Selective Insurance Group Future Growth

Future criteria checks 4/6

Selective Insurance Group is forecast to grow earnings and revenue by 41.5% and 9% per annum respectively. EPS is expected to grow by 41.3% per annum. Return on equity is forecast to be 14.6% in 3 years.

Key information

41.5%

Earnings growth rate

41.3%

EPS growth rate

Insurance earnings growth	8.5%
Revenue growth rate	9.0%
Future return on equity	14.6%
Analyst coverage	Good
Last updated	28 Oct 2024

Recent future growth updates

Recent updates

Balancing Growth And Headwinds: Selective Insurance Group's Review

Oct 30

Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Popularity With Investors Is Clear

Oct 01

Analysts Just Shaved Their Selective Insurance Group, Inc. (NASDAQ:SIGI) Forecasts Dramatically

May 10

Here's Why I Think Selective Insurance Group (NASDAQ:SIGI) Is An Interesting Stock

Apr 03

Does Selective Insurance Group (NASDAQ:SIGI) Deserve A Spot On Your Watchlist?

Dec 15

Do Selective Insurance Group's (NASDAQ:SIGI) Earnings Warrant Your Attention?

Sep 16

I Ran A Stock Scan For Earnings Growth And Selective Insurance Group (NASDAQ:SIGI) Passed With Ease

Jun 14

Earnings and Revenue Growth Forecasts

NasdaqGS:SIGI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,771	536	N/A	N/A	5
12/31/2025	5,364	488	N/A	N/A	5
12/31/2024	4,867	236	N/A	N/A	4
9/30/2024	4,716	227	973	1,004	N/A
6/30/2024	4,553	224	819	846	N/A
3/31/2024	4,397	346	714	737	N/A
12/31/2023	4,232	356	736	759	N/A
9/30/2023	4,074	318	820	839	N/A
6/30/2023	3,888	271	831	853	N/A
3/31/2023	3,712	252	822	845	N/A
12/31/2022	3,558	216	776	802	N/A
9/30/2022	3,476	228	685	714	N/A
6/30/2022	3,446	259	696	722	N/A
3/31/2022	3,421	342	709	734	N/A
12/31/2021	3,379	394	749	771	N/A
9/30/2021	3,308	425	697	716	N/A
6/30/2021	3,219	423	630	649	N/A
3/31/2021	3,061	338	627	645	N/A
12/31/2020	2,922	246	532	554	N/A
9/30/2020	2,853	201	518	542	N/A
6/30/2020	2,787	187	483	510	N/A
3/31/2020	2,812	226	439	470	N/A
12/31/2019	2,846	272	447	477	N/A
9/30/2019	2,761	236	449	479	N/A
6/30/2019	2,715	235	501	528	N/A
3/31/2019	2,658	221	487	509	N/A
12/31/2018	2,586	179	439	455	N/A
9/30/2018	2,577	163	368	382	N/A
6/30/2018	2,534	155	N/A	376	N/A
3/31/2018	2,496	137	N/A	347	N/A
12/31/2017	2,470	169	N/A	380	N/A
9/30/2017	2,419	178	N/A	415	N/A
6/30/2017	2,379	170	N/A	338	N/A
3/31/2017	2,333	172	N/A	313	N/A
12/31/2016	2,284	158	N/A	330	N/A
9/30/2016	2,247	165	N/A	300	N/A
6/30/2016	2,206	173	N/A	275	N/A
3/31/2016	2,159	163	N/A	335	N/A
12/31/2015	2,132	166	N/A	382	N/A
9/30/2015	2,082	162	N/A	334	N/A
6/30/2015	2,057	168	N/A	326	N/A
3/31/2015	2,042	164	N/A	258	N/A
12/31/2014	2,027	142	N/A	233	N/A
9/30/2014	2,019	126	N/A	256	N/A
6/30/2014	1,991	105	N/A	311	N/A
3/31/2014	1,953	103	N/A	344	N/A
12/31/2013	1,904	107	N/A	336	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIGI's forecast earnings growth (41.5% per year) is above the savings rate (2.5%).

Earnings vs Market: SIGI's earnings (41.5% per year) are forecast to grow faster than the US market (15.1% per year).

