Safety Insurance (SAFT.US) Price Target 2026/2027: 30% Downside – Overvalued?

103.22
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Safety Insurance Price Target 2026: Analysts See 32% Downside

The average price target for Safety Insurance is $70.00. This price target represents the analysts' view of the stock price over the next 12 months. The stock appears overvalued, because the price target is lower than the current price. It is -32.18% above the target, and analysts expect the price to fall over the next 12 months. Even if the stock may be overvalued, price momentum can last longer than expected. That is why it is important to keep an eye on the stock and its momentum on an ongoing basis. WallStreetBuys helps you with the technical analysis and keeps you up to date on the development.

Is Safety Insurance overvalued or undervalued?

Safety Insurance is currently overvalued with a gap of 32.2% relative to the price target.


The current price is $103.22, which places Safety Insurance in the overvalued category. The stock is considered undervalued when the price is below $63.00, and overvalued when the price exceeds $77.00.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Safety Insurance, the fair value range lies between $63.00 and $77.00.


See the full price target analysis for Safety Insurance →

About Safety Insurance – Skadesforsikring

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, 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, and insure individual vehicles, as well as 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; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. 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. Read more about the company

Key Figures for Safety Insurance

$ 1.5B Market cap
$ 1.3B Revenue
Skadesforsikring Industry
22.33 P/E
1.18 P/S
1.74 P/B
USA Listed on exchange

What kind of stock is Safety Insurance?

Dividend stock Growth stock Momentum stock

Safety Insurance is classified as a dividend stock and growth stock and momentum stock. This means the stock combines several attractive traits, including a dividend of 3.6%, and strong price momentum.

Score Overview for Safety Insurance

💰 Value Score 69/100 (High)
⭐ Quality Score 70/100 (High)
🚀 Momentum Score 97/100 (Very High)
📊 Total Score 78/100

⚠️ 1 red flag identified

Our analysis has identified 1 potential risk factor in Safety Insurance that investors should be aware of.

⚠️ High debt: The debt-to-equity ratio is 174% – the company carries considerably more debt than equity, which raises the financial risk.

📈 Valuation

Safety Insurance trades at a P/E ratio of 22.3, which is close to the market average. The forward P/E is 17.1 (23% lower), which suggests the market expects rising earnings. The P/S ratio is 1.2. The P/B ratio is 1.7. The PEG ratio is 0.95 — below 1.0 suggests the stock is cheap relative to its growth rate.

💵 Profitability & Growth

Safety Insurance has a profit margin of 5.3% (moderate) and an operating margin of 13.7%. Return on equity (ROE) is 7.8%. Return on assets (ROA) is 2.3%. The latest quarterly earnings grew 21.0% year over year.

🏦 Financial Health

The Piotroski score is 8 out of 9 — excellent financial health. The debt-to-equity ratio (D/E) is 174.0% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 5.01% — elevated, some investors are betting on a decline.

Safety Insurance Dividend 2026: 3.6% Dividend Yield

Dividend Key Figures for Safety Insurance in 2026

Dividend yield
3.58%
Dividend per share
0.92 USD
Payout ratio
81.3%
Very high
Dividend growth (4 years)
+304.4%
Avg. annual dividend (3 years)
3.61 USD

When does Safety Insurance pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
September 1, 2026
Next dividend payment
September 15, 2026
Latest payment date
September 15, 2026

How much does Safety Insurance pay in dividends?

Safety Insurance pays dividends to its shareholders. The most recently paid dividend was 0.92 USD per share, which corresponds to a dividend yield of 3.58%. Over the last 4 years, the annual dividend has grown by 304.4%, which shows positive dividend growth.

The payout ratio is 81.3%, which is very high. The company pays out almost all of its profits as dividends, which can limit future growth and dividend stability.

Historical Dividend Payments for Safety Insurance

We have registered dividend payments for Safety Insurance since 2021-11-30. In that period the stock has paid a dividend 20 times, most recently on 2026-09-01. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-09-012026-09-150.92USDUnknown period
2026-06-012026-06-120.92USDUnknown period
2026-03-022026-03-130.92USDUnknown period
2025-12-012025-12-150.92USDUnknown period
2025-09-022025-09-150.92USDUnknown period
2025-06-022025-06-130.90USDUnknown period
2025-03-032025-03-140.90USDUnknown period
2024-12-022024-12-130.90USDUnknown period
2024-09-032024-09-130.90USDUnknown period
2024-06-032024-06-140.90USDUnknown period
2024-02-292024-03-150.90USDUnknown period
2023-11-302023-12-150.90USDUnknown period
2023-08-312023-09-150.90USDUnknown period
2023-05-312023-06-150.90USDUnknown period
2023-02-282023-03-150.90USDUnknown period
2022-11-302022-12-150.90USDUnknown period
2022-08-312022-09-150.90USDUnknown period
2022-05-312022-06-150.90USDUnknown period
2022-02-282022-03-150.90USDUnknown period
2021-11-302021-12-150.90USDUnknown period

Insider Trading in Safety Insurance 2026: The Signal Is negative

In 2026, insiders at Safety Insurance have made 20 transactions, all of which were sales. On a net basis, insiders took 57,286,634 $ out of the stock. Active insiders include SRB CORP, Whitford Christopher Thomas, Varga Stephen Albert and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 5 sales. A net 55,243,479 $ out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net 57,286,634 $ out of the stock.

