PriceTargets.com logo

Selective Insurance Group - SIGI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $101.67
  • Forecasted Upside: 1.99%
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$99.68 As of 12/3/2024 12:56 PM ET
▼ -0.9 (-0.89%)

This chart shows the closing price for SIGI by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Selective Insurance Group Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for SIGI and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for SIGI

Analyst Price Target is $101.67
▲ +1.99% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Selective Insurance Group in the last 3 months. The average price target is $101.67, with a high forecast of $120.00 and a low forecast of $85.00. The average price target represents a 1.99% upside from the last price of $99.68.

This chart shows the closing price for SIGI for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 7 contributing investment analysts is to hold stock in Selective Insurance Group. This rating has held steady since January 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
6/11/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/9/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/8/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/7/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/5/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
9/3/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/2/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
12/2/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/30/2024BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$95.00 ➝ $105.00
10/23/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$96.00 ➝ $99.00
10/22/2024Bank of AmericaBoost TargetUnderperform ➝ Underperform$96.00 ➝ $102.00
10/10/2024Bank of AmericaBoost TargetUnderperform ➝ Underperform$89.00 ➝ $96.00
7/24/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$92.00 ➝ $95.00
7/23/2024JMP SecuritiesReiterated RatingMarket Perform
7/22/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$103.00 ➝ $96.00
7/22/2024Piper SandlerLower TargetNeutral ➝ Neutral$104.00 ➝ $85.00
7/22/2024Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$104.00 ➝ $99.00
7/11/2024Bank of AmericaLower TargetUnderperform ➝ Underperform$98.00 ➝ $97.00
6/24/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$103.00 ➝ $103.00
4/15/2024JMP SecuritiesReiterated RatingMarket Perform
4/5/2024OppenheimerReiterated RatingOutperform ➝ Outperform$120.00
4/1/2024Piper SandlerReiterated RatingNeutral ➝ Neutral$104.00
2/6/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$111.00 ➝ $109.00
2/2/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$108.00 ➝ $105.00
11/16/2023OppenheimerInitiated CoverageOutperform$120.00
11/3/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$105.00 ➝ $108.00
10/6/2023Piper SandlerLower TargetNeutral ➝ Neutral$112.00 ➝ $106.00
8/4/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$100.00 ➝ $105.00
7/25/2023Bank of AmericaBoost TargetUnderperform$93.00 ➝ $100.00
7/25/2023Piper SandlerBoost TargetNeutral$102.00 ➝ $110.00
7/25/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$100.00
7/6/2023Piper SandlerLower Target$104.00 ➝ $102.00
6/14/2023BMO Capital MarketsBoost Target$90.00 ➝ $93.00
5/18/2023Bank of AmericaDowngradeNeutral ➝ Underperform$101.00 ➝ $97.00
5/5/2023Piper SandlerLower Target$107.00 ➝ $104.00
4/18/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$107.00 ➝ $104.00
4/4/2023Piper SandlerBoost TargetNeutral$104.00 ➝ $107.00
2/14/2023Keefe, Bruyette & WoodsBoost TargetMarket Perform$105.00 ➝ $107.00
2/6/2023Royal Bank of CanadaBoost TargetSector Perform$90.00 ➝ $96.00
1/19/2023BMO Capital MarketsInitiated CoverageMarket Perform$90.00
1/10/2023Piper SandlerBoost Target$88.00 ➝ $91.00
11/22/2022Morgan StanleyBoost TargetOverweight$98.00 ➝ $105.00
11/11/2022Janney Montgomery ScottInitiated CoverageNeutral$96.00
6/27/2022Morgan StanleyInitiated CoverageOverweight$98.00
8/16/2021Wolfe ResearchInitiated CoverageOutperform$91.00
7/30/2021Royal Bank of CanadaBoost TargetSector Perform$79.00 ➝ $85.00
7/14/2021JMP SecuritiesDowngradeOutperform ➝ Market Perform$80.00
5/21/2021Bank of AmericaInitiated CoverageNeutral$83.00
4/16/2021JMP SecuritiesBoost TargetOutperform$72.00 ➝ $80.00
4/8/2021Royal Bank of CanadaBoost TargetSector Perform$67.00 ➝ $71.00
1/26/2021Boenning ScattergoodReiterated RatingNeutral
11/10/2020Credit Suisse GroupBoost TargetOutperform$66.00 ➝ $71.00
5/14/2020Credit Suisse GroupUpgradeUnderperform ➝ Outperform$49.00 ➝ $50.00
4/8/2020Royal Bank of CanadaLower TargetSector Perform$75.00 ➝ $62.00
4/6/2020Piper SandlerLower TargetNeutral$55.00 ➝ $48.00
3/9/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$65.00
(Data available from 12/3/2019 forward)

News Sentiment Rating

1.35 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/7/2024
  • 11 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/6/2024
  • 9 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/6/2024
  • 12 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
8/5/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/4/2024
  • 10 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/4/2024
  • 15 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/3/2024
  • 22 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/3/2024

Current Sentiment

  • 22 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Selective Insurance Group logo
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.
Read More

Today's Range

Now: $99.68
Low: $99.49
High: $101.27

50 Day Range

MA: $95.51
Low: $90.05
High: $102.09

52 Week Range

Now: $99.68
Low: $81.00
High: $109.58

Volume

29,926 shs

Average Volume

355,780 shs

Market Capitalization

$6.06 billion

P/E Ratio

26.87

Dividend Yield

1.49%

Beta

0.6

Frequently Asked Questions

What sell-side analysts currently cover shares of Selective Insurance Group?

The following equities research analysts have issued stock ratings on Selective Insurance Group in the last twelve months: Bank of America Co., BMO Capital Markets, JMP Securities, Keefe, Bruyette & Woods, Oppenheimer Holdings Inc., Piper Sandler, and Royal Bank of Canada.
View the latest analyst ratings for SIGI.

What is the current price target for Selective Insurance Group?

0 Wall Street analysts have set twelve-month price targets for Selective Insurance Group in the last year. Their average twelve-month price target is $101.67, suggesting a possible upside of 2.0%. Oppenheimer Holdings Inc. has the highest price target set, predicting SIGI will reach $120.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $85.00 for Selective Insurance Group in the next year.
View the latest price targets for SIGI.

What is the current consensus analyst rating for Selective Insurance Group?

Selective Insurance Group currently has 1 sell rating, 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SIGI, but not buy more shares or sell existing shares.
View the latest ratings for SIGI.

What other companies compete with Selective Insurance Group?

Other companies that are similar to Selective Insurance Group include W. R. Berkley, Markel Group, Erie Indemnity, Fidelity National Financial and CNA Financial. Learn More about companies similar to Selective Insurance Group.

How do I contact Selective Insurance Group's investor relations team?

Selective Insurance Group's physical mailing address is 40 WANTAGE AVENUE, BRANCHVILLE NJ, 07890. The insurance provider's listed phone number is (973) 948-3000 and its investor relations email address is [email protected]. The official website for Selective Insurance Group is www.selective.com. Learn More about contacing Selective Insurance Group investor relations.