Safehold Inc. (SAFE)

NYSE: SAFE · IEX Real-Time Price · USD
40.91
-2.37 (-5.48%)
May 18, 2022 12:58 PM EDT - Market open
Market Cap2.53B
Revenue (ttm)203.87M
Net Income (ttm)81.09M
Shares Out61.94M
EPS (ttm)1.46
PE Ratio27.94
Forward PEn/a
Dividend$0.68 (1.66%)
Ex-Dividend DateMar 30, 2022
Volume79,262
Open42.26
Previous Close43.28
Day's Range40.63 - 42.78
52-Week Range40.21 - 95.29
Beta-0.12
AnalystsBuy
Price Target86.32 (+111.0%)
Earnings DateApr 21, 2022

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...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJun 22, 2017
CEOJay Sugarman
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolSAFE
Full Company Profile

Financial Performance

In 2021, Safehold's revenue was $187.01 million, an increase of 20.32% compared to the previous year's $155.43 million. Earnings were $73.12 million, an increase of 23.32%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for SAFE stock is "Buy." The 12-month stock price forecast is 86.32, which is an increase of 111.00% from the latest price.

Price Target
$86.32
(111.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Safehold Closes $150 Million Private Placement of Structured Senior Unsecured Notes Due 2052

NEW YORK , May 16, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced today that its operating partnership, Safehold Operating Partner...

2 days ago - PRNewsWire

iStar Declares Quarterly Common Dividend and Preferred Stock Dividends

NEW YORK , May 13, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock f...

Other symbols:STAR
5 days ago - PRNewsWire

Safehold (SAFE) Q1 Earnings and Revenues Beat Estimates

Safehold (SAFE) delivered earnings and revenue surprises of 2.38% and 3.49%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Safehold Reports First Quarter 2022 Results

NEW YORK , April 21, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the first quarter 2022. SAFE published a presentation detailing these results which can be found on its website,...

3 weeks ago - PRNewsWire

Safehold (SAFE) Reports Next Week: Wall Street Expects Earnings Growth

Safehold (SAFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

iStar Sets First Quarter 2022 Earnings Release Date and Webcast

NEW YORK , April 13, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the first quarter 2022 on Tuesday, May 3, 2022, prior to the opening of t...

Other symbols:STAR
1 month ago - PRNewsWire

Safehold Sets First Quarter 2022 Earnings Release Date and Webcast

NEW YORK , April 13, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the first quarter 2022 on Thursday, April 21, 2022, prior to market op...

1 month ago - PRNewsWire

Elephant Tracking: How to Spot the Market's Next Mega Winners BEFORE They Take Off

If you follow an elephant's tracks, you find an elephant. If you follow a large money manager, you'll find the winners they've identified.

Other symbols:ABRAPPF
1 month ago - InvestorPlace

iStar Announces Exchanges with Holders of $194 million of Convertible Notes

NEW YORK , April 8, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company entered into privately negotiated exchange agreements with certain holders of its 3.125% Convertible Sen...

Other symbols:STAR
1 month ago - PRNewsWire

Safehold Declares First Quarter 2022 Common Stock Dividend

NEW YORK, March 21, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.17 per share for the first quarter of ...

1 month ago - PRNewsWire

Safehold to Present at 2022 Citi Global Property CEO Conference

NEW YORK, March 7, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will participate in a moderated discussion at the 2022 Citi Gl...

2 months ago - PRNewsWire

Safehold Announces Public Offering and Concurrent Private Placement

NEW YORK, March 2, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) (the "Company") announced today that it has commenced an underwritten public offering to sell 1,750,000 shares of its common stock. The...

Other symbols:STAR
2 months ago - PRNewsWire

3 Reasons Why Growth Investors Shouldn't Overlook Safehold (SAFE) - Revised

Safehold (SAFE) could produce exceptional returns because of its solid growth attributes.

2 months ago - Zacks Investment Research

1 Thing Everyone Gets Wrong About Safehold

Inflation isn't necessarily the enemy for this ground-lease company.

2 months ago - The Motley Fool

3 Reasons Why Growth Investors Shouldn't Overlook Safety, Income and Growth (SAFE)

Safety, Income and Growth (SAFE) could produce exceptional returns because of its solid growth attributes.

2 months ago - Zacks Investment Research

Does Safety, Income and Growth (SAFE) Have the Potential to Rally 49% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 48.8% in Safety, Income and Growth (SAFE). While the effectiveness of this highly sought-after metric is question...

2 months ago - Zacks Investment Research

Safety, Income and Growth (SAFE) Matches Q4 Earnings Estimates

Safety, Income and Growth (SAFE) delivered earnings and revenue surprises of 0% and 0.39%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Safehold Reports Fourth Quarter and Fiscal Year 2021 Results

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the fourth quarter and fiscal year ended December 31, 2021. SAFE published a presentation detailing these results ...

3 months ago - PRNewsWire

Safehold Executes Private Sale of Caret Units at a Valuation of $1.75 Billion

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced that it has closed on the sale of 108,571 Caret Units and receiv...

3 months ago - PRNewsWire

Safehold Sets Fourth Quarter and Fiscal Year 2021 Earnings Release and Webcast

NEW YORK, Feb. 11, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the fourth quarter and fiscal year 2021 on Tuesday, February 15, 2022, p...

3 months ago - PRNewsWire

iStar Sets Fourth Quarter and Fiscal Year 2021 Earnings Release Date and Webcast

NEW YORK, Feb. 11, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the fourth quarter and fiscal year 2021 on Thursday, February 24, 2022, pri...

Other symbols:STAR
3 months ago - PRNewsWire

Safehold Closes Third Ground Lease in Phoenix Area for $54 million

NEW YORK, Feb. 11, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced the closing of its third ground lease in the Phoenix MSA for $54...

3 months ago - PRNewsWire

Safehold Closes Fourth Ground Lease in Nashville Area to Capitalize $128.4 Million Multifamily Development

NEW YORK, Feb. 10, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, provided a ground lease to capitalize the $128.4 million development of Pr...

3 months ago - PRNewsWire

Is Safehold a Buy?

This REIT has a great business model, but the rewards it offers probably won't be enough to make it a buy for most investors.

3 months ago - The Motley Fool

Safety, Income and Growth (SAFE) to Report Q4 Results: Wall Street Expects Earnings Growth

Safety, Income and Growth (SAFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research