Selective Insurance Group Inc expected to post earnings of $1.41 a share - Earnings Preview

Selective Insurance

01/02/2022 23:23

* Selective Insurance Group Inc  SIGI.OQ   SIGI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 3. 
    * The Branchville New Jersey-based  company is expected to
report 
a 10.5% increase in revenue to $753.204 million from $681.5
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Selective Insurance
Group
Inc is for earnings of $1.41 per share. For the same quarter
last year, the company reported earnings of $1.84 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Selective
Insurance Group Inc is $85​, about 6.2% above​ its last closing
price of $79.73. ​​​
    * 

This summary was machine generated February 1 at 23:23 GMT.  All
figures in US dollars  unless otherwise stated