$98.98
0.33% today
Nasdaq, Nov 26, 05:19 pm CET
ISIN
US8163001071
Symbol
SIGI

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

Selective Insurance Group, Inc. Classifications & Recommendation:

Buy
33%
Hold
67%

Selective Insurance Group, Inc. Price Target

Target Price $102.17
Price $98.65
Potential
Number of Estimates 6
6 Analysts have issued a price target Selective Insurance Group, Inc. 2025 . The average Selective Insurance Group, Inc. target price is $102.17. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 9 analysts: 3 Analysts recommend Selective Insurance Group, Inc. to buy, 6 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 4.62
17.29% 9.55%
Net Margin 8.41% 4.92%
40.65% 41.53%

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

$4.6b
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. This is
1.92% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.6b 1.75%
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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
$4.6b 9.55%
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2025
$5.0b 8.13%
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2026
$5.4b 7.36%
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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
4.92% 41.53%
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2025
9.51% 93.29%
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2026
9.90% 4.10%
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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 26.35
EV/Sales 1.45

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 26.59 34.43%
2024
26.35 0.90%
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2025
12.61 52.14%
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2026
11.29 10.47%
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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 1.42 16.96%
2024
1.45 1.97%
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2025
1.34 7.53%
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2026
1.25 6.85%
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P/S ratio

Current 1.27 17.25%
2024
1.30 1.96%
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2025
1.20 7.52%
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2026
1.12 6.86%
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