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SAFTSafety Insurance Group, Inc.
$104.27$1.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
SAFT logo

Safety Insurance Group, Inc.

SAFT
NASDAQ · Property & Casualty Insurers
$104.27
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.53B
P/E21.6x
52W High$104.41
Volume87.45K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Premium Growth Accelerates Amid Underwriting Volatility Risk

Safety Insurance Group is executing a disciplined growth strategy, with revenue accelerating to 3.1% in 2026Q2 and full-year 2025 growth ranging from 12.4% to 18.2% per quarter.

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

SAFT price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

+117% Peers

P/E is 117% above peer median

03

Market leadership

RS 89 · Leader

High momentum (Outperforming 89% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Feb 4

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SAFT+41.37%
S&P 500 (^GSPC)+7.63%
1-Year Return
SAFT+46.91%
S&P 500 (^GSPC)+9.69%
3-Year Return
SAFT+47.48%
S&P 500 (^GSPC)+68.64%
5-Year Return
SAFT+51.99%
S&P 500 (^GSPC)+56.69%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
21.6x
Forward P/E
25.1x
EV/EBITDA60th %ile
15.3x
FCF YieldCash Flow
9.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
21.6x
17.2x
60th· Fair
EV/EBITDA
15.3x
12.1x
60th· Fair
Price/FCF
10.4x
9.8x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$32.12-69.2%
Base (Fair)$60.04-42.4%
Bull$94.92-9.0%
$32.12 Bear$60.04 Base$94.92 Bull
Current Market Price: $104.27
Trades at a 73.7% premium to Base DCF ($60.04)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$1.25B+13.0% YoY
Net income FY25
$99M+40.3% YoY
Free cash flow FY25
$192M+54.4% YoY
Operating margin FY25
10.1%+2.0 pts YoY
ROIC (FY25)11.2%
Avg ROIC 5Y8.1%
ROE (TTM)8.1%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate0/12 (0%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 4, 2026
$1.95+56.0%
vs $1.25
$320M-40.1%
vs $534M
Q3 2026
Aug 5, 2026
$2.03+1.5%
vs $2.00
$342M-34.4%
vs $521M
Q2 2026
May 6, 2026
-$0.72-149.7%
vs $1.45
$300M-4.8%
vs $315M
Q1 2026
Feb 25, 2026
$1.51+18.0%
vs $1.28
$300M-5.0%
vs $315M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Sep 11, 2026
Halper Sadeh LLC is Investigating Whether ACVA and SAFT are Obtaining Fair Deals for their Shareholders

Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.

GuruFocus·Sep 5, 2026
SAFT Stock Alert: Halper Sadeh LLC is Investigating Whether Safety Insurance Group Inc. is Obtaining a Fair Price for its Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Safety Insurance Group Inc. (NASDAQ: SAFT) to an affiliate of Mapfre S.A. for $105.0

Defense World·Sep 3, 2026
Canada Pension Plan Investment Board Acquires New Shares in Safety Insurance Group, Inc. $SAFT

Canada Pension Plan Investment Board bought a new position in shares of Safety Insurance Group, Inc. (NASDAQ: SAFT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,100 shares of the insurance provider's stock, valued at approximately $382,000. Other large investors also

Defense World·Aug 29, 2026
BlackRock Inc. Acquires Shares of 2,289,410 Safety Insurance Group, Inc. $SAFT

BlackRock Inc. acquired a new position in Safety Insurance Group, Inc. (NASDAQ: SAFT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,289,410 shares of the insurance provider's stock, valued at approximately $171,385,000. BlackRock Inc. owned approximately 15.59% of Safety Insurance

Filtered for Safety Insurance Group, Inc.More Headlines
04

Compare before deciding

Benchmark SAFT against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Safety Insurance Group, Inc. (SAFT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SAFT logoSAFTSafety Insurance Group, Inc.Current
$104.27$1.53B21.6413.01%4.76%8.08%3.5%
ERIE logoERIEErie Indemnity Company
$273.07$12.61B24.797.17%13.97%23.86%1.77%
KMPR logoKMPRKemper Corporation
$33.39$1.97B-3.973.62%-10.83%-19.42%3.81%
PLMR logoPLMRPalomar Holdings, Inc.
$155.71$4.13B19.3758.16%17.6%22.45%—
HRTG logoHRTGHeritage Insurance Holdings, Inc.
$33.22$1.01B4.583.71%27.39%39.41%—
HCI logoHCIHCI Group, Inc.
$186.03$2.37B7.1220.21%33.48%28.01%0.8%

Compare SAFT vs Peers

Safety Insurance Group, Inc. (SAFT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ERIE

Most directly comparable listed peer for SAFT.

Scale Benchmark

vs CB

Larger-name benchmark to compare SAFT against a more recognizable public peer.

Peer Set

Compare Top 5

vs ERIE, KMPR, PLMR, HRTG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SAFT SEC Filings & Documents

Safety Insurance Group, Inc. (SAFT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Jul 24, 2026·SEC

Material company update

Jul 23, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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SAFT Frequently Asked Questions

Safety Insurance Group, Inc. (SAFT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Safety Insurance Group, Inc. growing?

Safety Insurance Group, Inc. (SAFT) grew revenue by 20.9% over the trailing twelve months, compared with the twelve months before.

Is SAFT profitable?

Yes. Safety Insurance Group, Inc. (SAFT) earned $70.3M in net income over the trailing twelve months (a 4.8% net margin).

Dividend & Returns
Does SAFT pay dividends?

Yes. Safety Insurance Group, Inc. (SAFT) pays a dividend that yields 3.50% at the current price, a moderate yield.

What is SAFT's return on equity?

Safety Insurance Group, Inc. (SAFT) had a return on equity (ROE) of 8.1% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics
What is Safety Insurance Group, Inc.'s combined ratio?

Safety Insurance Group, Inc. (SAFT) has a combined ratio of 89.9%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in SAFT back in 2000?

Total return calculator · dividends reinvested · 26+ years of data

See returns →