Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Safety Insurance Group (SAFT) Share Price

News articles about Safety Insurance Group (NASDAQ:SAFT) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Safety Insurance Group earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 46.6721957525501 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Separately, BidaskClub upgraded shares of Safety Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, June 30th.

Safety Insurance Group (SAFT) traded up 0.55% during midday trading on Friday, hitting $72.80. 37,513 shares of the stock traded hands. The firm has a market cap of $1.11 billion, a P/E ratio of 17.33 and a beta of 0.76. The company’s 50-day moving average is $71.38 and its 200 day moving average is $69.66. Safety Insurance Group has a 12-month low of $65.30 and a 12-month high of $75.05.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a $0.80 dividend. This is a positive change from Safety Insurance Group’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $3.20 annualized dividend and a dividend yield of 4.40%. Safety Insurance Group’s dividend payout ratio (DPR) is presently 76.19%.

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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)




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