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Upturn AI SWOT - About
SAFT 
Safety Insurance Group Inc (SAFT)
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Upturn Advisory Summary
04/01/2025: SAFT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -30.01% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.19B USD | Price to earnings Ratio 16.73 | 1Y Target Price 70 |
Price to earnings Ratio 16.73 | 1Y Target Price 70 | ||
Volume (30-day avg) 68366 | Beta 0.12 | 52 Weeks Range 71.00 - 88.27 | Updated Date 04/1/2025 |
52 Weeks Range 71.00 - 88.27 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 4.57% | Basic EPS (TTM) 4.78 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.32% | Operating Margin (TTM) 3.57% |
Management Effectiveness
Return on Assets (TTM) 2.59% | Return on Equity (TTM) 8.67% |
Valuation
Trailing PE 16.73 | Forward PE - | Enterprise Value 1173354419 | Price to Sales(TTM) 1.06 |
Enterprise Value 1173354419 | Price to Sales(TTM) 1.06 | ||
Enterprise Value to Revenue 1.06 | Enterprise Value to EBITDA - | Shares Outstanding 14838000 | Shares Floating 14485901 |
Shares Outstanding 14838000 | Shares Floating 14485901 | ||
Percent Insiders 1.91 | Percent Institutions 84.75 |
Analyst Ratings
Rating - | Target Price 70 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Safety Insurance Group Inc
Company Overview
History and Background
Safety Insurance Group, Inc. was founded in 1979 in Boston, Massachusetts. It began as a workers' compensation insurer and has since expanded into various personal and commercial lines of insurance throughout Massachusetts, New Hampshire and Maine.
Core Business Areas
- Personal Lines Insurance: Includes private passenger automobile, homeowners, dwelling fire, personal umbrella, and inland marine coverage.
- Commercial Lines Insurance: Includes commercial automobile, commercial package, workersu2019 compensation, and commercial umbrella coverage.
Leadership and Structure
Safety Insurance Group is led by a Board of Directors and a senior management team. The organizational structure is departmentalized, with distinct units for underwriting, claims, marketing, finance, and IT.
Top Products and Market Share
Key Offerings
- Private Passenger Automobile Insurance: Provides coverage for bodily injury, property damage, and other risks associated with operating a vehicle. Competitors include Progressive (PGR), The Hanover Insurance Group (THG) and Liberty Mutual. Safety Insurance is a leading auto insurer in Massachusetts.
- Homeowners Insurance: Provides coverage for damage to a home and its contents. Competitors include Travelers (TRV), Allstate (ALL), and Liberty Mutual. Safety Insurance is a leading homeowners insurer in Massachusetts.
- Commercial Auto: Covers businesses using vehicles. Competitors are Travelers (TRV), Progressive (PGR) and Liberty Mutual
- Commercial Package: Covers property and liability for business. Competitors are Travelers (TRV), Progressive (PGR) and Liberty Mutual
- Workers Compensation: Covers the medical expenses of an employee who got hurt on the job. Competitors are Travelers (TRV), The Hartford (HIG) and Liberty Mutual
Market Dynamics
Industry Overview
The property and casualty insurance industry is competitive and highly regulated. It is influenced by factors such as economic conditions, weather patterns, interest rates, and regulatory changes.
Positioning
Safety Insurance Group focuses on regional markets (Massachusetts, New Hampshire and Maine) providing specialized services and strong relationships with independent agents.
Total Addressable Market (TAM)
The TAM for P&C insurance in the United States is estimated to be in the hundreds of billions of dollars. Safety Insurance's TAM is focused on the New England region and represents a small percentage of the total U.S. market.
Upturn SWOT Analysis
Strengths
- Strong regional presence in Massachusetts, New Hampshire and Maine
- Established relationships with independent agents
- Solid underwriting expertise
- Strong financial position
Weaknesses
- Limited geographic diversification
- Reliance on independent agents could limit growth
- Vulnerable to catastrophic events in its operating region
Opportunities
- Expansion into new product lines
- Geographic expansion into adjacent states
- Increased use of technology to improve efficiency and customer service
Threats
- Increased competition from national insurers
- Regulatory changes
- Catastrophic events such as hurricanes and blizzards
- Economic downturn affecting policy sales
Competitors and Market Share
Key Competitors
- Travelers (TRV)
- Progressive (PGR)
- Allstate (ALL)
- The Hanover Insurance Group (THG)
- Liberty Mutual (Private)
Competitive Landscape
Safety Insurance advantages include strong regional presence and agent relationships. Disadvantages include smaller scale compared to national players.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been steady, driven by expansion in existing and new product lines and through its agency network.
Future Projections: Future projections depend on market conditions and company-specific initiatives. Analyst estimates should be consulted for specific projections.
Recent Initiatives: Recent initiatives include investments in technology and the expansion of product offerings.
Summary
Safety Insurance Group shows strength in its regional market and established agency network. Its financial stability and underwriting expertise are key assets. Vulnerabilities lie in its geographic concentration and the potential impact of catastrophic events and intense competition. Investing in technology and exploring diversification are crucial for sustained growth.
Similar Companies
- THG
- UIHC
- LM (private)
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions are constantly changing, and past performance is not indicative of future results. Consult a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Safety Insurance Group Inc
Exchange NASDAQ | Headquaters Boston, MA, United States | ||
IPO Launch date 2002-11-22 | President, CEO & Chairperson of the Board Mr. George Michael Murphy C.P.C.U. | ||
Sector Financial Services | Industry Insurance - Property & Casualty | Full time employees 551 | Website https://www.safetyinsurance.com |
Full time employees 551 | Website https://www.safetyinsurance.com | ||
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella, which offers an excess liability product to clients, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
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