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SAFT

SAFT - Safety Insurance Group Inc Stock Price, Fair Value and News

75.25USD-0.52 (-0.69%)Market Closed

Market Summary

SAFT
USD75.25-0.52
Market Closed
-0.69%

SAFT Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

SAFT Stock Price

View Fullscreen

SAFT RSI Chart

SAFT Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

21.77

Price/Sales (Trailing)

1.13

EV/EBITDA

14.75

Price/Free Cashflow

28.22

SAFT Price/Sales (Trailing)

SAFT Profitability

EBT Margin

6.63%

Return on Equity

6.36%

Return on Assets

2.45%

Free Cashflow Yield

3.54%

SAFT Fundamentals

SAFT Revenue

Revenue (TTM)

985.4M

Rev. Growth (Yr)

25.48%

Rev. Growth (Qtr)

3.81%

SAFT Earnings

Earnings (TTM)

51.3M

Earnings Growth (Yr)

262.75%

Earnings Growth (Qtr)

63.74%

Breaking Down SAFT Revenue

Last 7 days

-2.0%

Last 30 days

-5.5%

Last 90 days

-8.7%

Trailing 12 Months

3.4%

How does SAFT drawdown profile look like?

SAFT Financial Health

SAFT Investor Care

Dividend Yield

4.78%

Dividend/Share (TTM)

3.6

Buy Backs (1Y)

0.19%

Diluted EPS (TTM)

3.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024985.4M000
2023816.3M862.2M899.2M931.0M
2022858.0M818.7M797.4M797.6M
2021887.1M902.2M893.5M884.9M
2020836.2M828.0M835.1M846.2M
2019849.4M857.4M856.8M877.8M
2018844.1M843.8M847.2M836.5M
2017824.8M830.1M832.5M839.1M
2016799.7M805.1M813.9M819.8M
2015785.7M790.4M795.6M798.0M
2014754.6M763.5M771.9M778.8M
2013715.3M724.5M734.7M745.3M
2012671.8M682.5M692.0M703.9M
2011623.2M635.7M649.3M660.2M
20100598.9M605.8M612.7M
2009000592.0M
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Tracking the Latest Insider Buys and Sells of Safety Insurance Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 12, 2024
hiltpold glenn
sold
-25,941
76.75
-338
vp of actuarial services
Mar 06, 2024
varga stephen albert
sold
-71,415
79.35
-900
vp - mis
Mar 04, 2024
varga stephen albert
sold (taxes)
-57,032
80.44
-709
vp - mis
Mar 04, 2024
hiltpold glenn
sold (taxes)
-30,969
80.44
-385
vp of actuarial services
Mar 04, 2024
berry james
sold (taxes)
-51,320
80.44
-638
vp - underwriting
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
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
murphy george
sold (taxes)
-123,073
80.44
-1,530
president and ceo

1–10 of 50

Which funds bought or sold SAFT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
29,000
386,000
-%
May 16, 2024
Virtus Investment Advisers, Inc.
unchanged
-
39,339
521,496
0.37%
May 16, 2024
COMERICA BANK
reduced
-9.68
-11,897
502,099
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.94
33,260
1,212,550
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-18.9
-49,135
350,952
-%
May 15, 2024
BARCLAYS PLC
reduced
-42.57
-655,000
1,075,000
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
reduced
-11.73
-197,160
4,154,790
-%
May 15, 2024
Point72 Asia (Singapore) Pte. Ltd.
sold off
-100
-23,405
-
-%
May 15, 2024
Royal Bank of Canada
reduced
-41.32
-334,000
581,000
-%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
88.78
365,345
716,039
-%

1–10 of 48

Are Funds Buying or Selling SAFT?

Are funds buying SAFT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SAFT
No. of Funds

Unveiling Safety Insurance Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
srb corp
12.45%
1,842,284
SC 13G/A
Feb 13, 2024
vanguard group inc
11.10%
1,641,372
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.0%
741,540
SC 13G
Feb 06, 2024
victory capital management inc
7.92%
1,171,744
SC 13G/A
Feb 06, 2024
victory capital management inc
7.92%
1,171,744
SC 13G/A
Jan 23, 2024
blackrock inc.
14.5%
2,137,505
SC 13G/A
Jan 22, 2024
state street corp
3.96%
585,677
SC 13G/A
Feb 14, 2023
srb corp
11.36%
1,674,782
SC 13G/A
Feb 09, 2023
vanguard group inc
11.17%
1,645,560
SC 13G/A
Feb 06, 2023
state street corp
5.05%
744,613
SC 13G

Recent SEC filings of Safety Insurance Group Inc

View All Filings
Date Filed Form Type Document
Jun 13, 2024
4
Insider Trading
Jun 12, 2024
144
Notice of Insider Sale Intent
Jun 10, 2024
8-K
Current Report
May 15, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
Apr 23, 2024
8-K
Current Report
Apr 02, 2024
DEF 14A
DEF 14A
Apr 02, 2024
ARS
ARS
Mar 26, 2024
3
Insider Trading

