Safety Insurance Group (SAFT) Announces Quarterly Results
Safety Insurance Group (NASDAQ: SAFT) posted its quarterly earnings results on Monday. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by $0.01. During the same quarter in the previous year, the company posted $0.31 earnings per share.
Shares of Safety Insurance Group (SAFT) traded down 1.41% during mid-day trading on Monday, hitting $46.96. Safety Insurance Group (SAFT) has a one year low of $39.51 and a one year high of $53.19. The stock’s 50-day moving average is currently $47.92. The company has a market cap of $719.4 million and a P/E ratio of 13.67.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 15th. Stockholders of record on Friday, March 1st will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend is Wednesday, February 27th.
Safety Insurance Group, Inc. (Safety) is a provider of private passenger automobile insurance in Massachusetts.
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