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Safehold (SAFE)
NYSE:SAFE
Safehold (SAFE) Stock Price & Analysis
288 Followers
SAFE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.62 - $24.81
Previous Close$20.92
Volume404.45K
Average Volume (3M)325.18K
Market Cap
$1.49B
Enterprise Value$5.61B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.05B
Price to Earnings (P/E)―
Beta1.85
Next Earnings
Jul 30, 2024EPS Estimate
$0.36Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.38%
Share Statistics
EPS (TTM)-0.45
Shares Outstanding71,435,142
10 Day Avg. Volume368,149
30 Day Avg. Volume325,184
Standard Deviation0.17
R-Squared0.06
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.67
Price to Sales (P/S)13.14
Price to Cash Flow (P/CF)14.70
P/FCF Ratio4.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue28.67
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$27.00Price Target Upside25.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Safehold News
PremiumCompany Announcements
Safehold Launches $750M Commercial Paper Program
PremiumCompany Announcements
Safehold Shareholders Approve Incentive Plan Expansion and Governance
PremiumPress Releases
Star Holdings Reports First Quarter 2024 Results
Bulls Say, Bears Say
Bulls Say
Corporate Structure And GovernanceThe company has made great strides in simplifying the corporate structure, strengthening the balance sheet, and has sourced several deals that continue to diversify revenues.
Earnings PerformanceBottom-line results came in ahead of expectations, while the company feels optimistic that deal activity will materialize as conditions within the financing markets improve.
Revenue DiversificationManagement continues to diversify revenues, with emphasis on the multi-family sector, offering predictable and compounding income over the long term.
Bears Say
Real Estate ValuationEstimated unrealized capital appreciation of real estate housed on the ground lease declined to $9.1B, representing a $700M Q/Q 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.
Valuation And DividendSAFE's valuation looks expensive on a cash flow multiples basis, and the dividend is on the low side (and is not currently covered).
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Ownership Overview
29.91% Insiders
16.13% Mutual Funds
46.56% Other Institutional Investors
7.40% 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 $14.62 and its highest was $24.81 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 Jul 30, 2024 which is in 12 days.
How were Safehold’s earnings last quarter?
Safehold released its earnings results on May 06, 2024. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.395 by $0.035.
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 3.38%. See more information on Safehold dividends here
What is Safehold’s EPS estimate?
Safehold’s EPS estimate is $0.36.
How many shares outstanding does Safehold have?
Safehold has 71,435,140 shares outstanding.
What happened to Safehold’s price movement after its last earnings report?
Safehold reported an EPS of $0.43 in its last earnings report, beating expectations of $0.395. Following the earnings report the stock price went up 3.755%.
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 24M.
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Safehold Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$27.00 (25.35% Upside)
$27.00 (25.35% Upside)
Blogger Sentiment
Bullish
SAFE Sentiment 85%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 95.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.94%
12-Months-Change
Fundamentals
Return on Equity
-1.30%
Trailing 12-Months
Asset Growth
6.09%
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
Q1 2024
0:00 / 0:00
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SAFE Stock 12 Month Forecast
Average Price Target
$27.00
▲(25.35% Upside)
Technical Analysis
Best Analysts Covering SAFE
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+8.88%
reiterated a buy rating 21 days ago
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