Safety Insurance Group Inc

Safety Insurance Group Inc

SAFT · NASDAQ · Financial Services / Insurance - Property & Casualty

104.47USD+0.13 (+0.12%)

Price History

Full chart

Market Stats

Previous Close104.34
Open104.35
Day Range104.35 – 104.52
52-Week Range64.01 – 103.88
Volume45.30K
Market Cap1.52B
P/E (TTM)22.26
Forward P/E17.12
EPS4.65
Dividend Yield3.56%
Beta0.17
50-Day Avg99.83
200-Day Avg81.22

About

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, 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, and insure individual vehicles, as well as 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; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. 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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. George Michael Murphy C.P.C.U.
  • Employees568
  • Headquarters20 Custom House Street, Boston, MA, United States, 02110, USA
  • Websitehttps://www.safetyinsurance.com

Leadership

  • Mr. George Michael Murphy C.P.C.U.President, CEO & Chairperson of the Board · b. 1967
  • Mr. John Patrick DragoVice President of Marketing · b. 1967
  • Ms. Mary Frances McConnellVice President of Underwriting · b. 1984
  • Mr. Glenn Robert Hiltpold FCAS, MAAAVice President of Actuarial Services · b. 1971
  • Mr. Brian Siu-Gae LamVice President of Insurance Operations · b. 1980

