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

Company Overview

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, which offers an excess liability product to clients, 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.

Key Stats

• Today's Range: $78.66 to $80.22
• 50-Day Range: $75.27 to $79.84
• 52-Week Range: $73.38 to $90.00
• Volume: 48,275 shs
• Average Volume: 52,670 shs
• Market Capitalization: $1.19 billion
• P/E Ratio: 15.84
• Dividend Yield: 4.50%
• Price Target: N/A
• Consensus Rating: N/A

Safety Insurance Group Stock Analysis - MarketRank™

Safety Insurance Group scored higher than 44% of companies evaluated by MarketBeat, and ranked 707th out of 952 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 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Safety Insurance Group is 15.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.46.

Price to Book Value per Share Ratio

Safety Insurance Group has a P/B Ratio of 1.46. 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

0.69% 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 1.7, 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 32.49%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Safety Insurance Group is a leading dividend payer. It pays a dividend yield of 4.53%, 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 75.47%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

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

Percentage of Shares Shorted

0.69% 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 1.7, 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 32.49%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.24

News Sentiment

Safety Insurance Group has a news sentiment score of 1.24. 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 1.01 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Safety Insurance Group this week, compared to 1 article on an average week.

Search Interest

3 people have searched for SAFT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Safety Insurance Group insiders have not sold or bought any 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 2025. Since then, SAFT stock has decreased by 3.5% and is now trading at $79.54.
View the best growth stocks for 2025 here.

How were Safety Insurance Group's earnings last quarter?

Safety Insurance Group, Inc. (NASDAQ:SAFT) posted its earnings results on Tuesday, February, 25th. The insurance provider reported $0.94 EPS for the quarter, missing analysts' consensus estimates of $1.17 by $0.23. The insurance provider had revenue of $286.72 million for the quarter. Safety Insurance Group had a net margin of 6.86% and a trailing twelve-month return on equity of 6.35%.

Does Safety Insurance Group have any subsidiaries?

Safety Insurance Group subsidiaries include these companies: 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.

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

• Last Earnings: 2/25/2025
• Record date for 3/14 Dividend: 3/03/2025
• Ex-Dividend for 3/14 Dividend: 3/03/2025
• Dividend Payable: 3/14/2025
• Today: 4/01/2025
• Next Earnings (Estimated): 5/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• 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 (Most Recent Fiscal Year): $4.77
• Trailing P/E Ratio: 15.83
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $18.88 million
• Net Margins: 6.86%
• Pretax Margin: 8.75%
• Return on Equity: 6.35%
• Return on Assets: 2.41%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.43
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $1.11 billion
• Price / Sales: 1.07
• Cash Flow: $1.32 per share
• Price / Cash Flow: 60.56
• Book Value: $54.37 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 14,838,000
• Free Float: 14,541,000
• Market Cap: $1.19 billion
• Optionable: Optionable
• Beta: 0.13