Safety Insurance Group - SAFT Stock Forecast, Price & News

Safety Insurance Group's stock was trading at $85.03 at the beginning of 2022. Since then, SAFT stock has decreased by 3.0% and is now trading at $82.46.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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Safety Insurance Group, Inc. (NASDAQ:SAFT) announced its quarterly earnings results on Wednesday, November, 3rd. The insurance provider reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.55. The insurance provider earned $213.71 million during the quarter. Safety Insurance Group had a trailing twelve-month return on equity of 10.42% and a net margin of 8.87%.

Safety Insurance Group announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Thursday, September 1st will be given a dividend of $0.90 per share on Thursday, September 15th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for SAFT.

Safety Insurance Group (NASDAQ:SAFT) pays an annual dividend of $3.60 per share and currently has a dividend yield of 4.37%. SAFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SAFT.

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.

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).

Safety Insurance Group trades on the NASDAQ under the ticker symbol "SAFT."

Safety Insurance Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (5.10%), Victory Capital Management Inc. (4.34%), Robeco Institutional Asset Management B.V. (1.87%), AltraVue Capital LLC (1.54%), Renaissance Technologies LLC (1.22%) and Northern Trust Corp (1.21%). 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.
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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.
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One share of SAFT stock can currently be purchased for approximately $82.46.

Safety Insurance Group (NASDAQ:SAFT) has a market capitalization of $1.22 billion and generates $884.91 million in revenue each year. The insurance provider earns $130.71 million in net income (profit) each year or $4.84 on an earnings per share basis.

The company employs 552 workers across the globe.

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.