Selective Insurance Group, Inc. (SIGI)
NASDAQ: SIGI · Real-Time Price · USD
92.41
+1.59 (1.75%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Selective Insurance Group Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for SIGI stock have an average target of 101.67, with a low estimate of 85 and a high estimate of 120. The average target predicts an increase of 10.02% from the current stock price of 92.41.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SIGI stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 2 | 2 | 2 | 3 |
| Hold | 6 | 5 | 5 | 5 | 5 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold → Buy Upgrades $95 → $105 | Hold → Buy | Upgrades | $95 → $105 | +13.62% | Oct 30, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $96 → $99 | Hold | Maintains | $96 → $99 | +7.13% | Oct 23, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $96 → $102 | Sell | Maintains | $96 → $102 | +10.38% | Oct 22, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $89 → $96 | Sell | Maintains | $89 → $96 | +3.88% | Oct 10, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $92 → $95 | Hold | Maintains | $92 → $95 | +2.80% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
4.75B
Revenue Next Year
5.12B
from 4.75B
Increased by 7.84%
EPS This Year
3.97
from 5.84
Decreased by -31.94%
EPS Next Year
7.90
from 3.97
Increased by 98.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.5B | 5.6B |
| Avg | 4.7B | 5.1B | 5.4B |
| Low | 4.5B | 4.8B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 15.6% | 8.6% |
| Avg | - | 7.8% | 4.9% |
| Low | - | 1.7% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.25 | 8.88 | 9.71 |
| Avg | 3.97 | 7.90 | 8.91 |
| Low | 3.55 | 6.52 | 8.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -27.2% | 123.5% | 23.0% |
| Avg | -31.9% | 98.7% | 12.8% |
| Low | -39.3% | 64.0% | 4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.