Selective Insurance Surges Despite Q1 Missed Targets

Selective Insurance Groups shares surged over eleven percent, despite missing Wall Street targets on revenue and earnings. The companys first-quarter 2026 results showed a five point seven percent increase in revenue to one billion three hundred sixty million dollars and adjusted earnings per share of one dollar sixty-nine cents. Book value per share grew a robust twelve point four percent year over year. Investors focused on the growth and positive outlook, ignoring the impact of social inflation on claims and costs. Analysts predict eleven point six percent earnings growth and fifteen point four percent book value jump over the next twelve months. The stock, which has remained steady with only two swings over five percent in the past year, closed at eighty-four dollars thirty-six cents, up eight point seven percent, demonstrating resilience and long-term strength. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cf4bb064dfc75bab