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How to buy Safety Insurance Group stock | $79.84

Learn how to easily invest in Safety Insurance Group stock.

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 586 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Safety Insurance Group

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  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SAFT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Safety Insurance Group stock price (NASDAQ: SAFT)

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

Safety Insurance Group shares at a glance

Information last updated 2021-10-17.
Latest market close$79.84
52-week range$64.73 - $86.11
50-day moving average $79.74
200-day moving average $81.10
Wall St. target price$70.00
PE ratio 6.928
Dividend yield $3.6 (4.48%)
Earnings per share (TTM) $11.52

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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 $79.84 from 2021-10-21

1 week (2021-10-15) 0.06%
1 month (2021-09-22) 1.47%
3 months (2021-07-22) 6.52%
6 months (2021-04-22) -4.61%
1 year (2020-10-22) 14.43%
2 years (2019-10-22) -19.98%
3 years (2018-10-22) 83.87
5 years (2016-10-21) 19.97%

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 7x. In other words, Safety Insurance Group shares trade at around 7x 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 $225.4 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 $902.2 million
Operating margin TTM 24.13%
Gross profit TTM $175.2 million
Return on assets TTM 6.6%
Return on equity TTM 19.75%
Profit margin 19.01%
Book value $61.43
Market capitalisation $1.2 billion

TTM: trailing 12 months

Shorting Safety Insurance Group shares

There are currently 149,734 Safety Insurance Group shares held short by investors – that's known as Safety Insurance Group's "short interest". This figure is 3.7% up from 144,385 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 59418.253968254). Safety Insurance Group's SIR currently stands at 2.52. In other words for every 100,000 Safety Insurance Group shares traded daily on the market, roughly 2520 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 0.0106% of the tradable shares (for every 100,000 tradable Safety Insurance Group shares, roughly 11 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

35%

Dividend payout ratio: 34.65% of net profits

Recently Safety Insurance Group has paid out, on average, around 34.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.51% 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 4.51% 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 14 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 August 2021 (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 $64.7259 up to $86.1067. 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 0.3. 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.

Frequently asked questions

What percentage of Safety Insurance Group is owned by insiders or institutions?
Currently 5.091% of Safety Insurance Group shares are held by insiders and 80.336% by institutions.
How many people work for Safety Insurance Group?
Latest data suggests 586 work at Safety Insurance Group.
When does the fiscal year end for Safety Insurance Group?
Safety Insurance Group's fiscal year ends in December.
Where is Safety Insurance Group based?
Safety Insurance Group's address is: 20 Custom House Street, Boston, MA, United States, 02110
What is Safety Insurance Group's ISIN number?
Safety Insurance Group's international securities identification number is: US78648T1007
What is Safety Insurance Group's CUSIP number?
Safety Insurance Group's Committee on Uniform Securities Identification Procedures number is: 78648T100

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