Safety Insurance Group (SAFT)
NASDAQ:SAFT
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Safety Insurance Group
(NASDAQ:SAFT)
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Rating:68Neutral
Price Target:
$78.00
▲(1.30% Upside)
Action:Downgraded
Date:05/09/26
The score is primarily supported by strong financial resilience (low leverage and consistently positive cash flow), but it is held back by clear technical weakness (below major moving averages with negative MACD) and mixed valuation signals driven by a negative P/E despite an attractive dividend yield.
Positive Factors
Low leverage / strong balance sheet
Very low debt-to-equity (~0.06–0.07) provides durable financial flexibility in the capital-intensive P&C industry. This conservatism supports absorbing underwriting volatility or catastrophe losses, preserves capacity for reinsurance and investments, and underpins sustained underwriting discipline and capital returns.
Negative Factors
TTM margin deterioration
A meaningful step-down in trailing-twelve-month margins versus 2025 signals weakening underwriting profitability or rising expense/claim severity. If persistent, this pressures earnings power, reduces retained surplus growth, and may require higher pricing, tighter underwriting, or more reinsurance to restore margin durability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt-to-equity (~0.06–0.07) provides durable financial flexibility in the capital-intensive P&C industry. This conservatism supports absorbing underwriting volatility or catastrophe losses, preserves capacity for reinsurance and investments, and underpins sustained underwriting discipline and capital returns.
Read all positive factors
Safety Insurance Group (SAFT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.06B
Dividend Yield4.59%
Average Volume (3M)102.78K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth10.67%
EPS Growth-13.23%
CountryUS
Employees551
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)4.25
Shares Outstanding14,683,434
10 Day Avg. Volume123,200
30 Day Avg. Volume102,777
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)1.28
Price to Sales (P/S)0.91
P/FCF Ratio5.97
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue0.85
Enterprise Value/Gross Profit2.59
Enterprise Value/Ebitda11.69
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6.75
Revenue Forecast (FY)N/A
Safety Insurance Group Business Overview & Revenue Model
Company Description
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no...
How the Company Makes Money
Safety Insurance Group makes money primarily through (1) underwriting income from insurance operations and (2) investment income on its investment portfolio. Underwriting revenue is generated by collecting insurance premiums from policyholders for...
Safety Insurance Group Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.27B | 1.25B | 1.11B | 925.95M | 785.06M | 864.72M |
| Gross Profit | 415.07M | 456.89M | 393.10M | 283.64M | 293.08M | 402.99M |
| EBITDA | 92.04M | 128.21M | 99.84M | 32.19M | 66.72M | 171.69M |
| Net Income | 63.04M | 99.25M | 70.73M | 18.88M | 46.56M | 130.71M |
Balance Sheet | ||||||
| Total Assets | 2.43B | 2.47B | 2.27B | 2.09B | 1.97B | 2.12B |
| Cash, Cash Equivalents and Short-Term Investments | 54.83M | 773.93M | 612.36M | 1.09B | 1.08B | 1.28B |
| Total Debt | 61.10M | 61.86M | 45.73M | 49.76M | 58.34M | 57.12M |
| Total Liabilities | 1.58B | 1.58B | 1.44B | 1.29B | 1.16B | 1.19B |
| Stockholders Equity | 855.75M | 892.31M | 828.46M | 804.27M | 812.00M | 927.17M |
Cash Flow | ||||||
| Free Cash Flow | 170.27M | 191.99M | 124.32M | 50.33M | 42.23M | 133.17M |
| Operating Cash Flow | 174.29M | 194.50M | 128.69M | 52.11M | 44.33M | 141.39M |
| Investing Cash Flow | -130.28M | -125.71M | -54.54M | 24.27M | -19.99M | -65.99M |
| Financing Cash Flow | -53.89M | -53.87M | -53.33M | -63.53M | -62.64M | -65.57M |
Safety Insurance Group Technical Analysis
Neutral
77.00
Price Trends
73.69
Negative
75.11
Negative
73.26
Negative
Market Momentum
-0.92
Positive
46.90
Neutral
57.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SAFT, the sentiment is Neutral. The current price of 77 is above the 20-day moving average (MA) of 73.68, above the 50-day MA of 73.69, and above the 200-day MA of 73.26, indicating a bearish trend. The MACD of -0.92 indicates Positive momentum. The RSI at 46.90 is Neutral, neither overbought nor oversold. The STOCH value of 57.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SAFT.
Safety Insurance Group Risk Analysis
Safety Insurance Group disclosed 24 risk factors in its most recent earnings report. Safety Insurance Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Safety Insurance Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $1.10B | 4.38 | 37.50% | 2.18% | 3.57% | 198.87% | |
78 Outperform | $1.26B | 7.88 | 14.36% | 1.73% | 10.58% | 96.22% | |
74 Outperform | $728.09M | 5.52 | 43.68% | ― | 1.25% | 157.31% | |
71 Outperform | $647.90M | 13.60 | 10.41% | 3.51% | -2.46% | -11.49% | |
68 Neutral | $1.06B | -18.38 | 7.16% | 4.59% | 10.67% | -13.23% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
54 Neutral | $1.27B | 37.61 | 4.95% | ― | -4.32% | 53.30% |
* Financial Sector Average
SAFT
Safety Insurance Group
72.87
-5.75
-7.32%
DGICA
Donegal Group
17.44
-2.16
-11.04%
PRA
ProAssurance
24.60
1.44
6.22%
UFCS
United Fire Group
48.04
20.83
76.54%
UVE
Universal Insurance Holdings
39.92
14.02
54.13%
HRTG
Heritage Insurance Holdings
23.27
-0.12
-0.51%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.