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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
Laser breakthrough could send stock soaring 2,467% (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
Laser breakthrough could send stock soaring 2,467% (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
Laser breakthrough could send stock soaring 2,467% (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
NASDAQ:SAFT

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

$75.33
+1.33 (+1.80%)
(As of 06/6/2023 ET)
Compare
Today's Range
$73.74
$75.73
50-Day Range
$68.61
$76.89
52-Week Range
$67.71
$99.75
Volume
66,185 shs
Average Volume
79,768 shs
Market Capitalization
$1.12 billion
P/E Ratio
42.32
Dividend Yield
4.78%
Price Target
N/A

Safety Insurance Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.64
Upright™ Environmental Score
News Sentiment
1.28mentions of Safety Insurance Group in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$5.48 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.

2.26 out of 5 stars

Finance Sector

516th out of 860 stocks

Fire, Marine, & Casualty Insurance Industry

24th out of 46 stocks


SAFT stock logo

About Safety Insurance Group (NASDAQ:SAFT) Stock

Safety Insurance Group, Inc. engages in the management and provision of insurance services. It offers property and casualty insurance products which include commercial vehicles and fleets. The firm provides private passenger automobile, commercial automobile and homeowners insurance. The company was founded in 1979 and is headquartered in Boston, MA.

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SAFT Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Earnings Outlook For Safety Insurance Group
Safety Insurance Group
See More Headlines

SAFT Price History

SAFT Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Ex-Dividend for 6/15 Dividend
5/31/2023
Today
6/07/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
Current Symbol
NASDAQ:SAFT
CUSIP
78648T10
Employees
552
Year Founded
1979

Profitability

Net Income
$46.56 million
Pretax Margin
4.18%

Debt

Sales & Book Value

Annual Sales
$805.41 million
Cash Flow
$5.66 per share
Book Value
$55.10 per share

Miscellaneous

Free Float
14,212,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
0.30

Social Links


Key Executives

  • George M. Murphy
    Chairman, President & Chief Executive Officer
  • Christopher T. Whitford
    CFO, Secretary, Chief Accounting Officer & VP
  • Stephen A. Varga
    Vice President-Management Information Systems
  • Ann Marie McKeownAnn Marie McKeown
    Vice President-Insurance Operations
  • Paul J. Narciso
    Vice President-Claims













SAFT Stock - Frequently Asked Questions

How have SAFT shares performed in 2023?

Safety Insurance Group's stock was trading at $84.26 at the beginning of 2023. Since then, SAFT shares have decreased by 10.6% and is now trading at $75.33.
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, August 2nd 2023.
View our SAFT earnings forecast
.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) posted its earnings results on Wednesday, November, 3rd. The insurance provider reported $1.70 EPS for the quarter, topping the consensus estimate of $1.15 by $0.55. The insurance provider had revenue of $213.71 million for the quarter. Safety Insurance Group had a net margin of 3.23% and a trailing twelve-month return on equity of 5.81%.

How often does Safety Insurance Group pay dividends? What is the dividend yield for Safety Insurance Group?

Safety Insurance Group announced a quarterly dividend on Wednesday, May 3rd. Investors of record on Thursday, June 1st will be given a dividend of $0.90 per share on Thursday, June 15th. This represents a $3.60 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date of this dividend is Wednesday, May 31st.
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 4.92%. SAFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 202.25%. 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. (14.48%), Bank of New York Mellon Corp (12.55%), Victory Capital Management Inc. (6.45%), Dimensional Fund Advisors LP (4.81%), State Street Corp (3.76%) and Geode Capital Management LLC (1.96%). Insiders that own company stock include Ann Marie Mckeown, Christopher Thomas Whitford, Corp Srb, 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 $75.33.

How much money does Safety Insurance Group make?

Safety Insurance Group (NASDAQ:SAFT) has a market capitalization of $1.12 billion and generates $805.41 million in revenue each year. The insurance provider earns $46.56 million in net income (profit) each year or $1.78 on an earnings per share basis.

How many employees does Safety Insurance Group have?

The company employs 552 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 6/7/2023 by MarketBeat.com Staff

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