Safety Insurance Group, Inc provides private passenger and commercial automobile, and homeowner insurance in the United States.
infoSafety Insurance Group is a small cap stock with a total market cap of 1.02B.
infoThey trade on the NASDAQ and had their IPO 20 years and 9 months ago.
infoSafety Insurance Group currently employs 538 people.
infoAs of Wednesday, Aug 23 2023, Safety Insurance Group’s share price is $68.95.
News Relating to Safety Insurance Group
Seeking Alpha
Safety Insurance Group: A Healthier Mercury Group?
Monday Jun 05 2023 at 02:19
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 compared to Mercury General. Despite its better performance, Safety Insurance is fairly-valued and may not be the best investment choice compared to other insurance companies like Allstate, Chubb, or Progressive.
MarketBeat
Using MarketBeat Market Data Tools To Find Strong Stocks in a Bear Market
Monday Jul 04 2022 at 09:28
A bear market occurs when the underlying stock or index falls at least 20% from its highs for more than 60-days. Find stocks using MarketBeat tools.
Forbes
5 Market-Beating Yields Defying This Downturn
Wednesday Jun 01 2022 at 12:30
In the current environment, with more downside likely to come, one of the best things you and I can do is nothing.
Business Wire
Safety Insurance Announces Conference Call Information Change for 2022 Annual Meeting of Shareholders
Friday May 27 2022 at 16:37
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 a teleconference number for shareholders to dial-in remotely. Shareholders will be able to listen to a live teleconference of the meeting by dialing in at (866) 705-2554. The participation code for the meeting is 410073. The process for voting shares at the 2022 Annual Meeting of Shareholders rema
The Motley Fool
Warren Buffett Can’t Buy This Stock, But You Can
Friday Oct 15 2021 at 10:45
Investors don’t have to (and shouldn’t) limit their picks to only the ones that big-name investors like.
Seeking Alpha
Safety Insurance Group: Cheap Insurer With A Good Yield
Tuesday Aug 10 2021 at 15:20
Insurance companies might benefit from expected inflation and higher interest rates.
Seeking Alpha
New Benjamin Graham List Names, 3 Ideal Dogs For March
Monday Mar 01 2021 at 12:57
These 70 Graham Stocks were screened for revenue, assets, long-term-debt, and EPS growth as of Feb. 25, 2021, based on Graham’s established criteria. Of the 70, representing all eleven Morningstar Sectors, 40 pay dividends. Broker targeted top 10 Graham dividend-paying net-gainers ranged 9.08%-26.73% topped by RGR and DHI as of 2/25/21.
Seeking Alpha
122 Dividend Growers Include 18 Ideal Dogs For February
Friday Feb 26 2021 at 14:43
YCharts US Stock Dividend Growers measure performance of US exchange-traded companies that have increased dividends every year for 10 consecutive years with profitable annual returns.
Business Wire
Safety Declares First Quarter 2021 Dividend and Schedules Year-End 2020 Events
Tuesday Feb 16 2021 at 14:45
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 payable on March 15, 2021 to shareholders of record at the close of business on March 5, 2021. Safety plans to announce its 2020 annual results on February 24, 2021, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than February 26, 2021. Safety al
Seeking Alpha
Safety Insurance Group: A Tried And True Income Stock
Thursday Dec 03 2020 at 23:06
Safety Insurance Group has survived two major upsets – the North American blizzard of 2015 and the ongoing COVID-19 pandemic. It is a well-capitalized firm that has steadily paid dividends since 2003.
Safety Insurance Group Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Safety Insurance Group’s Altman Z-score is 2.42 which is in the gray zone. This indicates a level of ambiguity where further analyses are needed to evaluate the company’s financial stability accurately.
Derived from SEC.GOV filing dataopen_in_new
Safety Insurance Group Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has bought $68.90K of common stock in Safety Insurance Group on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Safety Insurance Group’s Income Quality of 0.89 is lower than its Industry Group of 1.43 (-37.8% lower)
Safety Insurance Group’s Income Quality of 0.89 is lower than its Major Industry Group of 1.32 (-32.6% lower)
Safety Insurance Group’s Income Quality of 0.89 is greater than its Sector of 0.58 (53.4% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Safety Insurance Group’s Current Ratio of 12.15 is in line with its Industry Group of 13.21 (-8.0% lower)
Safety Insurance Group’s Current Ratio of 12.15 is greater than its Major Industry Group of 10.3 (18.0% greater)
Safety Insurance Group’s Current Ratio of 12.15 is greater than its Sector of 1.3 (834.6% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Safety Insurance Group’s PE Ratio of 28.74 is greater than its Industry Group of 8.93 (221.8% greater)
Safety Insurance Group’s PE Ratio of 28.74 is greater than its Major Industry Group of 7.67 (274.7% greater)
Safety Insurance Group’s PE Ratio of 28.74 is greater than its Sector of 7.86 (265.6% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Safety Insurance Group’s PB Ratio of 1.28 is greater than its Industry Group of 0.75 (70.7% greater)
Safety Insurance Group’s PB Ratio of 1.28 is greater than its Major Industry Group of 0.63 (103.2% greater)
Safety Insurance Group’s PB Ratio of 1.28 is greater than its Sector of 0.72 (77.8% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Safety Insurance Group’s ROE of 0.04 is in line with its Industry Group of 0.04
Safety Insurance Group’s ROE of 0.04 is greater than its Major Industry Group of 0.02 (100.0% greater)
Safety Insurance Group’s ROE of 0.04 is in line with its Sector of 0.04
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Safety Insurance Group’s ROCE of 0.02 is in line with its Industry Group of 0.02
Safety Insurance Group’s ROCE of 0.02 is greater than its Major Industry Group of 0.01 (100.0% greater)
Safety Insurance Group’s ROCE of 0.02 is in line with its Sector of 0.02
Derived from SEC.GOV filing dataopen_in_new