| Safety Insurance Group, Inc. Announces First Quarter 2025 Results and Declares Second Quarter 2025 Dividend |
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company” or “Safety”) today reported first quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “Safety's first quarter combined ratio in 2025 improved to 99.4% compared to 101.9% in the first quarter of 2024. The year-over-year change reflects the impact of our prior year growth in direct written premiums earning into top-line results and improvemen. |
businesswire.com |
2025-05-07 20:19:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2024 Results |
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and year ended 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “For the year ended December 31, 2024, Safety Insurance continued to achieve significant direct written premium growth, which increased 20.4% over the prior year, driving our top-line revenue above $1 billion dollars for the first time in t. |
businesswire.com |
2025-02-25 18:30:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group, Inc. Announces Third Quarter 2024 Results and Declares Fourth Quarter 2024 Dividend |
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported third quarter 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “The direct written premium growth that Safety has experienced is impacting our top-line revenue, which increased by 21.9% for the nine months ended September 30, 2024 over the prior year. We continue to see increased policy counts and premium rate actions. |
businesswire.com |
2024-11-05 18:05:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group, Inc. (NASDAQ:SAFT) Position Lessened by Amalgamated Bank |
Amalgamated Bank lowered its stake in shares of Safety Insurance Group, Inc. (NASDAQ:SAFT – Free Report) by 2.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,572 shares of the insurance provider’s stock after selling 149 shares during the quarter. Amalgamated Bank’s holdings in Safety Insurance Group were worth $423,000 at the end of the most recent reporting period. Several other large investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. grew its position in shares of Safety Insurance Group by 2.7% during the third quarter. Victory Capital Management Inc. now owns 1,155,367 shares of the insurance provider’s stock worth $78,784,000 after acquiring an additional 29,996 shares during the last quarter. GSA Capital Partners LLP grew its position in Safety Insurance Group by 298.0% in the 3rd quarter. GSA Capital Partners LLP now owns 32,401 shares of the insurance provider’s stock worth $2,209,000 after purchasing an additional 24,260 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Safety Insurance Group by 98.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 39,245 shares of the insurance provider’s stock worth $2,676,000 after purchasing an additional 19,467 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Safety Insurance Group by 7,499.0% in the fourth quarter. International Assets Investment Management LLC now owns 15,198 shares of the insurance provider’s stock valued at $1,155,000 after purchasing an additional 14,998 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Safety Insurance Group by 6.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 206,693 shares of the insurance provider’s stock valued at $14,094,000 after buying an additional 13,430 shares during the last quarter. 81.04% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Several analysts recently commented on SAFT shares. TheStreet upgraded Safety Insurance Group from a “c+” rating to a “b” rating in a research report on Tuesday, February 27th. StockNews.com raised Safety Insurance Group from a “hold” rating to a “buy” rating in a report on Friday, May 10th. Read Our Latest Research Report on SAFT Insider Activity at Safety Insurance Group In other Safety Insurance Group news, VP Stephen Albert Varga sold 900 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $79.35, for a total value of $71,415.00. Following the completion of the sale, the vice president now directly owns 28,465 shares of the company’s stock, valued at approximately $2,258,697.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.00% of the company’s stock. Safety Insurance Group Trading Down 0.9 % Shares of NASDAQ:SAFT opened at $80.26 on Monday. The company has a 50 day moving average of $80.38 and a 200-day moving average of $79.71. The firm has a market cap of $1.19 billion, a P/E ratio of 23.13 and a beta of 0.19. Safety Insurance Group, Inc. has a twelve month low of $65.78 and a twelve month high of $88.72. Safety Insurance Group (NASDAQ:SAFT – Get Free Report) last released its earnings results on Tuesday, February 27th. The insurance provider reported $0.30 earnings per share for the quarter. The firm had revenue of $258.40 million during the quarter. Safety Insurance Group had a return on equity of 4.90% and a net margin of 5.20%. Safety Insurance Group Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Monday, June 3rd will be issued a $0.90 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $3.60 annualized dividend and a dividend yield of 4.49%. Safety Insurance Group’s dividend payout ratio (DPR) is 103.75%. About Safety Insurance Group (Free Report) 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. |
https://www.defenseworld.net |
2024-05-20 09:04:44 |
Czytaj oryginał (ang.) |
| Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 Results |
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and year ended 2023 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “2023 saw Safety Insurance post record top-line growth as Direct Written Premiums increased by 20.4% as a result of a 10.2% increase in overall policy counts and a 10.9% increase in average premium per policy, blended across all lines of bu. |
businesswire.com |
