Safehold Inc. (SAFE)
Market Cap | 1.46B |
Revenue (ttm) | 401.07M |
Net Income (ttm) | 120.91M |
Shares Out | 71.44M |
EPS (ttm) | 1.70 |
PE Ratio | 12.05 |
Forward PE | 12.62 |
Dividend | $0.71 (3.47%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 200,281 |
Open | 20.39 |
Previous Close | 20.52 |
Day's Range | 20.24 - 20.52 |
52-Week Range | 17.91 - 28.80 |
Beta | 0.90 |
Analysts | Buy |
Price Target | 28.44 (+39.21%) |
Earnings Date | Oct 28, 2024 |
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]
Financial Performance
Financial StatementsAnalyst 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 39.21% from the latest price.
News
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...
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...
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...
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...
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...
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 -...
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...
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.
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, ...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
Star Holdings Reports First Quarter 2024 Results
NEW YORK , May 10, 2024 /PRNewswire/ -- Star Holdings (NASDAQ: STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 with the Securities and Ex...
Safehold Inc. (SAFE) Q1 2024 Earnings Call Transcript
Safehold Inc. (NYSE:SAFE) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Pearse Hoffmann – Senior Vice President-Capital Markets and Investor Relations Jay Sugarman – Ch...