Safehold - SAFE Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safehold in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SAFE shares.
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5 brokers have issued 1 year price targets for Safehold's shares. Their SAFE share price forecasts range from $33.00 to $85.00. On average, they expect the company's share price to reach $55.50 in the next year. This suggests a possible upside of 95.7% from the stock's current price.
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Safehold's stock was trading at $28.62 at the start of the year. Since then, SAFE stock has decreased by 0.9% and is now trading at $28.36.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our SAFE earnings forecast.

Safehold Inc. (NYSE:SAFE) announced its quarterly earnings results on Tuesday, February, 14th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. The company earned $73.37 million during the quarter, compared to analyst estimates of $73.08 million. Safehold had a trailing twelve-month return on equity of 4.72% and a net margin of 50.10%. The business's revenue for the quarter was up 41.1% on a year-over-year basis. During the same period last year, the company posted $0.38 EPS.

Safehold announced a quarterly dividend on Monday, March 20th. Shareholders of record on Thursday, March 30th will be paid a dividend of $0.177 per share on Thursday, March 30th. This represents a $0.71 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Wednesday, March 29th.
Read our dividend analysis for SAFE.

ETFs with the largest weight of Safehold (NYSE:SAFE) stock in their portfolio include Invesco Active U.S. Real Estate ETF (PSR), Invesco S&P SmallCap Financials ETF (PSCF), WisdomTree International SmallCap Dividend Fund (DLS), WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS), iShares Core U.S. REIT ETF (USRT), Fidelity MSCI Real Estate Index ETF (FREL), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and First Trust S&P REIT Index Fund (FRI).

Safehold (NYSE:SAFE) pays an annual dividend of $0.71 per share and currently has a dividend yield of 2.39%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SAFE will have a dividend payout ratio of 41.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SAFE.

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), Micron Technology (MU), Zoetis (ZTS), Aegean Marine Petroleum Network (ANW) and NVIDIA (NVDA).

(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 served 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 institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (3.59%), Long Pond Capital LP (1.46%), Geode Capital Management LLC (0.86%), Morgan Stanley (0.84%), B&I Capital AG (0.74%) and Mesirow Institutional Investment Management Inc. (0.64%). Insiders that own company stock include Dean S Adler and Istar Inc.
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Shares of SAFE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SAFE stock can currently be purchased for approximately $28.36.

Safehold (NYSE:SAFE) has a market capitalization of $1.77 billion and generates $270.31 million in revenue each year. The company earns $135.42 million in net income (profit) each year or $2.21 on an earnings per share basis.

Safehold's mailing address is 1114 AVENUE OF THE AMERICAS 39TH FLOOR, NEW YORK NY, 10036. The official website for the company is www.safeholdinc.com. The company can be reached via phone at (212) 930-9400 or via email at investors@safeholdinc.com.