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DIS   93.38 (+0.90%)
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NASDAQ:SAFT

Safety Insurance Group - SAFT Stock Forecast, Price & News

$85.14
-1.88 (-2.16%)
(As of 12/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$85.14
▼
$86.80
50-Day Range
$77.64
▼
$91.93
52-Week Range
$76.78
▼
$99.75
Volume
42,367 shs
Average Volume
65,752 shs
Market Capitalization
$1.25 billion
P/E Ratio
23.52
Dividend Yield
4.14%
Price Target
N/A

Safety Insurance Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.02% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.42
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$19,185 Sold Last Quarter
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.

1.91 out of 5 stars

Finance Sector

702nd out of 862 stocks

Fire, Marine, & Casualty Insurance Industry

33rd out of 45 stocks

See Top Rated MarketRank™ Stocks Here
SAFT stock logo

About Safety Insurance Group (NASDAQ:SAFT) Stock

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in 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 and business owner 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 headquartered in Boston, Massachusetts.

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SAFT Stock News Headlines

November 9, 2022 | finance.yahoo.com
Safety Insurance Group Third Quarter 2022 Earnings: EPS: US$0.42 (vs US$1.65 in 3Q 2021)
November 2, 2022 | finance.yahoo.com
Safety Insurance Group, Inc. Announces Third Quarter 2022 Results and Declares Fourth Quarter 2022 Dividend
December 9, 2022 | Investing Trends (Ad)
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
November 1, 2022 | seekingalpha.com
SAFT Safety Insurance Group, Inc.
October 6, 2022 | nasdaq.com
RSI Alert: Safety Insurance Group Now Oversold
October 6, 2022 | finance.yahoo.com
Safety Insurance Group, Inc. Announces Intent to Acquire Northeast Metrowest Insurance Agency
September 20, 2022 | finance.yahoo.com
Declining Stock and Decent Financials: Is The Market Wrong About Safety Insurance Group, Inc. (NASDAQ:SAFT)?
August 26, 2022 | seekingalpha.com
Safety Insurance: Sound Despite Inflationary Headwinds
December 9, 2022 | Investing Trends (Ad)
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
August 23, 2022 | reuters.com
Safety Insurance Group Inc
August 7, 2022 | finance.yahoo.com
Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of $0.90
August 3, 2022 | finance.yahoo.com
Safety Insurance Group, Inc. Announces Second Quarter 2022 Results and Declares Third Quarter 2022 Dividend
August 1, 2022 | nasdaq.com
Notable Two Hundred Day Moving Average Cross - SAFT
August 1, 2022 | nasdaq.com
Safety Insurance Group is Oversold
July 24, 2022 | nasdaq.com
SAFT Dividend Yield Pushes Above 4%
July 7, 2022 | morningstar.com
Safety Insurance Group Inc - Stock Ownership SAFT
May 27, 2022 | finance.yahoo.com
Safety Insurance Announces Conference Call Information Change for 2022 Annual Meeting of Shareholders
May 27, 2022 | finance.yahoo.com
There's A Lot To Like About Safety Insurance Group's (NASDAQ:SAFT) Upcoming US$0.90 Dividend
May 26, 2022 | finance.yahoo.com
AM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and Key Subsidiaries
May 23, 2022 | finance.yahoo.com
Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of US$0.90
May 13, 2022 | nasdaq.com
Safety Insurance Group Enters Oversold Territory
May 9, 2022 | finance.yahoo.com
Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
May 4, 2022 | finance.yahoo.com
Safety Insurance Group, Inc. Announces First Quarter 2022 Results and Declares Second Quarter 2022 Dividend
March 31, 2022 | apnews.com
Ides Capital Delivers Letter Commenting on Recent Changes at Safety Insurance Group
March 25, 2022 | finance.yahoo.com
Safety Announces Board Refreshment With the Addition of John D. Farina and Deborah E. Gray
February 24, 2022 | nasdaq.com
Safety Insurance Group Shares Cross Below 200 DMA
February 24, 2022 | benzinga.com
Recap: Safety Insurance Group Q4 Earnings
See More Headlines
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SAFT Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Ex-Dividend for 12/15 Dividend
11/30/2022
Today
12/09/2022
Dividend Payable
12/15/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/22/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
Current Symbol
NASDAQ:SAFT
CUSIP
78648T10
CIK
1172052
Web
www.safetyinsurance.com
Phone
(617) 951-0600
Fax
617-603-4837
Employees
552
Year Founded
1979

Profitability

EPS (Most Recent Fiscal Year)
$3.62
Trailing P/E Ratio
23.52
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$130.71 million
Net Margins
6.77%
Pretax Margin
8.54%
Return on Equity
9.79%
Return on Assets
4.16%

Debt

Debt-to-Equity Ratio
0.04
Current Ratio
0.36
Quick Ratio
0.36

Sales & Book Value

Annual Sales
$884.91 million
Price / Sales
1.42
Cash Flow
$7.66 per share
Price / Cash Flow
11.11
Book Value
$61.88 per share
Price / Book
1.38

Miscellaneous

Outstanding Shares
14,738,000
Free Float
14,119,000
Market Cap
$1.25 billion
Optionable
Optionable
Beta
0.28

Social Links


Key Executives

  • Mr. George Michael Murphy CPCU (Age 55)
    Pres, CEO & Director
    Comp: $2.44M
  • Mr. Christopher Thomas Whitford (Age 39)
    VP, CFO & Sec.
    Comp: $774.3k
  • Mr. James David Berry CPCU (Age 62)
    VP of Underwriting
    Comp: $1.05M
  • Mr. John Patrick Drago (Age 55)
    VP of Marketing
  • Mr. Glenn Robert Hiltpold (Age 51)
    VP of Actuarial Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SAFT Stock - Frequently Asked Questions

How have SAFT shares performed in 2022?

Safety Insurance Group's stock was trading at $85.03 at the beginning of the year. Since then, SAFT shares have increased by 0.2% and is now trading at $85.23.
View the best growth stocks for 2022 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 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 trailing twelve-month return on equity of 9.79% and a net margin of 6.77%.

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. Investors of record on Thursday, December 1st will be given a dividend of $0.90 per share on Thursday, December 15th. This represents a $3.60 annualized dividend and a dividend yield of 4.22%. 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 4.15%. 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.63%), Bank of New York Mellon Corp (12.60%), Bank of New York Mellon Corp (12.60%), Vanguard Group Inc. (10.99%), Victory Capital Management Inc. (5.59%) and State Street Corp (5.18%). 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 $85.23.

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.

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 12/9/2022 by MarketBeat.com Staff