
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Group Inc. is positioned for a positive outlook due to expected improvements in its core loss ratios, largely driven by significant rate increases in its personal lines segment, which accounted for the majority of the company's revenue. The company has demonstrated a track record of conservative reserving practices and consistent underwriting performance, which historically allowed it to trade at a premium to its peers. Additionally, CEO John Marchioni anticipates a personal lines underwriting profit in 2025 as Selective Insurance leverages these higher rates, further enhancing its financial stability and profitability.
Bears say
Selective Insurance Group Inc. is projected to face challenges in earnings growth, with lowered EPS estimates for 2025 and 2026 attributed to higher core loss ratios, which may suppress earnings despite expected premium and investment income growth. The company's shares have recently underperformed relative to both the KBW Insurance Index and the S&P 500, reflecting ongoing concerns regarding recurring reserve charges and the general outlook for operating EPS. Furthermore, the current trading multiples are significantly low compared to historical averages, indicating a lack of investor confidence and potential limitations on near-term upside.
This aggregate rating is based on analysts' research of Selective Insurance Group and is not a guaranteed prediction by Public.com or investment advice.
SIGI Analyst Forecast & Price Prediction
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