
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Group Inc has a positive outlook due to its better-than-expected personal lines core loss ratio in Q4 2024, driven by significant rate increases that suggest potential profitability in its Standard Personal Lines segment. The company’s proactive reserving strategies have positioned its general liability reserves adequately, contributing to a more favorable overall loss ratio while reflecting conservative financial management. Additionally, the expectation of improvement in core loss ratios in the coming quarters, as highlighted by anticipated underwriting profits in 2025, reinforces the attractiveness of Selective Insurance’s stock relative to its peers in the property-casualty insurance sector.
Bears say
Selective Insurance Group Inc faces a challenging earnings outlook, with projected EPS for 2025 and 2026 reduced to $7.60 and $8.45, respectively, due to anticipated higher core loss ratios that may hinder profitability despite projected growth in premiums and investment income. The company's shares have notably underperformed relative to benchmarks like the KBW Insurance Index and S&P 500, attributed to recurring reserve charges that could further suppress operating earnings and require time for recovery in investor confidence. Additionally, the valuation metrics indicate that Selective Insurance shares currently trade at a significantly lower P/E ratio compared to the broader market, suggesting a negative sentiment that could limit their upward potential.
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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