
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Group Inc. has experienced significant revenue growth, with total revenues reaching $365.7 million in 2024, up from $282.8 million in 2022, reflecting strong performance particularly in its Standard Personal Lines segment. The company's investment portfolio has also shown resilience, achieving a 12.9% return on equity (ROE) after taxes in 2024, benefiting from rising interest rates and robust capital inflows. Furthermore, the E&S Lines unit has demonstrated efficient operations with sub-90s combined ratios in 2023 and 2024, indicating effective management of loss reserves and a positive outlook for profitability.
Bears say
Selective Insurance Group Inc faces a challenging outlook primarily due to a history of poor performance, as reflected in its last year's combined ratio of 103%, which resulted in no payouts for financial measures and a significant decline in annual cash incentive payouts. The company has struggled with high reserve issues and significant underwriting losses, leading to decreased investor confidence and a lagging return on equity compared to peers. Additionally, the company's repeated failure to meet guidance expectations related to catastrophe losses and reserving further compounds the risks, suggesting limited near-term earnings per share upside and potential valuation contraction moving forward.
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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