Safety, Income & Growth Inc. (NYSE:SAFE) is the first publicly traded company that focuses on acquiring, owning, managing and capitalizing ground leases. The Company seeks to provide safe, growing income and capital appreciation to shareholders by building a diversified portfolio of high quality ground leases. The Company, which is taxed as a real estate investment trust (REIT), is managed by its largest shareholder, iStar Inc. Additional information on SAFE is available on its website at www.safetyincomegrowth.com.
Industry, Sector and Symbol
Industry Real property lessors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:SAFE
CUSIPN/A
Phone212-930-9400
Debt
Debt-to-Equity RatioN/A
Current Ratio11.99
Quick Ratio11.99
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$23.23 million
Price / Sales14.89
Cash Flow$0.4033 per share
Price / Cash47.16
Book Value$19.57 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,820,000.00
Net Margins0.36%
Return on Equity0.03%
Return on Assets0.02%
Miscellaneous
EmployeesN/A
Outstanding Shares18,190,000
Safety Income & Growth (NYSE:SAFE) Frequently Asked Questions
What is Safety Income & Growth's stock symbol?
Safety Income & Growth trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAFE."
How often does Safety Income & Growth pay dividends? What is the dividend yield for Safety Income & Growth?
Safety Income & Growth announced a quarterly dividend on Thursday, June 14th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.15 per share on Friday, July 13th. This represents a $0.60 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Thursday, June 28th. View Safety Income & Growth's Dividend History.
How were Safety Income & Growth's earnings last quarter?
Safety Income & Growth Inc (NYSE:SAFE) posted its earnings results on Thursday, April, 26th. The company reported $0.20 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.07. The firm earned $11.69 million during the quarter, compared to analysts' expectations of $10.79 million. Safety Income & Growth had a return on equity of 0.03% and a net margin of 0.36%. View Safety Income & Growth's Earnings History.
What price target have analysts set for SAFE?
7 equities research analysts have issued 1 year price targets for Safety Income & Growth's stock. Their forecasts range from $18.00 to $21.00. On average, they anticipate Safety Income & Growth's stock price to reach $19.78 in the next twelve months. View Analyst Ratings for Safety Income & Growth.
Who are some of Safety Income & Growth's key competitors?
Some companies that are related to Safety Income & Growth include PIMCO Corporate&Income Opportunity Fund (PTY), United Fire Group (UFCS), Safety Insurance Group (SAFT), State Bank Financial (STBZ), Employers (EIG), LGI Homes (LGIH), HFF (HF), Global Net Lease (GNL), Cohen & Steers Quality Income Realty (RQI), Purplebricks Group (PRPPF), PROVIDENT Finl/S (FPLPY), Caretrust REIT (CTRE), Liberty All-Star Equity Fund (USA), Enterprise Financial Services (EFSC) and Londonmetric Property (LMP).
Who are Safety Income & Growth's key executives?
Safety Income & Growth's management team includes the folowing people:
- Mr. Jay S. Sugarman, Chairman & CEO (Age 55)
- Mr. Andrew C. Richardson CPA, Interim Chief Financial Officer (Age 51)
- Mr. Marcos Alvarado, Chief Investment Officer (Age 37)
- Mr. Jason Fooks, VP, Investor Relations & Marketing
- Ms. Nina B. Matis, Vice Chairman & Chief Legal Officer (Age 70)
When did Safety Income & Growth IPO?
(SAFE) raised $206 million in an IPO 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 acted as the underwriters for the IPO and Mizuho Securities was co-manager.
Has Safety Income & Growth been receiving favorable news coverage?
Media coverage about SAFE stock has been trending positive on Tuesday, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Safety Income & Growth earned a media sentiment score of 0.48 on Accern's scale. They also assigned news stories about the company an impact score of 45.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Safety Income & Growth's major shareholders?
Safety Income & Growth's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include UBS Group AG (9.36%), State Treasurer State of Michigan (4.84%), State of New Jersey Common Pension Fund D (2.12%), Northern Trust Corp (0.62%), JPMorgan Chase & Co. (0.60%) and Teachers Insurance & Annuity Association of America (0.08%). Company insiders that own Safety Income & Growth stock include Geoffrey G Jervis, Istar Inc, Jay S Nydick, Jay Sugarman, Marcos Alvarado, Nina Matis and Robin Josephs. View Institutional Ownership Trends for Safety Income & Growth.
Which major investors are selling Safety Income & Growth stock?
Which major investors are buying Safety Income & Growth stock?
SAFE stock was bought by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, UBS Group AG, JPMorgan Chase & Co., State of New Jersey Common Pension Fund D, Cubist Systematic Strategies LLC, Northern Trust Corp, Teachers Insurance & Annuity Association of America and New York State Common Retirement Fund. Company insiders that have bought Safety Income & Growth stock in the last two years include Geoffrey G Jervis, Istar Inc, Jay S Nydick, Jay Sugarman, Marcos Alvarado, Nina Matis and Robin Josephs. View Insider Buying and Selling for Safety Income & Growth.
How do I buy shares of Safety Income & Growth?
Shares of SAFE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Safety Income & Growth's stock price today?
One share of SAFE stock can currently be purchased for approximately $19.02.
How big of a company is Safety Income & Growth?
Safety Income & Growth has a market capitalization of $341.43 million and generates $23.23 million in revenue each year.
How can I contact Safety Income & Growth?
Safety Income & Growth's mailing address is 1114 AVENUE OF THE AMERICAS 39TH FLOOR, NEW YORK NY, 10036. The company can be reached via phone at 212-930-9400 or via email at [email protected]
MarketBeat Community Rating for Safety Income & Growth (SAFE)
MarketBeat's community ratings are surveys of what our community members think about Safety Income & Growth 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.
