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.
Industry, Sector and Symbol
Stock Exchange NYSE
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 Ratio6.41
Quick Ratio6.41
Price-To-Earnings
Trailing P/E Ratio104.06
Forward P/E Ratio14.83
P/E GrowthN/A
Sales & Book Value
Annual Sales$23.23 million
Price / Sales13.38
Cash Flow$0.3623 per share
Price / Cash47.06
Book Value$19.57 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,820,000.00
Net Margins9.26%
Return on Equity0.93%
Return on Assets0.47%
Miscellaneous
EmployeesN/A
Outstanding Shares18,230,000
Market Cap$341.45 million
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 declared a quarterly dividend on Tuesday, September 18th. Investors of record on Friday, September 28th will be given a dividend of $0.15 per share on Monday, October 15th. This represents a $0.60 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend is Thursday, September 27th. View Safety Income & Growth's Dividend History.
How were Safety Income & Growth's earnings last quarter?
Safety Income & Growth Inc (NYSE:SAFE) released its earnings results on Thursday, July, 26th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.07. The business earned $11.57 million during the quarter, compared to the consensus estimate of $9.75 million. Safety Income & Growth had a net margin of 9.26% and a return on equity of 0.93%. View Safety Income & Growth's Earnings History.
When is Safety Income & Growth's next earnings date?
What price target have analysts set for SAFE?
4 brokers have issued 12 month price objectives for Safety Income & Growth's shares. Their forecasts range from $18.00 to $20.00. On average, they expect Safety Income & Growth's share price to reach $19.2250 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for Safety Income & Growth.
What is the consensus analysts' recommendation for Safety Income & Growth?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safety Income & Growth in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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 Kearny Financial (KRNY), Washington Prime Group (WPG), Kinsale Capital Group (KNSL), Redwood Trust (RWT), Monmouth R.E. Inv. (MNR), Brookline Bancorp (BRKL), Liberty All-Star Equity Fund (USA), Marcus & Millichap (MMI), TPG Specialty Lending (TSLX), TPG RE Finance Trust (TRTX), McGrath RentCorp (MGRC), State Auto Financial (STFC), OceanFirst Financial (OCFC), Cohen & Steers Quality Income Realty (RQI) and Wisdom Tree Investments (WETF).
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 initial public offering (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.
Who are Safety Income & Growth's major shareholders?
Safety Income & Growth's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (2.20%) and Foundry Partners LLC (1.77%). 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 buying Safety Income & Growth stock?
SAFE stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC and State of New Jersey Common Pension Fund D. 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 $17.05.
How big of a company is Safety Income & Growth?
Safety Income & Growth has a market capitalization of $341.45 million and generates $23.23 million in revenue each year.
What is Safety Income & Growth's official website?
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 (NYSE 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.
