Safety Insurance Group, Inc. (SAFT)
Financials · NMS
Price as at 1 Oct 2026, 00:53 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Safety Insurance Group, Inc. trades at $103.58, which is 38% above the $63.87 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 25 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 24.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
SAFT dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $2.76 | 3 |
| 2025 | $3.64 | 4 |
| 2024 | $3.60 | 4 |
| 2023 | $3.60 | 4 |
| 2022 | $3.60 | 4 |
| 2021 | $3.60 | 4 |
| 2020 | $3.60 | 4 |
| 2019 | $3.40 | 4 |
| 2018 | $3.20 | 4 |
| 2017 | $3.00 | 4 |
| 2016 | $2.80 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Safety Insurance Group, Inc.
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, and insure individual vehicles, as well as commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. Additionally, the company offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
SAFT passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$19.21M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$12.59M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$10.61M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$9.20M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$7.58M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
SAFT peers
The largest companies in the same industry (Insurance - Property & Casualty), then in the same sector.
- TKOMF Tokio Marine Holdings, Inc.
- FRFHF Fairfax Financial Holdings Limited
- PINXF The People's Insurance Company (Group) of China Limited
- MKL Markel Group Inc.
- AIZ Assurant, Inc.
- AFG American Financial Group, Inc.
- THG The Hanover Insurance Group, Inc.
- MCY Mercury General Corporation
Every financials company we cover is on the Financials hub.
Common questions
Is Safety Insurance Group, Inc. (SAFT) undervalued?
Against our fair value estimate of $63.87, SAFT at $103.58 is 38% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own SAFT?
8 of the institutions we track reported a position in SAFT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is SAFT's P/E ratio?
SAFT trades at 24.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Safety Insurance Group, Inc. (SAFT) pay a dividend?
Yes. Safety Insurance Group, Inc. yields 3.57% at the current share price. It has paid $3.68 per share over the trailing twelve months. It has paid a dividend in each of the last 23 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its SAFT data?
Fundamentals for SAFT come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 00:53 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for SAFT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.