Safety Insurance Group, Inc. (SAFT)
| Market Cap | 1.16B |
| Revenue (ttm) | 1.03B |
| Net Income (ttm) | 50.70M |
| Shares Out | 14.84M |
| EPS (ttm) | 3.45 |
| PE Ratio | 22.67 |
| Forward PE | n/a |
| Dividend | $3.60 (4.60%) |
| Ex-Dividend Date | Sep 3, 2024 |
| Volume | 30,001 |
| Open | 77.71 |
| Previous Close | 78.13 |
| Day's Range | 77.11 - 78.62 |
| 52-Week Range | 71.99 - 89.46 |
| Beta | 0.16 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 12, 2024 |
About SAFT
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 pa... [Read more]
Financial Performance
In 2023, Safety Insurance Group's revenue was $930.96 million, an increase of 16.73% compared to the previous year's $797.56 million. Earnings were $18.79 million, a decrease of -59.47%.
Financial StatementsNews
Safety Insurance Group, Inc. Announces Second Quarter 2024 Results and Declares Third Quarter 2024 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported second quarter 2024 results. George M. Murphy, Chairman of the Board of Directors, Presid...
Safety Insurance Group, Inc. Announces First Quarter 2024 Results and Declares Second Quarter 2024 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company” or “Safety”) today reported first quarter 2024 results. George M. Murphy, Chairman of the Board of Directors, Preside...
Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 Results
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and year ended 2023 results. George M. Murphy, Chairman of the Board of Di...
Safety Insurance Declares First Quarter 2024 Dividend and Timing of Year-End 2023 Results
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payabl...
Safety Insurance: A Question Of True Safety In Turbulent Insurance Markets
In the past, Safety Insurance was considered a superior insurer compared to Mercury. However, Mercury has demonstrated encouraging signs of profitability recovery. Safety Insurance reported worsened i...
Safety Insurance Group, Inc. Announces Third Quarter 2023 Results and Declares Fourth Quarter 2023 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported third quarter 2023 results. George M. Murphy, President and Chief Executive Officer, comm...
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Safety Insurance Group, Inc. Announces Second Quarter 2023 Results and Declares Third Quarter 2023 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported second quarter 2023 results. George M. Murphy, President and Chief Executive Officer, com...
Safety Insurance Group: A Healthier Mercury Group?
Safety Insurance Group outperforms Mercury General in terms of underwriting performance and market performance. Safety Insurance has maintained a stable dividend and has a healthier financial position...
Safety Insurance Group, Inc. Announces First Quarter 2023 Results and Declares Second Quarter 2023 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company” or “Safety”) today reported first quarter 2023 results. George M. Murphy, President and Chief Executive Officer, comm...
Safety Insurance Group, Inc. Announces Board of Director Updates
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ: SAFT) (“Safety” or the “Company”) announced today the retirement of David F. Brussard and the appointments of Charles J. Brophy III and D...
Safety Insurance Group, Inc. Announces Fourth Quarter and Full Year 2022 Results
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and full year 2022 results. George M. Murphy, President and Chief Executiv...
Safety Insurance Declares First Quarter 2023 Dividend and Timing of Year-End 2022 Results
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payabl...
Safety Insurance Group, Inc. Announces Third Quarter 2022 Results and Declares Fourth Quarter 2022 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported third quarter 2022 results.
Safety Insurance Group, Inc. Announces Intent to Acquire Northeast Metrowest Insurance Agency
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or “the Company”) today announced the execution of a non-binding Letter of Intent to acquire, through a wholly-owned subsi...
Safety Insurance Group, Inc. Announces Second Quarter 2022 Results and Declares Third Quarter 2022 Dividend
BOSTON--(BUSINESS WIRE)--SAFETY INSURANCE GROUP, INC. ANNOUNCES SECOND QUARTER 2022 RESULTS AND DECLARES THIRD QUARTER 2022 DIVIDEND
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Safety Insurance Announces Conference Call Information Change for 2022 Annual Meeting of Shareholders
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ: SAFT) today announced a change for its 2022 Annual Meeting of Shareholders scheduled for Wednesday, June 1, 2022, at 10:00 a.m. to update...
Safety Insurance Group, Inc. Announces First Quarter 2022 Results and Declares Second Quarter 2022 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company” or “Safety”) today reported first quarter 2022 results. George M. Murphy, President and Chief Executive Officer, comm...
Ides Capital Delivers Letter Commenting on Recent Changes at Safety Insurance Group
NEW YORK--(BUSINESS WIRE)--Ides Capital Management, LP (together with its affiliates, “Ides”) is a New York-based investment advisor that engages with corporate boards and management teams to drive lo...
Safety Announces Board Refreshment With the Addition of John D. Farina and Deborah E.
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ: SAFT) (“Safety” or the “Company”) announced today the appointments of John D. Farina and Deborah E. Gray to its Board of Directors, effec...
Ides Capital Sends Letter to Safety Insurance Group Board of Directors
NEW YORK--(BUSINESS WIRE)--Ides Capital Management LP (“Ides Capital”), a shareholder of Safety Insurance Group, Inc. (“Safety Insurance” or the “Company”) (NASDAQ: SAFT), today sent a letter to the C...
Safety Announces Fourth Quarter and Year Ended 2021 Results
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and year ended 2021 results. George M. Murphy, President and Chief Executi...
Safety Declares First Quarter 2022 Dividend and Timing of Year-End 2021 Results
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payabl...