LON:SAFESafestore Share Price, Forecast & News

Safestore's stock was trading at GBX 778 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SAFE stock has decreased by 9.3% and is now trading at GBX 706. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safestore in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Safestore.

Safestore is scheduled to release its next quarterly earnings announcement on Tuesday, June 16th 2020. View our earnings forecast for Safestore.

Safestore announced a dividend on Tuesday, January 7th. Shareholders of record on Thursday, March 5th will be paid a dividend of GBX 12 per share on Thursday, April 9th. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, March 5th. This is an increase from Safestore's previous dividend of GBX 5.50. The official announcement can be accessed at this link. View Safestore's dividend history.

6 Wall Street analysts have issued 1 year target prices for Safestore's shares. Their forecasts range from GBX 700 to GBX 820. On average, they anticipate Safestore's share price to reach GBX 755 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for Safestore.

News stories about SAFE stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Safestore earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View the latest news aboutSafestore.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Safestore investors own include Hansteen (HSTN), Big Yellow Group (BYG), Aberdeen Asset Management (ADN), Carnival (CCL), Games Workshop Group (GAW), Ibstock (IBST), KEFI Minerals (KEFI), Persimmon (PSN), Accesso Technology Group (ACSO) and Eight Peaks Group (8PG).

Safestore trades on the London Stock Exchange (LON) under the ticker symbol "SAFE."

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.

One share of SAFE stock can currently be purchased for approximately GBX 706.

Safestore has a market capitalization of £1.49 billion and generates £151.80 million in revenue each year. Safestore employs 639 workers across the globe.

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

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.