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SIGI — Selective Insurance News Story

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Selective Insurance Group Inc reports results for the quarter ended June 30 - Earnings Summary

Selective Insurance Group Inc SIGI.OQ reported quarterly adjusted earnings of $1.31​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.10.  The mean expectation of eight analysts for the quarter was for earnings of $1.51 per share. Wall Street expected results to range from $1.34  to $1.64 per share.

Revenue rose 5.1% to $1.29 billion from a year ago; analysts expected $1.33 billion.

Selective Insurance Group Inc's reported EPS for the quarter was $1.36​.

The company reported quarterly net income of $83.6 million.

Selective Insurance Group Inc shares had risen by 4.9% this quarter and lost 2.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is  "buy."

Wall Street's median 12-month price target for Selective Insurance Group Inc is $94.00, about 3.3% above its last closing price of $90.91

This summary was machine generated from LSEG data July 23 at 09:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.511.31Missed
Mar. 31 20251.851.76Missed
Dec. 31 20241.991.62Missed
Sep. 30 20241.651.40Missed

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