Media stories about Safety Insurance Group (NASDAQ:SAFT) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safety Insurance Group earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 44.6203939532007 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Safety Insurance Group (SAFT) opened at $80.20 on Thursday. The company has a market capitalization of $1,205.34, a P/E ratio of 19.33 and a beta of 0.79. Safety Insurance Group has a 12-month low of $65.75 and a 12-month high of $84.00.
Safety Insurance Group (NASDAQ:SAFT) last released its earnings results on Wednesday, November 1st. The insurance provider reported $1.18 earnings per share (EPS) for the quarter. Safety Insurance Group had a return on equity of 9.18% and a net margin of 7.57%.
A number of brokerages recently commented on SAFT. BidaskClub cut Safety Insurance Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 7th. Compass Point lowered Safety Insurance Group from a “neutral” rating to a “sell” rating in a research report on Monday, October 16th.
In other news, Director David F. Brussard sold 14,549 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $81.36, for a total value of $1,183,706.64. Following the completion of the transaction, the director now directly owns 12,077 shares of the company’s stock, valued at $982,584.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Frederic H. Lindeberg sold 1,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $83.16, for a total value of $83,160.00. Following the completion of the transaction, the director now owns 19,000 shares of the company’s stock, valued at $1,580,040. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,505 shares of company stock worth $2,712,266. Company insiders own 4.90% 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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