Safehold (SAFE) Stock Price, News & Analysis

Company Overview

Safehold Inc. (NYSE: SAFE) is a real estate investment trust specializing in ground lease investments, a financing concept that separates land ownership from property improvements. Through long-term ground leases, Safehold acquires fee-simple interests in land beneath commercial and multifamily properties and grants lessees the right to use the land under net lease agreements. This model provides real estate owners with an alternative to traditional debt financing, while offering investors a predictable, inflation-linked revenue stream supported by underlying real estate collateral.

The company focuses on institutional-quality assets across major U.S. markets, targeting office, multifamily, industrial, hospitality and life sciences properties. Its ground leases typically span 99 years and feature contractual rent escalations designed to align returns with inflationary pressures. By partnering with leading property owners and developers, Safehold aims to unlock capital otherwise tied up in land ownership, enabling sponsors to optimize their balance sheets and pursue new development or repositioning opportunities.

Founded in 2016 and headquartered in New York City, Safehold completed its initial public offering in mid-2020 and has since expanded its footprint coast to coast. The firm has deployed capital in key metropolitan areas including New York, San Francisco, Chicago, Los Angeles, Boston, Washington, D.C., and Miami. Its portfolio is diversified by geography, asset type and sponsor base, reflecting a strategic approach to risk management and long-term value creation.

Safehold’s leadership is led by Chairman and Chief Executive Officer Jay Sugarman, a seasoned real estate entrepreneur with extensive experience in structured finance and investment management. Under his guidance, the company’s executive team draws on deep expertise in real estate markets, capital markets, and asset management to execute its ground lease strategy. Safehold continues to cultivate relationships with developers, institutional investors and strategic partners to advance its mission of redefining land use financing in the commercial real estate sector.

Key Stats

• Today's Range: $14.65 to $15.23
• 50-Day Range: $14.52 to $16.05
• 52-Week Range: $13.68 to $28.80
• Volume: 279,441 shs
• Average Volume: 403,407 shs
• Market Capitalization: $1.06 billion
• P/E Ratio: 10.08
• Dividend Yield: 4.76%
• Price Target: $22.33
• Consensus Rating: Hold

Safehold Stock Analysis - MarketRank™

Safehold scored higher than 84% of companies evaluated by MarketBeat, and ranked 224th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Safehold has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Safehold has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 1.90%

Earnings Growth

Earnings for Safehold are expected to grow by 1.90% in the coming year, from $1.58 to $1.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Safehold is 10.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Safehold is 10.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.17.

Price to Earnings Growth Ratio

Safehold has a PEG Ratio of 1.48. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Safehold has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.93% of the float of Safehold has been sold short.

Short Interest Ratio / Days to Cover

Safehold has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Safehold has recently increased by 5.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Safehold is a leading dividend payer. It pays a dividend yield of 4.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Safehold has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Safehold is 47.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Safehold will have a dividend payout ratio of 43.48% next year. This indicates that Safehold will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

6.93% of the float of Safehold has been sold short.

Short Interest Ratio / Days to Cover

Safehold has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Safehold has recently increased by 5.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.04

News Sentiment

Safehold has a news sentiment score of -0.04. 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 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Safehold this week, compared to 4 articles on an average week.

Search Interest

3 people have searched for SAFE on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Safehold to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Safehold insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.50% of the stock of Safehold is held by insiders.

Percentage Held by Institutions

70.38% of the stock of Safehold 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?

Safehold's stock was trading at $18.48 at the beginning of the year. Since then, SAFE shares have decreased by 20.4% and is now trading at $14.71.

How were Safehold's earnings last quarter?

Safehold Inc. (NYSE:SAFE) announced its earnings results on Tuesday, May, 6th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.01. The firm's revenue was up 4.8% on a year-over-year basis.
Read the conference call transcript.

When did Safehold IPO?

Safehold (SAFE) raised $206 million in an initial public offering on Thursday, June 22nd 2017. The company issued 10,300,000 shares at a price of $20.00 per share. BofA Merrill Lync, J.P. Morgan, Barclays, Citigroup and Raymond James served as the underwriters for the IPO and Mizuho Securities was co-manager.

Who are Safehold's major shareholders?

Top institutional shareholders of Safehold include Exchange Traded Concepts LLC (0.14%), Farmers & Merchants Investments Inc. (0.08%), State of Alaska Department of Revenue (0.08%) and Wealth Enhancement Advisory Services LLC (0.02%). Insiders that own company stock include Jay Sugarman and Robin Josephs.
View institutional ownership trends.

How do I buy shares of Safehold?

Shares of SAFE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Safehold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Safehold investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), Humana (HUM) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/06/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Today: 7/19/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - RESID
• Sub-Industry: Trading
• Current Symbol: NYSE:SAFE
• Previous Symbol: NASDAQ:SAFE
• CIK: 1095651
• Web: www.safeholdinc.com
• Phone: (212) 930-9400
• Fax: 212-930-9494
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Safehold: $22.33
• High Price Target: $34.00
• Low Price Target: $16.00
• Potential Upside/Downside: +51.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.46
• Trailing P/E Ratio: 10.08
• Forward P/E Ratio: 9.31
• P/E Growth: 1.48
• Net Income: $105.76 million
• Net Margins: 28.20%
• Pretax Margin: 29.41%
• Return on Equity: 4.76%
• Return on Assets: 1.64%

Debt

• Debt-to-Equity Ratio: 1.82
• Current Ratio: 37.17
• Quick Ratio: 37.17

Sales & Book Value

• Annual Sales: $370.15 million
• Price / Sales: 2.85
• Cash Flow: $1.80 per share
• Price / Cash Flow: 8.16
• Book Value: $33.23 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 71,723,000
• Free Float: 69,213,000
• Market Cap: $1.06 billion
• Optionable: Optionable
• Beta: 1.79