Safehold Inc. SAFE

12.26 (0.12) (0.97%) as of 25 Sep
Market cap
$876.7M
P/E
7.6×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 0.14
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — 1
Insider Ownership 31.99%

Capital & Financial Ratios

Market Cap 876.71
Revenue 419.53
Net Income 116.87
Free Cash Flow (139.59)
Net Debt 953.04
Current Ratio 34.36
Debt/Equity 1.77
P/E ratio 7.57
P/S ratio 2.09
P/B ratio 0.33
Past 5Y EPS Growth (42.37%)
This Y EPS Growth (1.37%)
Next Y EPS Growth 4.34%
Next 5Y EPS Growth 0.21%
in millions of $

Dividends

Payout Ratio 7.14
Annual Dividend Rate 0.50
Annual Dividend Yield 3.44%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.71
0.18
0.18
0.18
2025 0.71
0.18
0.18
0.18
0.18
2024 0.71
0.18
0.18
0.18
0.18
2023 1.64
1.11
0.18
0.18
0.18
2022 3.22
0.78
0.18
0.17
0.78
0.18
0.78
0.18
0.18
2021 3.91
0.69
0.13
0.16
0.78
0.17
0.08
0.78
0.17
0.78
0.17
2020 3.66
0.16
0.63
0.12
0.16
0.69
0.16
0.06
0.69
0.16
0.69
0.16
2019 3.07
0.56
0.11
0.15
0.63
0.16
0.06
0.63
0.16
0.63
2018 1.87
0.10
0.15
0.15
0.05
0.56
0.15
0.56
0.15
2017 0.43
0.08
0.04
0.16
0.15
2016 0.10
0.07
0.04
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 3,302 3,472 3,594 3,701
Receivables 1,622 1,833 2,050 2,196
Inventory — — — —
Other — — — —
4,924 5,305 5,644 5,897
2023 2024 2025 Q'26
Payables 135 145 161 172
ST’ Debt — — — —
Other — — — —
135 145 161 172
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (2.49%) 3.53% 12.57%
Cash Flow 0.00% 16.92% (9.66%)
Earnings 0.00% 0.00% (5.45%)
Book Value 8.28% 18.05% 4.38%

Revenue

Mar Jun Sep Dec Year
’26 111 115 — — —
’25 98 94 96 98 386
’24 93 90 91 92 366
’23 78 86 86 103 353
’22 60 65 72 73 270
’21 60 54 144 51 187
’20 173 96 115 92 324
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (9) 35 — — —
’25 9 28 (1) 12 48
’24 (3) 25 8 8 38
’23 (7) (3) 2 23 15
’22 25 22 5 13 65
’21 (4) (41) 40 32 27
’20 (21) 11 4 28 22
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (9) (150) — — —
’25 9 (53) 83 12 48
’24 (3) 25 13 8 38
’23 (7) (3) 3 8 2
’22 33 49 40 50 102
’21 22 (18) 124 51 179
’20 37 25 0 64 126
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.40 0.42 — — —
’25 0.41 0.39 0.41 0.39 1.59
’24 0.43 0.42 0.27 0.36 1.48
’23 0.07 0.35 (1.81) 0.58 (0.82)
’22 0.42 0.36 0.88 0.35 2.32
’21 (0.06) (1.69) 9.44 0.69 1.33
’20 (1.75) (1.94) (0.19) (1.62) (5.44)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.6
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
36.95 53.30 43.27 38.16 26.67 69.85 40.26 15.00 17.91 12.76

