LON:SAFE

Safestore - SAFE Share Forecast, Price & News

GBX 1,089

-23.00 (-2.07%)

(As of 08/9/2022 02:21 PM ET)

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Today's Range: 1,083
▼
1,115
50-Day Range: 1,013.27
▼
1,143
52-Week Range: 1,001
▼
1,460

Volume: 39,182 shs
Average Volume: 436,881 shs
Market Capitalization: £2.30 billion

P/E Ratio: 481.86
Dividend Yield: 2.43%
Price Target: GBX 1,391

Safestore MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 26.9% Upside
GBX 1,391 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£477,000 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.74 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Safestore has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,391, Safestore has a forecasted upside of 26.9% from its current price of GBX 1,096.
Amount of Analyst Coverage
Safestore has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SAFE.

1.7

Dividend Strength

Dividend Yield
Safestore pays a meaningful dividend of 2.43%, 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 11.11%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SAFE.

0.6

News and Social Media Coverage

Search Interest
7 people have searched for SAFE on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Safestore to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

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 £4,770 in company stock and sold GBX 0 in company stock.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Safestore is 484.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 126.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Safestore is 484.96, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 196.19.
Price to Earnings Growth Ratio
Safestore has a PEG Ratio of 2.38. 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 1.44. 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

About Safestore (LON:SAFE) Stock

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 Une Pièce en Plus in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

Safestore Stock Performance

Shares of SAFE Stock traded up GBX 28 ($0.34) during mid-day trading on Monday, hitting GBX 1,112 ($13.44). 300,528 shares of the stock were exchanged, compared to its average volume of 438,731. The stock's fifty day simple moving average is GBX 1,081.91 and its two-hundred day simple moving average is GBX 1,185.74. The stock has a market capitalization of £2.34 billion and a price-to-earnings ratio of 489.87. Safestore has a 12-month low of GBX 1,001 ($12.10) and a 12-month high of GBX 1,460 ($17.64). The company has a debt-to-equity ratio of 43.96, a quick ratio of 0.90 and a current ratio of 0.96.

Safestore Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 11th. Shareholders of record on Thursday, July 7th will be issued a dividend of GBX 9.40 ($0.11) per share. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, July 7th. Safestore's payout ratio is 11.06%.

Insiders Place Their Bets

In other news, insider Delphine Mousseau acquired 450 shares of the company's stock in a transaction on Thursday, May 19th. The shares were bought at an average price of GBX 1,060 ($12.81) per share, with a total value of £4,770 ($5,763.65).

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SAFE Stock News Headlines

June 21, 2022 | lse.co.uk

Safestore warns on cost-of-living pressures as interim profit climbs

June 9, 2022 | uk.finance.yahoo.com

Two factors to watch at Safestore Holdings

June 7, 2022 | finance.yahoo.com

Safestore Holdings plc (LON:SAFE) insider upped their holding by 45% earlier this year

May 19, 2022 | fool.co.uk

10 compelling recession shares to buy now

May 10, 2022 | uk.finance.yahoo.com

Why quality and momentum could be key drivers for Safestore Holdings

April 12, 2022 | fool.co.uk

Top FTSE growth shares to buy with just £500 today

March 31, 2022 | lse.co.uk

Safestore buys out partner Carlyle Europe Realty from Benelux venture

March 31, 2022 | lse.co.uk

London pre-open: Stocks to edge higher; oil prices in focus

March 31, 2022 | lse.co.uk

Safestore acquires remaining 80% stake in JV

March 30, 2022 | uk.finance.yahoo.com

Up 69% in a year! Can this FTSE 250 share keep rising?

March 30, 2022 | uk.finance.yahoo.com

This FTSE 250 stock is up over 60% in 12 months: should I buy now?

March 18, 2022 | marketwatch.com

Safestore Resolution to Approve Remuneration Report Gets Low Support

March 14, 2022 | fool.co.uk

How I’d invest £20,000 — before the Stocks and Shares ISA deadline

February 18, 2022 | msn.com

Online car buying service motors into major Edinburgh retail park

February 17, 2022 | morningstar.com

FTSE 100 Closes 0.9% Lower as Tensions Over Ukraine Rise

February 17, 2022 | morningstar.com

Bar for Upside UK Inflation Surprises Seen Getting Higher

February 17, 2022 | morningstar.com

FTSE 100 Falls; StanChart Lower as Bank Earnings Season Begins

February 17, 2022 | lse.co.uk

Safestore first quarter revenue rises on new UK openings, Paris demand

February 17, 2022 | marketwatch.com

Safestore 1Q Revenue, Occupancy Rose on Strong U.K. Performance

February 17, 2022 | proactiveinvestors.com

FTSE 100 to keep falling as bank reporting season begins

February 11, 2022 | fool.co.uk

UK shares to buy: how I’d invest £1,000 today

January 20, 2022 | nasdaq.com

Safestore Hldgs Plc (SFSHF)

