Cantor Fitzgerald Weighs in on Safehold FY2025 Earnings

Key Points

• Cantor Fitzgerald estimates that Safehold will report $1.63 earnings per share for FY2025, which is slightly above the consensus estimate of $1.58 EPS.
• The company declared a quarterly dividend of $0.177 per share, offering a dividend yield of 4.6%, with the payout scheduled for October 15th.
• Safehold currently holds a market capitalization of $1.11 billion with a stock price target consensus of $19.89 and a "Hold" rating from various analysts.

Safehold Inc. (NYSE:SAFE - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Safehold in a report issued on Wednesday, October 1st. Cantor Fitzgerald analyst R. Anderson forecasts that the company will post earnings of $1.63 per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $17.00 target price on the stock. The consensus estimate for Safehold's current full-year earnings is $1.58 per share. Cantor Fitzgerald also issued estimates for Safehold's FY2026 earnings at $1.69 EPS.

Safehold (NYSE:SAFE - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. Safehold had a return on equity of 4.70% and a net margin of 27.45%.The company had revenue of $93.84 million for the quarter, compared to analyst estimates of $94.05 million. During the same quarter last year, the firm posted $0.41 EPS. The firm's revenue for the quarter was up 4.3% on a year-over-year basis.

Other equities research analysts have also issued reports about the company. JMP Securities dropped their price target on Safehold from $32.00 to $28.00 and set a "market outperform" rating for the company in a research report on Tuesday, August 12th. JPMorgan Chase & Co. dropped their target price on Safehold from $20.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, July 9th. Truist Financial reduced their price target on Safehold from $18.00 to $16.00 and set a "hold" rating on the stock in a report on Thursday, September 11th. Finally, Mizuho upped their price objective on shares of Safehold from $16.00 to $17.00 and gave the company a "neutral" rating in a report on Thursday, September 11th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $19.89.

Safehold Stock Performance

NYSE:SAFE opened at $15.43 on Friday. The company has a market cap of $1.11 billion, a P/E ratio of 10.79, a P/E/G ratio of 1.40 and a beta of 1.85. Safehold has a twelve month low of $13.43 and a twelve month high of $26.13. The company's 50-day moving average price is $15.51 and its 200-day moving average price is $15.68. The company has a current ratio of 36.02, a quick ratio of 36.02 and a debt-to-equity ratio of 1.85.

Institutional Trading of Safehold

Several institutional investors have recently added to or reduced their stakes in SAFE. Hantz Financial Services Inc. boosted its position in shares of Safehold by 928.2% during the second quarter. Hantz Financial Services Inc. now owns 1,861 shares of the company's stock worth $29,000 after buying an additional 1,680 shares during the period. US Bancorp DE lifted its stake in Safehold by 136.4% during the 1st quarter. US Bancorp DE now owns 2,215 shares of the company's stock worth $41,000 after acquiring an additional 1,278 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Safehold by 73.9% during the 1st quarter. Versant Capital Management Inc now owns 2,377 shares of the company's stock valued at $44,000 after acquiring an additional 1,010 shares during the period. Russell Investments Group Ltd. boosted its holdings in Safehold by 115.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,344 shares of the company's stock valued at $52,000 after acquiring an additional 1,789 shares during the period. Finally, GAMMA Investing LLC grew its position in Safehold by 117.2% in the 2nd quarter. GAMMA Investing LLC now owns 3,923 shares of the company's stock valued at $61,000 after acquiring an additional 2,117 shares in the last quarter. Institutional investors and hedge funds own 70.38% of the company's stock.

Safehold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.177 dividend. This represents a $0.71 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Tuesday, September 30th. Safehold's dividend payout ratio is currently 49.65%.

About Safehold

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.

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