News articles about Safety Insurance Group (NASDAQ:SAFT) have been trending positive this week, according to Alpha One Sentiment Analysis. Alpha One, a service of Accern, identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Safety Insurance Group earned a news sentiment score of 0.34 on Alpha One’s scale. Alpha One also assigned media coverage about the company an impact score of 30 out of 100, indicating that recent media coverage is unlikely to have an impact on the company’s share price in the near term.
Safety Insurance Group (NASDAQ:SAFT) traded down 1.51% during midday trading on Thursday, reaching $68.55. 32,319 shares of the company were exchanged. Safety Insurance Group has a 52 week low of $54.43 and a 52 week high of $75.05. The stock has a market capitalization of $1.04 billion, a P/E ratio of 16.05 and a beta of 0.68. The firm’s 50 day moving average price is $70.36 and its 200-day moving average price is $70.56.
Safety Insurance Group (NASDAQ:SAFT) last announced its quarterly earnings results on Wednesday, February 22nd. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. Safety Insurance Group had a net margin of 7.73% and a return on equity of 9.43%. During the same period last year, the firm earned $0.69 earnings per share. Equities analysts forecast that Safety Insurance Group will post $4.08 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st were paid a $0.70 dividend. The ex-dividend date of this dividend was Monday, February 27th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.08%. Safety Insurance Group’s dividend payout ratio is presently 67.15%.
In other news, VP David E. Krupa sold 745 shares of Safety Insurance Group stock in a transaction that occurred on Friday, March 31st. The shares were sold at an average price of $69.30, for a total value of $51,628.50. Following the completion of the sale, the vice president now directly owns 22,925 shares in the company, valued at $1,588,702.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David E. Krupa sold 1,492 shares of Safety Insurance Group stock in a transaction that occurred on Friday, March 17th. The stock was sold at an average price of $71.30, for a total transaction of $106,379.60. Following the completion of the sale, the vice president now owns 23,670 shares of the company’s stock, valued at $1,687,671. The disclosure for this sale can be found here. Insiders sold 6,237 shares of company stock valued at $444,858 over the last quarter. Company insiders own 6.20% of the company’s stock.
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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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