Safestore (SAFE) Share Price, News & Analysis

Company Overview

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium. In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle. Safestore operates more self storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and more densely populated UK and French markets. Safestore was founded in the UK in 1998. It acquired the French business "Une Pièce en Plus" ("UPP") in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015. The Group provides storage to around 90,000 personal and business customers. As of 31 October 2023, Safestore had a maximum lettable area ("MLA") of 8.090 million sq ft (excluding the expansion pipeline stores) of which 6.231 million sq ft was occupied. Safestore employs around 750 people in the UK, Paris, Spain, the Netherlands, and Belgium.

Key Stats

• Today's Range: 685 to 704.50
• 50-Day Range: 616.12 to 700
• 52-Week Range: 525.50 to 889.67
• Volume: 31,747 shs
• Average Volume: 1.26 million shs
• Market Capitalization: £1.51 billion
• P/E Ratio: 514.85
• Dividend Yield: 0.04%
• Price Target: GBX 820
• Consensus Rating: Buy

Safestore Stock Analysis - MarketRank™

Safestore scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Buy

Consensus Rating

Safestore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Safestore has a consensus price target of GBX 820, representing about 17.1% upside from its current price of GBX 700.

Amount of Analyst Coverage

Safestore has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Safestore is 519.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 233.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Safestore is 519.67, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 278.92.

Price to Earnings Growth Ratio

Safestore has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Safestore has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SAFE.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Safestore is a leading dividend payer. It pays a dividend yield of 4.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Safestore does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Safestore is 22.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SAFE.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Safestore has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Safestore this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Safestore insiders have bought more of their company's stock than they have sold. Specifically, they have bought £29,984.64 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 7.87% of the stock of Safestore is held by insiders.

Percentage Held by Institutions

73.55% of the stock of Safestore is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SAFE Stock Analysis - Frequently Asked Questions

How have SAFE shares performed this year?

Safestore's stock was trading at GBX 644 on January 1st, 2025. Since then, SAFE shares have increased by 8.7% and is now trading at GBX 700.

How were Safestore's earnings last quarter?

Safestore Holdings Plc (LON:SAFE) issued its earnings results on Tuesday, June, 10th. The company reported $18.60 earnings per share for the quarter. Safestore had a trailing twelve-month return on equity of 12.38% and a net margin of 118.32%.
Read the conference call transcript.

How do I buy shares of Safestore?

Shares of SAFE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Safestore own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Safestore investors own include Big Yellow Group (BYG), Barclays (BARC), B&M European Value Retail (BME), Coats Group (COA), Ferrexpo (FXPO), GSK (GSK) and Hansteen (HSTN).

Company Calendar

• Last Earnings: 6/10/2025
• Today: 10/06/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Industrial
• Sub-Industry: Trading
• Current Symbol: LON:SAFE
• CIK: N/A
• Web: www.safestore.com
• Phone: +44-20-87321500
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Safestore: GBX 820
• High Price Target: GBX 820
• Low Price Target: GBX 820
• Potential Upside/Downside: +17.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 1.35
• Trailing P/E Ratio: 519.67
• Forward P/E Ratio: 16.40
• P/E Growth: 2.05
• Net Income: £263.67 million
• Net Margins: 118.32%
• Pretax Margin: N/A
• Return on Equity: 12.38%
• Return on Assets: 2.81%

Debt

• Debt-to-Equity Ratio: 41.53
• Current Ratio: 0.89
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: £227.10 million
• Price / Sales: 6.73
• Cash Flow: GBX 16.73 per share
• Price / Cash Flow: 41.85
• Book Value: GBX 1,020.06 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 218,417,000
• Free Float: N/A
• Market Cap: £1.53 billion
• Optionable: Not Optionable
• Beta: 0.86