Safety Insurance Group (NASDAQ:SAFT) Getting Somewhat Positive Media Coverage, Report Finds

Headlines about Safety Insurance Group (NASDAQ:SAFT) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safety Insurance Group earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the insurance provider an impact score of 45.6816560850503 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s rankings:

Separately, BidaskClub downgraded shares of Safety Insurance Group from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd.

Safety Insurance Group (NASDAQ SAFT) opened at 72.30 on Friday. Safety Insurance Group has a 12-month low of $62.75 and a 12-month high of $75.05. The stock has a market cap of $1.10 billion, a PE ratio of 17.21 and a beta of 0.77. The firm has a 50 day moving average of $69.23 and a 200-day moving average of $69.90.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be issued a $0.80 dividend. This is a boost from Safety Insurance Group’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.20 annualized dividend and a dividend yield of 4.43%. Safety Insurance Group’s dividend payout ratio is presently 66.67%.

COPYRIGHT VIOLATION WARNING: “Safety Insurance Group (NASDAQ:SAFT) Getting Somewhat Positive Media Coverage, Report Finds” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/08/06/safety-insurance-group-nasdaqsaft-earning-somewhat-positive-media-coverage-report-finds-updated-updated.html.

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.

Insider Buying and Selling by Quarter for Safety Insurance Group (NASDAQ:SAFT)

Receive News & Stock Ratings for Safety Insurance Group Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Safety Insurance Group Inc. and related stocks with our FREE daily email newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

two × 3 =