Safety Insurance Group (SAFT) Stock Price, News & Analysis

Company Overview

Safety Insurance Group, Inc. is a regional property and casualty insurance company headquartered in Boston, Massachusetts. Founded in 1923 and reorganized under its current structure in 1940, the company specializes in underwriting personal automobile insurance and related products. Safety Insurance Group operates through its principal subsidiary, Safety Insurance Company, offering a diversified portfolio of personal lines coverages tailored to meet the needs of individual policyholders.

The company’s product suite includes private passenger automobile liability and physical damage coverage, homeowners insurance, umbrella liability policies and collector car insurance. In addition to personal lines, Safety Insurance Group provides business automobile policies, condo unitowners coverage and dwelling fire insurance. Through these offerings, the company seeks to deliver comprehensive protection against a range of everyday risks, supported by tailored endorsements and loss control services.

Safety Insurance Group primarily serves customers across the New England region, with operations in Massachusetts, Rhode Island, New Hampshire, Connecticut and Maine. Policies are distributed through a network of independent insurance agents, enabling localized service and expertise. The company has also invested in digital tools and customer portals designed to streamline policy management, billing and claims reporting for both agents and insureds.

Under the leadership of President and Chief Executive Officer Christopher J. Campbell, Safety Insurance Group emphasizes disciplined underwriting, risk management and a conservative investment strategy. The company’s executive team focuses on maintaining strong operational efficiency, enhancing customer service and pursuing targeted geographic expansion to support long-term growth and stability.

Key Stats

• Today's Range: $71.60 to $72.75
• 50-Day Range: $71.96 to $83.49
• 52-Week Range: $70.71 to $90.00
• Volume: 76,576 shs
• Average Volume: 59,270 shs
• Market Capitalization: $1.07 billion
• P/E Ratio: 14.72
• Dividend Yield: 5.00%
• Price Target: N/A
• Consensus Rating: N/A

Safety Insurance Group Stock Analysis - MarketRank™

Safety Insurance Group scored higher than 49% of companies evaluated by MarketBeat, and ranked 639th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Safety Insurance Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Safety Insurance Group is 14.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Safety Insurance Group is 14.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Book Value per Share Ratio

Safety Insurance Group has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.85% of the float of Safety Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

Safety Insurance Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Safety Insurance Group has recently increased by 5.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Safety Insurance Group is a leading dividend payer. It pays a dividend yield of 5.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Safety Insurance Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Safety Insurance Group is 73.62%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -1.34

Percentage of Shares Shorted

0.85% of the float of Safety Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

Safety Insurance Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Safety Insurance Group has recently increased by 5.12%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.17

News Sentiment

Safety Insurance Group has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Safety Insurance Group this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for SAFT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Safety Insurance Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Safety Insurance Group is held by insiders.

Percentage Held by Institutions

81.04% of the stock of Safety Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SAFT Stock Analysis - Frequently Asked Questions

How have SAFT shares performed this year?

Safety Insurance Group's stock was trading at $82.40 at the start of the year. Since then, SAFT shares have decreased by 12.7% and is now trading at $71.96.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) released its quarterly earnings data on Wednesday, May, 7th. The insurance provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.25 by $0.03. The insurance provider had revenue of $298.97 million for the quarter. Safety Insurance Group had a net margin of 6.29% and a trailing twelve-month return on equity of 7.99%.

Does Safety Insurance Group have any subsidiaries?

The following companies are subsidiaries of Safety Insurance Group: Thomas Black Corporation, SAFETY ASSET MANAGEMENT CORPORATION, SAFETY INDEMNITY INSURANCE COMPANY, SAFETY INSURANCE COMPANY, SAFETY MANAGEMENT CORPORATION, SAFETY NORTHEAST INSURANCE COMPANY, and SAFETY PROPERTY AND CASUALTY INSURANCE COMPANY.

Who are Safety Insurance Group's major shareholders?

Safety Insurance Group's top institutional shareholders include Exchange Traded Concepts LLC (0.07%) and Assenagon Asset Management S.A. (0.05%). Insiders that own company stock include Corp Srb, Stephen Albert Varga, James Berry, Christopher Thomas Whitford, Glenn Hiltpold, Peter J Manning, Brian Siu-Gae Lam and Dennis J Langwell.
View institutional ownership trends.

How do I buy shares of Safety Insurance Group?

Shares of SAFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Safety Insurance Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Safety Insurance Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 5/07/2025
• Record date for 6/13 Dividend: 6/02/2025
• Ex-Dividend for 6/13 Dividend: 6/02/2025
• Dividend Payable: 6/13/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: INS - PROP&CASLTY
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:SAFT
• CIK: 1172052
• Web: www.safetyinsurance.com
• Phone: (617) 951-0600
• Fax: 617-603-4837
• Employees: 550
• Year Founded: 1979

Profitability

• EPS (Trailing Twelve Months): $4.89
• Trailing P/E Ratio: 14.72
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $70.73 million
• Net Margins: 6.29%
• Pretax Margin: 8.02%
• Return on Equity: 7.99%
• Return on Assets: 2.97%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 0.42
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $1.12 billion
• Price / Sales: 0.96
• Cash Flow: $4.83 per share
• Price / Cash Flow: 14.89
• Book Value: $55.83 per share
• Price / Book: 1.29

Miscellaneous

• Outstanding Shares: 14,890,000
• Free Float: 14,596,000
• Market Cap: $1.07 billion
• Optionable: Optionable
• Beta: 0.26