Safehold Inc. | REIT Profile

Symbol: SAFE
CIK: 1688852
Exchange: NYSE
Founded: 2016 (9 years)
HQ: New York, NY, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Diversified, Specialty
Externally Managed REIT

See SAFE on Yahoo Finance
See SAFE on SEC.gov

Website Logo  Linkedin Logo  RSS Logo 

About Safehold Inc.

Safehold (NYSE: SAFE) strives to capture the value of economic activity in the top U.S. markets through an innovative ground lease platform, allowing its investors access to an ownership stake in a diversified, dynamically growing portfolio of ground leases.


Safehold Inc. Company Logo

Stock Chart

See in Advanced Graph View

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 5.7

Dividend of Trading Day 2025-08-29


Dividend Yield: 4.39%*
Annualized Dividend: $0.708*
Dividend Yield (TTM): 4.3%
Annualized Dividend (TTM): $0.708
Ex-Dividend Date: 2025-06-30
Dividend Date: 2025-07-15
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for Safehold Inc.

Key Stats of Trading Day 2025-08-29


Market Capitalization: $1,156,706,000 [?]
EBITDA: $322,717,000 [?]
P/E (Price-to-Earnings) Ratio: 11.30 [?]
PEG (Price/Earnings to Growth) Ratio: 0.65 [?]
Book Value: 33.08 [?]
Dividend Per Share (DPS): $0.71 [?]
Earnings Per Share (EPS): 1.42 [?]
Revenue Per Share (TTM): $5.50 [?]
Profit Margin: 26.10% [?]
Operating Margin (TTM): 81.10% [?]
Return on Assets (TTM): 2.81% [?]
Return on Equity (TTM): 4.30% [?]
Revenue (TTM): $393,596,000 [?]
Gross Profit (TTM): $389,453,000 [?]
Diluted EPS (TTM): $1.42 [?]
Quarterly Earnings Growth YOY: -6.20% [?]
Quarterly Revenue Growth YOY: 2.50% [?]
Trailing P/E: 11.30 [?]
Forward P/E: 10.42 [?]
Beta: 1.57 [?]
Price-to-Sales Ratio (TTM): 2.94 [?]
Price-to-Book (P/B): 0.49 [?]
Enterprise Value (EV) to Revenue: 14.66 [?]
EV to EBITDA: 17.10x [?]
Shares Outstanding: 71,756,000 [?]
52 Week High: $27.74 [?]
52 Week Low: $13.43 [?]
50 Day Moving Average: $15.16 [?]
200 Day Moving Average: $16.92 [?]

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $25.06 per share you would have been able to buy 39 shares of SAFE on 2024-08-31 costing $977.34 @ $25.06 per share you would have been able to buy 19 shares of SAFE on 2024-08-31 costing $476.14 @ $25.06 per share you would have been able to buy 9 shares of SAFE on 2024-08-31 costing $225.54 @ $25.06 per share you would have been able to buy 3 shares of SAFE on 2024-08-31 costing $75.18 @ $25.06 per share you would have been able to buy 1 shares of SAFE on 2024-08-31 costing $25.06
Current worth On 2025-08-29 these 39 shares would be worth $642.33 @ $16.47 On 2025-08-29 these 19 shares would be worth $312.93 @ $16.47 On 2025-08-29 these 9 shares would be worth $148.23 @ $16.47 On 2025-08-29 these 3 shares would be worth $49.41 @ $16.47 On 2025-08-29 these 1 shares would be worth $16.47 @ $16.47
Dividends earned $27.61 in dividends would have been earned since 2024-08-31 with 39 shares. $13 in dividends would have been earned since 2024-08-31 with 19 shares. $6.37 in dividends would have been earned since 2024-08-31 with 9 shares. $2.12 in dividends would have been earned since 2024-08-31 with 3 shares. $0.71 in dividends would have been earned since 2024-08-31 with 19 shares.
Net (gain / loss)* -307.40 USD -149.76 USD -70.94 USD -23.65 USD -7.88 USD
ROI** -31.45% -31.45% -31.45% -31.45% -31.45%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by SAFE. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
SAFE 2025-06-30 0.177 --- 2025-06-13 2025-06-30 2025-07-15
SAFE 2025-03-31 0.177 --- 2025-03-14 2025-03-31 2025-04-15
SAFE 2024-12-30 0.177 --- 2024-12-13 2024-12-30 2025-01-15
SAFE 2024-09-30 0.177 --- 2024-09-13 2024-09-30 2024-10-15
SAFE 2024-06-28 0.177 --- 2024-06-14 2024-06-28 2024-07-15
SAFE 2024-03-27 0.177 --- 2024-03-15 2024-03-28 2024-04-15
SAFE 2023-12-28 0.177 --- 2023-12-15 2023-12-29 2024-01-16
SAFE 2023-09-28 0.177 --- 2023-09-15 2023-09-29 2023-10-13
SAFE 2023-06-29 0.177 --- 2023-06-15 2023-06-30 2023-07-14
SAFE 2023-03-29 0.177 --- 2023-03-20 2023-03-30 2023-03-30
SAFE 2022-12-29 0.177 --- 2022-12-15 2022-12-30 2023-01-13
SAFE 2022-09-29 0.177 --- 2022-09-19 2022-09-30 2022-10-14

