Positive News Sentiment NASDAQ:SAFT Safety Insurance Group - SAFT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Safety Insurance Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $71.45 -1.05 (-1.45%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$71.43▼$72.8650-Day Range$71.45▼$88.2752-Week Range$71.33▼$99.75Volume94,025 shsAverage Volume96,281 shsMarket Capitalization$1.06 billionP/E Ratio22.68Dividend Yield5.04%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Safety Insurance Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.35% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.66Upright™ Environmental ScoreNews Sentiment1.60Based on 3 Articles This WeekInsider TradingSelling Shares$112,749 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsFinance Sector666th out of 868 stocksFire, Marine, & Casualty Insurance Industry30th out of 45 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Safety Insurance Group. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.35% of the float of Safety Insurance Group has been sold short.Short Interest Ratio / Days to CoverSafety Insurance Group has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Safety Insurance Group has recently increased by 27.09%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSafety Insurance Group is a leading dividend payer. It pays a dividend yield of 4.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSafety Insurance Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Safety Insurance Group is 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSafety Insurance Group has received a -20.30% net impact score from Upright. Safety Insurance uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Non-GHG emissions". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Passenger car insurance services for individuals", "Home insurance services for individuals", and "Light commercial vehicle insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Safety Insurance Group is -1.66. Previous Next 3.1 News and Social Media Coverage News SentimentSafety Insurance Group has a news sentiment score of 1.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Safety Insurance Group this week, compared to 0 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safety Insurance Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $112,749.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of Safety Insurance Group is held by insiders.Percentage Held by Institutions91.79% of the stock of Safety Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Safety Insurance Group is 22.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Safety Insurance Group is 22.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.76.Price to Book Value per Share RatioSafety Insurance Group has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Safety Insurance Group (NASDAQ:SAFT) StockSafety 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.Read More Receive SAFT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Safety Insurance Group and its competitors with MarketBeat's FREE daily newsletter. Email Address SAFT Stock News HeadlinesMarch 18, 2023 | finance.yahoo.comIs Safety Insurance Group, Inc.'s (NASDAQ:SAFT) Stock Price Struggling As A Result Of Its Mixed Financials?March 15, 2023 | americanbankingnews.comSafety Insurance Group (NASDAQ:SAFT) and Skyward Specialty Insurance Group (NASDAQ:SKWD) Head-To-Head AnalysisMarch 24, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...February 23, 2023 | benzinga.comSafety Insurance Group's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowFebruary 22, 2023 | finance.yahoo.comSafety Insurance Group, Inc. Announces Fourth Quarter and Full Year 2022 ResultsFebruary 21, 2023 | benzinga.comEarnings Outlook For Safety Insurance GroupFebruary 19, 2023 | finance.yahoo.comSafety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90February 16, 2023 | finance.yahoo.comSafety Insurance Declares First Quarter 2023 Dividend and Timing of Year-End 2022 ResultsMarch 24, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...January 14, 2023 | forbes.comSafety Insurance GroupNovember 9, 2022 | finance.yahoo.comSafety Insurance Group Third Quarter 2022 Earnings: EPS: US$0.42 (vs US$1.65 in 3Q 2021)November 2, 2022 | finance.yahoo.comSafety Insurance Group, Inc. Announces Third Quarter 2022 Results and Declares Fourth Quarter 2022 DividendNovember 1, 2022 | seekingalpha.comSAFT Safety Insurance Group, Inc.October 6, 2022 | nasdaq.comRSI Alert: Safety Insurance Group Now OversoldOctober 6, 2022 | finance.yahoo.comSafety Insurance Group, Inc. Announces Intent to Acquire Northeast Metrowest Insurance AgencySeptember 20, 2022 | finance.yahoo.comDeclining Stock and Decent Financials: Is The Market Wrong About Safety Insurance Group, Inc. (NASDAQ:SAFT)?August 26, 2022 | seekingalpha.comSafety Insurance: Sound Despite Inflationary HeadwindsAugust 23, 2022 | reuters.comSafety Insurance Group IncAugust 7, 2022 | finance.yahoo.comSafety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of $0.90August 3, 2022 | finance.yahoo.comSafety Insurance Group, Inc. Announces Second Quarter 2022 Results and Declares