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.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Phone617-951-0600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$839.11 million
Profitability
Miscellaneous
Employees623
Next Earnings Date2/25/2019 (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 announced 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 3.44%. The ex-dividend date 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) posted its earnings results on Friday, August, 3rd. The insurance provider reported $1.81 EPS for the quarter, beating 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 8.99% and a return on equity of 11.02%. View Safety Insurance Group's Earnings History.
When is Safety Insurance Group's next earnings date?
What price target have analysts set for SAFT?
1 Wall Street analysts have issued 12 month target prices for Safety Insurance Group's shares. 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 twelve months. This suggests that the stock has a possible downside of 24.7%. View Analyst Price Targets for Safety Insurance Group.
What is the consensus analysts' recommendation for Safety Insurance Group?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safety Insurance Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Safety Insurance Group.
Has Safety Insurance Group been receiving favorable news coverage?
Media coverage about SAFT stock has trended somewhat positive on Thursday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Safety Insurance Group earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage about the insurance provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near term.
Who are some of Safety Insurance Group's key competitors?
Some companies that are related to Safety Insurance Group include Kemper (KMPR), Hanover Insurance Group (THG), Axis Capital (AXS), Enstar Group (ESGR), Selective Insurance Group (SIGI), RLI (RLI), Mercury General (MCY), AmTrust Financial Services (AFSI), White Mountains Insurance Group (WTM), National General (NGHC), ASPEN INS HOLDI/SH (AHL), ProAssurance (PRA), Navigators Group (NAVG), Horace Mann Educators (HMN) and Employers (EIG).
What other stocks do shareholders of Safety Insurance Group own?
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 retail and institutional investors. Top institutional investors include BlackRock Inc. (13.99%), Dimensional Fund Advisors LP (7.75%), Northern Trust Corp (3.57%), Bank of New York Mellon Corp (2.35%), Geode Capital Management LLC (1.12%) and Principal Financial Group Inc. (0.81%). Company insiders that own Safety Insurance Group stock include David D Mckown, David E Krupa, David F Brussard, Frederic H Lindeberg, George Murphy, James Berry 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 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., AltraVue Capital LLC, Bank of New York Mellon Corp, Chicago Equity Partners LLC, Martingale Asset Management L P, Geode Capital Management LLC, Bessemer Group Inc. and Rhumbline Advisers. 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 $92.94.
How big of a company is Safety Insurance Group?
Safety Insurance Group has a market capitalization of $1.42 billion and generates $839.11 million in revenue each year. Safety Insurance Group employs 623 workers across the globe.
What is Safety Insurance Group's official website?
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)
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.