Financial Statements Overview


The next Earnings Report for SAFE is

Balance Sheet | Quarterly


Assets 2025-06-30 2025-03-31 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 13,907,000 17,296,000
  Short-Term Investments 5,187,000 5,894,000
  Cash and Short Term Investments 13,907,000 17,296,000
  Current Net Receivables 225,978,000 2,185,303,000
  Inventory 0 0
  Other Current Assets 0 8,687,000
  Total Current Assets 2,313,819,000 2,217,180,000 4.4%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 3,772,364,000 3,717,911,000
  Investments 0 0
  Intangible Assets Excluding Goodwill 206,782,000 207,350,000
  Goodwill 0 0
  Intangible Assets 206,782,000 207,350,000
  Other Non-Current Assets 0 0
  Total Non-Current Assets 4,749,339,000 4,712,175,000 0.8%
  Total Assets 7,063,158,000 6,929,355,000 1.9%
Liabilities
Current Liabilities
  Current Accounts Payable 0 0
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 0 0
  Current Long-Term Debt 0 0
  Short Long-Term Debt Total 0 4,250,464,000
  Other Current Liabilities 0 117,640,000
  Total Current Liabilities 127,385,000 117,640,000 8.3%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 4,344,412,000 4,241,484,000
  Capital Lease Obligations 7,566,000 8,980,000
  Other Non-Current Liabilities 79,728,000 80,075,000
  Total Non-Current Liabilities 4,531,706,000 4,430,539,000
  Total Liabilities 4,659,091,000 4,548,179,000 2.4%
Shareholders' Equity
  Common Stock 0 717,000
  Common Stock Shares Outstanding 71,723,000 71,635,000
  Treasury Stock 0 0
  Retained Earnings 134,186,000 119,034,000
  Total Shareholder Equity 2,373,392,000 2,350,832,000 1.0%

Amounts in USD ($)

Income Statement | Quarterly


2025-06-30 2025-03-31 QoQ
Total Revenue 93,842,000 97,677,000 -3.9%
  Cost of Revenue   881,000   1,158,000
  Cost of Goods and Services Sold   881,000   1,158,000
Gross Profit 92,961,000 96,519,000 -3.7%
  Research and Development   0   0
  Selling General and Administrative   12,954,000   14,132,000
  Depreciation   0   0
  Depreciation and Amortization   0   2,774,000
  Operating Expenses   18,312,000   71,218,000
Operating Income 75,530,000 25,301,000 198.5%
  EBIT (Earnings Before Interest and Tax)   0   80,719,000
  Investment Income Net   0   0
  Net Interest Income   -51,265,000   -50,426,000
  Interest Income   0   0
  Interest Expense   51,265,000   50,426,000
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax 28,831,000 30,293,000 -4.8%
  Income Tax Expense 0 883,000
Net Income from Continuing Operations 27,969,000 29,410,000
Net Income 27,947,000 29,364,000 -4.8%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 0 83,493,000

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2025-06-30 2025-03-31 QoQ
  Net Income 27,947,000 29,410,000 -5.0%
  Depreciation, Depletion, and Amortization 2,704,000 2,774,000
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 28,001,000 8,901,000 214.6%
Cash Flows from Investing Activities
  Capital Expenditures 0 0
  Net Cash Used in Investing Activities 0 0
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity 0 0
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 12,887,000 12,651,000
  Dividend Payout - Common Stock 12,887,000 12,651,000
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities 85,913,000 6,965,000 1,133.5%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
5 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 4.7
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.8
Rating AFFO & Efficiency Section Avg. Rating
6 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.3
4 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.5
Rating Leverage Section Avg. Rating
5 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.6
Rating Asset & Revenue Section Avg. Rating
5 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.5
8 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.9
6 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.5
8 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 5.9
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
5.7 Overall REITRating™ Score (See trend) 6.3

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
New York Mortgage Trust, Inc. (NYMT) 4.5 NASDAQ Small-Cap Mortgage United States
Realty Income Corp (O) 8.2 NYSE Large-Cap Retail Industrial Office Specialty United States

Last updated: 2025-08-31 - v6.6