Analyst estimates 2026–2028

Powerpack
Low Price
62.45 62.01 55.88 71.07 85.18 135.08 130.01 60.94 28.80 19.53
High Price
193 186 166 155 143 144 118 86 74 72
Employees
2 4 5 2 2 1 2 4 5 5
Revenue/Emp
455 679 798 274 324 187 270 353 366 386
Revenue
56.17% 51.63% 38.67% 35.15% 30.94% 98.58% 98.85% 98.68% 98.84% 98.77%
Gross Margin
72 51 (18) (155) (116) 73 145 (53) 110 118
EBT
15.76% 7.49% (2.19%) (56.71%) (35.86%) 39.23% 53.52% (14.99%) 30.10% 30.49%
EBT Margin
100 180 (18) 334 (31) 73 145 (55) 107 115
Net Income
(7) 8 33 30 41 16 17 165 20 19
Depreciation
38.73 59.77 73.40 26.44 26.76 3.38 4.33 5.29 5.12 5.38
Revenue/Sh
3.75 9.75 (5.94) 28.19 (5.44) 1.33 2.32 (0.82) 1.48 1.59
Earnings/Sh
2.51 8.94 (2.22) (4.41) 1.81 0.49 1.04 0.23 0.53 0.67
Cash Flow/Sh
(10.01) 3.13 3.16 (4.11) 8.61 2.75 0.59 (0.20) 0.00 0.00
Capex/Sh
(7.50) 12.07 0.94 (8.52) 10.42 3.24 1.63 0.03 0.53 0.67
Free CF/Sh
90.17 80.46 97.87 119.59 87.90 19.24 34.39 34.14 33.26 34.03
Book Value/Sh
12 11 11 10 12 55 62 67 71 72
Shares
15.27 5.76 0.00 2.47 0.00 13.06 24.19 0.00 12.49 8.56
PE Ratio
1.55 0.92 0.61 2.67 1.79 4.52 11.19 4.48 3.61 2.55
PS Ratio
0.67 0.68 0.46 0.59 0.80 1.31 1.41 0.69 0.56 0.40
PB Ratio
8.63 5.22 3.99 14.05 7.06 11.75 12.55 6.62 5.92 5.12
EV/Sales
(44.56) 25.86 310.75 (43.61) 26.70 20.27 19.71 31.65 32.39 47.62
EV/FCF
29 102 (24) (46) 22 27 65 15 38 48
Op' Cash Flow
(118) 36 34 (43) 104 152 37 (13) — —
Capex
(88) 137 10 (88) 126 179 102 2 38 48
FCF
1,579 1,732 1,614 721 597 438 4,429 4,790 5,160 5,483
Working Cap'
3,549 3,579 3,632 3,423 2,612 2,572 3,521 4,054 4,317 4,586
Total Debt
3,220 2,921 2,700 3,116 2,513 2,233 366 752 845 991
Net Debt
1,060 914 1,064 1,238 1,064 1,063 2,146 2,277 2,374 2,440
Sh' Equity
0.84% 2.32% (1.33%) 5.77% (1.33%) 1.51% 2.53% (0.89%) 1.57% 1.62%
ROA
1.75% 3.30% 2.62% (0.23%) (0.29%) 2.77% 5.45% 5.50% 5.57% 5.67%
ROIC
4.07% 11.24% (6.55%) 25.33% (5.73%) 6.87% 8.44% (2.49%) 4.55% 4.76%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Safehold Inc. (SAFE) key facts

  • Safehold Inc. (SAFE) is a Reit Diversified company in the Real Estate sector, listed on the New York Stock Exchange.
  • Safehold Inc.’s revenue for fiscal 2025 (year ended December 2025) was $385.6 million, up 5.43% from fiscal 2024.
  • As of September 25, 2026, SAFE traded at $12.26, a market capitalization of $876.7 million.
  • Safehold Inc. pays an annual dividend of $0.50 per share, a yield of 3.44%.
  • Return on equity was 4.76% and debt-to-equity 1.77.

Source: company filings (standardised) and stockrow calculations.

Safehold Inc. (SAFE) Latest News

News by impact score

Fine-tune

9 Aug

3

Safehold Inc. posted strong Q2 results and completed a buyback, prompting questions on whether these factors alter the positive investment outlook for the stock. Strong quarterly results plus completed buyback deliver moderate positive effects on Safehold financial outlook and investor views.

31 Jul

3 transcript

Safehold Inc. (SAFE) discussed Q2 financial results, revenue trends, portfolio updates, growth initiatives and market outlook during its earnings call. Q2 earnings details provide operational and financial updates likely to influence near-term sentiment without major strategic shifts.

30 Jul

3

Safehold Inc. (SAFE) released its second quarter 2026 financial results. Quarterly results update financial performance and can shift investor sentiment on operations.

15 Jun

3

Safehold closes $225 million private placement of structured senior unsecured notes due 2056. Long-term debt issuance of this size alters Safehold's capital structure and liquidity but does not transform operations or strategy.

11 Jun

4

Safehold Inc. forms joint venture with Brookfield to build diversified ground lease portfolio. Joint venture expands Safehold ground lease scale and diversification.

