FY2026 Earnings Estimate for SAFT Issued By DOWLING & PARTN

Key Points

• DOWLING & PARTN cut Safety Insurance Group’s FY2026 EPS estimate to $4.15 from $4.75, matching the current consensus forecast.
• Safety Insurance Group’s latest quarterly results modestly beat expectations, with EPS of $2.03 versus the $2.00 consensus and revenue of $325.68 million in line with estimates.
• The company maintains a quarterly dividend of $0.92 per share, equal to a $3.68 annualized payout and a 3.5% yield; shares recently traded near their 52-week high, while institutional investors own 81.04% of the stock.

Safety Insurance Group, Inc. (NASDAQ:SAFT - Free Report) - Research analysts at DOWLING & PARTN decreased their FY2026 earnings per share (EPS) estimates for Safety Insurance Group in a note issued to investors on Wednesday, October 7th. DOWLING & PARTN analyst D. Lukpanov now expects that the insurance provider will earn $4.15 per share for the year, down from their prior estimate of $4.75. The consensus estimate for Safety Insurance Group's current full-year earnings is $4.15 per share.

Safety Insurance Group (NASDAQ:SAFT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $2.03 earnings per share for the quarter, topping analysts' consensus estimates of $2.00 by $0.03. Safety Insurance Group had a net margin of 5.33% and a return on equity of 7.23%. The firm had revenue of $325.68 million for the quarter, compared to the consensus estimate of $325.68 million.

Separately, Weiss Ratings upgraded shares of Safety Insurance Group from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, September 17th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Safety Insurance Group Price Performance

NASDAQ:SAFT opened at $103.82 on Monday. The company has a 50-day moving average of $103.52 and a 200-day moving average of $85.23. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 22.38 and a beta of 0.15. Safety Insurance Group has a 52 week low of $67.04 and a 52 week high of $104.01. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.41 and a current ratio of 0.41.

Safety Insurance Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Tuesday, September 1st. Safety Insurance Group's dividend payout ratio is presently 79.31%.

Insider Buying and Selling

In other Safety Insurance Group news, major shareholder Corp Srb sold 1,240,352 shares of the firm's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $103.07, for a total value of $127,843,080.64. Following the completion of the sale, the insider owned 473,387 shares in the company, valued at approximately $48,791,998.09. This trade represents a 72.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Safety Insurance Group

Several hedge funds and other institutional investors have recently made changes to their positions in SAFT. BlackRock Inc. acquired a new stake in Safety Insurance Group in the second quarter worth $171,385,000. Dimensional Fund Advisors LP boosted its position in shares of Safety Insurance Group by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 711,806 shares of the insurance provider's stock worth $51,708,000 after purchasing an additional 3,319 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Safety Insurance Group in the 2nd quarter valued at $10,513,000. Renaissance Technologies LLC grew its holdings in shares of Safety Insurance Group by 0.3% in the 1st quarter. Renaissance Technologies LLC now owns 140,400 shares of the insurance provider's stock valued at $10,199,000 after buying an additional 400 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of Safety Insurance Group by 2.0% in the 1st quarter. Principal Financial Group Inc. now owns 72,384 shares of the insurance provider's stock valued at $5,258,000 after buying an additional 1,406 shares in the last quarter. 81.04% of the stock is owned by institutional investors and hedge funds.

Safety Insurance Group Company Profile

Safety Insurance Group, Inc NASDAQ: SAFT is an insurance holding company headquartered in Boston, Massachusetts. Through its subsidiaries, including Safety Insurance Company, the company provides property and casualty insurance products to individuals and businesses.

Its principal offerings include private passenger and commercial automobile insurance, homeowners insurance, businessowners policies, dwelling fire coverage, umbrella insurance and workers' compensation insurance. Safety distributes its products primarily through a network of independent insurance agents and provides related policy administration and claims services.

The company primarily serves customers in New England, with operations focused on Massachusetts, New Hampshire and Maine.

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