Safety Insurance Group SAFT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Safety Insurance Group (SAFT) Business Model and Operations Summary
Safety Insurance Group Inc is a provider of private passenger automobile, commercial automobile, and homeowners insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.
Key Insights
Safety Insurance Group (SAFT) Core Market Data and Business Metrics
Latest Closing Price
$79.8Market Cap
$1.16 BillionPrice-Earnings Ratio
15.74Total Outstanding Shares
14.84 Million SharesTotal Employees
551Dividend
$0.90 Per Share QuarterlyIPO Date
November 22, 2002SIC Description
Fire, Marine & Casualty InsurancePrimary Exchange
NASDAQHeadquarters
20 Custom House Street, Boston, MA, 02110
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 99,899 Shares | +32.48% | 3/14/2025 | 1.58 |
| 75,405 Shares | -5.61% | 2/28/2025 | 1.16 |
| 79,888 Shares | -39.49% | 2/14/2025 | 2.18 |
| 132,025 Shares | +1.89% | 1/31/2025 | 3.18 |
| 129,571 Shares | -3.20% | 1/15/2025 | 2.77 |
| 133,850 Shares | +1.47% | 12/31/2024 | 1.97 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $113.32 Million |
| Net Cash Flow From Operating Activities | $113.32 Million |
| Net Cash Flow From Investing Activities | $-28.34 Million |
| Net Cash Flow, Continuing | $31.70 Million |
| Net Cash Flow | $31.70 Million |
| Net Cash Flow From Financing Activities | $-53.27 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $330,000 |
| Basic Average Shares | $14.68 Million |
| Other Operating Expenses | $987.31 Million |
| Net Income/Loss Attributable To Parent | $74.86 Million |
| Basic Earnings Per Share | $5.07 |
| Diluted Earnings Per Share | $5.07 |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $130.24 Million |
| Other Comprehensive Income/Loss | $55.38 Million |
| Comprehensive Income/Loss Attributable To Parent | $130.24 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $0 |
| Current Assets | $2.27 Billion |
| Liabilities And Equity | $2.27 Billion |
| Liabilities | $1.42 Billion |
| Equity | $851.44 Million |
| Current Liabilities | $1.42 Billion |
Historical Dividends
Current dividend: $0.90 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 20, 2025 | Mar 14, 2025 | Mar 3, 2025 | $0.9 | Quarterly |
| Nov 5, 2024 | Dec 13, 2024 | Dec 2, 2024 | $0.9 | Quarterly |
| Aug 7, 2024 | Sep 13, 2024 | Sep 3, 2024 | $0.9 | Quarterly |
| May 8, 2024 | Jun 14, 2024 | Jun 3, 2024 | $0.9 | Quarterly |
| Feb 15, 2024 | Mar 15, 2024 | Mar 1, 2024 | $0.9 | Quarterly |
| Nov 1, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.9 | Quarterly |