Oppenheimer raises target for Selective Insurance Group stock to USD 115.00
Published on 10/17/2026 at 18:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- On October 13, 2026, Oppenheimer raised its Selective Insurance target to USD 115.00 from USD 105.00.
- Selective Insurance will report third-quarter results on October 22, 2026.
- Selective Insurance Group stock was last at USD 89.16 at 4:00 p.m. ET on October 16, 2026, up 2.13 percent versus the prior close of USD 87.30.
- Selective Insurance had a market capitalization of USD 5.3 billion and a price-to-earnings ratio of 11.06 on October 16, 2026.
Oppenheimer raised its price target for Selective Insurance Group from USD 105.00 to USD 115.00 on October 13, 2026, while keeping an Outperform rating, according to Markets Insider. The new target is 28.98 percent above the latest Nasdaq price in the same currency. On Nasdaq, SIGI was last at USD 89.16 on October 16, 2026 at 4:00 p.m. ET, up 2.13 percent versus the prior close of USD 87.30.
Results arrive October 22
Selective Insurance will publish third-quarter 2026 results after the market closes on October 22, 2026, followed by a conference call on October 23 at 8:00 a.m. ET, according to Business Wire. The scheduled release gives investors a near-term checkpoint for underwriting performance, investment income and claims trends.
The stock stays below its high
The October 16 Nasdaq range ran from USD 87.16 to USD 89.22, while volume was 399,911 shares against an average of 477,303. The USD 89.16 last price stood 11.20 percent below the 52-week high of USD 100.40 and 22.51 percent above the USD 72.78 low. Selective's 2026 second-quarter revenue was USD 1.39 billion, up 4.50 percent from the year-earlier quarter, while net income reached USD 127.1 million, according to Simply Wall St.
Valuation and October 22 date
Selective Insurance had a market capitalization of USD 5.3 billion, a price-to-earnings ratio of 11.06 and a trailing dividend yield of 2.00 percent on October 16, 2026. Its latest investor materials describe a super-regional property and casualty carrier, with 2025 net premiums written of USD 4.9 billion and a GAAP combined ratio of 97.20 percent, according to the Selective Insurance investor page.
Comparison with peers
Selective Insurance: plus 2.13 percent, price-to-earnings ratio 11.06, market capitalization USD 5.3 billion.
The Travelers Companies (NYSE, USD): plus 1.47 percent, price-to-earnings ratio 10.21, market capitalization USD 81.2 billion.
Chubb (NYSE, USD): plus 1.98 percent, price-to-earnings ratio 12.67, market capitalization USD 138.8 billion.
Price and market context
The scheduled results and Oppenheimer's USD 115.00 target put the upcoming report alongside a stock trading below its 52-week high. The next company date is October 22, 2026, after market close.
Market context: Market report S&P 500.
More news and analyses on Selective Insurance Group stock
Selective Insurance Group market data
- Company: Selective Insurance Group, Inc.
- ISIN: US8163001071
- Ticker: SIGI
- Primary exchange: Nasdaq
- Price Nasdaq: USD 89.16 (last at October 16, 2026, 4:00 p.m. ET)
- Change versus prior close: plus 2.13 percent
- Prior close: USD 87.30 on October 16, 2026
- Market capitalization: USD 5.3 billion (as of October 16, 2026)
- 52-week range: USD 72.78-100.40 (as of October 16, 2026)
- Sector / Industry: Financial Services / Insurance - Property & Casualty
- Next earnings date: October 22, 2026