Peers (Alternatives to Safety Insurance Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
1.3B
18.65% 3782.67%
-5.8K
916.93
-10.27% -34.69%
56.4B
10.6B
2.49% 20.80%
51.63
5.31
20.42% -6.04%
49.5B
19.3B
-0.50% 24.77%
9.24
2.56
3.03% 17.35%
48.7B
48.4B
-6.95% 29.67%
10.09
1.01
-4.15% -20.63%
47.1B
42.9B
-3.97% 16.97%
15.02
1.1
13.52% 12.15%
36.5B
14.4B
-0.65% 38.60%
7.53
2.53
32.92% 143.01%
10.4B
8.0B
-5.35% 7.71%
11.8
1.3
11.14% 7.56%
9.2B
12.6B
-7.62% 6.18%
6.95
0.73
4.24% -13.40%
MID-CAP
16.4B
3.2B
62.85% 246.52%
23.09
5.18
64.05% -34.59%
8.6B
11.4B
-5.70% 28.52%
11.24
0.76
9.81% 217.29%
5.2B
11.9B
1.60% 24.59%
3.83
0.43
-33.27% 234.43%
2.1B
1.3B
8.85% 51.28%
-38.4
1.65
18.74% 30.90%
SMALL-CAP
810.2M
308.9M
-9.12% -20.67%
13.13
2.62
3.79% 10.94%
566.2M
314.0M
-30.68% -13.36%
9.85
1.8
-29.20% -88.19%
37.3M
187.5M
3.98% -21.96%
-51.63
0.2
2.74% 73.83%

Safety Insurance Group Inc News

Latest updates
MarketBeat33 hours ago
Yahoo News Australia07 Jun 202406:07 am

Safety Insurance Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.8%268258229229214227192184195226214223222235222208181224215216223
Operating Expenses-------60.0061.0062.0065.0063.0065.0065.0071.0069.0064.0063.0062.0061.0061.0060.00
EBITDA Margin116.0%0.07*0.03*0.05*0.06*0.05*0.08*0.09*0.12*0.16*0.19*0.22*0.25*---------
Interest Expenses1.7%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes57.0%6.004.001.004.00-2.977.002.002.002.008.006.0010.009.0015.0012.0011.00-0.847.004.007.006.00
Earnings Before Taxes62.2%26.0016.002.0021.00-15.3132.008.0010.0010.0040.0031.0047.0045.0068.0057.0053.00-2.8335.0019.0033.0036.00
EBT Margin152.8%0.07*0.03*0.04*0.05*0.04*0.07*0.09*0.11*0.15*0.19*0.21*0.24*---------
Net Income63.7%20.0012.002.0017.00-12.3425.006.008.008.0032.0025.0038.0036.0053.0045.0042.00-1.9928.0016.0026.0030.00
Net Income Margin156.7%0.05*0.02*0.03*0.04*0.03*0.06*0.07*0.09*0.12*0.15*0.17*0.19*---------
Free Cashflow-169.8%-24.2035.0030.00-0.56-13.4320.0023.0015.00-15.9729.0047.0048.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.0%2,0932,0942,0522,0161,9901,9731,9341,9471,9912,1172,1452,1082,0462,0542,0472,0191,9312,0232,0341,9731,918
    Cash Equivalents-19.3%31.0038.0031.0025.0015.0025.0034.0039.0035.0064.0045.0082.0052.0054.0060.0045.0042.0044.0047.0038.0023.00
  Goodwill0%17.0017.0017.0017.0017.0017.00---------------
Liabilities-0.3%1,2861,2901,2821,2221,1871,1611,1501,1291,1291,1901,2171,1881,1551,1701,2091,2021,1691,2141,2421,1901,163
Shareholder's Equity0.3%807804770794803812784819862927928920890885838817762808793784756
  Retained Earnings0.9%788781782793790815804811816822803792768745705674646662647645-2.37
  Additional Paid-In Capital0.6%228226225224223222221219218216215213212210208206204202201200198
Shares Outstanding0.0%15.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.00---------
Float----1,040---1,371---1,124---1,096---1,393-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-160.3%-21,13535,05130,501-546-12,89220,96023,64115,001-15,27630,81047,99450,06712,52333,34850,88353,744-28,51542,80556,23421,429-8,012
  Share Based Compensation33.3%1,4401,0808241,1731,2551,2941,3021,3012,0831,4941,4981,4401,8601,6661,9832,0661,7441,4851,1921,6301,723
Cashflow From Investing287.5%27,399-14,614-6,81139,0396,655-21,154-15,9511,99315,12413,016-72,290-5,901-814-26,027-4,607-25,18620,296-32,137-32,9775,8646,286
Cashflow From Financing-3.3%-13,615-13,179-18,184-28,421-3,747-8,141-13,138-13,142-28,220-24,926-13,365-13,365-13,915-13,301-31,284-25,3685,379-13,743-13,743-12,217-12,964
  Dividend Payments3.3%13,61513,17913,18413,18113,74713,14113,13813,14213,61713,36313,36513,36513,91513,30113,43013,61514,22913,74313,74312,21712,964
  Buy Backs---------14,603-----17,85411,75310,392----
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SAFT Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Net earned premiums$ 236,053$ 191,735
Net investment income15,23113,654
Earnings from partnership investments1,7722,166
Net realized gains on investments492733
Change in net unrealized gains on equity securities7,665770
Credit loss expense(142)(922)
Commission income1,8081,483
Finance and other service income5,3544,140
Total revenue268,233213,759
Expenses  
Losses and loss adjustment expenses168,399167,153
Underwriting, operating and related expenses72,26760,033
Other expense1,8371,670
Interest expense123210
Total expenses242,626229,066
Income (loss) before income taxes25,607(15,307)
Income tax expense (benefit)5,529(2,970)
Net income (loss)$ 20,078$ (12,337)
Earnings (loss) per weighted average common share:  
Basic$ 1.36$ (0.84)
Diluted1.36(0.84)
Cash dividends paid per common share$ 0.90$ 0.90
Number of shares used in computing earnings per share:  
Basic14,667,10714,682,507
Diluted14,696,59014,761,861

