FY2026 Earnings Estimate for SAFT Issued By DOWLING & PARTN

Safety Insurance Group, Inc. (NASDAQ:SAFT) – Equities researchers at DOWLING & PARTN dropped their FY2026 earnings per share (EPS) estimates for Safety Insurance Group in a research report issued to clients and investors on Wednesday, October 7th. DOWLING & PARTN analyst D. Lukpanov now anticipates that the insurance provider will post earnings of $4.15 per share for the year, down from their prior forecast of $4.75. The consensus estimate for Safety Insurance Group’s current full-year earnings is $4.15 per share.

Separately, Weiss Ratings raised shares of Safety Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 17th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Safety Insurance Group Stock Up 0.0%

SAFT opened at $103.86 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.41 and a quick ratio of 0.41. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 24.15 and a beta of 0.15. The business has a 50-day moving average of $103.55 and a two-hundred day moving average of $85.67. Safety Insurance Group has a 12 month low of $67.04 and a 12 month high of $104.03.

Safety Insurance Group (NASDAQ:SAFT) last released its earnings results on Wednesday, August 5th. The insurance provider reported $2.03 EPS for the quarter, beating the consensus estimate of $2.00 by $0.03. Safety Insurance Group had a return on equity of 7.23% and a net margin of 5.33%. The firm had revenue of $325.68 million during the quarter, compared to analyst estimates of $325.68 million.

Safety Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, September 1st. Safety Insurance Group’s dividend payout ratio (DPR) is 79.31%.

Insider Buying and Selling at Safety Insurance Group

In other news, major shareholder Corp Srb sold 1,240,352 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $103.07, for a total transaction of $127,843,080.64. Following the completion of the sale, the insider directly owned 473,387 shares of the company’s stock, valued at $48,791,998.09. The trade was a 72.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Bayban purchased a new position in Safety Insurance Group in the fourth quarter valued at approximately $31,000. Global Retirement Partners LLC acquired a new position in Safety Insurance Group during the second quarter valued at approximately $42,000. Allworth Financial LP acquired a new position in Safety Insurance Group during the second quarter valued at approximately $44,000. Motiv8 Investments LLC purchased a new stake in Safety Insurance Group during the fourth quarter worth approximately $58,000. Finally, Farther Finance Advisors LLC grew its stake in Safety Insurance Group by 588.3% during the third quarter. Farther Finance Advisors LLC now owns 998 shares of the insurance provider’s stock worth $103,000 after buying an additional 853 shares during the period. 81.04% of the stock is owned by hedge funds and other institutional investors.

About Safety Insurance Group

Safety Insurance Group, Inc (NASDAQ:SAFT) is an insurance holding company headquartered in Boston, Massachusetts. Through its subsidiaries, including Safety Insurance Company, the company provides property and casualty insurance products to individuals and businesses.

Its principal offerings include private passenger and commercial automobile insurance, homeowners insurance, businessowners policies, dwelling fire coverage, umbrella insurance and workers’ compensation insurance. Safety distributes its products primarily through a network of independent insurance agents and provides related policy administration and claims services.

The company primarily serves customers in New England, with operations focused on Massachusetts, New Hampshire and Maine.