan Stanley lowered the firm's price target on Selective Insurance to $86 from $90 and keeps an Equal Weight rating on the shares. With the stock down over 15% on the day after earnings due to weaker earnings, another $45M reserve charge, and increased combined ratio guidance, investors asked if weaknesses are now largely reflected in shares, notes the analyst, who views reserving as "one item still outstanding."

Oppenheimer

Outperform

downgrade

$105 -> $90

2025-07-25

Reason

Oppenheimer

Price Target

$105 -> $90

2025-07-25

downgrade

Outperform

Reason

Oppenheimer lowered the firm's price target on Selective Insurance to $90 from $105 and keeps an Outperform rating on the shares following Q2 release. While the firm understands some investor sentiment - that calls into question management credibility and pricing/reserving prowess - it thinks Thursday's stock move is an overreaction, serving as an attractive entry point for a stock that has a proven long-term outperformance track record.

Morgan Stanley

Equal Weight

maintain

$85 -> $90

2025-05-19

Reason

Morgan Stanley

Price Target

$85 -> $90

2025-05-19

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Selective Insurance to $90 from $85 and keeps an Equal Weight rating on the shares. The firm is updating its price targets on stocks under its coverage in the P&C Insurance sector, the analyst tells investors. Results were somewhat mixed depending on the segments, but the firm sees further growth and margin expansion in personal lines, which should be durable in 2025. Heading into 2025, the firm expects broader P&C trend to remain steady, with personal lines and brokers leading on the earnings growth front.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Selective Insurance Group Inc (SIGI.O) is 9.92, compared to its 5-year average forward P/E of 14.59. For a more detailed relative valuation and DCF analysis to assess Selective Insurance Group Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

14.59

Current PE

9.92

Overvalued PE

17.84

Undervalued PE

11.34

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Undervalued

5Y Average PS

1.25

Current PS

0.86

Overvalued PS

1.40

Undervalued PS

1.10