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Safety Insurance Group Inc (SAFT)

Upturn stock ratingUpturn stock rating
$74.39
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/14/2025: SAFT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit -38.29%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.17B USD
Price to earnings Ratio 16.09
1Y Target Price 70
Price to earnings Ratio 16.09
1Y Target Price 70
Volume (30-day avg) -
Beta 0.26
52 Weeks Range 69.94 - 87.31
Updated Date 06/29/2025
52 Weeks Range 69.94 - 87.31
Updated Date 06/29/2025
Dividends yield (FY) 4.57%
Basic EPS (TTM) 4.9

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 6.29%
Operating Margin (TTM) 9.4%

Management Effectiveness

Return on Assets (TTM) 2.65%
Return on Equity (TTM) 8.75%

Valuation

Trailing PE 16.09
Forward PE -
Enterprise Value 1154172639
Price to Sales(TTM) 1.02
Enterprise Value 1154172639
Price to Sales(TTM) 1.02
Enterprise Value to Revenue 1.01
Enterprise Value to EBITDA -
Shares Outstanding 14893600
Shares Floating 14538490
Shares Outstanding 14893600
Shares Floating 14538490
Percent Insiders 1.91
Percent Institutions 85.12

ai summary icon Upturn AI SWOT

Safety Insurance Group Inc

stock logo

Company Overview

overview logo History and Background

Safety Insurance Group, Inc. was founded in 1979 in Boston, Massachusetts, as Safety Insurance Company. Initially focused on providing auto insurance in Massachusetts, it has since expanded its product offerings and geographical reach.

business area logo Core Business Areas

  • Personal Lines Insurance: Provides auto, homeowners, dwelling fire, umbrella, and personal articles insurance to individuals.
  • Commercial Lines Insurance: Offers commercial auto, commercial package, workers' compensation, and commercial umbrella insurance to businesses.

leadership logo Leadership and Structure

The company is led by a board of directors and an executive management team. The organizational structure includes departments for underwriting, claims, finance, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • Auto Insurance: Provides coverage for vehicle damage, bodily injury liability, and uninsured/underinsured motorist protection. Competitors include Progressive (PGR), GEICO (BRK.A), and Allstate (ALL). Market share data varies by state and product line; precise figures are not publicly disclosed at the requested level of granularity.
  • Homeowners Insurance: Protects homeowners from financial losses due to property damage, theft, or liability claims. Competitors include State Farm, Liberty Mutual, and Travelers (TRV). Market share data varies by state and product line; precise figures are not publicly disclosed at the requested level of granularity.
  • Commercial Auto Insurance: Provides vehicle coverage for businesses. Competitors include Travelers (TRV), The Hartford (HIG), and CNA Financial (CNA). Market share data varies by state and product line; precise figures are not publicly disclosed at the requested level of granularity.

Market Dynamics

industry overview logo Industry Overview

The property and casualty (P&C) insurance industry is highly competitive, with numerous national and regional players. Factors influencing the industry include interest rates, regulatory changes, and catastrophic events.

Positioning

Safety Insurance Group Inc. primarily operates in the New England region, focusing on providing coverage through independent agents. Its competitive advantages include its strong agent network and local market expertise.

Total Addressable Market (TAM)

The TAM for P&C insurance in the U.S. is estimated to be in the hundreds of billions of dollars annually. Safety Insurance is well-positioned in the New England region but has the opportunity to expand within that geographic region.

Upturn SWOT Analysis

Strengths

  • Strong agent network
  • Local market expertise in New England
  • Consistent profitability
  • Solid capital position

Weaknesses

  • Geographic concentration in New England
  • Limited product diversification
  • Reliance on independent agents
  • Smaller size compared to national competitors

Opportunities

  • Geographic expansion into adjacent states
  • Product diversification into new insurance lines
  • Technological advancements to improve efficiency
  • Strategic partnerships with other companies

Threats

  • Increased competition from national insurers
  • Regulatory changes that could increase costs
  • Catastrophic events that could lead to significant claims
  • Economic downturn impacting insurance demand

Competitors and Market Share

competitor logo Key Competitors

  • TRV
  • HIG
  • ALL
  • PGR
  • BRK.A

Competitive Landscape

Safety Insurance Group Inc. faces stiff competition from national players with larger market share. Its strength lies in its local market knowledge and agent relationships. This allows them to be nimble within their core market but makes expansion costly.

Major Acquisitions

No notable acquisitions to date

  • Year:
  • Acquisition Price (USD millions):
  • Strategic Rationale: Safety Insurance Group Inc. has primarily focused on organic growth rather than acquisitions.

Growth Trajectory and Initiatives

Historical Growth: The company has shown consistent revenue growth driven by expansion within its core markets. More recent financial statements should be reviewed.

Future Projections: Analyst estimates suggest continued growth, but these projections depend on market conditions and company performance. Further research and consulting recent research reports is recommended.

Recent Initiatives: The Company has invested in tech to improve workflows. More recent financial statements should be reviewed to see where investments are being made.

Summary

Safety Insurance Group Inc. is a well-established regional insurer with a strong presence in New England. The company's strengths lie in its agent network, local expertise, and consistent profitability. However, its geographic concentration and smaller size compared to national competitors pose challenges. Opportunities for growth include geographic and product expansion, while threats include increased competition and regulatory changes.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates
  • Financial databases (Illustrative)

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share and financial data are estimates and may not be precise. Investment decisions should be made based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Safety Insurance Group Inc

Exchange NASDAQ
Headquaters Boston, MA, United States
IPO Launch date 2002-11-22
President, CEO & Chairperson of the Board Mr. George Michael Murphy C.P.C.U.
Sector Financial Services
Industry Insurance - Property & Casualty
Full time employees 551
Full time employees 551

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company offers private passenger automobile policies that provide 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. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella, which offers an excess liability product to clients, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.