Pelagos Insurance Capital (PLGO) vs Safety Insurance Group (SAFT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Safety Insurance Group (SAFT) has outperformed Pelagos Insurance Capital (PLGO) over the past year, gaining 48.5% versus a gain of 27.9%. Pelagos Insurance Capital is the larger company by market cap ($1.97 billion vs $1.53 billion), about 1.3 times the size. On valuation, Pelagos Insurance Capital trades at a lower forward P/E (6.1x vs 16.6x for Safety Insurance Group).
Safety Insurance Group offers the higher dividend yield (3.54% vs 2.52%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PLGO | SAFT |
|---|---|---|
| Share price | $23.81 | $103.88 |
| Market cap | $1.97B | $1.53B |
| 1-day change | +0.17% | -0.06% |
| YTD return | +21.67% | +33.33% |
| 1-year return | +27.94% | +48.46% |
| 5-year return | — | +30.19% |
| P/E ratio (TTM) | 5.85 | 22.29 |
| Forward P/E | 6.11 | 16.62 |
| EPS (TTM) | $4.07 | $4.66 |
| Dividend yield | 2.52% | 3.54% |
| Annual dividend | $0.60 | $3.68 |
| 52-week high | $26.34 | $104.01 |
| 52-week low | $17.58 | $67.04 |
| Distance from 52-week high | -9.61% | -0.12% |
| Analyst consensus | hold | — |
| Avg. price target upside | +5.71% | — |
| Average volume | 441.38K | 209.12K |
| Shares outstanding | 82.73M | 14.68M |
| Employees | 108 | 568 |
| Sector | Finance | Financial Services |
| Industry | Property-Casualty Insurers | Insurance - Property & Casualty |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- SAFT has outperformed PLGO by 20.5 percentage points over the past year.
- Safety Insurance Group trades at a higher earnings multiple (22.3x vs 5.9x trailing P/E).
- Safety Insurance Group offers a meaningfully higher dividend yield (3.54% vs 2.52%).
- The two companies sit in different sectors: Pelagos Insurance Capital in Finance and Safety Insurance Group in Financial Services.
About Pelagos Insurance Capital
PLGO stock →Pelagos Insurance Capital Limited provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in two segments: Insurance and Reinsurance.
Finance · Property-Casualty Insurers · 108 employees
About Safety Insurance Group
SAFT stock →Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States.
Financial Services · Insurance - Property & Casualty · 568 employees
PLGO vs SAFT FAQ
Which is bigger, Pelagos Insurance Capital or Safety Insurance Group?
Pelagos Insurance Capital (PLGO) is larger, with a market capitalization of $1.97B compared with $1.53B for Safety Insurance Group (SAFT).
Which stock has performed better over the past year, PLGO or SAFT?
SAFT returned +48.46% over the past 12 months, compared with +27.94% for PLGO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PLGO or SAFT?
PLGO has the lower trailing P/E at 5.9, versus 22.3 for SAFT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Pelagos Insurance Capital or Safety Insurance Group?
Safety Insurance Group has the higher yield at 3.54%, compared with 2.52% for Pelagos Insurance Capital.
Are Pelagos Insurance Capital and Safety Insurance Group in the same industry?
No. Pelagos Insurance Capital is in the Finance sector, while Safety Insurance Group is in Financial Services.