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue287.29M341.15M417.57M103.80M529.29M591.79M636.44M671.46M680.71M670.08M641.00M591.95M612.72M682.11M725.34M760.95M795.96M803.58M827.35M843.66M834.91M875.82M840.40M864.72M785.06M925.95M1.11B1.25B
Growth (%)-+18.75%+22.40%-75.14%+409.93%+11.81%+7.54%+5.50%+1.38%-1.56%-4.34%-7.65%+3.51%+11.32%+6.34%+4.91%+4.60%+0.96%+2.96%+1.97%-1.04%+4.90%-4.04%+2.89%-9.21%+17.95%+19.85%+13.01%
Cost of Revenue188.91M225.24M275.14M470.15M504.04M551.61M570.14M532.26M516.13M545.15M369.82M346.30M360.85M466.64M422.22M447.75M476.37M612.57M493.43M503.89M485.51M509.85M404.56M461.73M491.98M642.30M716.64M797.18M
Gross Profit98.38M341.15M142.43M103.80M25.25M40.19M66.30M139.19M164.59M124.93M271.18M245.65M251.87M215.47M303.12M313.20M319.59M191.01M333.91M339.78M349.39M365.97M435.85M402.99M293.08M283.64M393.10M456.89M
Gross Margin34.24%100.00%34.11%100.00%4.77%6.79%10.42%20.73%24.18%18.64%42.31%41.50%41.11%31.59%41.79%41.16%40.15%23.77%40.36%40.27%41.85%41.79%51.86%46.60%37.33%30.63%35.42%36.43%
Operating Expense76.19M323.43M114.90M-9.67M13.50M646.00K672.00K948.00K86.00K83.00K173.07M171.26M172.91M179.25M200.23M209.85M218.24M211.64M229.92M246.44M239.82M242.29M261.07M238.72M233.50M259.22M303.23M330.21M
Operating Income22.19M17.72M27.53M113.46M11.74M39.54M65.63M138.25M164.50M124.85M98.11M74.39M78.96M36.22M102.90M103.36M101.36M-20.63M103.99M93.33M109.58M123.68M174.77M164.27M59.58M24.42M89.87M126.68M
Operating Margin7.72%5.19%6.59%109.31%2.22%6.68%10.31%20.59%24.17%18.63%15.31%12.57%12.89%5.31%14.19%13.58%12.73%-2.57%12.57%11.06%13.12%14.12%20.80%19.00%7.59%2.64%8.10%10.10%
EBITDA23.91M17.72M30.49M113.46M23.75M47.67M74.34M147.51M173.08M134.97M109.44M86.58M91.58M27.91M95.83M100.10M96.53M-24.65M97.75M91.83M109.81M129.26M182.74M171.69M66.72M32.19M99.84M134.99M
EBITDA Margin8.32%5.19%7.30%109.31%4.49%8.05%11.68%21.97%25.43%20.14%17.07%14.63%14.95%4.09%13.21%13.15%12.13%-3.07%11.82%10.88%13.15%14.76%21.74%19.85%8.50%3.48%9.00%10.76%
Net Income14.41M16.30M19.27M111.64M9.24M28.48M44.99M95.18M111.94M87.41M70.26M54.15M56.34M13.70M58.07M61.35M59.35M-13.85M64.58M62.39M83.19M99.60M138.21M130.71M46.56M18.88M70.73M99.25M
Net Income Margin5.02%4.78%4.62%107.56%1.75%4.81%7.07%14.18%16.44%13.05%10.96%9.15%9.20%2.01%8.01%8.06%7.46%-1.72%7.81%7.39%9.96%11.37%16.45%15.12%5.93%2.04%6.37%7.91%
R&D-------------00000000-------
R&D as % of Total Revenue-------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense1.72M1.42M1.07M1.82M7.25M646.00K672.00K948.00K86.00K83.00K81.00K135.00K88.00K88.00K88.00K89.00K90.00K90.00K90.00K90.00K90.00K90.00K440.00K522.00K524.00K818.00K509.00K1.53M
Interest Expense % of Total Revenue0.60%0.42%0.26%1.76%1.37%0.11%0.11%0.14%0.01%0.01%0.01%0.02%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.05%0.06%0.07%0.09%0.05%0.12%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets734.65M770.01M833.34M836.49M978.60M1.08B1.21B1.26B1.36B1.45B1.44B1.43B1.44B1.47B1.57B1.63B1.68B1.70B1.76B1.81B1.86B2.02B2.05B2.12B1.97B1.97B2.27B2.47B
Total Liabilities563.50M594.90M620.39M727.51M733.34M808.28M901.11M869.73M859.40M876.99M834.45M807.40M785.98M816.25M879.99M930.27M967.44M1.06B1.09B1.11B1.14B1.21B1.17B1.19B1.16B1.16B1.44B1.58B
Total Equity171.15M175.10M212.95M108.98M245.25M268.02M305.33M387.95M496.35M570.00M603.37M620.43M653.48M656.31M694.36M695.19M708.28M644.50M670.73M701.02M718.64M808.41M884.68M927.17M812.00M804.27M828.46M892.31M
Cash----34.78M26.28M155.67M163.03M26.28M46.31M60.45M74.47M40.29M37.89M35.38M55.88M42.45M47.49M20.05M41.71M37.58M44.41M53.77M63.60M25.30M38.15M58.97M73.90M
Total Debt----39.35M40.66M37.27M20.09M16.32M17.92M-----------34.00M61.00M57.12M58.34M49.76M45.73M61.86M
Net Debt----4.57M14.38M-118.40M-142.94M-9.96M-28.39M-60.45M-74.47M-40.29M-37.89M-35.38M-55.88M-42.45M-47.49M-20.05M-41.71M-37.58M-10.41M7.23M-6.49M33.04M11.60M-13.24M-12.04M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow47.78M30.15M85.38M85.19M126.18M116.42M101.23M116.83M72.81M64.07M51.11M39.94M104.35M110.86M97.57M22.89M98.82M82.04M127.69M112.46M109.46M141.39M44.33M52.11M128.69M194.50M
Investing Cash Flow-32.95M--63.66M-89.20M7.82M-82.77M-230.40M-74.81M-28.88M16.50M-54.42M-12.88M-74.44M-51.30M-48.52M23.84M-84.25M-14.92M-83.00M-52.96M-35.52M-65.99M-19.99M24.27M-54.54M-125.71M
Financing Cash Flow-4.34M119.32M776.00K-4.47M-4.61M-26.29M-7.57M-21.99M-29.80M-66.55M-30.86M-29.46M-32.41M-39.07M-62.47M-41.70M-42.01M-45.46M-48.81M-52.67M-64.57M-65.57M-62.64M-63.53M-53.33M-53.87M
Capital Expenditure2.21M680.00K716.00K998.00K432.00K766.00K1.00M8.03M113.94M335.00K2.39M4.38M4.21M4.92M1.76M4.04M4.91M5.96M11.18M9.59M9.95M8.22M2.09M1.78M4.37M2.51M
Free Cash Flow45.56M-84.66M84.19M125.74M115.65M100.22M108.79M-41.12M63.73M48.71M35.57M100.14M105.94M95.81M18.85M93.91M76.08M116.51M102.86M99.51M133.17M42.23M50.33M124.32M191.99M
Dividends Paid--1.50M5.19M6.77M9.41M13.73M21.05M26.02M24.84M27.10M30.32M33.63M36.87M39.30M41.98M42.27M45.46M48.81M52.67M54.58M54.01M53.04M53.29M53.33M53.87M
FCF to OCF95.37%-99.16%98.83%99.66%99.34%99.01%93.12%-56.47%99.48%95.32%89.04%95.97%95.56%98.20%82.35%95.03%92.74%91.24%91.47%90.91%94.18%95.28%96.58%96.61%98.71%
Dividend Paid to FCF--1.77%6.16%5.38%8.14%13.70%19.35%-63.26%38.97%55.63%85.26%33.59%34.80%41.02%222.68%45.00%59.75%41.90%51.20%54.84%40.56%125.58%105.88%42.89%28.06%

