Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Safehold ( (SAFE) ) has issued an update.
On April 30, 2026, Safehold Inc. reported first-quarter 2026 results, posting revenue of $110.9 million and net income attributable to common shareholders of $28.9 million, or $0.40 per share. The company closed $68 million of new originations, including three ground leases totaling $54 million and one leasehold loan of $14 million, and highlighted non-binding letters of intent of about $255 million.
Safehold also reported that its Estimated Unrealized Capital Appreciation rose to $9.5 billion, underscoring continued growth in the value embedded in its portfolio. Management described the quarter as solid, citing investment activity, expansion of its pipeline and its first LIHTC-related closing in Texas as evidence that the ground lease model is gaining traction, with implications for ongoing portfolio expansion and shareholder value creation.
The most recent analyst rating on (SAFE) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Safehold stock, see the SAFE Stock Forecast page.
Spark’s Take on SAFE Stock
According to Spark, TipRanks’ AI Analyst, SAFE is a Outperform.
The score is driven most by mixed financial quality—strong growth and profitability but elevated/rising leverage and inconsistent cash-flow conversion. Technicals are supportive with a clear uptrend and positive momentum, while valuation is favorable (low P/E and strong dividend). Earnings-call commentary adds a modest positive tilt from credit/liquidity improvements and growth priorities, balanced by execution and concentration risks and contingent catalysts (Carat monetization and buybacks).
To see Spark’s full report on SAFE stock, click here.
More about Safehold
Safehold Inc., listed on the NYSE as SAFE, is a real estate investment trust focused on modern ground leases that separate land ownership from building ownership. Founded in 2017 to create this niche, it helps owners of high-quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties unlock land value and seek higher returns with less risk.
The company aims to deliver safe, growing income and long-term capital appreciation to shareholders by structuring ground leases and related leasehold financing. Operating across multiple property types and markets, Safehold positions itself as a pioneer in the ground lease sector and targets institutional-quality assets through its specialized platform.
Average Trading Volume: 350,515
Technical Sentiment Signal: Sell
Current Market Cap: $1.14B
See more insights into SAFE stock on TipRanks’ Stock Analysis page.