Latest sale: SRB CORP sold 466,175 shares at 103 $ each on 2026-07-27.

Who is selling: SRB CORP, Whitford Christopher Thomas, Varga Stephen Albert, Narciso Paul J, Murphy George and others.

Latest Insider Trades in Safety Insurance (2026)

The table shows the last 20 reported insider transactions in Safety Insurance. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-27 SRB CORP Sell 466,175 103 48,039,334
2026-07-24 SRB CORP Sell 38,835 103 4,003,112
2026-07-17 SRB CORP Sell 5,159 76 392,239
2026-07-13 SRB CORP Sell 34,272 76 2,606,043
2026-07-09 SRB CORP Sell 2,650 77 202,752
2026-03-20 SRB CORP Sell 14,151 71 1,006,419
2026-03-17 SRB CORP Sell 1,199 73 87,599
2026-03-02 Whitford Christopher Thomas Sell 27 77 2,076
2026-03-02 Varga Stephen Albert Sell 41 77 3,152
2026-03-02 SRB CORP Sell 11,270 76 862,042

Who is buying and selling Safety Insurance shares in 2026?

The following insiders have sold shares: SRB CORP, Whitford Christopher Thomas, Varga Stephen Albert, Narciso Paul J, Murphy George and others. In total, 57,286,634 $ was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Safety Insurance Short Selling 2026: 5.0% Sold Short

High short interest: 5.0% of the free float
Short % of free float
5.0%
Assessment
High short interest
Short squeeze risk
Moderate
Data source
SEC
Updated daily
The stock has a high share of short selling. Between 5-10% of the freely traded shares are sold short, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze.

What does this mean for you as an investor?
A short interest of 5.0% means that 5.0% of the freely traded shares in Safety Insurance have been borrowed and sold by investors betting on falling prices.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
5.0%

When Does Safety Insurance Report Earnings?

The next earnings date for Safety Insurance is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Safety Insurance 2026 – Signal: Strong Buy

Overall Technical Signal: Strong Buy

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated September 3, 2026.

Trend Analysis of Safety Insurance Group, Inc

Safety Insurance Group, Inc is in a short-term uptrend. The price of $103.12 is 0.4% above the 20-day average ($102.68). Medium term, the picture is positive: the price is 13.7% above the 50-day average ($90.69). Long term, the stock is 33.1% above the 200-day average ($77.45), which confirms a long-term uptrend.

Golden Cross: The 50-day average (90.69) is above the 200-day average (77.45), which is a classic bullish signal for Safety Insurance Group, Inc.

Is Safety Insurance Group, Inc overbought or oversold?

Safety Insurance Group, Inc has an RSI of 82.2, which places the stock in overbought territory (above 70). Even though the stock is overbought, the broader trend is positive. A short-term pullback is possible, but the trend still supports the price.

MACD Analysis for Safety Insurance Group, Inc

Daily MACD: MACD is positive (3.053), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is below the signal line (3.967) by 0.914, which suggests the positive momentum is fading – the trend could be turning.

Weekly MACD: MACD5 is positive (7.914), which indicates a broader bullish long-term trend. MACD5 is above the signal line (4.292) by 3.622, which confirms rising long-term momentum.

Overall MACD assessment: Both the daily and weekly trend are bullish (MACD positive). However, momentum shows signs of weakening on a daily basis. Watch whether the trend holds.

Risk Profile for Safety Insurance Group, Inc

Safety Insurance Group, Inc has an annual standard deviation of 45.4%, which classifies the stock as medium risk. The price can swing noticeably when the market moves.

Overall Technical Conclusion for Safety Insurance Group, Inc

Trend: Positive. The price trades above SMA50 and SMA200.

MACD trend (zero line): Daily bullish (3.053). Weekly bullish (7.914).

MACD momentum (signal): Daily falling. Weekly rising.

RSI: 82.2 – overbought.

Technical signal: Strong Buy

The price is in an uptrend (above SMA50/SMA200) and MACD is positive on both a daily and weekly basis. Trend and MACD trend confirm each other – the strongest technical buy signal.

