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Safehold (SAFE)
NYSE:SAFE
Holding SAFE?
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SAFE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.35 - $28.80
Previous Close$23.01
Volume186.31K
Average Volume (3M)341.54K
Market Cap
$1.64B
Enterprise Value$5.90B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.19B
Price to Earnings (P/E)―
Beta1.60
Next Earnings
Oct 28, 2024EPS Estimate
$0.37Last Dividend Ex-Date
Sep 30, 2024Dividend Yield3.08%
Share Statistics
EPS (TTM)-0.38
Shares Outstanding71,435,951
10 Day Avg. Volume272,368
30 Day Avg. Volume341,541
Standard Deviation0.13
R-Squared0.13
Alpha-0.00369
Financial Highlights & Ratios
Price to Book (P/B)0.71
Price to Sales (P/S)4.42
Price to Cash Flow (P/CF)16.60
P/FCF Ratio5.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue40.66
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$31.00Price Target Upside34.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Safehold News
PremiumCompany Announcements
Safehold Inc. Reports Strong Earnings and Growth
PremiumCompany Announcements
Safehold Reports Strong Q3 2024 Financial Performance
Bulls Say, Bears Say
Bulls Say
CompetitionThe company is the sole ground lease-focused buyer in the public REIT markets, with no meaningful organized competition.
Financial PerformanceCost rationalization efforts have benefited bottom-line earnings, while the deal pipeline appears to be materializing to more normalized levels.
Interest RatesSafehold Inc. benefits from an improving interest rate outlook, with increasing expectations of rate cuts that should lower the company’s cost of capital and stimulate deployment.
Bears Say
EarningsQuarterly earnings run rate should still be close to the $0.36 per share that is currently modeled.
Real Estate ValuationEstimated unrealized capital appreciation of real estate housed on the ground lease declined to $9.1 billion, representing a $700 million quarter-over-quarter decline.
Sector ExposureOver 40% of the portfolio continues to be exposed to the office sector, responsible for the bulk of the change in unrealized appreciation.
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Ownership Overview
3.69% Insiders
16.83% Mutual Funds
0.83% Other Institutional Investors
56.72% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SAFE FAQ
What was Safehold’s price range in the past 12 months?
Safehold lowest stock price was $15.35 and its highest was $28.80 in the past 12 months.
What is Safehold’s market cap?
Currently, no data Available
When is Safehold’s upcoming earnings report date?
Safehold’s upcoming earnings report date is Oct 28, 2024 which is 13 days ago.
How were Safehold’s earnings last quarter?
Safehold released its earnings results on Jul 29, 2024. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.361 by $0.049.
Is Safehold overvalued?
According to Wall Street analysts Safehold’s price is currently Undervalued.
Does Safehold pay dividends?
Safehold pays a Thriceyearly dividend of $0.18 which represents an annual dividend yield of 3.08%. See more information on Safehold dividends here
What is Safehold’s EPS estimate?
Safehold’s EPS estimate is $0.37.
How many shares outstanding does Safehold have?
Safehold has 71,435,950 shares outstanding.
What happened to Safehold’s price movement after its last earnings report?
Safehold reported an EPS of $0.41 in its last earnings report, beating expectations of $0.361. Following the earnings report the stock price went up 2.358%.
Which hedge fund is a major shareholder of Safehold?
Among the largest hedge funds holding Safehold’s share is AEW Capital Management, L.P.. It holds Safehold’s shares valued at 23M.
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Safehold Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Strong Buy
Average Price Target:
$31.00 (34.72% Upside)
$31.00 (34.72% Upside)
Blogger Sentiment
Bullish
SAFE Sentiment 75%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 112.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.30%
12-Months-Change
Fundamentals
Return on Equity
-0.95%
Trailing 12-Months
Asset Growth
5.45%
Trailing 12-Months
Company Description
Safehold
iStar, Inc. is a real estate investment trust company, which engages in financing, investing, and development of real estate and related projects. It operates through the following business segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate/Others. The Real Estate Finance segment includes all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment comprises activities of the company and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment focuses in the activities and operations related to its commercial and residential properties. The Land and Development segment refers to the developable land portfolio of the company. The Corporate/Other segment represents all the corporate level and unallocated items, joint venture, and strategic investments which are not included in the other reportable segments. The company was founded by Jay Sugarman in 1993 and is headquartered in New York, NY.
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SAFE Company Deck
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SAFE Earnings Call
Q2 2024
0:00 / 0:00
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SAFE Stock 12 Month Forecast
Average Price Target
$31.00
▲(34.72% Upside)
Technical Analysis
Best Analysts Covering SAFE
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+14.75%
assigned a buy rating 3 months ago
Copying Mitchell Germain's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +14.75% per trade.
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