High Growth Earnings: SIGI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SIGI's revenue (9% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: SIGI's revenue (9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SIGI's Return on Equity is forecast to be low in 3 years time (14.6%).

Selective Insurance Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Selective Insurance Group, Inc. Updates Earnings Guidance for the Full Year 2024

Price target decreased by 7.9% to US$96.86

Consensus EPS estimates fall by 40%

Consensus EPS estimates fall by 10%

Price target increased by 7.7% to US$101

Selective Insurance Group, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter Ended December 31, 2022

Recent updates

Balancing Growth And Headwinds: Selective Insurance Group's Review

Third quarter dividend of US$0.38 announced

Selective Insurance Group, Inc. Updates Earnings Guidance for the Full Year 2024

New minor risk - Profit margin trend

Third quarter 2024 earnings: EPS misses analyst expectations

Selective Insurance Group, Inc. to Report Q3, 2024 Results on Oct 21, 2024

Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Popularity With Investors Is Clear

Selective Insurance Group, Inc. Announces Chief Financial Officer Changes

Upcoming dividend of US$0.35 per share

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 7.9% to US$96.86

Investor sentiment deteriorates as stock falls 16%

Selective Insurance Group, Inc. Announces Quarterly Cash Dividend, Payable on September 3, 2024

Consensus EPS estimates fall by 40%

Selective Insurance Group, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Selective Insurance Group, Inc. Appoints Kate Sampson to its Board of Directors

Selective Insurance: Time To Be Selective

Consensus EPS estimates fall by 10%

First quarter dividend of US$0.35 announced

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend, Payable on June 3, 2024

First quarter 2024 earnings: EPS misses analyst expectations

Selective Insurance Group, Inc. to Report Q1, 2024 Results on May 01, 2024

Selective Insurance Group, Inc., Annual General Meeting, May 01, 2024

Upcoming dividend of US$0.35 per share at 1.4% yield

Selective Insurance Group (NASDAQ:SIGI) Has Announced A Dividend Of $0.35

Fourth quarter dividend of US$0.35 announced

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

The Price Is Right For Selective Insurance Group, Inc. (NASDAQ:SIGI)

Selective Insurance Group, Inc. to Report Q4, 2023 Results on Jan 31, 2024

CEO, President & Chairman recently sold US$2.1m worth of stock

CEO, President & Chairman notifies of intention to sell stock

Upcoming dividend of US$0.35 per share at 1.3% yield

Third quarter 2023 earnings: EPS misses analyst expectations

Selective Insurance Group, Inc. Announces Dividend for Third Quarter 2023 , Payable December 1, 2023

Selective Insurance Group, Inc. Announces Chief Financial Officer Changes

New minor risk - Insider selling

Independent Director notifies of intention to sell stock

Now 22% undervalued

Upcoming dividend of US$0.30 per share at 1.2% yield

Second quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on September 1, 2023

Now 20% undervalued

Selective Insurance Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Independent Director recently sold US$118k worth of stock

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable June 1, 2023

First quarter 2023 earnings: EPS misses analyst expectations

Executive VP & COO of Standard Lines recently sold US$319k worth of stock

Executive VP & COO of Standard Lines notifies of intention to sell stock

Now 20% undervalued

Price target increased by 7.7% to US$101

Independent Director recently sold US$2.0m worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on March 1, 2023

Now 22% undervalued after recent price drop

Selective Insurance Group, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter Ended December 31, 2022

Selective Insurance Group, Inc. to Report Q4, 2022 Results on Feb 02, 2023

Now 20% undervalued

Now 20% undervalued

Executive VP & COO of Standard Lines recently sold US$268k worth of stock

Independent Director recently sold US$305k worth of stock

Now 22% undervalued

Upcoming dividend of US$0.30 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend, Payable December 1, 2022

Selective Insurance Group, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Selective Insurance Introduces New Privacy Solution to Reduce the Risk of Data Breach Following A Total Vehicle Loss

Independent Director recently sold US$549k worth of stock

Selective Insurance goes ex-dividend tomorrow

Second quarter 2022 earnings: EPS and revenues miss analyst expectations