Safety Insurance Group Stock Price, News & Analysis (NASDAQ:SAFT) $78.62 -0.24 (-0.30%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$78.01▼$78.8850-Day Range$67.89▼$79.4952-Week Range$65.78▼$89.96Volume39,882 shsAverage Volume45,457 shsMarket Capitalization$1.16 billionP/E Ratio37.26Dividend Yield4.58%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Safety Insurance Group MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.62% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.68 out of 5 starsFinance Sector608th out of 852 stocksFire, Marine, & Casualty Insurance Industry36th out of 48 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Safety Insurance Group. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.62% of the float of Safety Insurance Group has been sold short.Short Interest Ratio / Days to CoverSafety 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 monthShort interest in Safety Insurance Group has recently decreased by 18.05%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSafety Insurance Group is a leading dividend payer. It pays a dividend yield of 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSafety Insurance Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Safety Insurance Group is 170.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSafety Insurance Group has received a -19.33% net impact score from Upright. Safety Insurance uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Non-GHG emissions". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Passenger car insurance services for individuals", "Light commercial vehicle insurance services for individuals", and "Home insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Safety Insurance Group is -1.20. Previous Next 0.6 News and Social Media Coverage Search Interest1 people have searched for SAFT on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Safety Insurance Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safety Insurance Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.20% of the stock of Safety Insurance Group is held by insiders.Percentage Held by Institutions79.74% 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. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Safety Insurance Group is 37.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Safety Insurance Group is 37.26, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 36.72.Price to Book Value per Share RatioSafety Insurance Group has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Safety Insurance Group Stock (NASDAQ:SAFT)Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. The company was founded in 1979 and is headquartered in Boston, Massachusetts.Read More SAFT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAFT Stock News HeadlinesNovember 29, 2023 | finance.yahoo.comShareholders in Safety Insurance Group (NASDAQ:SAFT) are in the red if they invested a year agoNovember 18, 2023 | seekingalpha.comSafety Insurance: A Question Of True Safety In Turbulent Insurance MarketsDecember 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 1, 2023 | finance.yahoo.comSafety Insurance Group, Inc. Announces Third Quarter 2023 Results and Declares Fourth Quarter 2023 DividendNovember 1, 2023 | finance.yahoo.comSafety Insurance Group Inc (SAFT) Reports Q3 2023 Earnings, Net Income Drops to $1.9 MillionSeptember 25, 2023 | finance.yahoo.comWeak Financial Prospects Seem To Be Dragging Down Safety Insurance Group, Inc. (NASDAQ:SAFT) StockAugust 29, 2023 | finance.yahoo.comSafety Insurance Group's (NASDAQ:SAFT) Dividend Will Be $0.90August 28, 2023 | benzinga.comTiptree Supports Customers through Tough Times, Supporting Shareholders through ChangesDecember 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comAugust 28, 2023 | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Safety Insurance Group, Inc. (NASDAQ:SAFT) For Its Upcoming DividendAugust 27, 2023 | finance.yahoo.comWith 80% ownership, Safety Insurance Group, Inc. (NASDAQ:SAFT) boasts of strong institutional backingAugust 3, 2023 | finance.yahoo.comSafety Insurance Group, Inc. Announces Second Quarter 2023 Results and Declares Third Quarter 2023 DividendJuly 24, 2023 | benzinga.comOver $2M Bet On Safety Insurance Group? Check Out These 3 Stocks Insiders Are BuyingJune 5, 2023 | seekingalpha.comSafety Insurance Group: A Healthier Mercury Group?June 1, 2023 | benzinga.com10% Owner of Safety Insurance Group Purchased $545K In StockMay 26, 2023 | finance.yahoo.comHere's Why We're Wary Of Buying Safety Insurance Group's (NASDAQ:SAFT) For Its Upcoming DividendMay 7, 2023 | finance.yahoo.comSafety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90May 5, 2023 | msn.comSafety Insurance Group (SAFT) Declares $0.90 DividendMay 3, 2023 | finance.yahoo.comSafety Insurance Group, Inc. Announces First Quarter 2023 Results and Declares Second Quarter 2023 DividendApril 5, 2023 | finance.yahoo.comSafety Insurance Group, Inc. Announces Board of Director UpdatesMarch 18, 2023 | finance.yahoo.comIs Safety Insurance Group, Inc.'s (NASDAQ:SAFT) Stock Price Struggling As A Result Of Its Mixed Financials?February 23, 2023 | benzinga.comSafety Insurance Group's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowFebruary 22, 2023 | finance.yahoo.comSafety Insurance Group, Inc. Announces Fourth Quarter and Full Year 2022 ResultsFebruary 21, 2023 | benzinga.comEarnings Outlook For Safety Insurance GroupFebruary 19, 2023 | finance.yahoo.comSafety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90February 16, 2023 | finance.yahoo.comSafety Insurance Declares First Quarter 2023 Dividend and Timing of Year-End 2022 ResultsJanuary 14, 2023 | forbes.comSafety Insurance GroupSee More Headlines Receive SAFT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Safety Insurance Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings11/01/2023Ex-Dividend