Earnings

Report DateDec 31, 2002May 14, 2003Aug 8, 2003Nov 12, 2003Mar 9, 2004May 5, 2004Aug 4, 2004Nov 4, 2004Mar 10, 2005May 5, 2005Aug 5, 2005Nov 3, 2005Mar 10, 2006May 5, 2006Aug 4, 2006Nov 3, 2006Feb 26, 2007May 7, 2007Aug 3, 2007Nov 5, 2007Mar 10, 2008May 6, 2008Aug 4, 2008Nov 3, 2008Mar 9, 2009May 5, 2009Aug 4, 2009Nov 2, 2009Mar 9, 2010May 5, 2010Aug 4, 2010Nov 2, 2010Mar 9, 2011May 4, 2011Aug 3, 2011Nov 2, 2011Mar 8, 2012May 3, 2012Aug 1, 2012Nov 2, 2012Mar 11, 2013May 6, 2013Aug 7, 2013Nov 4, 2013Mar 11, 2014May 6, 2014Aug 6, 2014Nov 4, 2014Feb 24, 2015May 5, 2015Aug 5, 2015Nov 3, 2015Feb 23, 2016May 3, 2016Aug 3, 2016Nov 1, 2016Feb 22, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Feb 26, 2018May 2, 2018Aug 1, 2018Oct 31, 2018Feb 26, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 26, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Feb 24, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 23, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 22, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 27, 2024May 8, 2024Aug 7, 2024Oct 30, 2024Feb 25, 2025May 6, 2025Aug 6, 2025Nov 4, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 2, 2026
EPS Estimate-0.250.330.430.380.370.500.550.630.620.971.091.000.911.291.381.481.271.261.341.291.151.141.170.830.911.010.960.740.760.880.880.720.780.950.890.600.700.770.870.630.790.810.800.820.751.040.940.72-0.331.351.060.720.681.081.050.740.781.371.090.800.451.551.350.931.151.700.851.181.352.301.451.321.651.501.151.091.151.051.151.101.001.201.000.770.501.301.40--0.000.001.530.00--
EPS Actual0.070.190.430.440.360.410.660.980.840.921.461.921.691.941.811.811.421.531.421.421.051.181.301.140.740.730.961.110.680.851.001.030.86-0.260.270.580.311.131.110.940.590.911.171.110.740.791.381.030.71-2.37-0.060.770.710.841.411.230.780.791.391.180.720.711.811.761.831.361.470.981.441.571.952.532.551.931.851.701.550.991.911.130.98-0.870.800.590.301.361.181.100.551.481.451.911.58-0.992.03-
Surprise--24.00%30.30%2.33%-5.26%10.81%32.00%78.18%33.33%48.39%50.52%76.15%69.00%113.19%40.31%31.16%-4.05%20.47%12.70%5.97%-18.60%2.61%14.04%-2.56%-10.84%-19.78%-4.95%15.63%-8.11%11.84%13.64%17.05%19.44%-133.33%-71.58%-34.83%-48.33%61.43%44.16%8.05%-6.35%15.19%44.44%38.75%-9.76%5.33%32.69%9.57%-1.39%-618.18%-104.44%-27.36%-1.39%23.53%30.56%17.14%5.41%1.28%1.46%8.26%-10.00%57.78%16.77%30.37%96.77%18.26%-13.53%15.29%22.03%16.30%-15.22%74.48%93.18%16.97%23.33%47.83%42.20%-13.91%81.90%-1.74%-10.91%-187.00%-33.33%-41.00%-61.04%172.00%-9.23%-21.43%----3.27%---
Timing-After-hours-After-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market-After-hours--After-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.52B
Enterprise Value1.51B
Trailing P/E22.26
Forward P/E17.12
PEG Ratio0.95
Price / Sales1.18
Price / Book1.74
EPS4.65
Book Value59.71
Revenue (TTM)1.29B
Gross Profit (TTM)98.34M
EBITDA95.54M
Profit Margin5.33%
Operating Margin13.69%
Return on Equity7.84%
Return on Assets2.31%
Shares Outstanding14.68M
Shares Float14.35M
Beta0.17
Dividend Yield3.56%
Dividend Rate3.68
Payout Ratio81.26%

