Safety Insurance Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $66.54
- Today's High:
- $68.86
- Open Price:
- $66.54
- 52W Low:
- $65.1523
- 52W High:
- $88.7379
- Prev. Close:
- $66.76
- Volume:
- 64054
Company Statistics
- Market Cap.:
- $987.51 million
- Book Value:
- 53.66
- Revenue TTM:
- $862.15 million
- Operating Margin TTM:
- 5.4%
- Gross Profit TTM:
- $60.44 million
- Profit Margin:
- 4.12%
- Return on Assets TTM:
- 1.47%
- Return on Equity TTM:
- 4.4%
Company Profile
Safety Insurance Group Inc had its IPO on 2002-11-22 under the ticker symbol SAFT.
The company operates in the Financial Services sector and Insurance-Property & Casualty industry. Safety Insurance Group Inc has a staff strength of 538 employees.
Stock update
Shares of Safety Insurance Group Inc opened at $66.54 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $66.54 - $68.86, and closed at $68.7.
This is a +2.91% increase from the previous day's closing price.
A total volume of 64,054 shares were traded at the close of the day’s session.
In the last one week, shares of Safety Insurance Group Inc have slipped by -0.51%.
Safety Insurance Group Inc's Key Ratios
Safety Insurance Group Inc has a market cap of $987.51 million, indicating a price to book ratio of 1.5806 and a price to sales ratio of 1.528.
In the last 12-months Safety Insurance Group Inc’s revenue was $862.15 million with a gross profit of $60.44 million and an EBITDA of $53.13 million. The EBITDA ratio measures Safety Insurance Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Safety Insurance Group Inc’s operating margin was 5.4% while its return on assets stood at 1.47% with a return of equity of 4.4%.
In Q2, Safety Insurance Group Inc’s quarterly earnings growth was a positive 117% while revenue growth was a positive 25%.
Safety Insurance Group Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 27.8167
- PEG
- 1.31
Its diluted EPS in the last 12-months stands at $2.4 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.31. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Safety Insurance Group Inc’s profitability.
Safety Insurance Group Inc stock is trading at a EV to sales ratio of 1.6144 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.528.
Safety Insurance Group Inc stock pays annual dividends of $3.6 per share, indicating a yield of 5.39% and a payout ratio of 1.76%.
Balance sheet and cash flow metrics
- Total Assets
- $2.02 billion
- Total Liabilities
- $21.73 million
- Operating Cash Flow
- $39.04 million
- Capital Expenditure
- $17000
- Dividend Payout Ratio
- 1.76%
Safety Insurance Group Inc ended 2024 with $2.02 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.02 billion while shareholder equity stood at $793.75 million.
Safety Insurance Group Inc ended 2024 with $0 in deferred long-term liabilities, $21.73 million in other current liabilities, 179000.00 in common stock, $793.44 million in retained earnings and $17.09 million in goodwill. Its cash balance stood at $25.39 million and cash and short-term investments were $1.04 billion. The company’s total short-term debt was $21,734,000 while long-term debt stood at $35.00 million.
Safety Insurance Group Inc’s total current assets stands at $264.03 million while long-term investments were $1.37 billion and short-term investments were $1.02 billion. Its net receivables were $366.57 million compared to accounts payable of $72.63 million and inventory worth $0.
In 2024, Safety Insurance Group Inc's operating cash flow was $39.04 million while its capital expenditure stood at $17000.
Comparatively, Safety Insurance Group Inc paid $0.02 in dividends in 2024.
Other key metrics
- Current Trading Price
- $68.7
- 52-Week High
- $88.7379
- 52-Week Low
- $65.1523
- Analyst Target Price
- $70
Safety Insurance Group Inc stock is currently trading at $68.7 per share. It touched a 52-week high of $88.7379 and a 52-week low of $88.7379. Analysts tracking the stock have a 12-month average target price of $70.
Its 50-day moving average was $68.95 and 200-day moving average was $74.79 The short ratio stood at 3.61 indicating a short percent outstanding of 0%.
Around 418.9% of the company’s stock are held by insiders while 8060.2% are held by institutions.
Frequently Asked Questions About Safety Insurance Group Inc
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About
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.