Media stories about Safety Insurance Group (NASDAQ:SAFT) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Safety Insurance Group earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 46.7996033361635 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Separately, BidaskClub raised shares of Safety Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, June 30th.

Safety Insurance Group (NASDAQ:SAFT) traded up 0.86% during midday trading on Wednesday, reaching $82.05. 51,275 shares of the company traded hands. The company has a 50-day moving average price of $73.58 and a 200-day moving average price of $70.35. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 19.53 and a beta of 0.77. Safety Insurance Group has a 12-month low of $65.30 and a 12-month high of $82.15.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a $0.80 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This is a positive change from Safety Insurance Group’s previous quarterly dividend of $0.70. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.90%. Safety Insurance Group’s dividend payout ratio (DPR) is 76.19%.

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Safety Insurance Group Company Profile

Safety Insurance Group, Inc is a provider of private passenger automobile insurance. The Company offers a portfolio of property and casualty insurance products. The Company is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft.

Insider Buying and Selling by Quarter for Safety Insurance Group (NASDAQ:SAFT)

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