Safety Insurance Group Stock Today
| SAFT Stock | USD 81.69 0.37 0.45% |
Performance0 of 100
| Odds Of DistressLess than 8
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Safety Insurance is selling for under 81.69 as of the 25th of April 2024; that is -0.45 percent down since the beginning of the trading day. The stock's last reported lowest price was 81.69. Safety Insurance has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Safety Insurance Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 22nd of November 2002 | Category Financial Services | Classification Financials |
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts. Safety Ins operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. The company has 14.84 M outstanding shares of which 142.6 K shares are at this time shorted by private and institutional investors with about 2.38 trading days to cover. More on Safety Insurance Group
Moving against Safety Stock
| 0.6 | DOMA | Doma Holdings | PairCorr |
| 0.59 | GBLI | Global Indemnity PLC Financial Report 8th of May 2024 | PairCorr |
| 0.46 | FRFHF | Fairfax Financial | PairCorr |
| 0.43 | HCI | HCI Group Financial Report 14th of May 2024 | PairCorr |
Safety Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Safety Insurance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Safety Insurance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | George CPCU | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Dividend Beast (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Saft Groupe SA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Dividend Beast, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Safety Insurance report their recommendations after researching Safety Insurance's financial statements, talking to executives and customers, or listening in on Safety Insurance's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Safety Insurance. The Safety consensus assessment is calculated by taking the average forecast from all of the analysts covering Safety Insurance. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Safety Insurance's historical financial statements, Safety Insurance Group is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Safety Insurance is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Safety Insurance's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Safety Insurance's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Safety Insurance's financial leverage. It provides some insight into what part of Safety Insurance's total assets is financed by creditors.
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Safety Insurance Group (SAFT) is traded on NASDAQ Exchange in USA. It is located in 20 Custom House Street, Boston, MA, United States, 02110 and employs 539 people. Safety Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Safety Insurance's market, we take the total number of its shares issued and multiply it by Safety Insurance's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Safety Insurance conducts business under Insurance sector and is part of Financials industry. The entity has 14.84 M outstanding shares of which 142.6 K shares are at this time shorted by private and institutional investors with about 2.38 trading days to cover.
Safety Insurance Group currently holds about 39.09 M in cash with 52.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.65.
Check Safety Insurance Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Safety Insurance is $1.22 Billion. The majority of Safety Insurance outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Safety Insurance to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Safety Insurance. Please pay attention to any change in the institutional holdings of Safety Insurance Group as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Safety Ownership Details
Safety Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Safety Insurance jumping above the current price in 90 days from now is about 42.56%. The Safety Insurance Group probability density function shows the probability of Safety Insurance stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Safety Insurance has a beta of 0.572. This usually implies as returns on the market go up, Safety Insurance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Safety Insurance Group will be expected to be much smaller as well. Additionally, safety Insurance Group has an alpha of 0.0272, implying that it can generate a 0.0272 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Safety Insurance to move above the current price in 90 days from now is about 42.56 (This Safety Insurance Group probability density function shows the probability of Safety Stock to fall within a particular range of prices over 90 days) .
Safety Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Safety Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Safety Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Safety Insurance's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 163.1 K | |
| Northern Trust Corp | 2023-12-31 | 161.9 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 155.4 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 114.5 K | |
| Royce & Associates, Lp | 2023-12-31 | 109.7 K | |
| Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 108.9 K | |
| Amvescap Plc. | 2023-12-31 | 104.3 K | |
| American Century Companies Inc | 2023-12-31 | 78.2 K | |
| Principal Financial Group Inc | 2023-12-31 | 77.1 K | |
| Blackrock Inc | 2023-12-31 | 2.1 M | |
| Srb Corp | 2023-12-31 | 1.8 M |
Safety Insurance Historical Income Statement
Safety Insurance Group Income Statement is one of the three primary financial statements used for reporting Safety's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Safety Insurance revenue and expense. Safety Insurance Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Safety Insurance's Depreciation And Amortization is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 282.3 M in 2024, whereas Gross Profit is likely to drop slightly above 728.9 M in 2024. View More FundamentalsSafety Stock Against Markets
Picking the right benchmark for Safety Insurance stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Safety Insurance stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Safety Insurance is critical whether you are bullish or bearish towards Safety Insurance Group at a given time. Please also check how Safety Insurance's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Safety Insurance without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Safety Insurance Corporate Directors
Safety Insurance corporate directors refer to members of a Safety Insurance board of directors. The board of directors generally takes responsibility for the Safety Insurance's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Safety Insurance's board members must vote for the resolution. The Safety Insurance board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Frederic Lindeberg | Independent Director | Profile | |
| David McKown | Independent Director | Profile | |
| Richard Caputo | Independent Director | Profile | |
| Thalia Meehan | Director | Profile |
How to buy Safety Stock?
Before investing in Safety Insurance, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Safety Insurance. To buy Safety Insurance stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Safety Insurance. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Safety Insurance stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Safety Insurance Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Safety Insurance Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Safety Insurance Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Safety Stock please use our How to Invest in Safety Insurance guide.
Already Invested in Safety Insurance Group?
The danger of trading Safety Insurance Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Safety Insurance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Safety Insurance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Safety Insurance is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Safety Insurance is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Safety Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Safety Insurance Group Stock. Highlighted below are key reports to facilitate an investment decision about Safety Insurance Group Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Insurance Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Safety Insurance information on this page should be used as a complementary analysis to other Safety Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Safety Stock analysis
When running Safety Insurance's price analysis, check to measure Safety Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Safety Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safety Insurance. If investors know Safety will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Safety Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 3.6 | Earnings Share 1.28 | Revenue Per Share 63.487 | Quarterly Revenue Growth 0.14 |
The market value of Safety Insurance is measured differently than its book value, which is the value of Safety that is recorded on the company's balance sheet. Investors also form their own opinion of Safety Insurance's value that differs from its market value or its book value, called intrinsic value, which is Safety Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Safety Insurance's market value can be influenced by many factors that don't directly affect Safety Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Safety Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safety Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safety Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.