Safehold (NYSE:SAFE) Cut to Sell at Wall Street Zen

Key Points

• Safehold was downgraded by Wall Street Zen from a "hold" to a "sell", though the consensus across analysts remains a "Hold" (3 Buys, 7 Holds, 1 Sell) with an average price target of $19.00.
• In Q1 Safehold beat revenue estimates ($110.85M vs. ~$96.5M) but missed EPS ($0.40 vs. $0.43), while management pointed to a $255M LOI pipeline, UCA of $9.5B and the initiation of share buybacks.
• Shares opened at $14.89 and traded down about 7.1% after the report; the company has a market cap near $1.07B, a P/E of ~9.3 and roughly 70% institutional ownership.

Safehold (NYSE:SAFE - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.

Several other equities research analysts have also recently commented on the company. Royal Bank Of Canada cut Safehold from a "market outperform" rating to a "sector perform" rating and set a $16.00 price target for the company. in a research note on Friday. Zacks Research cut Safehold from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 25th. Mizuho boosted their price target on Safehold from $15.00 to $16.00 and gave the company a "neutral" rating in a research note on Wednesday, March 11th. Truist Financial boosted their price target on Safehold from $16.00 to $17.00 and gave the company a "hold" rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Safehold in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Safehold has a consensus rating of "Hold" and an average price target of $19.00.

Safehold Trading Down 7.1%

Shares of NYSE SAFE opened at $14.89 on Friday. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 1.68 and a beta of 1.87. The business has a 50 day simple moving average of $14.99 and a 200 day simple moving average of $14.54. Safehold has a 52 week low of $12.76 and a 52 week high of $17.16. The company has a debt-to-equity ratio of 1.88, a quick ratio of 34.97 and a current ratio of 34.97.

Safehold (NYSE:SAFE - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). The firm had revenue of $110.85 million during the quarter, compared to the consensus estimate of $96.51 million. Safehold had a net margin of 28.58% and a return on equity of 4.80%. On average, research analysts predict that Safehold will post 1.73 earnings per share for the current fiscal year.

Institutional Trading of Safehold

A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Safehold by 24.7% during the third quarter. JPMorgan Chase & Co. now owns 1,411,158 shares of the company's stock valued at $21,859,000 after purchasing an additional 279,664 shares during the period. Geode Capital Management LLC increased its position in shares of Safehold by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,355,407 shares of the company's stock valued at $18,557,000 after purchasing an additional 6,255 shares during the period. Long Pond Capital LP bought a new stake in shares of Safehold during the fourth quarter valued at approximately $12,936,000. Invesco Ltd. increased its position in shares of Safehold by 4.6% during the second quarter. Invesco Ltd. now owns 619,951 shares of the company's stock valued at $9,646,000 after purchasing an additional 27,395 shares during the period. Finally, Algert Global LLC increased its position in shares of Safehold by 137.4% during the third quarter. Algert Global LLC now owns 486,386 shares of the company's stock valued at $7,534,000 after purchasing an additional 281,478 shares during the period. 70.38% of the stock is currently owned by institutional investors.

Safehold News Roundup

Here are the key news stories impacting Safehold this week:

• Positive Sentiment: Revenue and portfolio growth beat estimates — Safehold reported $110.85M in Q1 revenue versus Wall Street’s ~$96.5M estimate, and management highlighted strong portfolio expansion that underpins future fee income. Safehold Reports First Quarter 2026 Results
• Positive Sentiment: LOI pipeline and balance-sheet metrics look constructive — management signaled a $255M letters-of-intent pipeline and said UCA rose to $9.5B, indicating a sizable originations backlog and asset base to monetize. Safehold signals $255M LOI pipeline as UCA rises to $9.5B and buybacks begin
• Positive Sentiment: Share repurchases initiated — the company announced buybacks, which can support the stock and indicate management’s confidence in intrinsic value. Safehold signals $255M LOI pipeline as UCA rises to $9.5B and buybacks begin
• Neutral Sentiment: Full earnings materials and call available — press release, slide deck and call transcript provide detail for investors to model cash flows and runway. Safehold Q1 slide deck / press materials
• Neutral Sentiment: Analyst-estimate context — while revenue beat, EPS missed the $0.43 consensus (reported $0.40); Street models and forward estimates (analysts expect ~1.73 EPS for the year) will drive revisions. Safehold (SAFE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
• Negative Sentiment: EPS miss and legal items raised caution — the $0.40 EPS miss to consensus and references to legal matters on the earnings call appear to have weighed on sentiment, prompting intraday selling despite top-line strength. Safehold Inc (SAFE) Q1 2026 Earnings Call Highlights: Strong Portfolio Growth Amidst Legal ...

Safehold Company Profile

Safehold Inc is a real estate investment trust that seeks to redefine land ownership for commercial property owners. The company acquires perpetual ground leases from landowners and structures long-term leaseback arrangements, enabling building owners to unlock the value of underlying land without relinquishing operational control of their properties. By separating land ownership from building ownership, Safehold offers an alternative to traditional mortgage financing and land sale–leaseback transactions.

Safehold’s portfolio spans multiple commercial real estate sectors, including office, multifamily, industrial and retail, with a focus on high-quality properties in major U.S.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.