January 19, 2022 | lse.co.uk

LONDON BROKER RATINGS: BofA cuts Safestore, Capco and Hammerson

January 13, 2022 | lse.co.uk

Safestore hikes payout after record results as profits double

January 13, 2022 | markets.businessinsider.com

European Stocks Seen Opening Weak

See More Headlines

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SAFE Company Calendar

Ex-Dividend for 8/11 Dividend: 7/07/2022
Today: 8/09/2022
Dividend Payable: 8/11/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: REIT - Industrial
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: LON:SAFE
CUSIP: N/A
CIK: N/A
Web: www.safestore.com
Phone: +44-20-87321500
Fax: N/A
Employees: 648
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 1,391
High Stock Price Forecast: GBX 1,470
Low Stock Price Forecast: GBX 1,280
Forecasted Upside/Downside: +27.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 481.86
Forward P/E Ratio: 0.22
P/E Growth: 2.38
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 43.96
Current Ratio: 0.96
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: £199.40 million
Price / Sales: 11.51
Cash Flow: GBX 21.74 per share
Price / Cash Flow: 50.09
Book Value: GBX 763 per share
Price / Book: 1.43

Miscellaneous

Outstanding Shares: 210,827,000
Free Float: N/A
Market Cap: £2.30 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Frederic Vecchioli (Age 56)
CEO & Director
Comp: $1.15M
Mr. Andrew B. Jones (Age 55)
CFO & Director
Comp: $818k
Mr. David Davies
Bus. Devel. Director
Helen Bramall
Company Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SAFE Stock - Frequently Asked Questions

Should I buy or sell Safestore stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safestore in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 2022?: 3 equities research analysts have issued twelve-month price targets for Safestore's stock. Their SAFE share price forecasts range from GBX 1,280 to GBX 1,470. On average, they predict the company's share price to reach GBX 1,391 in the next twelve months. This suggests a possible upside of 25.4% from the stock's current price.
View analysts price targets for SAFE or view top-rated stocks among Wall Street analysts.
How has Safestore's stock price performed in 2022?: Safestore's stock was trading at GBX 1,409 at the beginning of the year. Since then, SAFE stock has decreased by 21.3% and is now trading at GBX 1,109.
View the best growth stocks for 2022 here.
How often does Safestore pay dividends? What is the dividend yield for Safestore?: Safestore declared a dividend on Tuesday, June 21st. Investors of record on Thursday, July 7th will be paid a dividend of GBX 9.40 per share on Thursday, August 11th. This represents a yield of 0.87%. The ex-dividend date is Thursday, July 7th. The official announcement can be seen at this link.
Read our dividend analysis for SAFE.
Is Safestore a good dividend stock?: Safestore (LON:SAFE) pays an annual dividend of GBX 0.25 per share and currently has a dividend yield of 2.49%. The dividend payout ratio is 11.11%. This payout ratio is at a healthy, sustainable level, below 75%.
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 1,109.
How much money does Safestore make?: Safestore (LON:SAFE) has a market capitalization of £2.34 billion and generates £199.40 million in revenue each year.
How many employees does Safestore have?: Safestore employs 648 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 8/9/2022 by MarketBeat.com Staff

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Safestore - SAFE Share Forecast, Price & News

Safestore MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Safestore (LON:SAFE) Stock

Safestore Stock Performance

Safestore Cuts Dividend

Insiders Place Their Bets

SAFE Stock News Headlines

SAFE Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SAFE Stock - Frequently Asked Questions

Should I buy or sell Safestore stock right now?

What is Safestore's stock price forecast for 2022?

How has Safestore's stock price performed in 2022?

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

Is Safestore a good dividend stock?

What other stocks do shareholders of Safestore own?

What is Safestore's stock symbol?

How do I buy shares of Safestore?

What is Safestore's stock price today?

How much money does Safestore make?

How many employees does Safestore have?

How can I contact Safestore?

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