SAFT Stock Summary and Trading Ideas (Safety Insurance Group | NASDAQ:SAFT)

Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.

Safety Insurance Group trades on the NASDAQ stock market under the symbol SAFT.

As of March 3, 2025, SAFT stock price climbed to $76.16 with 21,174 million shares trading.

SAFT has a beta of 0.42, meaning it tends to be less sensitive to market movements. SAFT has a correlation of 0.05 to the broad based SPY ETF.

SAFT has a market cap of $1.13 billion. This is considered a Small Cap stock.

In the last 3 years, SAFT traded as high as $99.75 and as low as $65.78.

The top ETF exchange traded funds that SAFT belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

SAFT has underperformed the market in the last year with a return of -1.9%, while the SPY ETF gained +17.1%. In the last 3 month period, SAFT fell short of the market, returning -9.6%, while SPY returned -1.9%. However, in the most recent 2 weeks SAFT has outperformed the stock market by returning -2.3%, while SPY returned -4.0%.

SAFT support price is $74.08 and resistance is $76.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SAFT shares will trade within this expected range on the day.