Today's Trend
Selective Insurance Group, Inc. (NASDAQ: SIGI) is getting a modest lift from a series of analyst estimate revisions at Zacks Research, which generally signals improving earnings expectations and can support the stock. The stock has also been trading above both its 50-day and 200-day moving averages, reinforcing a positive near-term technical backdrop.
- Zacks Research raised its earnings outlook for multiple periods, including FY2026 EPS to $7.70 from $7.45, FY2027 EPS to $8.82 from $8.70, and Q1 2028 EPS to $2.72 from $2.52, suggesting analysts see stronger profitability ahead.
- The firm also increased Q2 2026 EPS estimates to $1.65 from $1.51 and Q1 2027 EPS to $2.06 from $2.03, adding to the view that Selective Insurance’s earnings trend is improving.
- Some revisions were mixed, with Q2 2027 EPS trimmed slightly to $2.01 from $2.02 and Q4 2027 EPS cut to $2.57 from $2.73, indicating expectations are not uniformly moving higher.
- Even after the revisions, the current-year consensus remains $7.76 per share, close to Zacks’ FY2026 forecast, so the changes appear incremental rather than a major reassessment.
Overall, SIGI appears to be rising on analyst optimism around future earnings, despite a few small downward tweaks in later-period estimates.