$93.44
0.41% today
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US8163001071
Symbol
SIGI

Selective Insurance Group, Inc. Target price 2024 - Analyst rating & recommendation

Selective Insurance Group, Inc. Classifications & Recommendation:

Buy
30%
Hold
70%

Selective Insurance Group, Inc. Price Target

Target Price $104.00
Price $93.44
Potential
Number of Estimates 7
7 Analysts have issued a price target Selective Insurance Group, Inc. 2025 . The average Selective Insurance Group, Inc. target price is $104.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 10 analysts: 3 Analysts recommend Selective Insurance Group, Inc. to buy, 7 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Selective Insurance Group, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Selective Insurance Group, Inc. stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 4.22 4.66
17.29% 10.47%
Net Margin 8.41% 4.88%
40.65% 42.00%

7 Analysts have issued a sales forecast Selective Insurance Group, Inc. 2024 . The average Selective Insurance Group, Inc. sales estimate is

$4.7b
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. This is
1.10% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.9b 3.82%
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, the lowest is
$4.6b 2.12%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $4.2b 17.29%
2024
$4.7b 10.47%
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2025
$5.0b 8.10%
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2026
$5.4b 7.25%
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3 Selective Insurance Group, Inc. Analysts have issued a net profit forecast 2024. The average Selective Insurance Group, Inc. net profit estimate is

$228m
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. This is
0.90% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$235m 4.31%
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, the lowest is
$221m 2.16%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $355m 64.97%
2024
$228m 35.90%
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2025
$476m 108.99%
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2026
$531m 11.72%
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Net Margin

2023 8.41% 40.65%
2024
4.88% 42.00%
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2025
9.44% 93.44%
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2026
9.83% 4.13%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 5.84 3.74
64.97% 35.96%
P/E 25.06
EV/Sales 1.37

3 Analysts have issued a Selective Insurance Group, Inc. forecast for earnings per share. The average Selective Insurance Group, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.74
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. This is
0.81% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.87 4.31%
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, the lowest is
$3.63 2.16%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $5.84 64.97%
2024
$3.74 35.96%
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2025
$7.82 109.09%
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2026
$8.74 11.76%
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P/E ratio

Current 25.29 33.32%
2024
25.06 0.91%
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2025
11.99 52.15%
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2026
10.73 10.51%
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Based on analysts' sales estimates for 2024, the Selective Insurance Group, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.36 17.07%
2024
1.37 0.96%
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2025
1.27 7.50%
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2026
1.18 6.76%
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P/S ratio

Current 1.21 17.91%
2024
1.22 1.11%
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2025
1.13 7.49%
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2026
1.06 6.76%
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