NYSE:SAFE - Safety Income & Growth Stock Price, News, & Analysis

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$20.29 +0.13 (+0.64 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$20.16
Today's Range$19.40 - $20.36
52-Week Range$15.57 - $21.19
Volume89,400 shs
Average Volume32,798 shs
Market Capitalization$370.82 million
P/E Ratio31.70
Dividend Yield2.98%
Beta0.13
Safety, Income & Growth Inc. (NYSE:SAFE) is the first publicly traded company focused on ground leases. The Company seeks to provide real estate owners with better, lower cost capital through its modern ground lease structure, while delivering safe, growing income and long-term capital appreciation to its shareholders. The Company targets major markets throughout the United States, helping owners of high quality multifamily, office, industrial, hospitality and mixed use properties ranging from $25 million to $1 billion generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), is managed by its largest shareholder, iStar Inc.

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Industry, Sector and Symbol

Industry Real property lessors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:SAFE
CUSIPN/A
Phone212-930-9400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$49.72 million
Cash Flow$1.3812 per share
Book Value$19.60 per share

Profitability

Net Income$11.74 million

Miscellaneous

EmployeesN/A
Market Cap$370.82 million
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 Friday, March 15th. Investors of record on Friday, March 29th will be given a dividend of $0.15 per share on Monday, April 15th. This represents a $0.60 annualized dividend and a yield of 2.96%. The ex-dividend date is Thursday, March 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 quarterly earnings results on Thursday, February, 14th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.01. The company earned $14.81 million during the quarter, compared to analysts' expectations of $12.74 million. Safety Income & Growth had a net margin of 23.61% and a return on equity of 3.22%. View Safety Income & Growth's Earnings History.

When is Safety Income & Growth's next earnings date?

Safety Income & Growth is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Safety Income & Growth.

What price target have analysts set for SAFE?

2 analysts have issued 12 month target prices for Safety Income & Growth's stock. Their forecasts range from $18.50 to $22.00. On average, they anticipate Safety Income & Growth's stock price to reach $20.25 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Safety Income & Growth.

What is the consensus analysts' recommendation for Safety Income & Growth?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safety Income & Growth in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Safety Income & Growth.

Has Safety Income & Growth been receiving favorable news coverage?

Press coverage about SAFE stock has been trending somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Safety Income & Growth earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Safety Income & Growth's key competitors?

What other stocks do shareholders of Safety Income & Growth own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Safety Income & Growth investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Zoetis (ZTS), Genocea Biosciences (GNCA), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), TETRA Technologies (TTI) and Aegean Marine Petroleum Network (ANW).

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, 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 on Thursday, June 22nd 2017. The company issued 10,300,000 shares at $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 Safety Income & Growth's major shareholders?

Safety Income & Growth's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (2.56%), FMR LLC (2.46%), State of New Jersey Common Pension Fund D (2.30%), V3 Capital Management L.P. (1.43%), Addison Capital Co (1.31%) and Geode Capital Management LLC (0.48%). 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 institutional investors are selling Safety Income & Growth stock?

SAFE stock was sold by a variety of institutional investors in the last quarter, including V3 Capital Management L.P., Addison Capital Co, Bank of America Corp DE, Acadian Asset Management LLC, Citigroup Inc. and Pinnacle Associates Ltd.. View Insider Buying and Selling for Safety Income & Growth.

Which institutional investors are buying Safety Income & Growth stock?

SAFE stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, BlackRock Inc., Wiley BROS. Aintree Capital LLC, Rhumbline Advisers, Geode Capital Management LLC, Geode Capital Management LLC, Ramsey Quantitative Systems and Barclays PLC. 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 $20.29.

How big of a company is Safety Income & Growth?

Safety Income & Growth has a market capitalization of $370.82 million and generates $49.72 million in revenue each year. The company earns $11.74 million in net income (profit) each year or $0.64 on an earnings per share basis.

What is Safety Income & Growth's official website?

The official website for Safety Income & Growth is http://www.safetyincomegrowth.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  263
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.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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