SAFT RSI Chart
Last 7 days
2.9%
Last 30 days
1.9%
Last 90 days
-0.3%
Trailing 12 Months
10.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 816.3M | 862.2M | 899.2M | 931.0M |
2022 | 858.0M | 818.7M | 797.4M | 797.6M |
2021 | 887.1M | 902.2M | 893.5M | 884.9M |
2020 | 836.2M | 828.0M | 835.1M | 846.2M |
2019 | 849.4M | 857.4M | 856.8M | 877.8M |
2018 | 844.1M | 843.8M | 847.2M | 836.5M |
2017 | 824.8M | 830.1M | 832.5M | 839.1M |
2016 | 799.7M | 805.1M | 813.9M | 819.8M |
2015 | 785.7M | 790.4M | 795.6M | 798.0M |
2014 | 754.6M | 763.5M | 771.9M | 778.8M |
2013 | 715.3M | 724.5M | 734.7M | 745.3M |
2012 | 671.8M | 682.5M | 692.0M | 703.9M |
2011 | 623.2M | 635.7M | 649.3M | 660.2M |
2010 | 0 | 598.9M | 605.8M | 612.7M |
2009 | 0 | 0 | 0 | 592.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 06, 2024 | varga stephen albert | sold | -71,415 | 79.35 | -900 | vp - mis |
Mar 04, 2024 | narciso paul j | sold (taxes) | -57,112 | 80.44 | -710 | vp - claims |
Mar 04, 2024 | drago john patrick | sold (taxes) | -47,620 | 80.44 | -592 | vp - marketing |
Mar 04, 2024 | berry james | sold (taxes) | -51,320 | 80.44 | -638 | vp - underwriting |
Mar 04, 2024 | hiltpold glenn | sold (taxes) | -30,969 | 80.44 | -385 | vp of actuarial services |
Mar 04, 2024 | mckeown ann marie | sold (taxes) | -40,541 | 80.44 | -504 | v.p insurance operations |
Mar 04, 2024 | whitford christopher thomas | sold (taxes) | -56,468 | 80.44 | -702 | vp, cfo and secretary |
Mar 04, 2024 | varga stephen albert | sold (taxes) | -57,032 | 80.44 | -709 | vp - mis |
Mar 04, 2024 | murphy george | sold (taxes) | -123,073 | 80.44 | -1,530 | president and ceo |
Mar 01, 2024 | varga stephen albert | sold (taxes) | -80,852 | 80.37 | -1,006 | vp - mis |
Which funds bought or sold SAFT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | Silver Lake Advisory, LLC | reduced | -1.98 | 191,072 | 3,362,070 | 1.50% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -18.88 | -52,000 | 371,000 | -% |
Apr 23, 2024 | Louisiana State Employees Retirement System | reduced | -1.35 | 37,661 | 599,987 | 0.01% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | reduced | -9.58 | -28,068 | 1,243,720 | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 58,975 | 574,560 | -% |
Apr 19, 2024 | Maryland State Retirement & Pension System | reduced | -2.17 | 6,303 | 420,297 | 0.01% |
Apr 19, 2024 | State of Alaska, Department of Revenue | reduced | -0.98 | 49,000 | 740,000 | 0.01% |
Apr 18, 2024 | Allspring Global Investments Holdings, LLC | added | 4.15 | 143,599 | 1,279,040 | -% |
Apr 18, 2024 | FARMERS & MERCHANTS INVESTMENTS INC | unchanged | - | 68.00 | 904 | -% |
Apr 17, 2024 | PhiloSmith Capital Corp | unchanged | - | 22,940 | 304,103 | 0.09% |
Unveiling Safety Insurance Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Safety Insurance Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.0T | 1.3B | -4.8K | 757.88 | ||||
