Safety Insurance Group (SAFT) Projected to Post Quarterly Earnings on Tuesday

Safety Insurance Group (NASDAQ:SAFT) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.17 per share for the quarter.

Safety Insurance Group Price Performance

Shares of NASDAQ SAFT opened at $77.75 on Monday. The business’s 50-day moving average price is $79.77 and its two-hundred day moving average price is $81.90. Safety Insurance Group has a one year low of $73.38 and a one year high of $90.00. The company has a market capitalization of $1.15 billion, a P/E ratio of 15.40 and a beta of 0.20.

Safety Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.90 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $3.60 annualized dividend and a dividend yield of 4.63%. Safety Insurance Group’s dividend payout ratio (DPR) is presently 71.29%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Safety Insurance Group from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th.

Safety Insurance Group Company Profile

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-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.