Safehold Inc. (SAFE)

NYSE: SAFE · Real-Time Price · USD
19.51
-0.25 (-1.27%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.27%
Market Cap 1.39B
Revenue (ttm) 401.07M
Net Income (ttm) 120.91M
Shares Out 71.44M
EPS (ttm) 1.70
PE Ratio 11.50
Forward PE 12.05
Dividend $0.71 (3.63%)
Ex-Dividend Date Sep 30, 2024
Volume 646,104
Open 19.68
Previous Close 19.76
Day's Range 19.49 - 20.39
52-Week Range 17.91 - 28.80
Beta 0.87
Analysts Buy
Price Target 28.44 (+45.77%)
Earnings Date Feb 10, 2025

About SAFE

Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital ap... [Read more]

Sector Real Estate
IPO Date Jun 22, 2017
Employees 86
Stock Exchange NYSE
Ticker Symbol SAFE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SAFE stock is "Buy." The 12-month stock price forecast is $28.44, which is an increase of 45.77% from the latest price.

Price Target
$28.44
(45.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Safehold Receives Credit Ratings Upgrade to A- from Fitch

NEW YORK , Dec. 18, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE: SAFE) announced today that Fitch Ratings ("Fitch") has upgraded its credit ratings on the Company to A- from...

2 days ago - PRNewsWire

Safehold Declares Fourth Quarter 2024 Common Stock Dividend

NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the fourth quarter...

8 days ago - PRNewsWire

Safehold Announces Pricing of $400 Million of Senior Unsecured Notes Due 2035

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE: SAFE) today announced that its operating company, Safehold GL Holdings LLC (the "operating company"), has pr...

5 weeks ago - PRNewsWire

Safehold Receives BBB+ Credit Rating from S&P Global Ratings; Outlook Positive

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE: SAFE) announced today that S&P Global Ratings ("S&P") has assigned the Company an initial credit rating of BB...

6 weeks ago - PRNewsWire

Star Holdings Reports Third Quarter 2024 Results

NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Star Holdings (NASDAQ: STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the Securities an...

6 weeks ago - PRNewsWire

Safehold: Time To Cover This High-Beta Bond Proxy

We had initiated a short position in Safehold as part of a paired trade. We closed that one out. We go over the rationale behind that and explain why the REIT still remains a poor choice for a long te...

6 weeks ago - Seeking Alpha

Negative News For Real Estate Investors: 1 REIT To Buy And 1 To Avoid

Recently, the REIT market has suffered steeper declines than the S&P 500 itself, primarily due to rising long-term financing yields. In practice, it is difficult to forecast whether or when these yiel...

Other symbols: MAAVNQ
6 weeks ago - Seeking Alpha

Safehold Inc. (SAFE) Q3 2024 Earnings Call Transcript

Safehold Inc. (NYSE:SAFE) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Pearse Hoffmann - SVP, Capital Markets and IR Jay Sugarman - Chairman and CEO Brett Asnas -...

7 weeks ago - Seeking Alpha

Safehold Reports Third Quarter 2024 Results

NEW YORK , Oct. 28, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the third quarter 2024. SAFE published a presentation detailing these results which can be found on its website...

7 weeks ago - PRNewsWire

2 REITs That Remain Undervalued

REITs have surged by nearly 40% on average. But some specific REITs missed out on this rally. I highlight 2 REITs that still present significant upside potential.

Other symbols: CPTEPRTFPIVNQ
2 months ago - Seeking Alpha

Safehold Sets Third Quarter 2024 Earnings Release Date and Webcast

NEW YORK , Oct. 22, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the third quarter 2024 after the market close on Monday, October 28, ...

2 months ago - PRNewsWire

Safehold To Star Holdings: A Paired Trade

Star Holdings' primary asset is its stake in Safehold Inc. The unwinding of its secondary assets should likely be done in another two and a half years. Star Holdings likely doubles if Safehold stays s...

3 months ago - Seeking Alpha

Safehold Declares Third Quarter 2024 Common Stock Dividend

NEW YORK , Sept. 13, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the third quarter...

3 months ago - PRNewsWire

2 REITs To Buy BEFORE Rate Cuts

The Fed is expected to cut interest rates later this month. This should greatly benefit REITs. Here are 2 REITs that we expect to surge in value as rates are cut.

Other symbols: AVBMPWPLDVNQ
3 months ago - Seeking Alpha

Star Holdings Reports Second Quarter 2024 Results

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Star Holdings (NASDAQ: STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exc...

4 months ago - PRNewsWire

Safehold Inc. (SAFE) Q2 2024 Earnings Call Transcript

Safehold Inc. (NYSE:SAFE) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Pearse Hoffmann - Senior Vice President of Capital Markets and Investor Relations Jay Sugarman...

5 months ago - Seeking Alpha

Safehold Reports Second Quarter 2024 Results

NEW YORK , July 29, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the second quarter 2024. SAFE published a presentation detailing these results which can be found on its websit...

5 months ago - PRNewsWire

3 REIT Types Poised To Soar

REITs are surging in value right now. Some REITs have a lot more upside potential than others. Here are three types of REITs that will soar.

5 months ago - Seeking Alpha

Safehold Sets Second Quarter 2024 Earnings Release Date and Webcast

NEW YORK , July 17, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the second quarter 2024 after the market close on Monday, July 29, 20...

5 months ago - PRNewsWire

Time Is Ticking For Dividend Investors, Let's Scope REIT Dividends Now

Last week, CPI and PPI data sent a signal that the inflation is subsiding. This allowed the market to recalibrate the interest rate expectations. The interest rate sensitive assets such as REITs respo...

Other symbols: O
5 months ago - Seeking Alpha

Safehold: Two Requirements To Make It To $30

We had previously suggested that Safehold would make it over the $20 mark. The recent rally has accomplished that, and the bulls are licking their chops ahead of the expected rate cuts. We go over the...

5 months ago - Seeking Alpha

Safehold Closes Four Ground Leases for Affordable Multifamily Assets

NEW YORK , July 8, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on ground leases to facilitate the ground-up development of f...

5 months ago - PRNewsWire

Safehold Announces $750 Million Commercial Paper Note Program

NEW YORK , June 21, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE: SAFE) today announced that its operating company, Safehold GL Holdings LLC (the "operating company"), has es...

6 months ago - PRNewsWire

Safehold Declares Second Quarter 2024 Common Stock Dividend

NEW YORK , June 14, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the second quarter...

6 months ago - PRNewsWire

Safehold Closes Ground Lease for Affordable Multifamily Development in Orange County, California

NEW YORK , June 6, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of ...

7 months ago - PRNewsWire