AJG | 51.6B | 10.1B | 53.16 | 5.12 | ||||
AIG | 51.0B | 46.8B | 14.01 | 1.09 | ||||
TRV | 49.1B | 42.9B | 15.63 | 1.14 | ||||
AFL | 48.3B | 18.7B | 10.37 | 2.58 | ||||
ACGL | 35.1B | 13.6B | 7.9 | 2.57 | ||||
AFG | 10.8B | 7.8B | 12.73 | 1.39 | ||||
MID-CAP | ||||||||
UNM | 9.9B | 12.4B | 7.73 | 0.8 | ||||
AIZ | 9.2B | 11.1B | 14.27 | 0.82 | ||||
LNC | 4.9B | 11.6B | -6.48 | 0.42 | ||||
AEL | 4.5B | 2.8B | 21.22 | 1.58 | ||||
SMALL-CAP | ||||||||
BRP | 1.7B | 1.2B | -18.68 | 1.38 | ||||
AMSF | 974.0M | 306.9M | 15.68 | 3.17 | ||||
AMBC | 661.7M | 269.0M | 147.04 | 2.46 | ||||
AAME | 39.2M | 186.8M | -229.08 | 0.21 |
Safety Insurance Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 12.7% | 258 | 229 | 229 | 214 | 227 | 192 | 184 | 195 | 226 | 214 | 223 | 222 | 235 | 222 | 208 | 181 | 224 | 215 | 216 | 223 | 203 |
Operating Expenses | - | - | - | - | - | - | 60.00 | 61.00 | 62.00 | 65.00 | 63.00 | 65.00 | 65.00 | 71.00 | 69.00 | 64.00 | 63.00 | 62.00 | 61.00 | 61.00 | 60.00 | 62.00 |
EBITDA Margin | -35.2% | 0.03* | 0.05* | 0.06* | 0.05* | 0.08* | 0.09* | 0.12* | 0.16* | 0.19* | 0.22* | 0.25* | 0.26* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -12.9% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Income Taxes | 568.3% | 4.00 | 1.00 | 4.00 | -2.97 | 7.00 | 2.00 | 2.00 | 2.00 | 8.00 | 6.00 | 10.00 | 9.00 | 15.00 | 12.00 | 11.00 | -0.84 | 7.00 | 4.00 | 7.00 | 6.00 | 5.00 |
Earnings Before Taxes | 537.5% | 16.00 | 2.00 | 21.00 | -15.31 | 32.00 | 8.00 | 10.00 | 10.00 | 40.00 | 31.00 | 47.00 | 45.00 | 68.00 | 57.00 | 53.00 | -2.83 | 35.00 | 19.00 | 33.00 | 36.00 | 23.00 |
EBT Margin | -41.7% | 0.03* | 0.04* | 0.05* | 0.04* | 0.07* | 0.09* | 0.11* | 0.15* | 0.19* | 0.21* | 0.24* | 0.25* | - | - | - | - | - | - | - | - | - |
Net Income | 529.1% | 12.00 | 2.00 | 17.00 | -12.34 | 25.00 | 6.00 | 8.00 | 8.00 | 32.00 | 25.00 | 38.00 | 36.00 | 53.00 | 45.00 | 42.00 | -1.99 | 28.00 | 16.00 | 26.00 | 30.00 | 18.00 |
Net Income Margin | -41.6% | 0.02* | 0.03* | 0.04* | 0.03* | 0.06* | 0.07* | 0.09* | 0.12* | 0.15* | 0.17* | 0.19* | 0.20* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 16.9% | 35.00 | 30.00 | -0.56 | -13.43 | 20.00 | 23.00 | 15.00 | -15.97 | 29.00 | 47.00 | 48.00 | 10.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.0% | 2,094 | 2,052 | 2,016 | 1,990 | 1,973 | 1,934 | 1,947 | 1,991 | 2,117 | 2,145 | 2,108 | 2,046 | 2,054 | 2,047 | 2,019 | 1,931 | 2,023 | 2,034 | 1,973 | 1,918 | 1,856 |
Cash Equivalents | 23.5% | 38.00 | 31.00 | 25.00 | 15.00 | 25.00 | 34.00 | 39.00 | 35.00 | 64.00 | 45.00 | 82.00 | 52.00 | 54.00 | 60.00 | 45.00 | 42.00 | 44.00 | 47.00 | 38.00 | 23.00 | 38.00 |
Goodwill | 0% | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liabilities | 0.6% | 1,290 | 1,282 | 1,222 | 1,187 | 1,161 | 1,150 | 1,129 | 1,129 | 1,190 | 1,217 | 1,188 | 1,155 | 1,170 | 1,209 | 1,202 | 1,169 | 1,214 | 1,242 | 1,190 | 1,163 | 1,138 |
