NYSE:SAFESafehold Stock Price, Forecast & News

Safehold's stock was trading at $56.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SAFE shares have decreased by 4.1% and is now trading at $53.70. View which stocks have been most impacted by Coronavirus.

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

Safehold is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Safehold.

Safehold Inc (NYSE:SAFE) issued its quarterly earnings results on Thursday, April, 23rd. The company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.03. The firm had revenue of $40.20 million for the quarter, compared to the consensus estimate of $41.24 million. Safehold had a net margin of 34.42% and a return on equity of 4.39%. View Safehold's earnings history.

Safehold announced a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.162 per share on Wednesday, July 15th. This represents a $0.65 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Monday, June 29th. This is a positive change from Safehold's previous quarterly dividend of $0.16. View Safehold's dividend history.

4 brokerages have issued 12 month price targets for Safehold's shares. Their forecasts range from $29.00 to $80.00. On average, they expect Safehold's stock price to reach $57.75 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View analysts' price targets for Safehold.

Media headlines about SAFE stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Safehold earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Safehold.

Safehold saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 836,500 shares, an increase of 10.5% from the May 31st total of 756,700 shares. Based on an average trading volume of 220,500 shares, the short-interest ratio is presently 3.8 days. Approximately 6.3% of the shares of the company are short sold. View Safehold's Current Options Chain.

Some companies that are related to Safehold include UDR (UDR), E*TRADE Financial (ETFC), ERSTE GRP BK A/S (EBKDY), SVB Financial Group (SIVB), SEGRO (SGRO), Credicorp (BAP), SCHRODERS/PAR VTG FPD 1 (SHNWF), GRUPO FINANCIER/ADR (GBOOY), Everest Re Group (RE), Franklin Resources (BEN), BB Seguridade (BBSEY), Cboe Global Markets (CBOE), Banco de Chile (BCH), Citizens Financial Group (CFG) and W. R. Berkley (WRB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Safehold investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Zoetis (ZTS), Micron Technology (MU) and United Rentals (URI).

(SAFE) raised $206 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Mizuho Securities was co-manager.

Safehold trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAFE."

Safehold's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.04%). Company insiders that own Safehold stock include Craig M Hatkoff, Istar Inc, Jay Sugarman and Marcos Alvarado. View institutional ownership trends for Safehold.

SAFE stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Safehold stock in the last two years include Craig M Hatkoff, Istar Inc, Jay Sugarman, and Marcos Alvarado. View insider buying and selling activity for Safehold.

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, Robinhood, Fidelity, and Charles Schwab.

One share of SAFE stock can currently be purchased for approximately $53.70.

Safehold has a market capitalization of $2.74 billion and generates $93.40 million in revenue each year. The company earns $27.69 million in net income (profit) each year or $0.89 on an earnings per share basis.

The official website for Safehold is www.safeholdinc.com.

Safehold'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]