Analysts Offer Predictions for SAFT FY2026 Earnings

Safety Insurance Group, Inc. (NASDAQ:SAFT) – Equities research analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Safety Insurance Group in a research report issued on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov expects that the insurance provider will earn $4.75 per share for the year. DOWLING & PARTN also issued estimates for Safety Insurance Group’s FY2027 earnings at $6.75 EPS.

Safety Insurance Group (NASDAQ:SAFT) last issued its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($2.17). The company had revenue of $314.67 million for the quarter, compared to the consensus estimate of $315.01 million. Safety Insurance Group had a net margin of 4.94% and a return on equity of 6.31%.

Separately, Wall Street Zen downgraded shares of Safety Insurance Group from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Safety Insurance Group Stock Performance

Shares of Safety Insurance Group stock opened at $71.26 on Thursday. The company has a market capitalization of $1.05 billion, a PE ratio of 16.85 and a beta of 0.24. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.39 and a current ratio of 0.39. The company has a 50-day simple moving average of $73.57 and a two-hundred day simple moving average of $75.76. Safety Insurance Group has a one year low of $67.04 and a one year high of $83.71.

Institutional Investors Weigh In On Safety Insurance Group

Institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its holdings in Safety Insurance Group by 74.8% in the fourth quarter. Allworth Financial LP now owns 388 shares of the insurance provider’s stock worth $30,000 after acquiring an additional 166 shares in the last quarter. Bayban acquired a new stake in Safety Insurance Group in the fourth quarter worth about $31,000. PNC Financial Services Group Inc. boosted its holdings in Safety Insurance Group by 62.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 416 shares of the insurance provider’s stock worth $32,000 after acquiring an additional 160 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in Safety Insurance Group by 419.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 488 shares of the insurance provider’s stock worth $38,000 after acquiring an additional 394 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Safety Insurance Group by 1,317.1% in the second quarter. EverSource Wealth Advisors LLC now owns 496 shares of the insurance provider’s stock worth $39,000 after acquiring an additional 461 shares in the last quarter. Institutional investors and hedge funds own 81.04% of the company’s stock.

Insider Buying and Selling

In other Safety Insurance Group news, major shareholder Corp Srb sold 14,151 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $71.12, for a total value of $1,006,419.12. Following the completion of the sale, the insider directly owned 1,794,655 shares in the company, valued at approximately $127,635,863.60. This trade represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.20% of the company’s stock.

Safety Insurance Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be issued a $0.92 dividend. The ex-dividend date is Monday, June 1st. This represents a $3.68 dividend on an annualized basis and a yield of 5.2%. Safety Insurance Group’s payout ratio is currently 87.00%.

Safety Insurance Group Company Profile

Safety Insurance Group, Inc is a publicly traded property and casualty insurance holding company incorporated in Massachusetts in 1994. Its principal subsidiary, Safety Insurance Company, traces its roots back to 1923 and has since evolved into a regional personal lines insurer. The company is headquartered in Boston, Massachusetts, and trades on the Nasdaq under the symbol SAFT.

Safety Insurance Group focuses primarily on private passenger automobile and homeowners insurance products, along with dwelling fire, umbrella liability, and certain commercial auto coverages.