Shareholder's Equity | 4.5% | 804 | 770 | 794 | 803 | 812 | 784 | 819 | 862 | 927 | 928 | 920 | 890 | 885 | 838 | 817 | 762 | 808 | 793 | 784 | 756 | 719 |
Retained Earnings | -0.1% | 781 | 782 | 793 | 790 | 815 | 804 | 811 | 816 | 822 | 803 | 792 | 768 | 745 | 705 | 674 | 646 | 662 | 647 | 645 | -2.37 | 617 |
Additional Paid-In Capital | 0.5% | 226 | 225 | 224 | 223 | 222 | 221 | 219 | 218 | 216 | 215 | 213 | 212 | 210 | 208 | 206 | 204 | 202 | 201 | 200 | 198 | 196 |
Shares Outstanding | 0.1% | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,040 | - | - | - | 1,371 | - | - | - | 1,124 | - | - | - | 1,096 | - | - | - | 1,393 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 14.9% | 35,051 | 30,501 | -546 | -12,892 | 20,960 | 23,641 | 15,001 | -15,276 | 30,810 | 47,994 | 50,067 | 12,523 | 33,348 | 50,883 | 53,744 | -28,515 | 42,805 | 56,234 | 21,429 | -8,012 | 37,294 |
Share Based Compensation | 31.1% | 1,080 | 824 | 1,173 | 1,255 | 1,294 | 1,302 | 1,301 | 2,083 | 1,494 | 1,498 | 1,440 | 1,860 | 1,666 | 1,983 | 2,066 | 1,744 | 1,485 | 1,192 | 1,630 | 1,723 | 2,302 |
Cashflow From Investing | -114.6% | -14,614 | -6,811 | 39,039 | 6,655 | -21,154 | -15,951 | 1,993 | 15,124 | 13,016 | -72,290 | -5,901 | -814 | -26,027 | -4,607 | -25,186 | 20,296 | -32,137 | -32,977 | 5,864 | 6,286 | -38,883 |
Cashflow From Financing | 27.5% | -13,179 | -18,184 | -28,421 | -3,747 | -8,141 | -13,138 | -13,142 | -28,220 | -24,926 | -13,365 | -13,365 | -13,915 | -13,301 | -31,284 | -25,368 | 5,379 | -13,743 | -13,743 | -12,217 | -12,964 | -12,146 |
Dividend Payments | 0.0% | 13,179 | 13,184 | 13,181 | 13,747 | 13,141 | 13,138 | 13,142 | 13,617 | 13,363 | 13,365 | 13,365 | 13,915 | 13,301 | 13,430 | 13,615 | 14,229 | 13,743 | 13,743 | 12,217 | 12,964 | 12,146 |
Buy Backs | - | - | - | - | - | - | - | - | 14,603 | - | - | - | - | - | 17,854 | 11,753 | 10,392 | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues | |||
Net earned premiums | $ 834,414 | $ 758,505 | $ 774,328 |
Net investment income | 56,377 | 46,725 | 44,135 |
Earnings from partnership investments | 5,540 | 12,484 | 19,829 |
Net realized gains on investments | 1,327 | 9,190 | 14,885 |
Change in unrealized gains on equity securities | 7,502 | (44,386) | 16,130 |
Credit loss (expense) benefit | (530) | 14 | 363 |
Commission income | 6,932 | 566 | |
Finance and other service income | 19,394 | 14,461 | 15,241 |
Total revenue | 930,956 | 797,559 | 884,911 |
Expenses | |||
Losses and loss adjustment expenses | 642,302 | 491,979 | 461,727 |
Underwriting, operating and related expenses | 256,580 | 245,145 | 258,392 |
Other expense | 6,836 | 330 | |
Interest expense | 818 | 524 | 522 |
Total expenses | 906,536 | 737,978 | 720,641 |
