S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
MarketBeat Week in Review – 12/4 - 12/8
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
MarketBeat Week in Review – 12/4 - 12/8
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
MarketBeat Week in Review – 12/4 - 12/8
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
MarketBeat Week in Review – 12/4 - 12/8

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

$78.62
-0.24 (-0.30%)
(As of 12/8/2023 ET)
Compare
Today's Range
$78.01
$78.88
50-Day Range
$67.89
$79.49
52-Week Range
$65.78
$89.96
Volume
39,882 shs
Average Volume
45,457 shs
Market Capitalization
$1.16 billion
P/E Ratio
37.26
Dividend Yield
4.58%
Price Target
N/A

Safety Insurance Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.20
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
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.

1.86 out of 5 stars

Finance Sector

623rd out of 871 stocks

Fire, Marine, & Casualty Insurance Industry

37th out of 49 stocks


SAFT stock logo

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.

SAFT Stock Price History

SAFT Stock News Headlines

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Earnings Outlook For Safety Insurance Group
Safety Insurance Group
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
11/01/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/09/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
Current Symbol
NASDAQ:SAFT
CUSIP
78648T10
Employees
538
Year Founded
1979

Profitability

Net Income
$46.56 million
Pretax Margin
4.50%

Debt

Sales & Book Value

Annual Sales
$797.56 million
Cash Flow
$5.59 per share
Book Value
$55.10 per share

Miscellaneous

Free Float
14,171,000
Market Cap
$1.16 billion
Optionable
Optionable
Beta
0.23

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SAFT Stock Analysis - Frequently Asked Questions

How have SAFT shares performed in 2023?

Safety Insurance Group's stock was trading at $84.26 on January 1st, 2023. Since then, SAFT shares have 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 decline in short interest in the month of November. As of November 15th, there was short interest totaling 88,100 shares, a decline of 18.0% from the October 31st total of 107,500 shares. Based on an average trading volume of 49,200 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the company's stock 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) released its quarterly earnings results on Wednesday, November, 1st. The insurance provider reported $0.59 earnings per share for the quarter. The insurance provider had revenue of $229.36 million for the quarter. Safety Insurance Group had a trailing twelve-month return on equity of 2.83% and a net margin of 3.47%.

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, November 1st. Shareholders of record on Friday, December 1st will be given a dividend of $0.90 per share on Friday, December 15th. This represents a $3.60 annualized dividend 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?
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

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