NYSE:SAFE

Safehold (SAFE) Stock Price, News & Analysis

$19.12
+0.16 (+0.84%)
(As of 04/22/2024 ET)
Today's Range
$18.82
$19.18
50-Day Range
$18.09
$21.53
52-Week Range
$15.00
$29.56
Volume
379,739 shs
Average Volume
355,963 shs
Market Capitalization
$1.36 billion
P/E Ratio
N/A
Dividend Yield
3.71%
Price Target
$28.40

Safehold MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
48.5% Upside
$28.40 Price Target
Short Interest
Bearish
7.44% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.16mentions of Safehold in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.46%
From $1.53 to $1.69 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.59 out of 5 stars

Finance Sector

529th out of 842 stocks

Real Estate Investment Trusts Industry

106th out of 176 stocks

SAFE stock logo

About Safehold Stock (NYSE: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 appreciation to its shareholders.

SAFE Stock Price History

SAFE Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Safehold (NYSE:SAFE) Price Target Cut to $21.00
The Analyst Landscape: 7 Takes On Safehold
Safehold (SAFE) was upgraded to a Buy Rating at JMP Securities
SAFE Jul 2024 25.000 put
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SAFE Apr 2024 5.000 put
Safehold price target lowered by $1 at Truist, here's why
Beyond The Numbers: 7 Analysts Discuss Safehold Stock
Safehold- A "Ground" Up Opportunity
Safehold Inc. (NYSE:SAFE) Q4 2023 Earnings Call Transcript
Q4 2023 Safehold Inc Earnings Call
Safehold Inc. (SAFE) Q4 2023 Earnings Call Transcript
Deep Dive Into Safehold Stock: Analyst Perspectives (7 Ratings)
See More Headlines
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Company Calendar

Last Earnings
2/12/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/23/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Previous Symbol
NASDAQ:SAFE
Employees
86
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.40
High Stock Price Target
$40.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+48.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$-54,970,000.00
Pretax Margin
-14.99%

Debt

Sales & Book Value

Annual Sales
$352.58 million
Cash Flow
$3.71 per share
Book Value
$32.04 per share

Miscellaneous

Free Float
68,955,000
Market Cap
$1.36 billion
Optionable
Optionable
Beta
1.46
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Key Executives

  • Mr. Jay S. Sugarman (Age 61)
    CEO & Chairman
    Comp: $613.05k
  • Mr. Brett Asnas (Age 38)
    Chief Financial Officer
    Comp: $699.45k
  • Mr. Timothy Doherty
    Chief Investment Officer
  • Mr. Pearse Hoffmann
    Senior Vice President of Capital Markets & Investor Relations
  • Mr. Douglas B. Heitner (Age 43)
    Chief Legal Officer
  • Ms. Theresa Ulyatt
    Chief People Officer
  • Mr. Elisha J. Blechner
    Executive VP & Head of Portfolio Management
  • Mr. Ryan Howard
    Senior Vice President of Investment
  • Mr. Steve Wylder
    Executive VP & Head of Investments
  • Mr. Adam Matos
    Senior Vice President of Investments

SAFE Stock Analysis - Frequently Asked Questions

Should I buy or sell Safehold stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safehold in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SAFE shares.
View SAFE analyst ratings
or view top-rated stocks.

What is Safehold's stock price target for 2024?

9 analysts have issued 1 year price targets for Safehold's shares. Their SAFE share price targets range from $19.00 to $40.00. On average, they anticipate the company's stock price to reach $28.40 in the next year. This suggests a possible upside of 48.5% from the stock's current price.
View analysts price targets for SAFE
or view top-rated stocks among Wall Street analysts.

How have SAFE shares performed in 2024?

Safehold's stock was trading at $23.40 on January 1st, 2024. Since then, SAFE shares have decreased by 18.3% and is now trading at $19.12.
View the best growth stocks for 2024 here
.

When is Safehold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our SAFE earnings forecast
.

How were Safehold's earnings last quarter?

Safehold Inc. (NYSE:SAFE) announced its earnings results on Monday, February, 12th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. The company earned $103 million during the quarter, compared to analysts' expectations of $84.89 million. Safehold had a negative net margin of 15.59% and a positive trailing twelve-month return on equity of 4.31%. Safehold's quarterly revenue was up 40.3% on a year-over-year basis. During the same quarter last year, the business posted ($6.00) earnings per share.

How often does Safehold pay dividends? What is the dividend yield for Safehold?

Safehold announced a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.177 per share on Monday, April 15th. This represents a $0.71 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for SAFE
.

Is Safehold a good dividend stock?

Safehold (NYSE:SAFE) pays an annual dividend of $0.71 per share and currently has a dividend yield of 3.73%.
Read our dividend analysis for SAFE.

What ETFs hold Safehold's stock?

ETFs with the largest weight of Safehold (NYSE:SAFE) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL).Gabelli Financial Services Opportunities ETF (GABF).

What other stocks do shareholders of Safehold own?
When did Safehold IPO?

Safehold (SAFE) raised $206 million in an initial public offering (IPO) on Thursday, June 22nd 2017. The company issued 10,300,000 shares at $20.00 per share. BofA Merrill Lync, J.P. Morgan, Barclays, Citigroup and Raymond James acted as the underwriters for the IPO and Mizuho Securities was co-manager.

Who are Safehold's major shareholders?

Safehold's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Farmers & Merchants Investments Inc. (0.13%), Perpetual Ltd (0.10%), Sumitomo Mitsui Trust Holdings Inc. (0.07%), Naviter Wealth LLC (0.02%), Breakwater Capital Group (0.02%) and Roble Belko & Company Inc (0.00%). Insiders that own company stock include Dean S Adler, Istar Inc, Jay Sugarman and Robin Josephs.
View institutional ownership trends
.

How do I buy shares of Safehold?

Shares of SAFE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SAFE) was last updated on 4/23/2024 by MarketBeat.com Staff

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