Shares of Safety Insurance Group, Inc. (NASDAQ:SAFT) have been given a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. Safety Insurance Group’s rating score has improved by 40% in the last three months as a result of a number of analysts’ ratings changes.
Zacks has also given Safety Insurance Group an industry rank of 197 out of 265 based on the ratings given to related companies.
SAFT has been the topic of a number of research analyst reports. BidaskClub raised shares of Safety Insurance Group from a “hold” rating to a “buy” rating in a report on Wednesday, March 21st. Compass Point raised shares of Safety Insurance Group from a “sell” rating to a “neutral” rating and set a $70.00 price objective on the stock in a report on Thursday, March 8th.
NASDAQ:SAFT opened at $76.85 on Thursday. Safety Insurance Group has a twelve month low of $65.75 and a twelve month high of $84.00. The stock has a market capitalization of $1,169.58, a PE ratio of 18.84 and a beta of 0.76.
Safety Insurance Group (NASDAQ:SAFT) last posted its earnings results on Monday, February 26th. The insurance provider reported $0.72 earnings per share for the quarter. Safety Insurance Group had a net margin of 7.43% and a return on equity of 8.99%. The business had revenue of $213.57 million for the quarter.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date was Wednesday, February 28th.
ILLEGAL ACTIVITY WARNING: “Zacks: Safety Insurance Group, Inc. (SAFT) Receives Consensus Recommendation of “Hold” from Brokerages” was published by Week Herald and is the property of of Week Herald. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://weekherald.com/2018/04/23/zacks-safety-insurance-group-inc-saft-receives-consensus-recommendation-of-hold-from-brokerages.html.
About Safety Insurance Group
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Safety Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safety Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.