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
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 Ratio95.22
Forward P/E Ratio15.04
P/E GrowthN/A
Sales & Book Value
Annual Sales$23.23 million
Price / Sales13.22
Cash Flow$0.3913 per share
Price / Cash43.06
Book Value$19.57 per share
Price / Book0.86
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,820,000.00
Net Margins9.26%
Return on Equity0.93%
Return on Assets0.47%
Miscellaneous
EmployeesN/A
Outstanding Shares18,230,000
Market Cap$312.46 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 Thursday, June 14th. Investors of record on Friday, June 29th will be given a dividend of $0.15 per share on Friday, July 13th. This represents a $0.60 annualized dividend and a yield of 3.56%. 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 quarterly earnings results on Thursday, July, 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.07. The company earned $11.57 million during the quarter, compared to analysts' expectations 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 analysts have issued 12 month target prices 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 $19.4750 in the next twelve months. This suggests a possible upside of 15.6% 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 Kinsale Capital Group (KNSL), City (CHCO), Lakeland Financial (LKFN), Tompkins Financial (TMP), Apollo Investment (AINV), United Fire Group (UFCS), National Bank (NBHC), Encore Capital Group (ECPG), Southside Bancshares (SBSI), First Bancorp (FBNC), Curo Group (CURO), PJT Partners (PJT), Wisdom Tree Investments (WETF), Amerisafe (AMSF) and TIER REIT (TIER).
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 $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?
Press coverage about SAFE stock has been trending somewhat positive recently, Accern reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Safety Income & Growth earned a news impact score of 0.23 on Accern's scale. They also assigned media coverage about the company an impact score of 48.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Safety Income & Growth.
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 FMR LLC (4.76%), BlackRock Inc. (2.52%), V3 Capital Management L.P. (1.66%), Foundry Partners LLC (1.65%), Addison Capital Co (1.37%) and Apollo Management Holdings L.P. (1.07%). 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 FMR LLC, Apollo Management Holdings L.P., V3 Capital Management L.P., Macquarie Group Ltd., BlackRock Inc., Tower Research Capital LLC TRC , Strs Ohio and Schwab Charles Investment Management Inc.. 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 Foundry Partners LLC, Bank of America Corp DE, Acadian Asset Management LLC, Paloma Partners Management Co and Addison Capital Co. 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 $16.85.
How big of a company is Safety Income & Growth?
Safety Income & Growth has a market capitalization of $312.46 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 (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.
