Key Details
Price
$85.22Last Dividend
$0.90Annual ROE
2.34%Beta
0.42Events Calendar
Next earnings date:
Feb 27, 2025Recent quarterly earnings:
Nov 05, 2024Recent annual earnings:
Feb 27, 2024Next ex-dividend date:
Dec 02, 2024Recent ex-dividend date:
Sept 03, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
In the past, Safety Insurance was considered a superior insurer compared to Mercury. However, Mercury has demonstrated encouraging signs of profitability recovery. Safety Insurance reported worsened insurance margins and a decline in underwriting margin due to claims inflation and weather events. Both Mercury General and Safety Insurance are facing operational challenges, making them less attractive for investment compared to other profitable insurers like Travelers and Chubb.
Safety Insurance Group outperforms Mercury General in terms of underwriting performance and market performance. Safety Insurance has maintained a stable dividend and has a healthier financial position compared to Mercury General. Despite its better performance, Safety Insurance is fairly-valued and may not be the best investment choice compared to other insurance companies like Allstate, Chubb, or Progressive.
FAQ
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