
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Group Inc. has demonstrated significant revenue growth, increasing from $282.8 million in 2022 to $365.7 million in 2024, largely driven by performance in its Other Liability segment. The company has benefited from a rising interest rate environment, yielding a notable 12.9% return on equity (ROE) after taxes in 2024, supported by strong capital inflows and effective management of the investment portfolio. Additionally, the E&S unit has maintained robust performance with combined ratios below 90, indicating effective loss management and a positive outlook for continued profitability.
Bears say
Selective Insurance Group Inc. is facing significant challenges reflected in its financial metrics, particularly due to a high combined ratio of 103% leading to a 0% payout on financial measures and a decline in cash incentive payouts. The company anticipates a slowdown in growth and substantial underwriting losses, exacerbated by reserve issues, which positions it unfavorably compared to its peers. Additionally, consistent misses on guidance tied to catastrophe losses and reserving issues have contributed to reduced investor confidence, indicating limited near-term EPS upside 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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