Safety Insurance Group Inc (SAFT) Files 10-K for the Fiscal Year Ended on December 31, 2018

Safety Insurance Group Inc (SAFT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $1.42 billion; its shares were traded at around $92.85 with a P/E ratio of 17.13 and P/S ratio of 1.68. The dividend yield of Safety Insurance Group Inc stocks is 3.44%.

For the last quarter Safety Insurance Group Inc reported a revenue of $202.5 million, compared with the revenue of $213.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $829.6 million, a decrease of 1.1% from the previous year. For the last five years Safety Insurance Group Inc had an average revenue growth rate of 2.3% a year.

The reported diluted earnings per share was $5.43 for the year, an increase of 32.4% from previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Safety Insurance Group Inc has the cash and cash equivalents of $37.6 million, compared with $41.7 million in the previous year. The company had no long term debt. Safety Insurance Group Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $92.85, Safety Insurance Group Inc is traded at 58.3% premium to its historical median P/S valuation band of $58.65. The P/S ratio of the stock is 1.68, while the historical median P/S ratio is 1.06. The stock gained 31.58% during the past 12 months.

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