Press coverage about Safety Insurance Group (NASDAQ:SAFT) has been trending somewhat positive on Sunday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Safety Insurance Group earned a news impact score of 0.20 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 46.5544275952687 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Safety Insurance Group (NASDAQ SAFT) opened at 70.70 on Friday. The firm’s 50-day moving average price is $69.90 and its 200-day moving average price is $69.90. Safety Insurance Group has a one year low of $65.23 and a one year high of $75.05. The firm has a market cap of $1.08 billion, a PE ratio of 16.83 and a beta of 0.77.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be issued a $0.80 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $3.20 annualized dividend and a dividend yield of 4.53%. This is a boost from Safety Insurance Group’s previous quarterly dividend of $0.70. Safety Insurance Group’s dividend payout ratio is currently 66.67%.
Separately, BidaskClub raised Safety Insurance Group from a “sell” rating to a “hold” rating in a research note on Friday, June 30th.
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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.
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