Income before income taxes | 24,420 | 59,581 | 164,270 |
Income tax expense | 5,545 | 13,020 | 33,560 |
Net income | $ 18,875 | $ 46,561 | $ 130,710 |
Earnings per weighted average common share: | |||
Basic (in dollars per share) | $ 1.28 | $ 3.17 | $ 8.85 |
Diluted (in dollars per share) | 1.28 | 3.15 | 8.80 |
Cash dividends paid per common share (in dollars per share) | $ 3.60 | $ 3.60 | $ 3.60 |
Number of shares used in computing earnings per share: | |||
Basic (in shares) | 14,663,730 | 14,607,483 | 14,828,736 |
Diluted (in shares) | 14,710,131 | 14,710,611 | 14,925,726 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturities, available for sale, at fair value (amortized cost: $1,120,682 and $1,152,779, allowance for expected credit losses of $1,208 and $678) | $ 1,052,145 | $ 1,050,155 |
Equity securities, at fair value (cost: $221,809 and $231,444) | 238,022 | 240,155 |
Other invested assets | 133,946 | 112,850 |
Total investments | 1,424,113 | 1,403,160 |
Cash and cash equivalents | 38,152 | 25,300 |
Accounts receivable, net of allowance for expected credit losses of $1,053 and $1,446 | 256,687 | 192,542 |
Receivable for securities sold | 124 | 877 |
Accrued investment income | 7,261 | 8,212 |
Taxes recoverable | 623 | |
Receivable from reinsurers related to paid loss and loss adjustment expenses | 13,129 | 12,988 |
Receivable from reinsurers related to unpaid loss and loss adjustment expenses | 112,623 | 93,394 |
Ceded unearned premiums | 32,346 | 28,453 |
Deferred policy acquisition costs | 91,917 | 75,582 |
Deferred income taxes | 12,150 | 21,074 |
Equity and deposits in pools | 35,247 | 33,648 |
Operating lease right-of-use-assets | 19,756 | 23,336 |
Goodwill | 17,093 | 17,093 |
Intangible assets | 7,551 | 7,856 |
Other assets | 25,232 | 29,054 |
Total assets | 2,094,004 | 1,972,569 |
Liabilities | ||
Loss and loss adjustment expense reserves | 603,081 | 549,598 |
Unearned premium reserves | 528,150 | 433,375 |
Accounts payable and accrued liabilities | 64,235 | 73,875 |
Payable for securities purchased | 1,863 | 1,359 |
Payable to reinsurers | 15,941 | 11,444 |
Taxes payable | 1,729 | |
Debt | 30,000 | 35,000 |
Operating lease liabilities | 19,756 | 23,336 |
Other liabilities | 26,711 | 30,854 |
Total liabilities | 1,289,737 | 1,160,570 |
Commitments and contingencies (Note 8) | ||
Shareholders' equity | ||
Common stock: $0.01 par value; 30,000,000 shares authorized; 17,949,484 and 17,879,095 shares issued | 179 | 179 |
Additional paid-in capital | 226,380 | 222,049 |
Accumulated other comprehensive (loss) income, net of taxes | (53,191) | (80,538) |
Retained earnings | 781,192 | 815,309 |
Treasury stock, at cost: 3,157,577 and 3,083,364 shares | (150,293) | (145,000) |
Total shareholders' equity | 804,267 | 811,999 |
Total liabilities and shareholders' equity | $ 2,094,004 | $ 1,972,569 |