Company Information

  

Address: 20 CUSTOM HOUSE STREET  
City: BOSTON 
State: MA 
Zip Code: 02110 
Telephone: 617-951-0600 

Description of Business

Primary SIC Code: 6331
(As filed with the SEC)  

We are a leading provider of private passenger automobile insurance in Massachusetts. In addition to private passenger automobile insurance (which represented 57.7% of our direct written premiums in 2016), we offer a portfolio of property and casualty insurance products, including commercial automobile, homeowners, dwelling fire, umbrella and business owner policies. Operating exclusively in Massachusetts, New Hampshire and Maine through our insurance company subsidiaries, Safety Insurance Company ("Safety Insurance"), Safety Indemnity Insurance Company ("Safety Indemnity") and Safety Property and Casualty Insurance Company ("Safety P&C") (together referred to as the "Insurance Subsidiaries"), we have established strong relationships with independent insurance agents, who numbered 890 in 1,101 locations throughout these three states during 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20174.200.70016.26
03/20174.220.70016.61
12/20164.270.70017.26
09/20166.050.70011.11
06/20165.610.70010.98
03/20164.140.70013.78
12/20150.930.70060.62
09/2015-0.920.700N/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.64Total Liab/Total Assets0.62
Net Inc/Total Assets0.04Total Liab/Inv Cap0.62
Net Inc/Inv Cap0.04Total Liab/Comm Equity10.78
Pretax Inc/Net Sales0.11Interest Coverage Ratio1037.47
Net Inc/Net Sales0.08Curr Debt/EquityNA
Cash Flow/Net Sales0.12LTD/Equity0.02
SG&A/NetSalesNATotal Debt/Equity0.02
Asset Utilization   Liquidity  
Net Receivables Turnover2.68Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 212.53 208.25 204.77 206.96
Cost of Goods Sold 186.79 178.03 188.10 188.49
Selling & Admin Exps NA NA NA NA
Operating Income 25.72 30.20 16.65 18.45
Interest Exp 0.02 0.02 0.02 0.02
Pretax Income 25.72 30.20 16.65 18.45
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 17.95 21.11 12.02 11.95

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 31.93 34.30 32.24 20.05
Receivables - Total 347.99 337.77 307.61 308.02
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 1,854.61 1,815.05 1,761.03 1,758.25
Liabilities        
Accounts Payable 95.16 86.24 67.70 86.98
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 29.01 17.40 5.83 13.50
Total Liabilities 1,151.77 1,121.22 1,083.18 1,087.52
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.18 0.18 0.18 0.17
Retained Earnings 571.55 565.78 555.34 554.00
Treasury Stock -83.84 -83.84 -83.84 -83.84
Total Stockholders' Equity 702.84 693.83 677.85 670.73
Total Liabilities and Stockholders' Equity 1,854.61 1,815.05 1,761.03 1,758.25

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 32.90 16.31 0.88 23.01
Net Cash Provided by Investing Activities -23.18 -3.67 22.01 -44.70
Net Cash Provided by Financing Activities -12.09 -10.58 -10.70 -10.54

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012703.8758.073.80
12/2013745.2861.353.98
12/2014778.8059.353.91
12/2015797.95-13.850.93
12/2016819.8264.584.27
Growth Rates3.89--2.96

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1715812,10279.52




Report Date : 12/4/2017

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