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NASDAQ: SAFT
Safety Insurance Group (SAFT) stock, explained like you're 5
Safety Insurance Group trades on the Nasdaq under the ticker SAFT. It is a small cap company in the property casualty insurers industry, part of the financial services sector, with a market value of about 1.5 billion dollars.
- Ticker
- SAFT
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Property Casualty Insurers
- Size
- Small cap, about 1.5 billion dollars
Is Safety Insurance Group a small, medium or large cap company?
No. Safety Insurance Group is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 1.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Safety Insurance Group makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves SAFT stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Safety Insurance Group, Inc. (SAFT) Stock Forecasts (Yahoo Finance)
- Safety Insurance stock closed October 16 at USD 104.03, 0.12 percent below yearly high (ad-hoc-news.de)
- Safety Insurance Group stock reaches all time high at 104.02 USD (Investing.com)
- (SAFT) Price Dynamics and Execution Aware Positioning (Stock Traders Daily)
- Safety Insurance Group (SAFT) Stock Could Be Overpriced After A 75% Run (Simply Wall Street)
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Questions about Safety Insurance Group stock
What does Safety Insurance Group do?
Safety Insurance Group trades on the Nasdaq under the ticker SAFT. It is a small cap company in the property casualty insurers industry, part of the financial services sector, with a market value of about 1.5 billion dollars.
What is the ticker symbol for Safety Insurance Group?
Safety Insurance Group trades under the ticker SAFT on the Nasdaq.
What is Safety Insurance Group's market cap?
Safety Insurance Group is a small cap stock with a market cap of about 1.5 billion dollars.
How does Safety Insurance Group make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves SAFT stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow SAFT stock every day?
Add SAFT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.