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 Safety Insurance Group in a research report issued to clients and investors on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov forecasts that the insurance provider will post earnings per share of $4.75 for the year. DOWLING & PARTN also issued estimates for Safety Insurance Group’s FY2027 earnings at $6.75 EPS.

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

Safety Insurance Group Trading Down 1.4%

Shares of NASDAQ:SAFT opened at $71.26 on Thursday. Safety Insurance Group has a 52-week low of $67.04 and a 52-week high of $83.71. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 16.85 and a beta of 0.24. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.06. The business has a 50-day moving average price of $73.57 and a 200-day moving average price of $75.76.

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

Safety Insurance Group Dividend Announcement

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

Insider Activity at Safety Insurance Group

In other news, major shareholder Corp Srb sold 14,151 shares of Safety Insurance Group stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $71.12, for a total transaction of $1,006,419.12. Following the completion of the transaction, the insider directly owned 1,794,655 shares of the company’s stock, valued at $127,635,863.60. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by insiders.

Institutional Trading of Safety Insurance Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd increased its holdings in Safety Insurance Group by 2.8% in the fourth quarter. XTX Topco Ltd now owns 4,745 shares of the insurance provider’s stock valued at $370,000 after buying an additional 127 shares in the last quarter. Amalgamated Bank raised its position in shares of Safety Insurance Group by 3.5% in the third quarter. Amalgamated Bank now owns 4,377 shares of the insurance provider’s stock worth $309,000 after acquiring an additional 150 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Safety Insurance Group by 0.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 23,753 shares of the insurance provider’s stock worth $1,851,000 after acquiring an additional 152 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Safety Insurance Group by 62.5% during the 4th 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. Finally, Allworth Financial LP grew its position in shares of Safety Insurance Group by 74.8% during the 4th quarter. Allworth Financial LP now owns 388 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 166 shares during the period. Institutional investors and hedge funds own 81.04% of the company’s stock.

About Safety Insurance Group

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.