Safety Insurance Group (SAFT) Stock Price, News & Analysis

Company Overview

Safety Insurance Group, Inc. is a publicly traded property and casualty insurance holding company incorporated in Massachusetts in 1994. Its principal subsidiary, Safety Insurance Company, traces its roots back to 1923 and has since evolved into a regional personal lines insurer. The company is headquartered in Boston, Massachusetts, and trades on the Nasdaq under the symbol SAFT.

Safety Insurance Group focuses primarily on private passenger automobile and homeowners insurance products, along with dwelling fire, umbrella liability, and certain commercial auto coverages. Its policies are underwritten through a network of independent insurance agents, allowing the company to serve individuals, families and small businesses with tailored personal lines solutions. The group concentrates its operations in the New England region, chiefly in Massachusetts, New Hampshire, Maine and Rhode Island.

The company emphasizes disciplined underwriting and prudent risk management to maintain long-term profitability. It invests in technology and customer service platforms designed to streamline the policyholder experience, from initial quote through claims handling. Safety Insurance Group’s leadership team comprises seasoned insurance professionals with deep experience in regional markets and personal lines underwriting strategy.

Over its history, Safety Insurance Group has pursued measured growth and has remained committed to serving New England communities. By balancing conservative underwriting with investments in digital capabilities and agent partnerships, the company aims to sustain stable results and maintain strong customer relationships in its targeted markets.

Key Stats

• Today's Range: $72.13 to $73.07
• 50-Day Range: $69.30 to $79.39
• 52-Week Range: $68.76 to $90.00
• Volume: 116,463 shs
• Average Volume: 98,744 shs
• Market Capitalization: $1.09 billion
• P/E Ratio: 12.80
• Dividend Yield: 5.04%
• Price Target: N/A
• Consensus Rating: N/A

Safety Insurance Group Stock Analysis - MarketRank™

Safety Insurance Group scored higher than 65% of companies evaluated by MarketBeat, and ranked 500th out of 927 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Safety Insurance Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Safety Insurance Group is 12.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 262.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Safety Insurance Group is 12.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 222.44.

Price to Book Value per Share Ratio

Safety Insurance Group has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.03% of the float of Safety Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

Safety Insurance Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Safety Insurance Group has recently increased by 28.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Safety Insurance Group is a leading dividend payer. It pays a dividend yield of 5.11%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Safety Insurance Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Safety Insurance Group is 64.45%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -1.34

Percentage of Shares Shorted

1.03% of the float of Safety Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

Safety Insurance Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Safety Insurance Group has recently increased by 28.76%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.09

News Sentiment

Safety Insurance Group has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.96 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Safety Insurance Group this week, compared to 2 articles on an average week.

Search Interest

1 people have searched for SAFT on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Safety Insurance Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $142,980.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Safety Insurance Group is held by insiders.

Percentage Held by Institutions

81.04% of the stock of Safety Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SAFT Stock Analysis - Frequently Asked Questions

How have SAFT shares performed this year?

Safety Insurance Group's stock was trading at $82.40 at the beginning of the year. Since then, SAFT stock has decreased by 11.3% and is now trading at $73.07.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) announced its earnings results on Wednesday, August, 6th. The insurance provider reported $1.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.60 by $0.15. The insurance provider had revenue of $345.83 million for the quarter. Safety Insurance Group had a net margin of 7.07% and a trailing twelve-month return on equity of 8.34%.

Does Safety Insurance Group have any subsidiaries?

The following companies are subsidiaries of Safety Insurance Group: Thomas Black Corporation, SAFETY ASSET MANAGEMENT CORPORATION, SAFETY INDEMNITY INSURANCE COMPANY, SAFETY INSURANCE COMPANY, SAFETY MANAGEMENT CORPORATION, SAFETY NORTHEAST INSURANCE COMPANY, and SAFETY PROPERTY AND CASUALTY INSURANCE COMPANY.

Who are Safety Insurance Group's major shareholders?

Top institutional investors of Safety Insurance Group include TimesSquare Capital Management LLC (3.71%), Geode Capital Management LLC (2.45%), JPMorgan Chase & Co. (2.08%) and Adage Capital Partners GP L.L.C. (1.60%). Insiders that own company stock include Corp Srb, Stephen Albert Varga, James Berry, Christopher Thomas Whitford, Glenn Hiltpold, Dennis J Langwell, Peter J Manning and Brian Siu-Gae Lam.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Safety Insurance Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Safety Insurance Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Record date for 6/13 Dividend: 6/02/2025
• Ex-Dividend for 6/13 Dividend: 6/02/2025
• Dividend Payable: 6/13/2025
• Last Earnings: 8/06/2025
• Record date for 9/15 Dividend: 9/02/2025
• Ex-Dividend for 9/15 Dividend: 9/02/2025
• Today: 9/04/2025
• Dividend Payable: 9/15/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: INS - PROP&CASLTY
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:SAFT
• CIK: 1172052
• Web: www.safetyinsurance.com
• Phone: (617) 951-0600
• Fax: 617-603-4837
• Employees: 550
• Year Founded: 1979

Profitability

• EPS (Trailing Twelve Months): $5.71
• Trailing P/E Ratio: 12.68
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $70.73 million
• Net Margins: 7.07%
• Pretax Margin: 9.01%
• Return on Equity: 8.34%
• Return on Assets: 3.09%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 0.42
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $1.12 billion
• Price / Sales: 0.96
• Cash Flow: $4.73 per share
• Price / Cash Flow: 15.32
• Book Value: $58.63 per share
• Price / Book: 1.23

Miscellaneous

• Outstanding Shares: 14,890,000
• Free Float: 14,596,000
• Market Cap: $1.08 billion
• Optionable: Optionable
• Beta: 0.28