Third Quarter 2022 DividendAugust 1, 2022 | nasdaq.comNotable Two Hundred Day Moving Average Cross - SAFTAugust 1, 2022 | nasdaq.comSafety Insurance Group is OversoldJuly 24, 2022 | nasdaq.comSAFT Dividend Yield Pushes Above 4%July 7, 2022 | morningstar.comSafety Insurance Group Inc - Stock Ownership SAFTMay 27, 2022 | finance.yahoo.comSafety Insurance Announces Conference Call Information Change for 2022 Annual Meeting of ShareholdersMay 27, 2022 | finance.yahoo.comThere's A Lot To Like About Safety Insurance Group's (NASDAQ:SAFT) Upcoming US$0.90 DividendMay 26, 2022 | finance.yahoo.comAM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and Key SubsidiariesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SAFT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Safety Insurance Group and its competitors with MarketBeat's FREE daily newsletter. Email Address SAFT Company Calendar Last Earnings11/03/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today3/23/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNASDAQ:SAFT CUSIP78648T10 CIK1172052 Webwww.safetyinsurance.com Phone(617) 951-0600Fax617-603-4837Employees552Year Founded1979Profitability EPS (Most Recent Fiscal Year)$3.15 Trailing P/E Ratio22.80 Forward P/E RatioN/A P/E GrowthN/ANet Income$46.56 million Net Margins5.84% Pretax Margin7.47% Return on Equity9.08% Return on Assets3.79% Debt Debt-to-Equity Ratio0.04 Current Ratio0.34 Quick Ratio0.34 Sales & Book Value Annual Sales$797.56 million Price / Sales1.33 Cash Flow$5.44 per share Price / Cash Flow13.20 Book Value$55.10 per share Price / Book1.30Miscellaneous Outstanding Shares14,800,000Free Float14,178,000Market Cap$1.06 billion OptionableOptionable Beta0.30 Social Links Key ExecutivesGeorge M. MurphyPresident, Chief Executive Officer & DirectorChristopher T. WhitfordCFO, Secretary, Chief Accounting Officer & VPStephen A. VargaVice President-Management Information SystemsAnn Marie McKeownVice President-Insurance OperationsPaul J. NarcisoVice President-ClaimsKey CompetitorsEmployersNYSE:EIGProAssuranceNYSE:PRAAMERISAFENASDAQ:AMSFUnited Fire GroupNASDAQ:UFCSUniversal InsuranceNYSE:UVEView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 486 shares on 3/23/2023Ownership: 0.051%Victory Capital Management Inc.Bought 39,700 shares on 3/10/2023Ownership: 5.836%James BerrySold 438 sharesTotal: $35,040.00 ($80.00/share)Christopher Thomas WhitfordSold 60 sharesTotal: $4,800.00 ($80.00/share)James BerrySold 328 sharesTotal: $26,666.40 ($81.30/share)View All Insider TransactionsView All Institutional Transactions 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 14.8% and is now trading at $71.82. View the best growth stocks for 2023 here. Are investors shorting Safety Insurance Group? Safety Insurance Group saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 191,400 shares, an increase of 27.1% from the February 13th total of 150,600 shares. Based on an average daily volume of 74,100 shares, the short-interest ratio is currently 2.6 days. Currently, 1.4% 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, May 3rd 2023. View our SAFT earnings forecast. How were Safety Insurance Group's earnings last quarter? Safety Insurance Group, Inc. (NASDAQ:SAFT) announced its quarterly earnings results on Wednesday, November, 3rd. The insurance provider reported $1.70 earnings per share (EPS) for the quarter, beating 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 5.84% and a trailing twelve-month return on equity of 9.08%. 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 Thursday, February 16th. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.90 per share on Wednesday, March 15th. This represents a $3.60 annualized dividend and a yield of 5.01%. The ex-dividend date of this dividend is Tuesday, February 28th. Read our dividend analysis for SAFT. What ETFs hold Safety Insurance Group's stock? ETFs with the largest weight of Safety Insurance Group (NASDAQ:SAFT) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Vanguard U.S. Minimum Volatility ETF (VFMV), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Financials ETF (PSCF), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and First Trust Active Factor Small Cap ETF (AFSM). 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 4.86%. SAFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.29%. 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 shareholders include Victory Capital Management Inc. (5.86%), Victory Capital Management Inc. (5.84%), Victory Capital Management Inc. (5.73%), Dimensional Fund Advisors LP (4.81%), Charles Schwab Investment Management Inc. (2.80%) and Robeco Institutional Asset Management B.V. (1.93%). 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 $71.82. How much money does Safety Insurance Group make? Safety Insurance Group (NASDAQ:SAFT) has a market capitalization of $1.06 billion and generates $797.56 million in revenue each year. The insurance provider earns $46.56 million in net income (profit) each year or $3.15 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 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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