
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Group Inc. is well-positioned for future growth, driven by an improving loss ratio in its personal lines segment, which reported a significantly better-than-expected core loss ratio of 62.2% compared to the anticipated 71.2% for 4Q24. The company is benefiting from substantial rate increases in personal lines, with renewal price increases of 27.3% in 4Q24, indicating a strong pricing environment that is expected to lead to underwriting profitability in the coming years. Additionally, Selective Insurance Group's conservative reserving practices and historical performance above industry peers support a favorable outlook for maintaining adequate reserves amid potential social inflation challenges.
Bears say
Selective Insurance Group Inc. is facing a negative outlook due to revised earnings estimates, with expected EPS for 2025 and 2026 lowered to $7.60 and $8.45, respectively, primarily influenced by higher core loss ratios. The company's shares have underperformed relative to industry benchmarks, reflecting ongoing concerns over recurring reserve charges that could further suppress operating earnings. Based on current metrics, SIGI's stock trades at a P/E ratio significantly below that of the S&P 500, indicating a lack of investor confidence and limiting potential near-term stock 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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