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

Sign in or create an account to add this stock to your watchlist.
$88.76 +0.88 (+1.00 %)
(As of 03/18/2019 03:44 PM ET)
Previous Close$87.88
Today's Range$88.38 - $88.88
52-Week Range$74.05 - $99.70
Volume661 shs
Average Volume35,704 shs
Market Capitalization$1.36 billion
P/E Ratio14.21
Dividend Yield3.69%
Beta0.63
Safety 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.

Receive SAFT News and Ratings via Email

Sign-up to receive the latest news and ratings for SAFT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:SAFT
CUSIP78648T10
Phone617-951-0600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$836.50 million
Cash Flow$6.9890 per share
Book Value$47.01 per share

Profitability

Net Income$83.19 million

Miscellaneous

EmployeesN/A
Market Cap$1.36 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, February 15th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.80 per share on Friday, March 15th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, February 28th. View Safety Insurance Group's Dividend History.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) released its quarterly earnings data on Friday, August, 3rd. The insurance provider reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.26. The insurance provider had revenue of $207.97 million for the quarter. Safety Insurance Group had a net margin of 9.95% and a return on equity of 13.33%. 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 Wednesday, May 1st 2019. View Earnings Estimates for Safety Insurance Group.

Has Safety Insurance Group been receiving favorable news coverage?

Headlines about SAFT stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Safety Insurance Group earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

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

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 Southern (SO), Parker-Hannifin (PH), Micron Technology (MU), Simon Property Group (SPG), Applied Materials (AMAT), Pfizer (PFE), AT&T (T), Exelon (EXC), Tanger Factory Outlet Centers (SKT) and Walgreens Boots Alliance (WBA).

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 52)
  • Mr. William Joseph Begley Jr., VP, CFO, Sec., Principal Accounting Officer & Treasurer (Age 64)
  • Mr. James David Berry CPCU, VP of Underwriting (Age 59)
  • Mr. David Ernest Krupa CPCU, VP of Property Claims (Age 58)
  • Mr. Paul Jorge Narciso, VP of Casualty Claims (Age 55)

Who are Safety Insurance Group's major shareholders?

Safety Insurance Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.99%), Dimensional Fund Advisors LP (7.75%), Northern Trust Corp (3.57%), Bank of New York Mellon Corp (2.35%), Norges Bank (2.17%) and Geode Capital Management LLC (1.12%). Company insiders that own Safety Insurance Group stock include David D Mckown, David E Krupa, David F Brussard, Frederic H Lindeberg and James Berry. 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 Dimensional Fund Advisors LP, Assenagon Asset Management S.A., First Trust Advisors LP, California Public Employees Retirement System, MetLife Investment Advisors LLC, New York State Common Retirement Fund, Stanley Laman Group Ltd. and TD Asset Management Inc.. Company insiders that have sold Safety Insurance Group company stock in the last year include David D Mckown, Frederic H Lindeberg and James Berry. View Insider Buying and Selling for Safety Insurance Group.

Which major investors are buying Safety Insurance Group stock?

SAFT stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., AltraVue Capital LLC, Bank of New York Mellon Corp, Chicago Equity Partners LLC, Martingale Asset Management L P, Geode Capital Management LLC and Geode Capital Management LLC. 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 $88.76.

How big of a company is Safety Insurance Group?

Safety Insurance Group has a market capitalization of $1.36 billion and generates $836.50 million in revenue each year.

What is Safety Insurance Group's official website?

The official website for Safety Insurance Group is http://www.safetyinsurance.com.

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 (NASDAQ SAFT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  265
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 3/18/2019 by MarketBeat.com Staff

Featured Article: What is a Swap?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel