Safestore is the UK's largest self-storage group with 163 stores, comprising 125 wholly owned stores in the UK (including over 70 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol), 28 wholly owned stores in the Paris region, 6 stores in the Netherlands and 4 stores within Barcelona, Spain. Safestore was founded in the UK in 1998. It acquired the French business ÂUne PiÃ¨ce en PlusÂ in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

Overall MarketRank^™

1.45 out of 5 stars

1.1 Analyst's Opinion

Consensus Rating
Safestore has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 795, Safestore has a forecasted downside of 6.0% from its current price of GBX 846.
Amount of Analyst Coverage
Safestore has only been the subject of 1 research reports in the past 90 days.

3.2 Community Rank

Outperform Votes
Safestore has received 621 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Safestore has received 336 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Safestore has received 64.89% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Safestore and other stocks. Vote “Outperform” if you believe SAFE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SAFE will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Safestore pays a meaningful dividend of 2.18%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Safestore does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Safestore is 0.21%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Safestore insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Safestore is 10.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of Safestore is 10.07, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 54.18.
Price to Book Value per Share Ratio
Safestore has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Safestore (LON:SAFE) Frequently Asked Questions

Is Safestore a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Safestore in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Safestore stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAFE, but not buy additional shares or sell existing shares.
View analyst ratings for Safestore or view top-rated stocks.

What stocks does MarketBeat like better than Safestore?

Wall Street analysts have given Safestore a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Safestore wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Safestore's next earnings date?

Safestore is scheduled to release its next quarterly earnings announcement on Monday, June 14th 2021.
View our earnings forecast for Safestore.

How has Safestore's stock price been impacted by COVID-19?

Safestore's stock was trading at GBX 778 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SAFE shares have increased by 9.3% and is now trading at GBX 850.50.
View which stocks have been most impacted by COVID-19.

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

Safestore declared a dividend on Thursday, January 14th. Shareholders of record on Thursday, March 4th will be paid a dividend of GBX 12.70 per share on Thursday, April 8th. This represents a yield of 1.53%. The ex-dividend date is Thursday, March 4th. This is a boost from Safestore's previous dividend of GBX 5.90. The official announcement can be viewed at this link.
View Safestore's dividend history.

Is Safestore a good dividend stock?

Safestore pays an annual dividend of GBX 0.18 per share and currently has a dividend yield of 2.18%. The dividend payout ratio of Safestore is 0.21%. This payout ratio is at a healthy, sustainable level, below 75%.
View Safestore's dividend history.

What price target have analysts set for SAFE?

4 brokers have issued 12-month price targets for Safestore's stock. Their forecasts range from GBX 700 to GBX 860. On average, they anticipate Safestore's share price to reach GBX 795 in the next year. This suggests that the stock has a possible downside of 6.5%.
View analysts' price targets for Safestore or view top-rated stocks among Wall Street analysts.

Who are Safestore's key executives?

Safestore's management team includes the following people:

Mr. Frederic Vecchioli, CEO & Director (Age 55, Pay $1.11M)
Mr. Andrew B. Jones, CFO & Director (Age 54, Pay $791k)
Mr. David Davies, Bus. Devel. Director
Helen Bramall, Company Sec.

Who are some of Safestore's key competitors?

Some companies that are related to Safestore include Granite Real Estate Investment Trust (GRT.UN), Tritax Big Box REIT (BBOX), Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), Big Yellow Group (BYG), WPT Industrial Real Estate Investment (WIR.U), UK Commercial Property REIT (UKCM), Warehouse REIT (WHR), Hansteen (HSTN), Big Yellow Group (BYLOF), BWP Trust (BWP), Centuria Industrial REIT (CIP), FIBRA Prologis (FBBPF) and National Storage REIT (NSR).
View all of SAFE's competitors.

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 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 850.50.

How much money does Safestore make?

Safestore has a market capitalization of £1.79 billion and generates £162.30 million in revenue each year.

How many employees does Safestore have?

Safestore employs 658 workers across the globe.

What is Safestore's official website?

The official website for Safestore is www.safestore.com.

Where are Safestore's headquarters?

Safestore is headquartered at Britannic House, Stirling Way, BOREHAMWOOD, WD6 2BT, United Kingdom.

How can I contact Safestore?

Safestore's mailing address is Britannic House, Stirling Way, BOREHAMWOOD, WD6 2BT, United Kingdom. The company can be reached via phone at +44-20-87321500.

This page was last updated on 5/6/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Safestore Share Forecast, Price & News

Adding

Adding

Adding Safestore Holdings plc

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Headlines

About Safestore

MarketRank™

Overall MarketRank™