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Selective Insurance Group - SIGI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $105.17
  • Forecasted Upside: 3.41%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$101.70 As of 04/25/2024 01:00 AM ET
▼ -1.44 (-1.40%)

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

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Analyst Price Target for SIGI

Analyst Price Target is $105.17
▲ +3.41% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Selective Insurance Group in the last 3 months. The average price target is $105.17, with a high forecast of $120.00 and a low forecast of $93.00. The average price target represents a 3.41% upside from the last price of $101.70.

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

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Current Consensus is Hold

The current consensus among 6 contributing investment analysts is to hold stock in Selective Insurance Group. This Hold consensus rating has held steady for over two years.

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
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/15/2024JMP SecuritiesReiterated RatingMarket PerformLow
4/5/2024OppenheimerReiterated RatingOutperform ➝ Outperform$120.00Low
4/1/2024Piper SandlerReiterated RatingNeutral ➝ Neutral$104.00Low
2/6/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$111.00 ➝ $109.00Low
2/2/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$108.00 ➝ $105.00Low
11/16/2023OppenheimerInitiated CoverageOutperform$120.00Low
11/3/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$105.00 ➝ $108.00Low
10/6/2023Piper SandlerLower TargetNeutral ➝ Neutral$112.00 ➝ $106.00Low
8/4/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$100.00 ➝ $105.00Low
7/25/2023Bank of AmericaBoost TargetUnderperform$93.00 ➝ $100.00Low
7/25/2023Piper SandlerBoost TargetNeutral$102.00 ➝ $110.00Low
7/25/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$100.00Low
7/6/2023Piper SandlerLower Target$104.00 ➝ $102.00Low
6/14/2023BMO Capital MarketsBoost Target$90.00 ➝ $93.00Low
5/18/2023Bank of AmericaDowngradeNeutral ➝ Underperform$101.00 ➝ $97.00Low
5/5/2023Piper SandlerLower Target$107.00 ➝ $104.00Low
4/18/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$107.00 ➝ $104.00Low
4/4/2023Piper SandlerBoost TargetNeutral$104.00 ➝ $107.00Low
2/14/2023Keefe, Bruyette & WoodsBoost TargetMarket Perform$105.00 ➝ $107.00Low
2/6/2023Royal Bank of CanadaBoost TargetSector Perform$90.00 ➝ $96.00Low
1/19/2023BMO Capital MarketsInitiated CoverageMarket Perform$90.00Low
1/10/2023Piper SandlerBoost Target$88.00 ➝ $91.00Low
11/22/2022Morgan StanleyBoost TargetOverweight$98.00 ➝ $105.00Low
11/11/2022Janney Montgomery ScottInitiated CoverageNeutral$96.00Low
6/27/2022Morgan StanleyInitiated CoverageOverweight$98.00Low
8/16/2021Wolfe ResearchInitiated CoverageOutperform$91.00Medium
7/30/2021Royal Bank of CanadaBoost TargetSector Perform$79.00 ➝ $85.00Low
7/14/2021JMP SecuritiesDowngradeOutperform ➝ Market Perform$80.00Low
5/21/2021Bank of AmericaInitiated CoverageNeutral$83.00High
4/16/2021JMP SecuritiesBoost TargetOutperform$72.00 ➝ $80.00High
4/8/2021Royal Bank of CanadaBoost TargetSector Perform$67.00 ➝ $71.00Low
1/26/2021Boenning ScattergoodReiterated RatingNeutralHigh
11/10/2020Credit Suisse GroupBoost TargetOutperform$66.00 ➝ $71.00Medium
5/14/2020Credit Suisse GroupUpgradeUnderperform ➝ Outperform$49.00 ➝ $50.00High
4/8/2020Royal Bank of CanadaLower TargetSector Perform$75.00 ➝ $62.00Low
4/6/2020Piper SandlerLower TargetNeutral$55.00 ➝ $48.00Low
3/9/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$65.00High
9/12/2019Buckingham ResearchBoost TargetNeutral$73.00 ➝ $75.00Low
5/2/2019Boenning ScattergoodReiterated RatingHoldLow
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.91 (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
  • 12 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/27/2023
  • 9 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 16 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 12 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 11 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 11 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

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.
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Today's Range

Now: $101.70
Low: $101.33
High: $103.28

50 Day Range

MA: $103.80
Low: $100.40
High: $109.17

52 Week Range

Now: $101.70
Low: $91.99
High: $109.58

Volume

264,659 shs

Average Volume

319,308 shs

Market Capitalization

$6.18 billion

P/E Ratio

17.44

Dividend Yield

1.37%

Beta

0.55

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, Royal Bank of Canada, and StockNews.com.
View the latest analyst ratings for SIGI.

What is the current price target for Selective Insurance Group?

6 Wall Street analysts have set twelve-month price targets for Selective Insurance Group in the last year. Their average twelve-month price target is $105.17, suggesting a possible upside of 3.4%. Oppenheimer Holdings Inc. has the highest price target set, predicting SIGI will reach $120.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $93.00 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, 4 hold ratings and 1 buy rating 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 RLI, AXIS Capital, The Hanover Insurance Group, White Mountains Insurance Group and Mercury General. 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.