Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Safety Insurance Group stock | $79.91

Own Safety Insurance Group stock in just a few minutes.

Fact checked

Safety Insurance Group, Inc is an insurance-property & casualty business based in the US. Safety Insurance Group shares (SAFT) are listed on the NASDAQ and all prices are listed in US Dollars. Safety Insurance Group employs 609 staff and has a trailing 12-month revenue of around USD$835.1 million.

How to buy shares in Safety Insurance Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Safety Insurance Group. Find the stock by name or ticker symbol: SAFT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Safety Insurance Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$79.91, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Safety Insurance Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Safety Insurance Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Safety Insurance Group share price

Use our graph to track the performance of SAFT stocks over time.

Safety Insurance Group shares at a glance

Information last updated 2021-01-12.
Latest market closeUSD$79.91
52-week rangeUSD$63.1466 - USD$91.5743
50-day moving average USD$77.6085
200-day moving average USD$74.1118
Wall St. target priceUSD$70
PE ratio 10.8946
Dividend yield USD$3.6 (4.48%)
Earnings per share (TTM) USD$7.4

Buy Safety Insurance Group shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Safety Insurance Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Safety Insurance Group price performance over time

Historical closes compared with the close of $79.91 from 2021-01-11

1 week (2021-01-07) -2.74%
1 month (2020-12-14) 0.64%
3 months (2020-10-14) 18.37%
6 months (2020-07-14) 2.19%
1 year (2020-01-14) -14.67%
2 years (2019-01-14) 0.40%
3 years (2018-01-13) N/A
5 years (2016-01-14) 45.56%

Is Safety Insurance Group under- or over-valued?

Valuing Safety Insurance Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Safety Insurance Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Safety Insurance Group's P/E ratio

Safety Insurance Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Safety Insurance Group shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Safety Insurance Group's PEG ratio

Safety Insurance Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.31. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Safety Insurance Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Safety Insurance Group's EBITDA

Safety Insurance Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$149.7 million.

The EBITDA is a measure of a Safety Insurance Group's overall financial performance and is widely used to measure a its profitability.

Safety Insurance Group financials

Revenue TTM USD$835.1 million
Operating margin TTM 17.09%
Gross profit TTM USD$123.8 million
Return on assets TTM 4.37%
Return on equity TTM 13.91%
Profit margin 13.57%
Book value $56.255
Market capitalisation USD$1.2 billion

TTM: trailing 12 months

Shorting Safety Insurance Group shares

There are currently 167,015 Safety Insurance Group shares held short by investors – that's known as Safety Insurance Group's "short interest". This figure is 5.3% up from 158,632 last month.

There are a few different ways that this level of interest in shorting Safety Insurance Group shares can be evaluated.

Safety Insurance Group's "short interest ratio" (SIR)

Safety Insurance Group's "short interest ratio" (SIR) is the quantity of Safety Insurance Group shares currently shorted divided by the average quantity of Safety Insurance Group shares traded daily (recently around 63746.183206107). Safety Insurance Group's SIR currently stands at 2.62. In other words for every 100,000 Safety Insurance Group shares traded daily on the market, roughly 2620 shares are currently held short.

However Safety Insurance Group's short interest can also be evaluated against the total number of Safety Insurance Group shares, or, against the total number of tradable Safety Insurance Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Safety Insurance Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Safety Insurance Group shares in existence, roughly 10 shares are currently held short) or 0.0191% of the tradable shares (for every 100,000 tradable Safety Insurance Group shares, roughly 19 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Safety Insurance Group.

Find out more about how you can short Safety Insurance Group stock.

Safety Insurance Group share dividends

44%

Dividend payout ratio: 44.23% of net profits

Recently Safety Insurance Group has paid out, on average, around 44.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Safety Insurance Group shareholders could enjoy a 4.48% return on their shares, in the form of dividend payments. In Safety Insurance Group's case, that would currently equate to about $3.6 per share.

While Safety Insurance Group's payout ratio might seem fairly standard, it's worth remembering that Safety Insurance Group may be investing much of the rest of its net profits in future growth.

Safety Insurance Group's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2020 (the "ex-dividend date").

Safety Insurance Group share price volatility

Over the last 12 months, Safety Insurance Group's shares have ranged in value from as little as $63.1466 up to $91.5743. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Safety Insurance Group's is 0.2784. This would suggest that Safety Insurance Group's shares are less volatile than average (for this exchange).

Safety Insurance Group overview

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 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. Safety Insurance Group, Inc. was founded in 1979 and is based in Boston, Massachusetts.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site