SAFT

In the past six months, several events have impacted SAFT's stock price. A significant event was the announcement in July 2026 of a merger agreement for Safety Insurance Group to be acquired by MAPFRE U.S.A. Corp. for $105.00 per share in cash, an all-cash transaction valued at approximately $1.54 billion. This news led to a surge in the stock price. The antitrust clock for this merger ran out in September 2026, though more approvals are still needed. The company also reported its Q2 2026 earnings on August 5, 2026, with a GAAP EPS of $2.36 and revenue of $325.68 million. For the first six months of 2026, net income fell to $20.2 million, or $1.38 per diluted share, from $50.8 million in the same period of 2025, with the combined ratio rising to 104.5%. This was largely attributed to two severe winter weather events in January and February 2026, which resulted in approximately 1,800 claims and $42.7 million in losses and loss adjustment expenses. Safety Insurance Group declared a quarterly cash dividend of $0.92 per share, payable on September 15, 2026. The stock reached a new 52-week high of $103.88 in September 2026.