Safety Insurance Group/SAFT

$76.67

-0.16%
-
1D1W1MYTD1YMAX

About Safety Insurance Group

Safety Insurance Group, Inc. is a provider of private passenger automobile, commercial automobile, and homeowners’ insurance in Massachusetts. In addition to these coverages, it offers a portfolio of a portfolio of other insurance products, including dwelling fire, umbrella, and business owner policies. Its product line includes private passenger automobile, commercial automobile, homeowners, business owner policies, personal umbrella, dwelling fire, commercial umbrella, inland marine, and Watercraft. Private passenger automobile and commercial automobile polices provide coverage for bodily injury and property damage to others, no-fault personal injury coverage, and physical damage coverage for an insured's own vehicle for collision or other perils. Homeowners write policies on homes, condominiums, and apartments. Inland marine provides additional coverage for jewelry, fine arts, and other items that a homeowner. Business owner policies serve small and medium-sized commercial accounts.

Ticker

SAFT

Sector

Financials

Trading on

NASDAQ

Industry

Insurance (Prop. & Casualty)

CEO

George Murphy

Employees

539

Headquarters

Boston, United States

SAFT Metrics

BasicAdvanced
$1.1B
Market cap
22.07
P/E ratio
$3.47
EPS
0.17
Beta
$3.60
Dividend rate
4.7%
Dividend yield
$1.1B
0.16998
$88.72
$65.78
48K
$3.60
3.717
103.85%
2.51%
6.34%
22.072
1.18
1.409
1.453
4.28%
4.7%
4.7%
15.34%
94.55%
3.43%
-48.19%

SAFT Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.76% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$258M
3.71%
Net income
$20M
63.93%
Profit margin
7.76%
58.04%

SAFT Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 172%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.80
$0.59
$0.30
$1.36
-
Expected
$1.20
$1.00
$0.77
$0.50
$1.30
Surprise
-33.33%
-41%
-61.04%
172%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Safety Insurance Group stock?

Safety Insurance Group (SAFT) has a market cap of $1.1B as of May 28, 2024.

What is the P/E ratio for Safety Insurance Group stock?

The price to earnings (P/E) ratio for Safety Insurance Group (SAFT) stock is 22.07 as of May 28, 2024.

Does Safety Insurance Group stock pay dividends?

Yes, the Safety Insurance Group (SAFT) stock pays dividends to shareholders. As of May 28, 2024, the dividend rate is $3.6 and the yield is 4.7%. Safety Insurance Group has a payout ratio of 103.85% on a trailing twelve-month basis.

When is the next Safety Insurance Group dividend payment date?

The next Safety Insurance Group (SAFT) dividend payment is scheduled for June 14, 2024.

What is the beta indicator for Safety Insurance Group?

Safety Insurance Group (SAFT) has a beta rating of 0.17. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Safety Insurance Group stock price target?

The target price for Safety Insurance Group (SAFT) stock is $, which is 100% below the current price of $76.67. This is an average based on projections from analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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