Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Safety Insurance Group (NASDAQ:SAFT) Stock Price

News headlines about Safety Insurance Group (NASDAQ:SAFT) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Safety Insurance Group earned a news impact score of 0.15 on Accern’s scale. Accern also gave news stories about the insurance provider an impact score of 45.8035132884986 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

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

Shares of Safety Insurance Group (NASDAQ SAFT) opened at 68.45 on Friday. Safety Insurance Group has a 52-week low of $65.23 and a 52-week high of $75.05. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 16.29 and a beta of 0.76. The firm has a 50 day moving average price of $71.08 and a 200-day moving average price of $69.71.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend is Wednesday, August 30th. This is a boost from Safety Insurance Group’s previous quarterly dividend of $0.70. Safety Insurance Group’s dividend payout ratio (DPR) is 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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