for 12/15 Dividend11/30/2023Today12/09/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNASDAQ:SAFT CUSIP78648T10 CIK1172052 Webwww.safetyinsurance.com Phone(617) 951-0600Fax617-603-4837Employees538Year Founded1979Profitability EPS (Most Recent Fiscal Year)$2.11 Trailing P/E Ratio37.26 Forward P/E RatioN/A P/E GrowthN/ANet Income$46.56 million Net Margins3.47% Pretax Margin4.50% Return on Equity2.83% Return on Assets1.12% Debt Debt-to-Equity Ratio0.04 Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$797.56 million Price / Sales1.46 Cash Flow$5.59 per share Price / Cash Flow14.06 Book Value$55.10 per share Price / Book1.43Miscellaneous Outstanding Shares14,790,000Free Float14,171,000Market Cap$1.16 billion OptionableOptionable Beta0.23 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. George Michael Murphy C.P.C.U. (Age 56)President, CEO & Chairperson of the Board Comp: $1.85MMr. Christopher Thomas Whitford CPA (Age 40)VP, CFO & Secretary Comp: $699.75kMr. James David Berry C.P.C.U. (Age 63)Vice President of Underwriting Comp: $840.01kMr. John Patrick Drago (Age 56)Vice President of Marketing Mr. Glenn Robert Hiltpold (Age 52)Vice President of Actuarial Services Key CompetitorsEmployersNYSE:EIGAMERISAFENASDAQ:AMSFHCI GroupNYSE:HCIMediaAlphaNYSE:MAXProAssuranceNYSE:PRAView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 5,712 shares on 12/6/2023Ownership: 0.040%American Century Companies Inc.Sold 4,848 shares on 11/30/2023Ownership: 0.556%Deutsche Bank AGBought 1,282 shares on 11/24/2023Ownership: 0.052%Public Sector Pension Investment BoardSold 8,105 shares on 11/22/2023Ownership: 0.124%Comerica BankBought 6,774 shares on 11/21/2023Ownership: 0.046%View All Insider TransactionsView All Institutional Transactions SAFT Stock Analysis - Frequently Asked Questions How have SAFT shares performed in 2023? Safety Insurance Group's stock was trading at $84.26 at the start of the year. Since then, SAFT stock has decreased by 6.7% and is now trading at $78.62. View the best growth stocks for 2023 here. Are investors shorting Safety Insurance Group? Safety Insurance Group saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 88,100 shares, a drop of 18.0% from the October 31st total of 107,500 shares. Based on an average daily trading volume, of 49,200 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.6% of the company's shares are short sold. View Safety Insurance Group's Short Interest. When is Safety Insurance Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our SAFT earnings forecast. How were Safety Insurance Group's earnings last quarter? Safety Insurance Group, Inc. (NASDAQ:SAFT) announced its quarterly earnings data on Wednesday, November, 1st. The insurance provider reported $0.59 earnings per share (EPS) for the quarter. The insurance provider had revenue of $229.36 million for the quarter. Safety Insurance Group had a net margin of 3.47% and a trailing twelve-month return on equity of 2.83%. How often does Safety Insurance Group pay dividends? What is the dividend yield for Safety Insurance Group? Safety Insurance Group declared a quarterly dividend on Wednesday, November 1st. Investors of record on Friday, December 1st will be paid a dividend of $0.90 per share on Friday, December 15th. This represents a $3.60 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Thursday, November 30th. Read our dividend analysis for SAFT. Is Safety Insurance Group a good dividend stock? Safety Insurance Group (NASDAQ:SAFT) pays an annual dividend of $3.60 per share and currently has a dividend yield of 4.57%. SAFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 170.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SAFT. What ETFs hold Safety Insurance Group's stock? ETFs with the largest weight of Safety Insurance Group (NASDAQ:SAFT) stock in their portfolio include JPMorgan Active Small Cap Value ETF (JPSV), Vanguard U.S. Minimum Volatility ETF (VFMV), Invesco S&P SmallCap Low Volatility ETF (XSLV) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).iShares U.S. Insurance ETF (IAK). What is George M. Murphy's approval rating as Safety Insurance Group's CEO? 11 employees have rated Safety Insurance Group Chief Executive Officer George M. Murphy on Glassdoor.com. George M. Murphy has an approval rating of 44% among the company's employees. This puts George M. Murphy in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Safety Insurance Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Safety Insurance Group investors own include Pfizer (PFE), Simon Property Group (SPG), AT&T (T), Southern (SO), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Verizon Communications (VZ), Exxon Mobil (XOM), Applied Materials (AMAT) and Dominion Energy (D). Who are Safety Insurance Group's major shareholders? Safety Insurance Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (7.81%), Charles Schwab Investment Management Inc. (1.40%), Bank of New York Mellon Corp (1.32%), Northern Trust Corp (1.09%), JPMorgan Chase & Co. (0.98%) and Kayne Anderson Rudnick Investment Management LLC (0.77%). Insiders that own company stock include Ann Marie Mckeown, Christopher Thomas Whitford, Corp Srb, Dennis J Langwell, Glenn Hiltpold, James Berry, Peter J Manning and Stephen Albert Varga. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Safety Insurance Group have any subsidiaries? The following companies are subsidiares of Safety Insurance Group: SAFETY ASSET MANAGEMENT CORPORATION, SAFETY INDEMNITY INSURANCE COMPANY, SAFETY INSURANCE COMPANY, SAFETY MANAGEMENT CORPORATION, SAFETY NORTHEAST INSURANCE COMPANY, SAFETY PROPERTY AND CASUALTY INSURANCE COMPANY, and Thomas Black Corporation.Read More This page (NASDAQ:SAFT) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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