8 May

4

Star Holdings reported its first quarter 2026 financial results. Quarterly earnings reports typically drive significant short-term market reactions and influence future performance expectations for Safehold Inc.

6 May

3

Safehold (SAFE) shares dropped 8.4% after legal uncertainty prompted an analyst downgrade, overshadowing gains from share buybacks and property sales. Legal uncertainty triggered a downgrade and 8.4% stock drop, moderately impacting financial performance and sentiment despite buyback and sales positives.

5 May

3

Analyst views diverge on Safehold Inc. (SAFE) ground lease growth potential, leading to varied assessments of its valuation amid debates on expansion prospects. Diverging analyst opinions on core ground lease growth directly influence valuation perceptions and investor sentiment without fundamentally reshaping operations.

2 May

3

Safehold Inc. (SAFE) Q1 earnings call highlighted revenue growth, improved occupancy rates, new ground lease acquisitions, cost management efforts, and reaffirmed full-year guidance amid stable market conditions. Q1 financial results and operational updates moderately influence short-term performance and investor sentiment without major strategic shifts.

1 May

4

Safehold Inc. (SAFE) Q1 2026 earnings call highlights strong portfolio growth despite ongoing legal challenges. Strong portfolio growth signals significant positive impact on financial performance and investor sentiment, tempered by legal issues.

30 Apr

4

Safehold Inc. (SAFE) Q1 earnings highlight key metrics compared to Wall Street estimates, detailing revenue, EPS, and other figures against analyst forecasts. Q1 earnings metrics versus estimates can significantly impact stock price, investor sentiment, and future performance trajectory.

4

Safehold Inc. (SAFE) reported first quarter 2026 results. Quarterly earnings reports significantly affect financial performance and investor sentiment.

10 Apr

4

Wall Street analysts forecast a 34.55% upside for Safehold Inc. (SAFE) stock, urging investors to review details before betting. Analyst consensus targets 34.55% upside, signaling major potential boost to investor sentiment and stock trajectory.

24 Mar

4

Safehold Inc. (SAFE) closed its latest ground lease deal for an affordable housing project in Austin, prompting an assessment of its strategic implications and future outlook. The Austin affordable housing ground lease deal marks a significant strategic advancement in Safehold's core ground lease business, likely boosting revenue and investor sentiment.

10 Mar

4

Safehold Inc. (SAFE) closed its 20th affordable housing ground lease, marking the first in Texas. Closing the 20th affordable housing ground lease and entering the Texas market expands Safehold's portfolio and geographic footprint significantly.

17 Feb

4

Star Holdings reported fourth quarter and fiscal year 2025 results. Quarterly and annual earnings disclosures significantly shape Safehold Inc.'s stock trajectory and investor sentiment.

15 Feb

4

Safehold Inc. (SAFE) secures credit rating upgrade and launches share buybacks, positively reshaping its ground lease business narrative amid evolving market dynamics. Credit upgrade lowers borrowing costs and buybacks signal strong management confidence, likely driving significant improvements in valuation and investor sentiment.

4

Safehold Inc. (SAFE) receives A- credit rating upgrade and executes key capital moves, prompting analysis on whether these developments reshape its ground lease investment appeal. A- credit upgrade reduces financing costs and capital moves bolster strategic positioning, likely significantly enhancing Safehold's market performance and investor sentiment.

4

Safehold Inc. (SAFE) beat earnings expectations, received a credit rating upgrade, and announced a new share buyback plan, leading to a reassessment of its valuation. Earnings beat, credit upgrade, and buyback plan collectively signal financial strength and management confidence, poised to drive significant positive market sentiment and stock performance.

13 Feb

4 transcript

Safehold Inc. reported its Q4 earnings, highlighting strong performance metrics and strategic initiatives aimed at enhancing growth. The company emphasized its commitment to expanding its portfolio and improving operational efficiencies. Key financial figures were shared, showcasing revenue growth and positive cash flow, which are expected to bolster investor confidence. Management also discussed future plans and market opportunities, indicating a proactive approach to navigating industry challenges. Significant strategic initiatives and strong financial performance are likely to influence future growth and investor sentiment.

12 Feb

4 transcript

Safehold Inc. (SAFE) reported strong financial results in its Q4 2025 earnings call, highlighting a robust financial position and strategic initiatives aimed at growth. The company emphasized its commitment to expanding its portfolio and enhancing operational efficiencies, which are expected to drive future performance. Management expressed confidence in navigating market challenges and capitalizing on opportunities in the real estate sector. Significant strategic initiatives and a strong financial position are likely to influence future performance and investor sentiment.

