Safehold Inc. (SAFE)

NYSE: SAFE · IEX Real-Time Price · USD
26.70
+0.73 (2.81%)
Jun 2, 2023, 4:00 PM EDT - Market closed
2.81%
Market Cap 1.71B
Revenue (ttm) 204.43M
Net Income (ttm) -208.38M
Shares Out 63.94M
EPS (ttm) -17.43
PE Ratio n/a
Forward PE n/a
Dividend $2.58 (9.66%)
Ex-Dividend Date Mar 29, 2023
Volume 269,642
Open 26.39
Previous Close 25.97
Day's Range 26.24 - 26.82
52-Week Range 23.55 - 88.25
Beta 0.64
Analysts Strong Buy
Price Target 50.00 (+87.27%)
Earnings Date Apr 26, 2023

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. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to del... [Read more]

Sector Real Estate
IPO Date Jun 22, 2017
Country United States
Stock Exchange NYSE
Ticker Symbol SAFE
Full Company Profile

Financial Performance

In 2022, Safehold's revenue was $158.05 million, a decrease of -48.79% compared to the previous year's $308.63 million. Earnings were $397.79 million, an increase of 265.00%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for SAFE stock is "Strong Buy." The 12-month stock price forecast is $50.0, which is an increase of 87.27% from the latest price.

Price Target
$50.0
(87.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Star Holdings Reports First Quarter 2023 Results

NEW YORK , May 11, 2023 /PRNewswire/ -- Star Holdings (NASDAQ: STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 with the Securities and Ex...

3 weeks ago - PRNewsWire

Safehold Reports First Quarter 2023 Results

NEW YORK , April 26, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the first quarter 2023.1 SAFE published a presentation detailing these results which can be found on its websi...

1 month ago - PRNewsWire

Safehold Sets First Quarter 2023 Earnings Release Date and Webcast

NEW YORK , April 18, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the first quarter 2023 after the market close on Wednesday, April 26...

1 month ago - PRNewsWire
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Safehold Enters into Joint Venture with Sovereign Wealth Fund

NEW YORK , April 5, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it has entered into a joint venture arrangement with a sovereign wealth fund focused on new acquisitions for ce...

2 months ago - PRNewsWire

Safehold and iStar Close Merger and Complete Spin-Off of iStar's Legacy Assets to iStar Stockholders

NEW YORK , March 31, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) today closed on the previously announced merger of iStar Inc. ("iStar") and Safehold Inc. ("Original Safe").  The merger represents...

2 months ago - PRNewsWire

iStar Announces Final Consolidation Ratio in Connection with Safehold Merger

NEW YORK , March 30, 2023 /PRNewswire/ -- iStar Inc. (NYSE:STAR) announced today the final consolidation ratio that will be used in the reverse split of iStar common stock that will occur immediately ...

2 months ago - PRNewsWire

N-able Set to Join S&P SmallCap 600

NEW YORK , March 28, 2023 /PRNewswire/ -- N-able Inc. (NYSE: NABL) will replace iStar Inc. (NYSE: STAR) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 3. S&P SmallC...

Other symbols: NABLSPGI
2 months ago - PRNewsWire

Safehold Declares First Quarter 2023 Common Stock Dividend

NEW YORK , March 20, 2023 /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 first quarter...

2 months ago - PRNewsWire
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iStar Stockholders and Safehold Stockholders Approve Merger

NEW YORK , March 9, 2023 /PRNewswire/ -- iStar Inc. ("STAR") (NYSE: STAR) and Safehold Inc. ("SAFE") (NYSE: SAFE) today announced that STAR stockholders and SAFE stockholders have each voted, separate...

3 months ago - PRNewsWire

iStar Reports Fourth Quarter and Fiscal Year 2022 Results

NEW YORK , Feb. 21, 2023 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2022. Highlights from the earnings announcement includ...

3 months ago - PRNewsWire

iStar Declares Quarterly Preferred Stock Dividends

NEW YORK , Feb. 17, 2023 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Preferred Stock for the first q...

3 months ago - PRNewsWire

SAFEHOLD STOCK ALERT: Shareholder Attorneys Howard T. Longman and Lynda Grant Investigate Merger of SAFE and Encourage Investors to Contact Them

Livingston, New Jersey--(Newsfile Corp. - February 16, 2023) - Longman Law, P.C. ("Longma Law") and The Grant Law Firm, PLLC ("Grant Firm", with Longman Law, the "Firms") have commenced an investigati...

3 months ago - Newsfile Corp

Safehold Reports Fourth Quarter and Fiscal Year 2022 Results

NEW YORK , Feb. 14, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the fourth quarter and fiscal year ended December 31, 2022. SAFE published a presentation detailing these resul...

3 months ago - PRNewsWire
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ISTAR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of iStar Inc. - STAR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of iStar Inc. (...

4 months ago - Business Wire

iStar Sets Fourth Quarter and Fiscal Year 2022 Earnings Release Date and Webcast

NEW YORK , Feb. 2, 2023 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the fourth quarter and fiscal year 2022 on Tuesday, February 21, 2023, pr...

4 months ago - PRNewsWire

Safehold Sets Fourth Quarter and Fiscal Year 2022 Earnings Release and Webcast

NEW YORK , Feb. 2, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the fourth quarter and fiscal year 2022 on Tuesday, February 14, 2023,...

4 months ago - PRNewsWire

Fitch Ratings Revises Safehold's Outlook from Stable to Positive

NEW YORK , Feb. 1, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that Fitch Ratings has affirmed Safehold's unsecured corporate credit rating at BBB+ and has revised the rating outlo...

4 months ago - PRNewsWire

Safehold Announces Tax Treatment of 2022 Dividends

NEW YORK , Jan. 17, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2022 common stock dividends. NYSE: SAFE CUSIP: 78649D-104 Record Date Payment Date Distributionpe...

4 months ago - PRNewsWire

iStar Announces Tax Treatment of 2022 Dividends

NEW YORK , Jan. 12, 2023 /PRNewswire/ -- iStar (NYSE: STAR) announced today the tax treatment of its 2022 common and preferred stock dividends. iStar is designating all dividends paid in 2022 as Capit...

5 months ago - PRNewsWire

Safehold Announces New $500 Million Unsecured Revolving Credit Facility

NEW YORK , Jan. 9, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, announced today that it has closed a new $500 million unsecured revolving credit fa...

5 months ago - PRNewsWire

iStar Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Star Holdings

NEW YORK , Dec. 19, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced the initial public filing of a Form 10 registration statement (the "Registration Statement") with the U.S. Securities and Exc...

5 months ago - PRNewsWire

Safehold Declares Fourth Quarter 2022 Common Stock Dividend

NEW YORK , Dec. 15, 2022 /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...

6 months ago - PRNewsWire

Safehold Closes Fifth Ground Lease Transaction in Nashville, Tennessee

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the acquisition of Park Cent...

6 months ago - PRNewsWire

iStar Announces Details for Its Special Dividend

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today the specific terms for its previously announced special dividend. The company will pay a one-time non-cash dividend of ...

6 months ago - PRNewsWire

iStar Announces Dividend Actions

Declares special common stock dividend payable in shares of Safehold common stock Declares regular quarterly cash dividends on preferred stock Suspends regularly quarterly common stock dividends pendi...

6 months ago - PRNewsWire