NASDAQ: SIGI
Selective Insurance Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for SIGI

Based on 6 analysts offering 12 month price targets for Selective Insurance Group Inc

Min Forecast
$85.00-13.91%
Avg Forecast
$99.17+0.44%
Max Forecast
$105.00+6.35%

Should I buy or sell SIGI stock?

Based on 6 analysts offering ratings for Selective Insurance Group Inc.

Hold
Strong Buy
0 analysts 0%
Buy
2 analysts 33.33%
Hold
3 analysts 50%
Sell
1 analysts 16.67%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Hold" rating. Learn More

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SIGI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-12-05
lockedlocked$00.00+00.00%2024-10-30
lockedlocked$00.00+00.00%2024-10-23
lockedlocked$00.00+00.00%2024-10-22
lockedlocked$00.00+00.00%2024-07-22
Piper Sandler
Top 5%
96
HoldMaintains$85.00-13.91%2024-07-22

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Forecast return on equity

Is SIGI forecast to generate an efficient return?

Company
16.83%
Industry
21.91%
Market
325.1%
SIGI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SIGI forecast to generate an efficient return on assets?

Company
3.96%
Industry
5.16%
SIGI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SIGI earnings per share forecast

What is SIGI's earnings per share in the next 3 years based on estimates from 5 analysts?

Avg 1 year Forecast
$3.62-3.16%
Avg 2 year Forecast
$7.85+109.79%
Avg 3 year Forecast
$8.77+134.49%
SIGI's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SIGI revenue forecast

What is SIGI's revenue in the next 3 years based on estimates from 5 analysts?

Avg 1 year Forecast
$4.9B+3.44%
Avg 2 year Forecast
$5.4B+13.75%
Avg 3 year Forecast
$5.8B+22.54%
SIGI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SIGI earnings growth forecast

How is SIGI forecast to perform vs Insurance - Property & Casualty companies and vs the US market?

Company
34.3%
Industry
-1.67%
Market
19.94%
SIGI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SIGI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SIGI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SIGI revenue growth forecast

How is SIGI forecast to perform vs Insurance - Property & Casualty companies and vs the US market?

Company
6.42%
Industry
5.24%
Market
7.54%
SIGI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SIGI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SIGI vs Property & Casualty Insurance Stocks

TickerPricePrice TargetUp/downsideConsensus
SIGI$98.73$99.17+0.44%Hold
THG$160.92$173.29+7.68%Buy
WTM$1,987.86N/AN/A
KMPR$70.64$77.75+10.07%Strong Buy
MCY$76.25N/AN/A

Selective Insurance Group Stock Forecast FAQ

Is Selective Insurance Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SIGI) stock is to Hold SIGI stock.

Out of 6 analysts, 0 (0%) are recommending SIGI as a Strong Buy, 2 (33.33%) are recommending SIGI as a Buy, 3 (50%) are recommending SIGI as a Hold, 1 (16.67%) are recommending SIGI as a Sell, and 0 (0%) are recommending SIGI as a Strong Sell.

If you're new to stock investing, here's how to buy Selective Insurance Group stock.

What is SIGI's earnings growth forecast for 2024-2026?

(NASDAQ: SIGI) Selective Insurance Group's forecast annual earnings growth rate of 34.3% is forecast to beat the US Insurance - Property & Casualty industry's average forecast earnings growth rate of -1.67%, and it is also forecast to beat the US market's average forecast earnings growth rate of 19.94%.

Selective Insurance Group's earnings in 2024 is $227,125,000.On average, 5 Wall Street analysts forecast SIGI's earnings for 2024 to be $220,195,930, with the lowest SIGI earnings forecast at $209,739,359, and the highest SIGI earnings forecast at $227,369,624. On average, 5 Wall Street analysts forecast SIGI's earnings for 2025 to be $476,989,857, with the lowest SIGI earnings forecast at $455,955,128, and the highest SIGI earnings forecast at $494,863,298.

In 2026, SIGI is forecast to generate $533,163,529 in earnings, with the lowest earnings forecast at $525,260,307 and the highest earnings forecast at $539,850,871.

What is SIGI's revenue growth forecast for 2024-2026?

(NASDAQ: SIGI) Selective Insurance Group's forecast annual revenue growth rate of 6.42% is forecast to beat the US Insurance - Property & Casualty industry's average forecast revenue growth rate of 5.24%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.54%.

Selective Insurance Group's revenue in 2024 is $4,715,951,000.On average, 5 Wall Street analysts forecast SIGI's revenue for 2024 to be $296,560,814,178, with the lowest SIGI revenue forecast at $296,065,646,910, and the highest SIGI revenue forecast at $297,458,924,191. On average, 5 Wall Street analysts forecast SIGI's revenue for 2025 to be $326,124,883,851, with the lowest SIGI revenue forecast at $321,043,659,116, and the highest SIGI revenue forecast at $331,673,918,547.

In 2026, SIGI is forecast to generate $351,331,907,120 in revenue, with the lowest revenue forecast at $342,347,159,347 and the highest revenue forecast at $362,405,294,140.

What is SIGI's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: SIGI) forecast ROA is 3.96%, which is lower than the forecast US Insurance - Property & Casualty industry average of 5.16%.

What is SIGI's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SIGI price target, the average SIGI price target is $99.17, with the highest SIGI stock price forecast at $105.00 and the lowest SIGI stock price forecast at $85.00.

On average, Wall Street analysts predict that Selective Insurance Group's share price could reach $99.17 by Dec 5, 2025. The average Selective Insurance Group stock price prediction forecasts a potential upside of 0.44% from the current SIGI share price of $98.73.

What is SIGI's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: SIGI) Selective Insurance Group's current Earnings Per Share (EPS) is $3.74. On average, analysts forecast that SIGI's EPS will be $3.62 for 2024, with the lowest EPS forecast at $3.45, and the highest EPS forecast at $3.74. On average, analysts forecast that SIGI's EPS will be $7.85 for 2025, with the lowest EPS forecast at $7.50, and the highest EPS forecast at $8.14. In 2026, SIGI's EPS is forecast to hit $8.77 (min: $8.64, max: $8.88).

What is SIGI's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: SIGI) forecast ROE is 16.83%, which is considered weak.
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