Safety Insurance Group (NASDAQ:SAFT) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Thursday.
Shares of NASDAQ:SAFT opened at $80.15 on Thursday. The stock has a market cap of $1.22 billion, a P/E ratio of 16.00 and a beta of 0.68. Safety Insurance Group has a one year low of $70.45 and a one year high of $99.70.
Safety Insurance Group (NASDAQ:SAFT) last announced its earnings results on Wednesday, October 31st. The insurance provider reported $1.76 EPS for the quarter. The business had revenue of $215.91 million for the quarter. Safety Insurance Group had a return on equity of 11.02% and a net margin of 8.99%.
Safety Insurance Group Company Profile
Safety Insurance Group, Inc provides private passenger and commercial automobile insurance in Massachusetts, New Hampshire, and Maine, 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.
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