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META   299.08 (+1.13%)
GOOGL   130.25 (-0.15%)
AMZN   129.12 (-0.16%)
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NVDA   416.10 (+1.45%)
NIO   8.54 (+1.07%)
BABA   88.30 (+4.98%)
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CGC   0.84 (+9.09%)
GE   111.25 (-1.54%)
DIS   81.25 (-1.79%)
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PFE   32.69 (-0.49%)
PYPL   57.88 (-1.26%)
NFLX   379.81 (-1.13%)
NASDAQ:SAFT

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

$69.66
-0.35 (-0.50%)
(As of 09/22/2023 ET)
Compare
Today's Range
$69.36
$70.23
50-Day Range
$65.87
$73.72
52-Week Range
$65.78
$92.61
Volume
29,809 shs
Average Volume
69,976 shs
Market Capitalization
$1.03 billion
P/E Ratio
29.03
Dividend Yield
5.17%
Price Target
N/A

Safety Insurance Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.61
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$2.25 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Financial Services Sector

30th out of 44 stocks

Insurance—Property & Casualty Industry

1st out of 2 stocks


SAFT stock logo

About Safety Insurance Group (NASDAQ:SAFT) Stock

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.

SAFT Price History

SAFT Stock News Headlines

The Steadiest Dividend Stocks Paying Up to 11%
Better Than Oil Stocks?
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.
Better Than Oil Stocks?
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.
Earnings Outlook For Safety Insurance Group
Safety Insurance Group
SAFT Safety Insurance Group, Inc.
See More Headlines
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SAFT Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/22/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Insurance—Property & Casualty
Sub-Industry
Property & Casualty Insurance
Current Symbol
NASDAQ:SAFT
CUSIP
78648T10
Employees
538
Year Founded
1979

Profitability

Net Income
$46.56 million
Pretax Margin
5.31%

Debt

Sales & Book Value

Annual Sales
$797.56 million
Cash Flow
$5.64 per share
Book Value
$55.10 per share

Miscellaneous

Free Float
14,171,000
Market Cap
$1.03 billion
Optionable
Optionable
Beta
0.27

Social Links

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

  • Mr. George Michael Murphy C.P.C.U. (Age 56)
    CPCU, Pres, CEO & Chairperson of the Board
    Comp: $1.85M
  • Mr. Christopher Thomas Whitford CPA (Age 40)
    VP, CFO & Sec.
    Comp: $699.75k
  • Mr. James David Berry C.P.C.U. (Age 63)
    CPCU, VP of Underwriting
    Comp: $840.01k
  • Mr. John Patrick Drago (Age 56)
    VP of Marketing
  • Mr. Glenn Robert Hiltpold (Age 52)
    VP of Actuarial Services













SAFT Stock - 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 shares have decreased by 17.3% and is now trading at $69.66.
View the best growth stocks for 2023 here
.

When is Safety Insurance Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SAFT earnings forecast
.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) announced its earnings results on Wednesday, August, 2nd. The insurance provider reported $0.80 earnings per share (EPS) for the quarter. The insurance provider earned $229.44 million during the quarter. Safety Insurance Group had a net margin of 4.12% and a trailing twelve-month return on equity of 3.82%.

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, August 2nd. Stockholders of record on Friday, September 1st will be paid a dividend of $0.90 per share on Friday, September 15th. This represents a $3.60 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for SAFT
.

What ETFs hold Safety Insurance Group's stock?
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 5.20%. SAFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SAFT.

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).

What is Safety Insurance Group's stock symbol?

Safety Insurance Group trades on the NASDAQ under the ticker symbol "SAFT."

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 BlackRock Inc. (14.53%), SRB Corp (12.24%), Victory Capital Management Inc. (7.57%), Dimensional Fund Advisors LP (4.96%), State Street Corp (3.74%) and Geode Capital Management LLC (2.07%). Insiders that own company stock include Ann Marie Mckeown, Christopher Thomas Whitford, Corp Srb, Dennis J Langwell, Frederic H Lindeberg, 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.

What is Safety Insurance Group's stock price today?

One share of SAFT stock can currently be purchased for approximately $69.66.

How much money does Safety Insurance Group make?

Safety Insurance Group (NASDAQ:SAFT) has a market capitalization of $1.03 billion and generates $797.56 million in revenue each year. The insurance provider earns $46.56 million in net income (profit) each year or $2.40 on an earnings per share basis.

How many employees does Safety Insurance Group have?

The company employs 538 workers across the globe.

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
How can I contact Safety Insurance Group?

Safety Insurance Group's mailing address is 20 CUSTOM HOUSE STREET, BOSTON MA, 02110. The official website for the company is www.safetyinsurance.com. The insurance provider can be reached via phone at (617) 951-0600, via email at investorrelations@safetyinsurance.com, or via fax at 617-603-4837.

This page (NASDAQ:SAFT) was last updated on 9/22/2023 by MarketBeat.com Staff

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