Safehold (SAFE)
NYSE:SAFE
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SAFE Stock Chart & Stats
$15.48
-$0.54(-3.18%)
At close: 4:00 PM EST
$15.48
-$0.54(-3.18%)
Day’s Range― - ―
52-Week Range$12.76 - $17.16
Previous CloseN/A
Volume255.62K
Average Volume (3M)353.11K
Market Cap
$1.04B
Enterprise Value$5.82B
Total Cash (Recent Filing)$28.12M
Total Debt (Recent Filing)$4.76B
Price to Earnings (P/E)8.4
Beta0.56
Next Earnings
Aug 04, 2026EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend Yield5.13%
Share Statistics
EPS (TTM)1.59
Shares Outstanding71,610,000
10 Day Avg. Volume456,875
30 Day Avg. Volume353,112
Financial Highlights & Ratios
PEG Ratio1.06
Price to Book (P/B)0.41
Price to Sales (P/S)2.55
P/FCF Ratio20.53
Enterprise Value/Market Cap5.61
Enterprise Value/Revenue14.82
Enterprise Value/Gross Profit15.20
Enterprise Value/Ebitda17.36
Forecast
1Y Price Target
$18.83Price Target Upside21.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)1.69
Revenue Forecast (FY)$403.97M
Bulls Say, Bears Say
Bulls Say
Predictable Contractual Cash Flows From Long-term Triple-net Ground LeasesSafehold’s core business collects long-duration, typically triple-net ground rent with built-in escalators and inflation linkages. That contractual structure limits operating expense volatility, supports stable net rental margins and durable cash yields, making cashflow planning and debt servicing more reliable over the next several quarters.
Large, Growing Portfolio With Substantial Unrealized Capital AppreciationScale and rising unrealized capital appreciation (UCA) enhance Safehold’s structural advantage: a broader pipeline, diversified asset types, and embedded residual value provide upside to economic yields and increase optionality for monetization or securitization efforts over a multi-quarter horizon.
Improved Credit Profile And Strengthened LiquidityUpgraded ratings and a $400M unsecured term loan materially lower funding costs and near-term refinancing risk. Combined with ~$1.2B of liquidity, this enhances Safehold’s capacity to originate deals, fund growth, and pursue selective buybacks while maintaining leverage discipline across the next several quarters.
Bears Say
Elevated And Rising LeverageLeverage approaching ~2.0x increases sensitivity to interest rates, funding market dislocations, and valuation changes. Higher debt levels constrain financial flexibility, raise refinancing exposure for incremental acquisitions, and make earnings and equity returns more volatile over the next 2–6 months if originations or markets stall.
Uneven Cash Generation And Weak Earnings-to-FCF ConversionInconsistent conversion of earnings to free cash flow reduces the certainty of internal funding for originations, debt paydowns, or shareholder returns. Volatility in FCF can force reliance on capital markets or debt, increasing execution risk and costs when management needs liquidity for growth or contingent events.
Origination Concentration And Execution Friction (California Heavy)Heavy concentration in one state raises geographic and regulatory exposure: localized downturns or policy shifts could disproportionately impair new originations. The friction and time required to scale affordable-housing origination platforms into other states slows diversification and revenue resilience over coming quarters.
Safehold News
SAFE FAQ
What was Safehold’s price range in the past 12 months?
Safehold lowest stock price was $12.76 and its highest was $17.16 in the past 12 months.
What is Safehold’s market cap?
Safehold’s market cap is $1.04B.
When is Safehold’s upcoming earnings report date?
Safehold’s upcoming earnings report date is Aug 04, 2026 which is in 89 days.
How were Safehold’s earnings last quarter?
Safehold released its earnings results on Apr 30, 2026. The company reported $0.4 earnings per share for the quarter, missing the consensus estimate of $0.436 by -$0.036.
Is Safehold overvalued?
According to Wall Street analysts Safehold’s price is currently Undervalued.
Does Safehold pay dividends?
Safehold pays a Quarterly dividend of $0.177 which represents an annual dividend yield of 5.13%. See more information on Safehold dividends here
What is Safehold’s EPS estimate?
Safehold’s EPS estimate is 0.42.
How many shares outstanding does Safehold have?
Safehold has 71,610,000 shares outstanding.
What happened to Safehold’s price movement after its last earnings report?
Safehold reported an EPS of $0.4 in its last earnings report, missing expectations of $0.436. Following the earnings report the stock price went down -7.241%.
Which hedge fund is a major shareholder of Safehold?
Currently, no hedge funds are holding shares in SAFE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Safehold Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.83 (21.66% Upside)
$18.83 (21.66% Upside)
Blogger Sentiment
Bullish
SAFE Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 3.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.30%
12-Months-Change
Fundamentals
Return on Equity
4.75%
Trailing 12-Months
Asset Growth
6.53%
Trailing 12-Months
Company Description
Safehold
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders.
SAFE Company Deck
SAFE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple positive developments—credit rating upgrades to single-A, improved liquidity ($1.2B), a $400M unsecured term loan that reduced near-term refinancing risk, steady portfolio growth (portfolio $7.1B, UCA $9.3B, 21x growth since IPO), and YoY EPS improvement (Q4 ex-items +15%, FY ex-items +5%). Management also laid out strategic initiatives (affordable housing expansion, one-stop capital solutions, buybacks) and highlighted attractive economic yield upside (5.9% economic yield, 7.3% after Carat uplift). Key challenges included an unrecognized Carat valuation that requires market conditions to monetize, concentration of originations in California, ongoing Park Hotels litigation (court date 2027, ~$7M cost), a decline in management fee revenue, and contingent buyback execution tied to leverage and market timing. Overall, the positive operational and capital-markets progress and multiple credit and liquidity wins outweigh the outstanding uncertainties and contingent costs.View all SAFE earnings summariesSAFE Stock 12 Month Forecast
Average Price Target
$18.83
▲(21.66% Upside)
Technical Analysis
Ownership Overview
4.02% Insiders
18.04% Mutual Funds
0.79% Other Institutional Investors
55.26% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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