Should I Buy SIGI? SIGI 2026 Analysis

Should You Buy Selective Insurance Group Inc (SIGI) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

84.080

1 Day change

3.33%

52 Week Range

93.380

Analysis Updated At

2026/01/26

Selective Insurance Group Inc (SIGI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown strong financial growth in the latest quarter, the technical indicators are neutral to bearish, and the stock lacks strong positive catalysts or trading signals. Additionally, analyst ratings are mixed, with limited upside potential based on price targets. Given the user's preference for long-term investment, it is better to hold off on buying until clearer positive trends emerge.

Technical Analysis

The MACD histogram is negative (-0.502) and expanding, indicating bearish momentum. RSI is neutral at 29.773, and moving averages are converging, showing no clear trend. The stock is trading near its support level (S1: 79.331) but below the pivot point (82.332), suggesting limited immediate upside.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Hedge funds have significantly increased their buying activity by 110.25% over the last quarter. The company's Q3 financials show strong YoY growth in revenue (+8.89%), net income (+25.63%), and EPS (+25.85%).

Neutral/Negative Catalysts

No recent news or significant insider trading activity. Analyst ratings are mixed, with some firms highlighting potential headwinds such as reserve issues in the commercial auto segment and a softening P&C insurance cycle. The MACD and other technical indicators suggest bearish momentum.

Financial Performance

In Q3 2025, the company reported revenue growth of 8.89% YoY to $1.35B, net income growth of 25.63% YoY to $113M, and EPS growth of 25.85% YoY to 1.85. This indicates strong financial performance in the latest quarter.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analyst ratings are mixed. RBC Capital has an Outperform rating with a $95 price target, citing strong ROE and book value growth. However, BMO Capital downgraded the stock to Market Perform with an $81 price target, citing reserve issues in the commercial auto segment. Other analysts have neutral ratings with price targets ranging from $72 to $81, reflecting limited upside potential.

5 Analyst Rating

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 81.6 USD with a low forecast of 72 USD and a high forecast of 95 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.

1 Buy

3 Hold

1 Sell

Hold

Current: 81.370

Low

Averages

81.6

High

Current: 81.370

Low

Averages

81.6

High

Keefe Bruyette

Meyer Shields

Market Perform

downgrade

$82 -> $81

AI Analysis

2026-01-06

Reason

Keefe Bruyette

Meyer Shields

Price Target

$82 -> $81

AI Analysis

2026-01-06

downgrade

Market Perform

Reason

Keefe Bruyette analyst Meyer Shields lowered the firm's price target on Selective Insurance to $81 from $82 and keeps a Market Perform rating on the shares.

Piper Sandler

Neutral

maintain

$76 -> $79

2025-12-22

Reason

Piper Sandler

Price Target

$76 -> $79

2025-12-22

maintain

Neutral

Reason

Piper Sandler raised the firm's price target on Selective Insurance to $79 from $76 and keeps a Neutral rating on the shares. Discussing the sector, the firm believes fourth quarter results will be generally mixed. Piper expects favorable weather will mean that most insurers should have strong or even stronger-than-expected results, but pricing commentary will likely be more pessimistic. A key sign will be if insurance companies continue to believe they are getting rate in excess of claims inflation, it adds.

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SIGI Should I Buy

SIGI Should I Buy

Should You Buy Selective Insurance Group Inc (SIGI) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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