Property and casualty insurer Selective Insurance Group (NASDAQ: SIGI) will be announcing earnings results this Wednesday after market hours. Here’s what investors should know.
Selective Insurance Group missed analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $1.29 billion, up 10.3% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ book value per share estimates and a miss of analysts’ EPS estimates.
Is Selective Insurance Group a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Selective Insurance Group’s revenue to grow 10.5% year on year to $1.32 billion, slowing from the 14.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.52 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Selective Insurance Group has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Selective Insurance Group’s peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Progressive delivered year-on-year revenue growth of 21.3%, beating analysts’ expectations by 1.4%, and Travelers reported revenues up 7.3%, in line with consensus estimates. Progressive traded up 2.2% following the results while Travelers was also up 5.5%.
Read our full analysis of Progressive’s results here and Travelers’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the property & casualty insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.2% on average over the last month. Selective Insurance Group is up 1.3% during the same time and is heading into earnings with an average analyst price target of $94.67 (compared to the current share price of $88.59).
When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
