Selective Insurance Group, Inc. (SIGI)
NASDAQ: SIGI · IEX Real-Time Price · USD
82.08
-18.24 (-18.18%)
At close: Jul 19, 2024, 4:00 PM
82.60
+0.52 (0.63%)
Pre-market: Jul 22, 2024, 7:10 AM EDT
Selective Insurance Group Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for SIGI stock have an average target of 106.33, with a low estimate of 97 and a high estimate of 120. The average target predicts an increase of 29.54% from the current stock price of 82.08.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 6 | 6 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $98 → $97 | Sell | Maintains | $98 → $97 | +18.18% | Jul 11, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $103 | Hold | Reiterates | $103 | +25.49% | Jun 24, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 15, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $120 | Buy | Maintains | $120 | +46.20% | Apr 5, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $104 | Hold | Maintains | $104 | +26.71% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
4.88B
from 4.23B
Increased by 15.40%
Revenue Next Year
5.26B
from 4.88B
Increased by 7.76%
EPS This Year
7.03
from 5.84
Increased by 20.32%
EPS Next Year
8.59
from 7.03
Increased by 22.23%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 5.1B | 5.6B |
| Avg | 4.9B | 5.3B |
| Low | 4.5B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 21.4% | 15.3% |
| Avg | 15.4% | 7.8% |
| Low | 6.8% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 7.46 | 9.19 |
| Avg | 7.03 | 8.59 |
| Low | 6.57 | 7.84 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 27.7% | 30.8% |
| Avg | 20.3% | 22.2% |
| Low | 12.4% | 11.6% |
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.