Safety Insurance Group, Inc.'s (NASDAQ:SAFT) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction? [Yahoo! Finance]
Safety Insurance Group, Inc. (SAFT)
US:NASDAQ Investor Relations:
safetyinsurance.com/about/investor.html
Company Research
Source: Yahoo! Finance
Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company's financials don't look very promising. In this article, we decided to focus on Safety Insurance Group's ROE. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. See our latest analysis for Safety Insurance Group How Do You Calculate Return On Equity? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Safety Insurance Group is: 2.3% = US$19m ÷ US$804m (Based on the trailing twelve months to December 2023). The 'return' is the income the business earned over the last year. That means that f
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News
- Safety Insurance Group Full Year 2023 Earnings: EPS: US$1.29 (vs US$3.17 in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Safety Insurance Group, Inc. (NASDAQ: SAFT) was upgraded by analysts at TheStreet from a "c+" rating to a "b" rating.MarketBeat
- Safety Insurance Group Inc (SAFT) Reports Mixed Results Amid Inflationary Pressures [Yahoo! Finance]Yahoo! Finance
- Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 Results [Yahoo! Finance]Yahoo! Finance
- Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 ResultsBusiness Wire
SAFT
Analyst Actions
- 2/28/24 - TheStreet
SAFT
Sec Filings
- 4/23/24 - Form 8-K
- 4/2/24 - Form DEF
- 4/2/24 - Form ARS
- SAFT's page on the SEC website