Safety Insurance Group, Inc. (SAFT)

NASDAQ: SAFT · IEX Real-Time Price · USD
84.97
-1.98 (-2.28%)
Feb 23, 2024, 4:00 PM EST - Market closed
-2.28%
Market Cap 1.26B
Revenue (ttm) 899.16M
Net Income (ttm) 31.24M
Shares Out 14.79M
EPS (ttm) 2.11
PE Ratio 40.27
Forward PE 108.19
Dividend $3.60 (4.24%)
Ex-Dividend Date Feb 29, 2024
Volume 62,149
Open 87.10
Previous Close 86.95
Day's Range 84.70 - 87.51
52-Week Range 65.78 - 88.72
Beta 0.20
Analysts n/a
Price Target n/a
Earnings Date Feb 27, 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]

Sector Financials
Founded 1979
Employees 538
Stock Exchange NASDAQ
Ticker Symbol SAFT
Full Company Profile

Financial Performance

In 2022, SAFT's revenue was $797.56 million, a decrease of -9.87% compared to the previous year's $884.91 million. Earnings were $46.56 million, a decrease of -64.38%.

Financial Statements

News

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...

9 days ago - Business Wire

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...

4 months ago - Business Wire

How To 4X Your Income & Beat Back Volatility

Today we'll discuss five of the steadiest dividend stocks on the planet. And let's not confuse stability with penny pinching—these cash cows yield up to 11%!

Other symbols: CALMOHITRSTUVV
6 months ago - Forbes

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...

7 months ago - Business Wire

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - Business Wire

20 dividend stocks that may be safest if the Federal Reserves causes a recession

Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions.

1 year ago - Market Watch

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...

1 year ago - Business Wire

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

1 year ago - Business Wire

5 Market-Beating Yields Defying This Downturn

In the current environment, with more downside likely to come, one of the best things you and I can do is nothing.

Other symbols: AMCRKNEMSR
1 year ago - Forbes

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

Safety Announces Board Refreshment and Corporate Governance Enhancement Plan

BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ: SAFT) (“Safety” or “Company”) announced today its latest measures as part of its ongoing board refreshment and corporate governance enhan...

2 years ago - Business Wire

Safety Announces Third Quarter 2021 Results and Declares Fourth Quarter 2021 Dividend

BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company”) today reported third quarter 2021 results. Net income for the quarter ended September 30, 2021 was $24.8 million, or...

2 years ago - Business Wire

Safety Announces Second Quarter 2021 Results and Declares Third Quarter 2021 Dividend

BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company”) today reported second quarter 2021 results. Net income for the quarter ended June 30, 2021 was $37.7 million, or $2....

2 years ago - Business Wire

Safety Announces First Quarter 2021 Results and Declares Second Quarter 2021 Dividend

BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company”) today reported first quarter 2021 results. Net income for the quarter ended March 31, 2021 was $36.2 million, or $2....

3 years ago - Business Wire

Safety Announces Fourth Quarter and Year End 2020 Results

BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company”) today reported fourth quarter 2020 results. Net income for the quarter ended December 31, 2020 was $53.0 million, or...

3 years ago - Business Wire