SAFE Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Safehold Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.60 |
| 52 Week High | US$57.66 |
| 52 Week Low | US$23.65 |
| Beta | 0.66 |
| 1 Month Change | -7.82% |
| 3 Month Change | -0.47% |
| 1 Year Change | -47.10% |
| 3 Year Change | -48.17% |
| 5 Year Change | 86.40% |
| Change since IPO | 55.79% |
Recent News & Updates
Safehold And iStar: If You Liked 2022, You Will Love 2023
Feb 21Safehold Q4 2022 Earnings Preview
Feb 13iStar loses bull rating at RayJay in wake of Safehold merger
Jan 31Recent updates
Safehold And iStar: If You Liked 2022, You Will Love 2023
Feb 21Safehold Q4 2022 Earnings Preview
Feb 13iStar loses bull rating at RayJay in wake of Safehold merger
Jan 31iStar Preferred Stocks: An Estimated 20% Yield To The Merger Close
Jan 22Safehold announces $500M revolving credit facility
Jan 09Safehold declares $0.177 dividend
Dec 15Safehold GAAP EPS of $1.06 beats by $0.68, revenue of $71.7M beats by $2.89M
Nov 01Safehold: As Safe As Houses With A 2.7% Dividend
Oct 25Safehold: Earnings Contraction In 2023 Should Be The Final Nail
Sep 19Here's Why We Think Safehold (NYSE:SAFE) Is Well Worth Watching
Sep 10
iStar And Safehold Seek Simplicity
Aug 18Safehold: I'm Doubling Down On This 'Safe' Bet
Aug 10Safehold GAAP EPS of $0.37 misses by $0.03, revenue of $64.9M misses by $0.69M
Aug 03Safehold: Why Buy A CD When You Can Buy Ground Leases
Jul 28Safehold: Enormous Upside Despite The Carnage
May 17If You Like EPS Growth Then Check Out Safehold (NYSE:SAFE) Before It's Too Late
May 11iStar And Safehold: Undervalued Parent, Overvalued Daughter
Apr 08Safehold CEO Jay Sugarman - Reinventing The Ground Lease
Jan 27Safehold Is Misunderstood And Underappreciated
Jan 12Safehold: A Quintessential Cash Cow
Oct 09Safehold: Long Way Down To Normal Valuations
Sep 27With EPS Growth And More, Safehold (NYSE:SAFE) Is Interesting
Sep 24Safehold raises dividend by ~5%
Jun 14Here's Why I Think Safehold (NYSE:SAFE) Might Deserve Your Attention Today
Jun 10Safehold: Forget Crypto, Play It Safe
Jun 01Did You Participate In Any Of Safehold's (NYSE:SAFE) Incredible 372% Return?
Mar 15Does Safehold (NYSE:SAFE) Deserve A Spot On Your Watchlist?
Feb 08Safehold: What Makes This REIT So Special
Jan 08Is Safehold Inc.'s (NYSE:SAFE) 4.4% ROE Strong Compared To Its Industry?
Jan 04
Safehold declares $0.1622 dividend
Dec 18Safehold (NYSE:SAFE) Has Gifted Shareholders With A Fantastic 296% Total Return On Their Investment
Nov 30Safehold (SAFE) Presents At NAREIT REITworld 2020 Annual Virtual Conference- Slideshow
Nov 20Safehold prices upsized public offering at $61, raises $65M in private placement
Nov 11Shareholder Returns
| SAFE | US Specialized REITs | US Market | |
|---|---|---|---|
| 7D | 1.8% | 0% | 0% |
| 1Y | -47.1% | 0% | 0% |
Return vs Industry: Insufficient data to determine how SAFE performed against the US industry.
Return vs Market: SAFE underperformed the US Market which returned -12.8% over the past year.
Price Volatility
| SAFE volatility | |
|---|---|
| SAFE Average Weekly Movement | 5.2% |
| Specialized REITs Industry Average Movement | 0% |
| Market Average Movement | 0% |
| 10% most volatile stocks in US Market | 0% |
| 10% least volatile stocks in US Market | 0% |
Stable Share Price: SAFE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SAFE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Jay Sugarman | https://www.safeholdinc.com |
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.
Safehold Inc. Fundamentals Summary
| SAFE fundamental statistics | |
|---|---|
| Market Cap | US$1.85b |
| Earnings (TTM) | US$135.42m |
| Revenue (TTM) | US$279.37m |
13.6x
P/E Ratio6.6x
P/S RatioIs SAFE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SAFE income statement (TTM) | |
|---|---|
| Revenue | US$279.37m |
| Cost of Revenue | US$3.11m |
| Gross Profit | US$276.26m |
| Other Expenses | US$140.84m |
| Earnings | US$135.42m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.17 |
| Gross Margin | 98.89% |
| Net Profit Margin | 48.47% |
| Debt/Equity Ratio | 162.7% |
How did SAFE perform over the long term?
See historical performance and comparison