NASDAQ:SAFT - Safety Insurance Group Stock Price, Price Target & More

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$87.90 +0.20 (+0.23 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$87.70
Today's Range$86.90 - $88.25
52-Week Range$67.20 - $89.15
Volume30,300 shs
Average Volume39,609 shs
Market Capitalization$1.34 billion
P/E Ratio21.92
Dividend Yield3.65%

About Safety Insurance Group (NASDAQ:SAFT)

Safety Insurance Group logoSafety Insurance Group, Inc. provides private passenger and commercial automobile insurance in Massachusetts, New Hampshire, and Maine, 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 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. Safety Insurance Group, Inc. was founded in 1979 and is based in Boston, Massachusetts.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance


Debt-to-Equity RatioN/A
Current Ratio0.35
Quick Ratio0.35


Trailing P/E Ratio21.92
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$839.11 million
Price / Sales1.60
Cash Flow$4.8997 per share
Price / Cash17.94
Book Value$46.06 per share
Price / Book1.91


EPS (Most Recent Fiscal Year)N/A
Net Income$62.38 million
Net Margins7.05%
Return on Equity8.80%
Return on Assets3.37%


Outstanding Shares15,290,000

Safety Insurance Group (NASDAQ:SAFT) Frequently Asked Questions

What is Safety Insurance Group's stock symbol?

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

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 Friday, May 4th. Stockholders of record on Friday, June 1st will be given a dividend of $0.80 per share on Friday, June 15th. This represents a $3.20 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Thursday, May 31st. View Safety Insurance Group's Dividend History.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) issued its quarterly earnings results on Wednesday, May, 2nd. The insurance provider reported $0.71 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.88 by $0.17. The insurance provider had revenue of $209.72 million for the quarter. Safety Insurance Group had a net margin of 7.05% and a return on equity of 8.80%. View Safety Insurance Group's Earnings History.

When is Safety Insurance Group's next earnings date?

Safety Insurance Group is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Safety Insurance Group.

What price target have analysts set for SAFT?

1 brokers have issued 1-year target prices for Safety Insurance Group's stock. Their predictions range from $70.00 to $70.00. On average, they expect Safety Insurance Group's share price to reach $70.00 in the next year. View Analyst Ratings for Safety Insurance Group.

Who are some of Safety Insurance Group's key competitors?

Who are Safety Insurance Group's key executives?

Safety Insurance Group's management team includes the folowing people:
  • Mr. George Michael Murphy CPCU, Pres, CEO & Director (Age 51)
  • Mr. William Joseph Begley Jr., VP, CFO, Sec., Principal Accounting Officer & Treasurer (Age 63)
  • Mr. James David Berry CPCU, VP of Underwriting (Age 58)
  • Mr. David Ernest Krupa CPCU, VP of Property Claims (Age 57)
  • Mr. Paul Jorge Narciso, VP of Casualty Claims (Age 54)

Has Safety Insurance Group been receiving favorable news coverage?

News coverage about SAFT stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Safety Insurance Group earned a news sentiment score of 0.01 on Accern's scale. They also gave press coverage about the insurance provider an impact score of 44.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Safety Insurance Group's major shareholders?

Safety Insurance Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.67%), Dimensional Fund Advisors LP (8.30%), Northern Trust Corp (3.54%), Robeco Institutional Asset Management B.V. (2.37%), Westwood Holdings Group Inc. (1.15%) and Schwab Charles Investment Management Inc. (0.99%). Company insiders that own Safety Insurance Group stock include David E Krupa, David F Brussard, Frederic H Lindeberg, George Murphy, John Patrick Drago, Paul J Narciso and Peter J Manning. View Institutional Ownership Trends for Safety Insurance Group.

Which major investors are selling Safety Insurance Group stock?

SAFT stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, BNP Paribas Arbitrage SA, American International Group Inc., 6 Meridian, Teacher Retirement System of Texas, UBS Group AG, Stanley Laman Group Ltd. and Victory Capital Management Inc.. Company insiders that have sold Safety Insurance Group company stock in the last year include David E Krupa, David F Brussard and Frederic H Lindeberg. View Insider Buying and Selling for Safety Insurance Group.

Which major investors are buying Safety Insurance Group stock?

SAFT stock was purchased by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Robeco Institutional Asset Management B.V., BlackRock Inc., Russell Investments Group Ltd., Schwab Charles Investment Management Inc., WINTON GROUP Ltd, Prudential Financial Inc. and Hillsdale Investment Management Inc.. View Insider Buying and Selling for Safety Insurance Group.

How do I buy shares of Safety Insurance Group?

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

What is Safety Insurance Group's stock price today?

One share of SAFT stock can currently be purchased for approximately $87.90.

How big of a company is Safety Insurance Group?

Safety Insurance Group has a market capitalization of $1.34 billion and generates $839.11 million in revenue each year. Safety Insurance Group employs 623 workers across the globe.

How can I contact Safety Insurance Group?

Safety Insurance Group's mailing address is 20 CUSTOM HOUSE STREET, BOSTON MA, 02110. The insurance provider can be reached via phone at 617-951-0600 or via email at [email protected]

MarketBeat Community Rating for Safety Insurance Group (SAFT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  203
MarketBeat's community ratings are surveys of what our community members think about Safety Insurance Group and other stocks. Vote "Outperform" if you believe SAFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SAFT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2018 by Staff

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