Reading the tape
NASDAQ: SAFT
Safety Insurance Group, Inc.
Financial Services · Insurance - Property & Casualty
Market Cap
$1.12B
52w High
$84.20
52w Low
$67.04
P/E
11.28
Volume
23.11K
Outstanding Shares
14.68M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -3.4%Revenue (TTM): 13.01%FCF (TTM): 54.43%P/FCF: 0th pct
What changed
The stock fell 3.4% over the last year. Revenue grew 13.01% over the trailing twelve months. Operating margin moved from 8.1% to 10.1%. Free cash flow grew 54.43% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 10.1%. A decisive move in revenue — currently up 13.01% — would be the clearest signal to resolve the ambiguity.
Company profile
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States.
CEOGeorge Michael Murphy
SectorFinancial Services
IndustryInsurance - Property & Casualty
Employees551
IPO dateNov 22, 2002
Valuation
Forward P/E—
EV/EBITDA8.85
Enterprise value$1.13B
Price / Book1.26
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth10.75%
Gross margin36.43%▲2.85%vs FY2024
Operating margin10.1%▲24.74%vs FY2024
ROE11.12%▲30.28%vs FY2024
Analyst consensus
RatingHold
Target price—
0
Buy
3
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $1.45 · Revenue est $323.19M
View
Dividends
$3.66/shareQuarterlyDividend Achiever · 22yrSafeSAFT pays a dividend with a 4.79% dividend yield, 22 consecutive years of growth, growing at 0.33% annually, covered 3.6× by free cash flow.
Dividend Yield
4.79%
Annual Div / Share
$3.66
5yr CAGR
+0.33%
Doubles every ~209.7yr
Payout Ratio
54.27%
Safe
Dividend Growth Rate
3yr CAGR
+0.55%
5yr CAGR
+0.33%
10yr CAGR
+2.71%
Dividend Safety
9/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$3.66+1.7%
2024$3.60+0.0%
2023$3.60+0.0%
2022$3.60+0.0%
2021$3.60+0.0%
2020$3.60+2.9%
2019$3.50+9.4%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$48/yr
$4/mo
In 5 yrs
$49/yr+2%
$4/mo
In 10 yrs
$49/yr+3%
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$48/yr $4/mo | $49/yr+2% $4/mo | $49/yr+3% $4/mo |
Yield-on-cost grows from 4.79% → 4.95% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
SAFT has raised its dividend for 22 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 3.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.