Safety Insurance Group Inc (SAFT) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 29, 2020
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Safety Insurance Group Inc (SAFT, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Safety Insurance Group Inc is a provider of private passenger and commercial automobile insurance in Massachusetts.It also offers property and casualty insurance products, including commercial automobile, homeowners, and others. Safety Insurance Group Inc has a market cap of $1.21 billion; its shares were traded at around $78.74 with a P/E ratio of 13.49 and P/S ratio of 1.42. The dividend yield of Safety Insurance Group Inc stocks is 4.32%.

For the last quarter Safety Insurance Group Inc reported a revenue of $215.4 million, compared with the revenue of $214.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $875.8 million, an increase of 5.6% from last year. For the complete 30-year financial data, please go here.. For the last five years Safety Insurance Group Inc had an average revenue growth rate of 2.2% a year.

The reported diluted earnings per share was $6.46 for the year, an increase of 19% from previous year. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Safety Insurance Group Inc has the cash and cash equivalents of $44.4 million, compared with $37.6 million in the previous year. The long term debt was $34.0 million. Safety Insurance Group Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $78.74, Safety Insurance Group Inc is traded at 27.1% premium to its historical median P/S valuation band of $61.94. The P/S ratio of the stock is 1.42, while the historical median P/S ratio is 1.11. The stock lost 7.95% during the past 12 months.

For the complete 20-year historical financial data of SAFT, click here.