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

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$86.09 -0.78 (-0.90 %)
(As of 11/13/2018 11:07 AM ET)
Previous Close$86.87
Today's Range$86.09 - $86.09
52-Week Range$70.45 - $99.70
Volume3 shs
Average Volume29,093 shs
Market Capitalization$1.33 billion
P/E Ratio17.36
Dividend Yield3.69%
Beta0.65
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

Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:SAFT
Previous Symbol
CUSIP78648T10
Phone617-951-0600

Debt

Debt-to-Equity RatioN/A
Current Ratio0.38
Quick Ratio0.38

Price-To-Earnings

Trailing P/E Ratio17.36
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$839.11 million
Price / Sales1.57
Cash Flow$4.8474 per share
Price / Cash17.76
Book Value$46.06 per share
Price / Book1.87

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$62.38 million
Net Margins8.99%
Return on Equity11.02%
Return on Assets4.21%

Miscellaneous

Employees623
Outstanding Shares15,290,000
Market Cap$1.33 billion
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 Wednesday, October 31st. Shareholders of record on Monday, December 3rd will be paid a dividend of $0.80 per share on Friday, December 14th. This represents a $3.20 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Friday, November 30th. 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, topping the Zacks' consensus estimate of $1.55 by $0.26. The insurance provider earned $207.97 million during the quarter. Safety Insurance Group had a return on equity of 11.02% and a net margin of 8.99%. 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 Monday, February 25th 2019. View Earnings Estimates for Safety Insurance Group.

What price target have analysts set for SAFT?

1 brokerages have issued twelve-month price objectives for Safety Insurance Group's stock. 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 year. This suggests that the stock has a possible downside of 19.5%. 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?

News coverage about SAFT stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Safety Insurance Group earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Safety Insurance Group's key competitors?

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 51)
  • Mr. William Joseph Begley Jr., VP, CFO, Sec., Principal Accounting Officer & Treasurer (Age 63)
  • Mr. James David Berry CPCU, VP of Underwriting (Age 58)
  • Mr. David Ernest Krupa CPCU, VP of Property Claims (Age 57)
  • Mr. Paul Jorge Narciso, VP of Casualty Claims (Age 54)

Who are Safety Insurance Group's major shareholders?

Safety Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.58%), Bank of New York Mellon Corp (2.25%), Wells Fargo & Company MN (0.57%), Martingale Asset Management L P (0.30%), Rhumbline Advisers (0.23%) and Ronna Sue Cohen (0.20%). 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, Paul J Narciso 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 JPMorgan Chase & Co., First Trust Advisors LP, Ronna Sue Cohen, Credit Suisse AG, Prudential Financial Inc., Bank of New York Mellon Corp, Nisa Investment Advisors LLC and SG Americas Securities LLC. Company insiders that have sold Safety Insurance Group company stock in the last year include David D Mckown, David E Krupa, David F Brussard, Frederic H Lindeberg and James Berry. View Insider Buying and Selling for Safety Insurance Group.

Which institutional investors are buying Safety Insurance Group stock?

SAFT stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., BlackRock Inc., Bank of Montreal Can, WINTON GROUP Ltd, State of Alaska Department of Revenue, Martingale Asset Management L P, Victory Capital Management Inc. and Wells Fargo & Company MN. 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 $87.00.

How big of a company is Safety Insurance Group?

Safety Insurance Group has a market capitalization of $1.33 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?

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:  105 (Vote Outperform)
Underperform Votes:  145 (Vote Underperform)
Total Votes:  250
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 11/13/2018 by MarketBeat.com Staff

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