Safehold - SAFE Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safehold in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SAFE shares.
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4 brokers have issued 1-year price targets for Safehold's stock. Their SAFE share price forecasts range from $33.00 to $85.00. On average, they expect the company's stock price to reach $55.50 in the next year. This suggests a possible upside of 59.6% 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 increased by 21.5% and is now trading at $34.77.
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Safehold saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,050,000 shares, a drop of 31.6% from the December 31st total of 4,460,000 shares. Based on an average daily volume of 290,200 shares, the days-to-cover ratio is presently 10.5 days. Currently, 12.9% of the company's shares are short sold.
View Safehold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our SAFE earnings forecast.

Safehold will be holding an earnings conference call on Tuesday, February 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "47581".

Safehold Inc. (NYSE:SAFE) posted its quarterly earnings data on Thursday, October, 21st. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.35 by $0.03. The firm had revenue of $47.28 million for the quarter, compared to the consensus estimate of $47.12 million. Safehold had a net margin of 54.19% and a trailing twelve-month return on equity of 4.80%. During the same period in the previous year, the firm earned $0.28 earnings per share.

Safehold declared a quarterly dividend on Thursday, December 15th. Investors of record on Friday, December 30th will be given a dividend of $0.177 per share on Friday, January 13th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for SAFE.

Safehold (NYSE:SAFE) pays an annual dividend of $0.71 per share and currently has a dividend yield of 1.99%. 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 31.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SAFE will have a dividend payout ratio of 46.41% 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 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 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 a number of retail and institutional investors. Top institutional shareholders include Mesirow Institutional Investment Management Inc. (0.64%), National Bank of Canada FI (0.13%), Strs Ohio (0.13%), Farmers & Merchants Investments Inc. (0.13%), Private Management Group Inc. (0.08%) and Douglas Lane & Associates LLC (0.06%). Insiders that own company stock include Dean S Adler and Istar Inc.
View institutional ownership trends.

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 $34.77.

Safehold (NYSE:SAFE) has a market capitalization of $2.17 billion and generates $187.01 million in revenue each year. The company earns $73.12 million in net income (profit) each year or $2.24 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.