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

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$93.48 +0.03 (+0.03 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$93.48
Today's Range$92.9001 - $94.2750
52-Week Range$77.58 - $99.70
Volume33,190 shs
Average Volume35,634 shs
Market Capitalization$1.44 billion
P/E Ratio13.92
Dividend Yield3.42%
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.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
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$6.7887 per share
Book Value$49.08 per share

Profitability

Net Income$83.19 million

Miscellaneous

Employees627
Market Cap$1.44 billion
Next Earnings Date8/7/2019 (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 Thursday, May 2nd. Investors of record on Monday, June 3rd will be paid a dividend of $0.80 per share on Friday, June 14th. This represents a $3.20 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend is Friday, May 31st. View Safety Insurance Group's Dividend History.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) posted its quarterly earnings data on Tuesday, February, 26th. The insurance provider reported $1.83 earnings per share (EPS) for the quarter. The insurance provider had revenue of $202.90 million for the quarter. Safety Insurance Group had a return on equity of 14.41% and a net margin of 12.25%. 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, August 7th 2019. View Earnings Estimates for Safety Insurance Group.

Has Safety Insurance Group been receiving favorable news coverage?

News headlines about SAFT stock have trended somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Safety Insurance Group earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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

Who are Safety Insurance Group's key executives?

Safety Insurance Group's management team includes the folowing people:
  • Mr. George Michael Murphy C.P.C.U., CPCU, Pres, CEO & Director (Age 52)
  • Mr. William Joseph Begley Jr., VP, CFO, Sec. & Treasurer (Age 64)
  • Mr. James David Berry C.P.C.U., CPCU, VP of Underwriting (Age 59)
  • Mr. Christopher Whitford, Controller
  • Mr. John Patrick Drago, VP of Marketing (Age 52)

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 investors include Ronna Sue Cohen (18.11%), BlackRock Inc. (13.90%), Dimensional Fund Advisors LP (7.45%), Northern Trust Corp (3.56%), Renaissance Technologies LLC (2.57%) and Geode Capital Management LLC (1.23%). Company insiders that own Safety Insurance Group stock include David D Mckown, David E Krupa, David F Brussard, Frederic H Lindeberg, James Berry and Peter J Manning. View Institutional Ownership Trends for Safety Insurance Group.

Which institutional investors are selling Safety Insurance Group stock?

SAFT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Dimensional Fund Advisors LP, Marshall Wace LLP, Citigroup Inc., Goldman Sachs Group Inc., California Public Employees Retirement System, TD Asset Management Inc. and Principal Financial Group Inc.. Company insiders that have sold Safety Insurance Group company stock in the last year include David D Mckown, David E Krupa, Frederic H Lindeberg, James Berry and Peter J Manning. View Insider Buying and Selling for Safety Insurance Group.

Which institutional investors are buying Safety Insurance Group stock?

SAFT stock was acquired by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, Westwood Holdings Group Inc., Assenagon Asset Management S.A., Geode Capital Management LLC, JPMorgan Chase & Co., Martingale Asset Management L P, James Investment Research Inc. and Charles Schwab 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 $93.48.

How big of a company is Safety Insurance Group?

Safety Insurance Group has a market capitalization of $1.44 billion and generates $836.50 million in revenue each year. Safety Insurance Group employs 627 workers across the globe.

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:  115 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  273
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 5/26/2019 by MarketBeat.com Staff

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