Media headlines about Safety Insurance Group (NASDAQ:SAFT) have been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Safety Insurance Group earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 45.7471049500459 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
SAFT stock opened at $77.00 on Friday. The stock has a market capitalization of $1,171.10, a P/E ratio of 18.86 and a beta of 0.68. Safety Insurance Group has a fifty-two week low of $65.75 and a fifty-two week high of $84.00.
Safety Insurance Group (NASDAQ:SAFT) last posted its quarterly earnings data on Monday, February 26th. The insurance provider reported $0.72 earnings per share for the quarter. The business had revenue of $213.57 million during the quarter. Safety Insurance Group had a net margin of 7.43% and a return on equity of 8.99%.
Several equities research analysts recently weighed in on the stock. BidaskClub downgraded shares of Safety Insurance Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 7th. Compass Point raised shares of Safety Insurance Group from a “sell” rating to a “neutral” rating and set a $70.00 price objective for the company in a report on Thursday, March 8th.
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Safety Insurance Group Company Profile
Safety Insurance Group, Inc is a provider of private passenger automobile insurance. The Company offers a portfolio of property and casualty insurance products. The Company is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft.
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