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

OverviewForecast
EarningsDividendOwnership

Analyst price target for SIGI

Based on 5 analysts offering 12 month price targets for Selective Insurance Group Inc.
Min Forecast
$93.00-11.76%
Avg Forecast
$102.80-2.47%
Max Forecast
$110.00+4.36%

Should I buy or sell SIGI stock?

Based on 5 analysts offering ratings for Selective Insurance Group Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
4 analysts 80%
Sell
1 analysts 20%
Strong Sell
0 analysts 0%

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SIGI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 2%
99
HoldMaintains$105.00-0.38%2023-08-04
Piper Sandler
Top 15%
86
HoldMaintains$110.00+4.36%2023-07-25
Bank of America
Top 48%
53
SellMaintains$100.00-5.12%2023-07-25
BMO Capital
Top 23%
78
HoldMaintains$93.00-11.76%2023-06-14
Keefe, Bruyette & Woods
Top 11%
90
HoldMaintains$106.00+0.57%2023-05-16

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Forecast return on equity

Is SIGI forecast to generate an efficient return?
Company
17.28%
Industry
19.71%
Market
48.71%
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
4.11%
Industry
4.08%
SIGI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SIGI earnings growth forecast

How is SIGI forecast to perform vs Insurance - Property & Casualty companies and vs the US market?
Company
45.54%
Industry
41.13%
Market
66.31%
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
2.66%
Industry
1.32%
Market
11.89%
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$105.40$102.80-2.47%Hold
RLI$138.03$156.00+13.02%Buy
THG$111.46$140.75+26.28%Buy
WTM$1,524.14N/AN/A
AFG$111.69$135.00+20.87%Buy
View Top Property & Casualty Insurance Stocks

Selective Insurance Group Stock Forecast FAQ

Is Selective Insurance Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: SIGI) stock is to Hold SIGI stock.

Out of 5 analysts, 0 (0%) are recommending SIGI as a Strong Buy, 0 (0%) are recommending SIGI as a Buy, 4 (80%) are recommending SIGI as a Hold, 1 (20%) 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 forecast return on equity (ROE) for 2023-2024?

(NASDAQ: SIGI) forecast ROE is 17.28%, which is considered weak.

What is SIGI's Price Target?

According to 5 Wall Street analysts that have issued a 1 year SIGI price target, the average SIGI price target is $102.80, with the highest SIGI stock price forecast at $110.00 and the lowest SIGI stock price forecast at $93.00.

On average, Wall Street analysts predict that Selective Insurance Group's share price could fall to $102.80 by Aug 4, 2024. The average Selective Insurance Group stock price prediction forecasts a potential downside of 2.47% from the current SIGI share price of $105.40.

What is SIGI's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: SIGI) forecast ROA is 4.11%, which is higher than the forecast US Insurance - Property & Casualty industry average of 4.08%.
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