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SAFE

Safehold Inc.

SAFE

NYSE·Real Estate·REIT - Diversified·Mkt cap $1.1B

$15.12

+0.40%

P/E

9.33

Mkt Cap

$1.1B

52-Wk Range

$12.76–$17.45

52-Week Range

$12.76 - $17.45

P/E

9.33

Fwd P/E

9.29

Beta

1.79

Div Yield

4.68%

Avg Vol

328.6K

Shares Out

71.8M

Mkt Cap

$1.1B

Price action

Price chart

Down 7.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary ground lease structuring expertise and iStar relationship
  • Access to institutional-quality real estate assets in prime markets
  • Long-duration, inflation-protected cash flows with built-in rent escalations
  • REIT tax structure enabling tax-efficient capital returns to shareholders

Bear Case

1 risk

  • Above-average volatility (beta 1.8).

Growth

Stable outlook

Increasing adoption of ground leases as alternative to traditional financing

Value

Deep value opportunity - significant discount to Industrial REITs peers

Momentum

Stable

-2.3% over 3m

Quality

Excellent

Excellent business quality

Dividend

Solid

4.68% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $0.42 vs $0.42 consensus (+0.9% surprise). Revenue of $114.6M vs $110.8M expected (+3.5%). Beat on both top and bottom lines.

EPS beat +0.9%
Rev beat +3.5%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+0.9%

Revenue trend · last 8Q

-11%

+5%

+4%

+6%

+7%

+7%

+22%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$90.7M

$91.9M

$97.7M

$93.8M

$96.2M

$97.9M

$104.7M

$114.6M

Margins · last 8Q

Gross

87.2%

Operating

24.6%

Profit

26.3%

Wall Street consensus

4 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

25%

Hold

3

75%

Sell

0%

Median Price Target

Latest: Cantor Fitzgerald · Aug 4, 2026

vs Industry

How SAFE stacks vs REIT - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.