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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
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Institutions are Buying up Procter & Gamble Shares, Should you?

Safety Insurance Group - SAFT Stock Forecast, Price & News

$85.51
+1.12 (+1.33%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$83.70
$86.72
50-Day Range
$82.19
$91.93
52-Week Range
$76.78
$99.75
Volume
92,900 shs
Average Volume
88,372 shs
Market Capitalization
$1.26 billion
P/E Ratio
23.62
Dividend Yield
4.27%
Price Target
N/A

Safety Insurance Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.66
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.

2.32 out of 5 stars

Finance Sector

403rd out of 895 stocks

Fire, Marine, & Casualty Insurance Industry

21st out of 49 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

Safety Insurance Group
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
SAFT Safety Insurance Group, Inc.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Safety Insurance: Sound Despite Inflationary Headwinds
Safety Insurance Group Inc
Safety Insurance Group is Oversold
SAFT Dividend Yield Pushes Above 4%
See More Headlines
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Sign-up to receive the latest news and ratings for Safety Insurance Group and its competitors with MarketBeat's FREE daily newsletter.

SAFT Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Today
2/01/2023
Next Earnings (Estimated)
2/22/2023
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
$130.71 million
Pretax Margin
8.54%

Debt

Sales & Book Value

Annual Sales
$884.91 million
Cash Flow
$7.92 per share
Book Value
$61.88 per share

Miscellaneous

Free Float
14,119,000
Market Cap
$1.26 billion
Optionable
Optionable
Beta
0.30

Social Links


Key Executives

  • George M. Murphy
    President, Chief Executive Officer & Director
  • 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 on January 1st, 2023. Since then, SAFT stock has increased by 1.5% and is now trading at $85.51.
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, February 22nd 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 earnings per share for the quarter, topping analysts' consensus estimates 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 6.77% and a trailing twelve-month return on equity of 9.79%.

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 2nd. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.90 per share on Thursday, December 15th. This represents a $3.60 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Wednesday, 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 4.27%. SAFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.45%. 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 retail and institutional investors. Top institutional investors include Silver Lake Advisory LLC (0.29%), New York State Teachers Retirement System (0.21%), Allspring Global Investments Holdings LLC (0.19%), Exchange Traded Concepts LLC (0.14%), Legato Capital Management LLC (0.14%) and DAVENPORT & Co LLC (0.14%). 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 $85.51.

How much money does Safety Insurance Group make?

Safety Insurance Group (NASDAQ:SAFT) has a market capitalization of $1.26 billion and generates $884.91 million in revenue each year. The insurance provider earns $130.71 million in net income (profit) each year or $3.62 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 2/2/2023 by MarketBeat.com Staff