2024-02-27 18:05:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Declares First Quarter 2024 Dividend and Timing of Year-End 2023 Results |
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024. Safety plans to announce its fourth quarter and year-end 2023 results on February 27, 2024, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than Februar. |
businesswire.com |
2024-02-16 12:30:00 |
Czytaj oryginał (ang.) |
| Stability Seekers: 7 Low-Volatility Stocks for Uncertain Times |
At first blush, focusing on low-volatility stocks may appear an overly pessimistic strategy. After all, the benchmark S&P 500 gained almost 8% in the trailing month. |
investorplace.com |
2023-11-23 18:02:53 |
Czytaj oryginał (ang.) |
| Safety Insurance: A Question Of True Safety In Turbulent Insurance Markets |
In the past, Safety Insurance was considered a superior insurer compared to Mercury. However, Mercury has demonstrated encouraging signs of profitability recovery. Safety Insurance reported worsened insurance margins and a decline in underwriting margin due to claims inflation and weather events. Both Mercury General and Safety Insurance are facing operational challenges, making them less attractive for investment compared to other profitable insurers like Travelers and Chubb. |
seekingalpha.com |
2023-11-18 10:39:02 |
Czytaj oryginał (ang.) |
| How To 4X Your Income & Beat Back Volatility |
Today we'll discuss five of the steadiest dividend stocks on the planet. And let's not confuse stability with penny pinching—these cash cows yield up to 11%! |
forbes.com |
2023-09-03 12:09:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group, Inc. Announces Second Quarter 2023 Results and Declares Third Quarter 2023 Dividend |
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported second quarter 2023 results. George M. Murphy, President and Chief Executive Officer, commented: “Safety's combined ratio of 101.9% for the second quarter is driven mainly by continued inflationary impacts on our private passenger auto line of business. We continue to file rate increases to combat these ongoing industry wide loss trends. For the six months ended June 30, 2023, our poli. |
businesswire.com |
2023-08-02 20:05:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group: A Healthier Mercury Group? |
Safety Insurance Group outperforms Mercury General in terms of underwriting performance and market performance. Safety Insurance has maintained a stable dividend and has a healthier financial position compared to Mercury General. Despite its better performance, Safety Insurance is fairly-valued and may not be the best investment choice compared to other insurance companies like Allstate, Chubb, or Progressive. |
seekingalpha.com |
2023-06-05 06:19:28 |
Czytaj oryginał (ang.) |
| Using MarketBeat Market Data Tools To Find Strong Stocks in a Bear Market |
A bear market occurs when the underlying stock or index falls at least 20% from its highs for more than 60-days. Find stocks using MarketBeat tools. |
marketbeat.com |
2022-07-04 13:28:52 |
Czytaj oryginał (ang.) |
| 5 Market-Beating Yields Defying This Downturn |
In the current environment, with more downside likely to come, one of the best things you and I can do is nothing. |
forbes.com |
2022-06-01 16:30:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Announces Conference Call Information Change for 2022 Annual Meeting of Shareholders |
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ: SAFT) today announced a change for its 2022 Annual Meeting of Shareholders scheduled for Wednesday, June 1, 2022, at 10:00 a.m. to update a teleconference number for shareholders to dial-in remotely. Shareholders will be able to listen to a live teleconference of the meeting by dialing in at (866) 705-2554. The participation code for the meeting is 410073. The process for voting shares at the 2022 Annual Meeting of Shareholders rema |
businesswire.com |
2022-05-27 20:37:00 |
Czytaj oryginał (ang.) |
| Warren Buffett Can't Buy This Stock, But You Can |
Investors don't have to (and shouldn't) limit their picks to only the ones that big-name investors like. |
fool.com |
2021-10-15 14:45:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group: Cheap Insurer With A Good Yield |
Safety Insurance Group: Cheap Insurer With A Good Yield |
seekingalpha.com |
2021-08-10 19:20:15 |
Czytaj oryginał (ang.) |
| New Benjamin Graham List Names, 3 Ideal Dogs For March |
These 70 Graham Stocks were screened for revenue, assets, long-term-debt, and EPS growth as of Feb. 25, 2021, based on Graham's established criteria. Of the 70, representing all eleven Morningstar Sectors, 40 pay dividends. Broker targeted top 10 Graham dividend-paying net-gainers ranged 9.08%-26.73% topped by RGR and DHI as of 2/25/21. |
seekingalpha.com |
2021-03-01 14:57:05 |
Czytaj oryginał (ang.) |
| 122 Dividend Growers Include 18 Ideal Dogs For February |
YCharts US Stock Dividend Growers measure performance of US exchange-traded companies that have increased dividends every year for 10 consecutive years with profitable annual returns. |
seekingalpha.com |
2021-02-26 16:43:11 |
Czytaj oryginał (ang.) |
| Safety Declares First Quarter 2021 Dividend and Schedules Year-End 2020 Events |
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 15, 2021 to shareholders of record at the close of business on March 5, 2021. Safety plans to announce its 2020 annual results on February 24, 2021, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than February 26, 2021. Safety al |
businesswire.com |
2021-02-16 16:45:00 |
Czytaj oryginał (ang.) |
| Safety Insurance Group: A Tried And True Income Stock |
Safety Insurance Group has survived two major upsets - the North American blizzard of 2015 and the ongoing COVID-19 pandemic. It is a well-capitalized firm that has steadily paid dividends since 2003. |
seekingalpha.com |
2020-12-04 01:06:52 |
Czytaj oryginał (ang.) |