Ownership Breakdown

Institutions
79.82%
Insiders
2.12%
Retail / Other
18.06%

Top Institutional Holders

  • BlackRock Inc
    2.24M15.23%
  • SRB Corp
    1.79M12.22%
  • Vanguard Portfolio Management, LLC
    845.76K5.76%
  • State Street Corp
    757.98K5.16%
  • Dimensional Fund Advisors, Inc.
    731.18K4.98%
  • Vanguard Capital Management, LLC
    651.54K4.44%
  • The Goldman Sachs Group Inc
    405.28K2.76%
  • Geode Capital Management, LLC
    376.95K2.57%
  • AQR Capital Management LLC
    301.02K2.05%
  • Adage Capital Partners Gp LLC
    300.00K2.04%
  • JPMorgan Chase & Co
    275.75K1.88%
  • Charles Schwab Investment Management Inc
    216.00K1.47%
  • American Century Companies Inc
    168.28K1.15%
  • Two Sigma Investments LLC
    168.24K1.15%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    895.08K6.12%
  • Vanguard MStar Total Stk Mkt Idx Invest
    470.50K3.22%
  • iShares Russell 2000 ETF
    382.68K2.62%
  • Vanguard Small Cap Index
    337.68K2.31%
  • Vanguard MStar Small Cap Value Index
    214.56K1.47%
  • Stt Strt SPDR S&P Glbl DivAristETF
    200.38K1.37%

Dividends

20263×
0.92Sep 1, 20260.92Jun 1, 20260.92Mar 2, 2026
20254×
0.92Dec 1, 20250.92Sep 2, 20250.90Jun 2, 20250.90Mar 3, 2025
20244×
0.90Dec 2, 20240.90Sep 3, 20240.90Jun 3, 20240.90Feb 29, 2024
20234×
0.90Nov 30, 20230.90Aug 31, 20230.90May 31, 20230.90Feb 28, 2023
20224×
0.90Nov 30, 20220.90Aug 31, 20220.90May 31, 20220.90Feb 28, 2022
20214×
0.90Nov 30, 20210.90Aug 31, 20210.90May 28, 20210.90Mar 4, 2021
20201×
0.90Nov 30, 2020