LON:SAFE Safestore (SAFE) Share Forecast, Price & News GBX 728 +11.00 (+1.53%) (As of 06:29 AM ET) Add Compare Share Share Today's Range 703.50▼ 730.5050-Day Range 715▼ 894.5052-Week Range 703.50▼ 1,093Volume52,359 shsAverage Volume323,632 shsMarket Capitalization£1.59 billionP/E Ratio555.73Dividend Yield4.12%Price TargetGBX 1,082.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesOptions ChainProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesOptions Chain Safestore MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside52.6% UpsideGBX 1,082.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.08Based on 3 Articles This WeekInsider TradingAcquiring Shares£9.93 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 stars 3.5 Analyst's Opinion Consensus RatingSafestore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 1,082.50, Safestore has a forecasted upside of 52.6% from its current price of GBX 709.25.Amount of Analyst CoverageSafestore has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SAFE. Previous Next 1.7 Dividend Strength Dividend LeadershipSafestore is a leading dividend payer. It pays a dividend yield of 4.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSafestore does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Safestore is 2,290.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SAFE. Previous Next 2.8 News and Social Media Coverage News SentimentSafestore has a news sentiment score of 0.08. 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 is a lower news sentiment than the 0.48 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Safestore this week, compared to 1 article on an average week.Search Interest9 people have searched for SAFE on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat Follows2 people have added Safestore to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safestore insiders have bought more of their company's stock than they have sold. Specifically, they have bought £99,345.20 in company stock and sold GBX 0 in company stock.Percentage Held by InsidersOnly 3.32% of the stock of Safestore is held by insiders.Percentage Held by Institutions81.93% of the stock of Safestore is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Safestore is 541.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 121.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Safestore is 541.41, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 137.80.Price to Earnings Growth RatioSafestore has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSafestore has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Safestore (LON:SAFE) StockSafestore is the UK's largest self storage group with 185 stores on 30 April 2023, comprising 132 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, 8 stores in Spain, 10 stores in the Netherlands and 6 stores in Belgium. 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 at 30 April 2023, Safestore had a maximum lettable area ("MLA") of 7.990 million sq ft (excluding the expansion pipeline stores) of which 6.124 million sq ft was occupied. Safestore employs around 750 people in the UK, Paris, Spain, the Netherlands and Belgium.Read More SAFE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAFE Stock News HeadlinesOctober 4, 2023 | americanbankingnews.comSafestore (LON:SAFE) Shares Cross Below Two Hundred Day Moving Average of $890.94September 28, 2023 | lse.co.ukSafestore chief financial officer to retire once successor is foundOctober 4, 2023 | Oxford Club (Ad)Better Than Oil StocksThe best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. September 28, 2023 | marketwatch.comSafestore Holdings Finance Chief to RetireSeptember 25, 2023 | msn.comDown nearly 30%, here’s why investors should consider this FTSE 250 stock!September 24, 2023 | msn.comChildren whose bodies were found in suitcase in storage locker can now be namedSeptember 23, 2023 | msn.comMy £3-a-day passive income plan for 2023 and beyondSeptember 20, 2023 | uk.finance.yahoo.comShould I be rushing to buy these 2 FTSE 250 stocks?October 4, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!September 15, 2023 | msn.comMARKET REPORT: Rolls-Royce flies high on back of post-Covid travel boomSeptember 15, 2023 | msn.comMARKET REPORT: Rolls-Royce flies high on post-Covid travel boomSeptember 13, 2023 | msn.comShould I be buying these value stocks right now?September 8, 2023 | msn.com“My top stock market sector for 2024 (and beyond) is…”September 7, 2023 | lse.co.ukLondon close: Stocks mixed as weaker pound lifts FTSE 100September 7, 2023 | msn.comMARKET REPORT: China government iPhone ban wipes £160bn off value of AppleSeptember 7, 2023 | lse.co.ukSafestore sees adjusted earnings per share at lower end of forecastsSeptember 7, 2023 | marketwatch.comSafestore Revenue Rises on Strong Domestic PerformanceSeptember 4, 2023 | uk.style.yahoo.com1 absurdly cheap FTSE 250 stock I’d buy todayAugust 31, 2023 | lse.co.ukLONDON BROKER RATINGS: Jefferies cuts CMC Markets to 'underperform'August 25, 2023 | uk.news.yahoo.comI’d rush to buy these 2 value stocks right now!August 24, 2023 | uk.style.yahoo.com“My top inflation-resistant FTSE stock is…”August 21, 2023 | msn.com2 of the best dividend shares to buy now for UK investors?August 14, 2023 | msn.comGood news as food hygiene ratings awarded to nine Wandsworth establishmentsAugust 7, 2023 | msn.com1 of the best FTSE 250 stocks for consistent growth and returns?August 7, 2023 | msn.comFood hygiene ratings given to three Wandsworth establishmentsAugust 5, 2023 | msn.com£2k to invest? 