Frequently Asked Questions About Safety Insurance stock in 2026

Should you buy Safety Insurance stock now?
Yes, the technical signal for Safety Insurance is currently BUY. Safety Insurance trades at $103.22 as of 9/3/2026. The overall technical signal is: Strong Buy. The technical analysis shows the following: MACD is positive (bullish trend) at 3.053 with falling momentum (signal: 3.967); RSI is at 82.2 (overbought), suggesting the price may have risen too quickly; the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $70.00 is 32.2% below the current price. The stock is in a broader uptrend (above SMA50/SMA200). This is a technical observation based on current data, not investment advice.
What is the price target for Safety Insurance stock?
The average analyst price target for Safety Insurance is $70.00. The current price is $103.22, which gives a downside of 32.2%. Based on this, the stock is considered overvalued. The fair value range (±10% of the price target) is between $63.00 and $77.00.
Is Safety Insurance a dividend stock?
Yes, Safety Insurance is a dividend stock with a dividend yield of 3.58%. The latest dividend was $0.92 per share. The latest ex-dividend date (traded without the dividend) was 9/1/2026. The payout ratio is 81.3%, which is considered high. The next dividend payment is scheduled for 9/15/2026.
When does Safety Insurance pay a dividend in 2026?
Safety Insurance pays its next dividend on 9/15/2026. The latest dividend was $0.92 per share with an ex-dividend date of 9/1/2026. The dividend yield is 3.58%. The payout ratio of 81.3% points to a high dividend relative to earnings.
What is the risk of Safety Insurance stock?
Safety Insurance is rated as a stock in the risk category Moderate. the annual standard deviation is 45.4%, which classifies the stock as Moderate. In addition, an RSI of 82.2 signals overbought (elevated risk of a pullback).
Is Safety Insurance overvalued?
Yes, Safety Insurance is considered overvalued based on the analyst price target (32.2% above the price target). Safety Insurance has the following valuation ratios: a P/E ratio of 22.3 (moderately to highly valued), a P/S ratio of 1.2, a P/B ratio of 1.7. The analyst price target suggests that the stock is overvalued by 32.2%.
Is Safety Insurance overbought?
Yes, Safety Insurance is overbought with an RSI of 82.2 (above 70). The technical indicators show: RSI is at 82.2 (above the 70 mark), which signals the price is overbought and may have risen too quickly. In addition, the price is 0.5% above the 20-day average (short-term uptrend). In addition, MACD is positive, but momentum is falling.
When is the next Safety Insurance earnings report?
The date of the next earnings report for Safety Insurance has not been published yet. Check the company's investor calendar for updates.
Is Safety Insurance shorted?
Yes, Safety Insurance is shorted with 5.0% of the free float sold short. This is a high level of short selling, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze. Data is updated daily based on official filings with the SEC.
Are insiders buying Safety Insurance stock?
No, insiders are not buying Safety Insurance shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 5 sales. On a net basis, 55,243,479 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 57,286,634 $ sold. Active sellers include SRB CORP, Whitford Christopher Thomas, Varga Stephen Albert and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Safety Insurance a good stock?
Based on our total score, Safety Insurance is rated as a good stock with a total score of 79 out of 100. The stock scores above average on value, quality and momentum – it is among the top 21% in our database. The score is made up of Value: 69/100, Quality: 70/100, Momentum: 97/100. In addition: the price target is 32.2% below the current price; a dividend of 3.58%; technical signal: Strong Buy. Whether Safety Insurance is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Safety Insurance stock?
The outlook for Safety Insurance based on current data: the average analyst price target is $70.00 (-32.2%); the stock is in an uptrend (above SMA50 and SMA200); the P/E ratio is 22.3 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Safety Insurance stock moving?
Safety Insurance is stable right now. The technical indicators show: the price is close to the 20-day average; short interest is 5.0% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Safety Insurance go?
The average analyst price target for Safety Insurance is $70.00, which is 32.2% below the current price of $103.22. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Safety Insurance fall?
We lack enough history to give a specific floor for Safety Insurance. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Safety Insurance do?
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fa... The company belongs to the Financial Services sector, more specifically the Skadesforsikring industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Safety Insurance as an investment.
Did Safety Insurance raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Safety Insurance. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Safety Insurance making money or losing money?
Yes, Safety Insurance is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 5.3% — which is moderate. The operating margin (profit before interest and taxes) is 13.7%. At a P/E ratio of 22.3, you currently pay 22.3 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Safety Insurance go bankrupt?
Altman Z2 is not used for banks and financial companies — their balance sheet is built on debt (that is the business model), so the model would wrongly classify a healthy bank as distressed. For Safety Insurance, look instead at the capital base (e.g. the core capital ratio), loan losses and earnings power.
Does Safety Insurance have a lot of debt?
No, Safety Insurance has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 174%. For the financial services sector, anything below 200% counts as low debt. Banks take in deposits (debt) as their raw material and lend it out — which naturally gives a high D/E. 200-400% is typical; only above 400% counts as elevated. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.