Safety Insurance Group, Inc. Announces Third Quarter 2024 Results and Declares Fourth Quarter 2024 Dividend
Safety Insurance Group, Inc. (SAFT)
US:NASDAQ Investor Relations:
safetyinsurance.com/about/investor.html
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported third quarter 2024 results.George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “The direct written premium growth that Safety has experienced is impacting our top-line revenue, which increased by 21.9% for the nine months ended September 30, 2024 over the prior year. We continue to see increased policy counts and premium rate actions that are earning into our results and contributing to improvements in our loss ratios. While private passenger automobile loss severity trends remain higher than historical averages, we are seeing moderation during the current quarter. Our combined ratio for the quarter improved to 100.7% from 104.8% in the prior year. In addition, ongoing increases in other revenue lines contribute to stronger quarterly earnings per share and an increase in book value of 5.5%.”Net income for the quarter end
Show less
Read more
Impact Snapshot
Event Time:
SAFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAFT alerts
High impacting Safety Insurance Group, Inc. news events
Weekly update
A roundup of the hottest topics
SAFT
News
- Safety Insurance Group, Inc. (NASDAQ: SAFT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90 [Yahoo! Finance]Yahoo! Finance
- Safety Insurance Group, Inc. (NASDAQ: SAFT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Safety Insurance Group (NASDAQ:SAFT) shareholders have earned a 0.3% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
SAFT
Sec Filings
- 11/8/24 - Form 10-Q
- 11/6/24 - Form SCHEDULE
- 11/5/24 - Form 8-K
- SAFT's page on the SEC website