2 investments I’d make in a Stocks and Shares ISA this yearAugust 3, 2023 | msn.comHere’s 1 value stock primed for growth and returnsSee More Headlines Receive SAFE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Safestore and its competitors with MarketBeat's FREE daily newsletter. Email Address SAFE Company Calendar Ex-Dividend for 8/10 Dividend7/06/2023Dividend Payable8/10/2023Today10/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON Industry REIT—Industrial Sub-IndustryN/A SectorReal Estate Current SymbolLON:SAFE CUSIPN/A CIKN/A Webwww.safestore.com Phone+44-20-87321500FaxN/AEmployees750Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 1,082.50 High Stock Price ForecastGBX 1,100 Low Stock Price ForecastGBX 1,065 Forecasted Upside/Downside+51.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.31 Trailing P/E Ratio547.33 Forward P/E Ratio15.59 P/E Growth2.05Net Income£285.70 million Net Margins128.93% Pretax MarginN/A Return on Equity16.53% Return on Assets3.08% Debt Debt-to-Equity Ratio43.00 Current Ratio0.81 Quick Ratio0.90 Sales & Book Value Annual Sales£221.60 million Price / Sales7.05 Cash FlowGBX 17.13 per share Price / Cash Flow41.85 Book ValueGBX 848 per share Price / Book0.85Miscellaneous Outstanding Shares218,010,000Free FloatN/AMarket Cap£1.56 billion OptionableOptionable Beta0.67 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Frederic Vecchioli (Age 57)CEO & Director Comp: $1.19MMr. Andrew B. Jones (Age 56)CFO & Director Comp: $856kMr. David DaviesBus. Devel. DirectorHelen Mary BramallCompany Sec.Key CompetitorsBig Yellow GroupLON:BYGUK Commercial Property REITLON:UKCMTritax Big Box REITLON:BBOXUrban Logistics REITLON:SHEDIndustrials REITLON:MLIView All CompetitorsInsidersIan KriegerBought 12,280 shares on 9/8/2023Total: £9.93 M ($809.00/share)Ian KriegerBought 12,260 shares on 6/27/2023Total: £10.20 M ($832.00/share)Frederic VecchioliBought 61,000 shares on 6/22/2023Total: £51.91 M ($851.00/share)Frederic VecchioliSold 63,679 sharesTotal: £57.25 M ($899.00/share)Ian KriegerBought 2,022 shares on 3/2/2023Total: £2.00 M ($989.00/share)View All Insider Transactions SAFE Stock - Frequently Asked Questions Should I buy or sell Safestore stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Safestore in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SAFE shares. View SAFE analyst ratings or view top-rated stocks. What is Safestore's stock price forecast for 2023? 2 Wall Street analysts have issued 12 month price objectives for Safestore's stock. Their SAFE share price forecasts range from GBX 1,065 to GBX 1,100. On average, they anticipate the company's share price to reach GBX 1,082.50 in the next year. This suggests a possible upside of 51.0% 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 2023? Safestore's stock was trading at GBX 945 on January 1st, 2023. Since then, SAFE stock has decreased by 24.1% and is now trading at GBX 717. View the best growth stocks for 2023 here. How often does Safestore pay dividends? What is the dividend yield for Safestore? Safestore announced a dividend on Wednesday, June 14th. Stockholders of record on Thursday, July 6th will be given a dividend of GBX 9.90 per share on Thursday, August 10th. This represents a dividend yield of 1.06%. The ex-dividend date is Thursday, July 6th. The official announcement can be accessed at this link. Read our dividend analysis for SAFE. Is Safestore a good dividend stock? Safestore (LON:SAFE) pays an annual dividend of GBX 30 per share and currently has a dividend yield of 3.87%. The dividend payout ratio is 2,290.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SAFE. What other stocks do shareholders of Safestore own? Based on aggregate information from My MarketBeat watchlists, some companies that other Safestore investors own include Hansteen (HSTN), Big Yellow Group (BYG), 1724525 (ADN.L) (ADN), Games Workshop Group (GAW), Ibstock (IBST), KEFI Gold and Copper (KEFI), Ocado Group (OCDO), Persimmon (PSN), Aberdeen New India Investment Trust (ANII) and Altitude Group (ALT). What is Safestore's stock symbol? Safestore trades on the London Stock Exchange (LON) under the ticker symbol "SAFE." 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.Compare Top Brokerages Here. What is Safestore's stock price today? One share of SAFE stock can currently be purchased for approximately GBX 717. How much money does Safestore make? Safestore (LON:SAFE) has a market capitalization of £1.56 billion and generates £221.60 million in revenue each year. The company earns £285.70 million in net income (profit) each year or GBX 1.31 on an earnings per share basis. How many employees does Safestore have? The company employs 750 workers across the globe. How can I contact Safestore? Safestore's mailing address is Britannic House, Stirling Way, BOREHAMWOOD, WD6 2BT, United Kingdom. The official website for the company is www.safestore.com. The company can be reached via phone at +44-20-87321500. This page (LON:SAFE) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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