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Selective Insurance Group Inc

Selective Insurance Group Inc

SIGI
$96.46USD↑+1.29%+1.23 today

MARKET CAP

5.8B

P/E (TTM)

13.2x

FWD P/E

11.2x

DAY RANGE

$95 – $98

52W RANGE

$72
$100

AI Summary

Stalk
Sell NowMedium

SIGI is in a Stage 3 distribution with an active support failure pattern confirming a shift into lower highs and lower lows. Price trades below the 9, 20, and 50 EMAs, which now act as resistance, and volume skew indicates committed selling. Both medium- and long-term biases are bearish, and there is no mean reversion support. Execution should occur on any relief rally into the short-term EMAs in line with the defensive Stable strategy.

  • ↑Operating ROE 12% sustained for seven consecutive quarters.
  • ↑GAAP combined ratio target 96.5–97.5% for 2026.
  • ↓Q3 2025 combined ratio 98.6% highlights cost pressures.
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The case for & against

Bull & Bear analysis

Bullish

Select Insurance Group (NASDAQ: SIGI) is a prominent player in the property and casualty insurance sector, focusing on offering both commercial and personal insurance products. With a strong emphasis on underwriting discipline and profitability, the company is strategically positioned to navigate the competitive insurance landscape. As it approaches its centennial milestone in 2026, Selective aims to enhance its operational efficiency through significant investments in technology and AI capabilities, while prioritizing disciplined growth in line with broader industry trends.

Bull says

  • ↑Operating ROE 12% sustained for seven consecutive quarters.
  • ↑GAAP combined ratio target 96.5–97.5% for 2026.
  • ↑AI claims tool processed >500,000 documents, boosting accuracy.
  • ↑Q1 2026 share repurchase $30M; $140M authorization remains.
  • ↑Forecast earnings growth of 5.9% in 2026 and 13.3% in 2027.
  • ↑Book-to-Price 1.11 and high earnings yield signal undervaluation.

Bear says

  • ↓Q3 2025 combined ratio 98.6% highlights cost pressures.
  • ↓Net premiums written declined 1% in standard commercial lines.
  • ↓Social inflation exacerbates loss trends in liability segments.
  • ↓Negative profitability and growth factor scores signal margin risk.
  • ↓Short interest elevated, reflecting bearish investor sentiment.
  • ↓Declining dividend-yield score and analyst revisions suggest value erosion.

Investment themes with SIGI

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM
L&H Insurance↑ +0.32%

PGR · TRV · ALL
P&C Insurance↑ +0.32%

TRV · CB · AON

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 04-23-2026neutral

Transcript signals

Bull points

  • We like the construction business, and we've got a long history there of strong performance.
  • Our GAAP combined ratio was 98.3, including 6.2 points of catastrophe losses. Importantly, we had no prior year casualty reserve development at the segment or line of business level. We're pleased with this stability and will continue to evaluate emerging data with rigor and discipline.
  • 92.8% for the quarter from 98.0% first quarter 2025 and 100.6% for full year 2025

Bear points

  • Standard commercial lines net premiums written declined 1% as lower policy counts offset 7.1% renewal pure price increases and stronger new business pricing.
  • Retention was 82%, stable with recent periods, but down three points from a year ago due to pricing and underwriting actions to improve profitability.
  • we do see a tempering of growth.
Read full transcript analysis ›