(SAFT) Safety Insurance - Ratings and Ratios

Safety Insurance Group, Inc. (NASDAQ:SAFT) operates as a provider of personal and commercial insurance products in the United States. The company specializes in private passenger automobile insurance, offering coverage for bodily injury, property damage, no-fault personal injury, and physical damage for insured vehicles. Its commercial automobile insurance extends to business-use vehicles, including trucks, tractors, trailers, and fleets. Additionally, Safety Insurance Group offers homeowners insurance, covering dwellings, contents, and liability, as well as business owners policies tailored for apartments, restaurants, office condominiums, contractors, and wholesalers. The company also provides personal umbrella policies for excess liability coverage and commercial umbrella policies for businesses. Further, it offers inland marine coverage for homeowners and businesses, watercraft insurance for pleasure crafts, and dwelling fire insurance for non-owner-occupied properties. Safety Insurance Group distributes its products through a network of independent agents and has been in operation since 1979, headquartered in Boston, Massachusetts.

Based on and , Safety Insurance Group, Inc. (NASDAQ:SAFT) is trading at $77.58 with a 20-day moving average of $76.40, indicating moderate upward momentum. The stocks average true range (ATR) of 2.19 suggests relatively low volatility. From a fundamental perspective, the companys market cap of $1.44 billion, P/E ratio of 16.08, and return on equity (RoE) of 8.54% reflect a stable financial position. The price-to-book (P/B) ratio of 1.38 and price-to-sales (P/S) ratio of 1.02 suggest the stock is fairly valued relative to its peers. Moving forward, the companys focus on niche insurance products and its established distribution network position it to maintain steady growth in the competitive U.S. insurance market.