4

Wall Street analysts project a potential surge of 28.9% for Safehold Inc. (SAFE), driven by favorable market conditions and strategic initiatives. Investors are encouraged to consider this optimistic outlook before making investment decisions. The company's performance may be influenced by ongoing developments in the real estate sector and its unique business model, which focuses on ground leases. Analysts highlight the importance of monitoring market trends and company announcements that could impact future growth. Analysts' projections indicate significant potential for growth based on market conditions and strategic initiatives.

4 transcript

Safehold Inc. reported its Q4 2025 earnings, highlighting a significant increase in revenue and net income compared to the previous year. The company attributed this growth to strategic acquisitions and an expanding portfolio of ground leases. Management expressed optimism about future opportunities in the real estate market, emphasizing their commitment to sustainable practices. Additionally, Safehold announced plans for further investments to enhance operational efficiency and shareholder value. Overall, the earnings call reflected a positive outlook for the company's trajectory in the coming quarters. Significant revenue growth and strategic acquisitions indicate a strong potential for future performance.

3

Safehold Inc. (SAFE) and ESS Tech, Inc. (ESS) are compared as potential value stocks, focusing on their financial metrics, growth prospects, and market positions. Analysts evaluate key indicators such as price-to-earnings ratios, revenue growth, and overall market trends to determine which company presents a better investment opportunity. The analysis highlights Safehold's unique business model in the ground lease sector and ESS's focus on energy storage solutions, providing insights into their respective strengths and weaknesses in the current market landscape. Both companies are in growing sectors, but their impacts on Safehold's trajectory are expected to be limited.

11 Feb

4 earnings

Safehold Inc. reported its Q4 earnings, highlighting key financial metrics and operational performance. The company demonstrated growth in revenue and net income compared to the previous quarter, driven by strategic investments and an expanding portfolio. Management provided insights into future initiatives aimed at enhancing shareholder value and addressing market challenges. Overall, the earnings report reflects a positive trajectory for Safehold as it navigates the evolving landscape of its industry. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory.

4

Safehold Inc. reported its fourth quarter and fiscal year 2025 results, highlighting significant growth in revenue and net income. The company achieved a notable increase in its portfolio of ground leases, reflecting strong demand in the real estate market. Management expressed optimism about future opportunities and strategic initiatives aimed at expanding their market presence. The results indicate a solid financial position, with improved cash flow and a commitment to shareholder returns through dividends and share repurchases. The reported financial growth and strategic initiatives are likely to significantly impact Safehold's future performance and market positioning.

3

Safehold Inc. (SAFE) reported its Q4 earnings, highlighting key financial metrics that reflect the company's performance and strategic direction. The results indicate growth in revenue and improvements in operational efficiency, contributing to a positive outlook for the upcoming quarters. Analysts are closely monitoring these developments to gauge the company's future trajectory in the market. The earnings report shows moderate growth and operational improvements, which may influence financial performance but are balanced by other market factors.

9 Feb

3

Safehold Inc. (SAFE) is highlighted among five value stocks with attractive EV-to-EBITDA ratios, indicating potential for investment. The article emphasizes the importance of this financial metric in evaluating companies' valuations and suggests that SAFE, along with other selected stocks, may offer appealing opportunities for investors seeking value in the current market environment. The focus on EV-to-EBITDA ratios suggests a moderate influence on investor sentiment and potential financial performance.

1 Feb

3

Safehold Inc. (SAFE) faces valuation concerns following a downgrade by Morgan Stanley, which raised alarms about the company's growth prospects and ongoing litigation issues. Analysts are questioning the sustainability of Safehold's business model amid these challenges, potentially impacting investor sentiment and market performance. Concerns over growth and litigation could moderately influence Safehold's financial performance and market positioning.

31 Jan

4

Morgan Stanley has downgraded its outlook on Safehold Inc. (SAFE) due to concerns over ongoing litigation and potential risks associated with fee income. The firm highlighted that these factors could negatively impact the company's financial performance and market position, prompting a more cautious stance on the stock. Litigation and fee income risks are likely to significantly affect Safehold's future performance and investor sentiment.

stockrow.com/SAFE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com