SAFT Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed maturities, available for sale, at fair value (amortized cost: $1,119,116 and $1,120,682, allowance for expected credit losses of $1,349 and $1,208)$ 1,043,556$ 1,052,145
Equity securities, at fair value (cost: $192,721 and $221,809)216,598238,022
Other invested assets138,270133,946
Total investments1,398,4241,424,113
Cash and cash equivalents30,80138,152
Accounts receivable, net of allowance for expected credit losses of $824 and $1,053269,491256,687
Receivable for securities sold322124
Accrued investment income8,0127,261
Taxes recoverable 623
Receivable from reinsurers related to paid loss and loss adjustment expenses15,35913,129
Receivable from reinsurers related to unpaid loss and loss adjustment expenses121,504112,623
Ceded unearned premiums34,02932,346
Deferred policy acquisition costs93,71191,917
Deferred income taxes14,66712,150
Equity and deposits in pools36,41035,247
Operating lease right-of-use-assets19,07819,756
Goodwill17,09317,093
Intangible assets7,3407,551
Other assets27,19825,232
Total assets2,093,4392,094,004
Liabilities  
Loss and loss adjustment expense reserves603,796603,081
Unearned premium reserves544,075528,150
Accounts payable and accrued liabilities60,61564,235
Payable for securities purchased6,4341,863
Payable to reinsurers12,49615,941
Taxes payable780 
Short-term debt30,000 
Long-term debt 30,000
Operating lease liabilities19,07819,756
Other liabilities9,09426,711
Total liabilities1,286,3681,289,737
Commitments and contingencies (Note 8)
Shareholders' equity  
Common stock: $0.01 par value; 30,000,000 shares authorized; 17,994,242 and 17,949,484 shares issued180179
Additional paid-in capital227,820226,380
Accumulated other comprehensive loss, net of taxes(58,626)(53,191)
Retained earnings787,990781,192
Treasury stock, at cost: 3,157,577 and 3,157,577 shares(150,293)(150,293)
Total shareholders' equity807,071804,267
Total liabilities and shareholders' equity$ 2,093,439$ 2,094,004
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 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 and business owner policies, 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. The company was founded in 1979 and is headquartered in Boston, Massachusetts.
 CEO
 WEBSITEsafetyinsurance.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES538

Safety Insurance Group Inc Frequently Asked Questions


What is the ticker symbol for Safety Insurance Group Inc? What does SAFT stand for in stocks?

SAFT is the stock ticker symbol of Safety Insurance Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Safety Insurance Group Inc (SAFT)?

As of Fri Jun 14 2024, market cap of Safety Insurance Group Inc is 1.12 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SAFT stock?

You can check SAFT's fair value in chart for subscribers.

What is the fair value of SAFT stock?

You can check SAFT's fair value in chart for subscribers. The fair value of Safety Insurance Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Safety Insurance Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SAFT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Safety Insurance Group Inc a good stock to buy?

The fair value guage provides a quick view whether SAFT is over valued or under valued. Whether Safety Insurance Group Inc is cheap or expensive depends on the assumptions which impact Safety Insurance Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SAFT.

What is Safety Insurance Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, SAFT's PE ratio (Price to Earnings) is 21.77 and Price to Sales (PS) ratio is 1.13. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SAFT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Safety Insurance Group Inc's stock?

In the past 10 years, Safety Insurance Group Inc has provided 0.074 (multiply by 100 for percentage) rate of return.