Safety Insurance Group Stock Shares Outstanding

SAFT Stock  USD 85.89  1.03  1.21%   
Safety Insurance Group fundamentals help investors to digest information that contributes to Safety Insurance's financial success or failures. It also enables traders to predict the movement of Safety Stock. The fundamental analysis module provides a way to measure Safety Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Safety Insurance stock.
Common Stock Shares Outstanding is likely to drop to about 14.2 M in 2024.
  
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Safety Insurance Group Company Shares Outstanding Analysis

Safety Insurance's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Safety Insurance Shares Outstanding

    
  14.84 M  
Most of Safety Insurance's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Safety Insurance Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Safety Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Safety Insurance is extremely important. It helps to project a fair market value of Safety Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Safety Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Safety Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Safety Insurance's interrelated accounts and indicators.
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Safety Shares Outstanding Historical Pattern

Today, most investors in Safety Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Safety Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Safety Insurance shares outstanding as a starting point in their analysis.
   Safety Insurance Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Safety Common Stock Shares Outstanding

Common Stock Shares Outstanding

14.25 Million

At this time, Safety Insurance's Common Stock Shares Outstanding is comparatively stable compared to the past year.
Based on the latest financial disclosure, Safety Insurance Group has 14.84 M of shares currently outstending. This is 99.19% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The shares outstanding for all United States stocks is 97.41% higher than that of the company.

Safety Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Safety Insurance's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Safety Insurance could also be used in its relative valuation, which is a method of valuing Safety Insurance by comparing valuation metrics of similar companies.
Safety Insurance is currently under evaluation in shares outstanding category among its peers.

Safety Insurance Current Valuation Drivers

We derive many important indicators used in calculating different scores of Safety Insurance from analyzing Safety Insurance's financial statements. These drivers represent accounts that assess Safety Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Safety Insurance's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.4B1.2B1.3B1.2B1.1B671.2M
Enterprise Value1.4B1.2B1.3B1.3B1.1B644.3M

Safety Insurance ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Safety Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Safety Insurance's managers, analysts, and investors.
Environmental
Governance
Social

Safety Fundamentals

About Safety Insurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Safety Insurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Safety Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Safety Insurance Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Safety Stock Analysis

When running Safety Insurance's price analysis, check to measure Safety Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.