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NASDAQ: SAFT
Safety Insurance Group Inc Stock

$77.96+0.26 (+0.33%)
Updated Jul 12, 2024
SAFT Price
$77.96
Fair Value Price
$208.29
Market Cap
$1.16B
52 Week Low
$65.78
52 Week High
$88.72
P/E
22.47x
P/B
1.43x
P/S
1.22x
PEG
N/A
Dividend Yield
4.62%
Revenue
$985.43M
Earnings
$51.29M
Gross Margin
34.7%
Operating Margin
6.7%
Profit Margin
5.2%
Debt to Equity
1.59
Operating Cash Flow
$44M
Beta
0.64
Next Earnings
Jul 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A

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

Zen Score

Industry Average (34)
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Due Diligence Checks

SAFT ($77.96) is undervalued by 62.57% relative to our estimate of its Fair Value price of $208.29 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
SAFT ($77.96) is significantly undervalued by 62.57% relative to our estimate of its Fair Value price of $208.29 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
SAFT was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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SAFT News

Valuation

SAFT fair value

Fair Value of SAFT stock based on Discounted Cash Flow (DCF)
Price
$77.96
Fair Value
$208.29
Undervalued by
62.57%
SAFT ($77.96) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SAFT ($77.96) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SAFT was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SAFT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
22.47x
Industry
17.31x
Market
32.2x
SAFT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
SAFT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

SAFT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.43x
Industry
2.18x
SAFT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SAFT's financial health

Profit margin

Revenue
$268.2M
Net Income
$20.1M
Profit Margin
7.5%
SAFT's Earnings (EBIT) of $66.07M... subscribe to Premium to read more.
Interest Coverage Financials
SAFT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.1B
Liabilities
$1.3B
Debt to equity
1.59
SAFT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
SAFT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$21.1M
Investing
$27.4M
Financing
-$13.6M
SAFT's operating cash flow ($43.87M)... subscribe to Premium to read more.
Debt Coverage Financials

SAFT vs Property & Casualty Insurance Stocks

TickerMarket Cap1d %P/EP/B
SAFT$1.16B+0.33%22.47x1.43x
ROOT$1.03B+9.65%-8.90x6.24x
HMN$1.37B+0.48%21.37x1.13x
LMND$1.38B+5.27%-6.28x2.04x
HCI$922.34M+1.06%7.27x2.33x

Safety Insurance Group Stock FAQ

What is Safety Insurance Group's quote symbol?

(NASDAQ: SAFT) Safety Insurance Group trades on the NASDAQ under the ticker symbol SAFT. Safety Insurance Group stock quotes can also be displayed as NASDAQ: SAFT.

If you're new to stock investing, here's how to buy Safety Insurance Group stock.

What is the 52 week high and low for Safety Insurance Group (NASDAQ: SAFT)?

(NASDAQ: SAFT) Safety Insurance Group's 52-week high was $88.72, and its 52-week low was $65.78. It is currently -12.13% from its 52-week high and 18.52% from its 52-week low.

How much is Safety Insurance Group stock worth today?

(NASDAQ: SAFT) Safety Insurance Group currently has 14,836,565 outstanding shares. With Safety Insurance Group stock trading at $77.96 per share, the total value of Safety Insurance Group stock (market capitalization) is $1.16B.

Safety Insurance Group stock was originally listed at a price of $12.90 in Nov 22, 2002. If you had invested in Safety Insurance Group stock at $12.90, your return over the last 21 years would have been 504.34%, for an annualized return of 8.94% (not including any dividends or dividend reinvestments).

How much is Safety Insurance Group's stock price per share?

(NASDAQ: SAFT) Safety Insurance Group stock price per share is $77.96 today (as of Jul 12, 2024).

What is Safety Insurance Group's Market Cap?

(NASDAQ: SAFT) Safety Insurance Group's market cap is $1.16B, as of Jul 13, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Safety Insurance Group's market cap is calculated by multiplying SAFT's current stock price of $77.96 by SAFT's total outstanding shares of 14,836,565.
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