Safety Insurance Group (NASDAQ:SAFT – Get Free Report) will likely be posting its results after the market closes on Monday, November 2nd. Analysts expect Safety Insurance Group to announce earnings of $1.25 per share and revenue of $533.84 million for the quarter.
Safety Insurance Group (NASDAQ:SAFT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $2.03 EPS for the quarter, topping the consensus estimate of $2.00 by $0.03. Safety Insurance Group had a net margin of 5.33% and a return on equity of 7.23%. The business had revenue of $325.68 million during the quarter, compared to the consensus estimate of $325.68 million. On average, analysts expect Safety Insurance Group to post $4.15 EPS for the current fiscal year and $6.75 EPS for the next fiscal year.
Safety Insurance Group Stock Performance
NASDAQ:SAFT opened at $104.16 on Monday. The company has a market capitalization of $1.53 billion, a P/E ratio of 22.45 and a beta of 0.15. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06. Safety Insurance Group has a 12 month low of $67.04 and a 12 month high of $104.17. The firm has a fifty day simple moving average of $103.63 and a 200-day simple moving average of $87.41.
Safety Insurance Group Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.92 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $3.68 dividend on an annualized basis and a yield of 3.5%. Safety Insurance Group’s dividend payout ratio (DPR) is 79.31%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised Safety Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 17th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Safety Insurance Group has an average rating of “Moderate Buy”.
Get Our Latest Report on Safety Insurance Group
Safety Insurance Group Company Profile
Safety Insurance Group, Inc is an insurance holding company that provides property and casualty insurance products primarily through its subsidiary, Safety Insurance Company. The company focuses on personal and commercial insurance coverage for individuals, families, and businesses.
Its product offerings include private passenger automobile insurance, homeowners insurance, dwelling fire coverage, business owners policies, commercial automobile insurance, and related property and liability products.
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