Safehold Inc. | REIT Profile
Symbol: SAFE
CIK: 1688852
Exchange: NYSE
Founded: 2016 (6 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Diversified, Specialty
Externally Managed REIT
See SAFE on Google Finance
See SAFE on Yahoo Finance
See SAFE on SEC.gov
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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.
Stock Chart
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REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Close | Previous Close | Volume | Change $ | Change % | Market Cap | PE Ratio | 52W High | 52W Low | Ytd Change |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $26.94 | $28.26 | $26.87 | $27.67 | $27.27 | $27.27 | 486,428 | -$0.33 | -1.21% | $1,675,329,445 | N/A | $80.02 | $26.87 | -66.78% |
Last update: 2022-09-27 12:56:57 PST
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.
Hightlights of Trading Day September 26, 2022
Closing Price: $27.27
Price Change: -3.05 (-10.059%)
Lowest Price: $27.26
Highest Price: $30.12
52-Week Low: $27.26
52-Week Change: -59.85%
5 Day Price Change: -15.99%
1 Month Price Change: -29.78%
3 Month Price Change: -17.82%
6 Month Price Change: -43.76%
1 Year Price Change: -59.85%
2 Year Price Change: -45.75%
5 Year Price Change: 78.40%
Dividend of Trading Day September 26, 2022
Annualized Dividend: $0.708*
Dividend Yield (TTM): 2.253%
Annualized Dividend (TTM): $0.6831
Ex-Dividend Date: 2022-06-29
Next Ex-Dividend: 2022-09-29
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 News Headlines
- Safehold to Sell Ground Lease for $136 Million - Thu, 22 Sep 2022 13:10:00 UTC
- Safehold Declares Third Quarter 2022 Common Stock Dividend - Mon, 19 Sep 2022 11:31:17 UTC
- Safehold Reports Second Quarter 2022 Results - Wed, 03 Aug 2022 11:31:34 UTC
- Safehold Closes Sixth Transaction with Avanti Residential, $62.5 Million Ground Lease in Miami - Wed, 20 Jul 2022 20:03:36 UTC
- Safehold Increases Quarterly Stock Dividend by 4.12% - Wed, 15 Jun 2022 20:04:22 UTC
Key Stats of Trading Day September 26, 2022
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: N/A
Market Capitalization: $1,695,851,298
Latest Volume: 460,833
Avg. Total Volume: 342,829
Avg. 10-Day Volume: 399,370
Avg. 30-Day Volume: 342,829
TTM EPS: N/A
Shares Outstanding: 62,187,433
Float: N/A
50-Day Moving Avg.: $39.88
200-Day Moving Avg.: $43.24
Latest REIT Community Comments on #SAFE
- #SAFE was overvalued and losing steam. - Goodpick - 2021-05-12 19:55:37 - See full comment
- #Safe has rallied 92% over the last 12 month. - Kev B - 2020-12-22 08:24:56 - See full comment
- #SAFE is growing fast, even with covid raging! I wish I had bought them 1 year ago... however, their Dividend to FFO & AFFO Payout Ratio it at 200% which is a bit worrisome. - thisway - 2020-12-07 21:47:22 - See full comment
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 | @ $37.42 per share you would have been able to buy 26 shares of SAFE on 2021-09-27 costing $972.92 | @ $37.42 per share you would have been able to buy 13 shares of SAFE on 2021-09-27 costing $486.46 | @ $37.42 per share you would have been able to buy 6 shares of SAFE on 2021-09-27 costing $224.52 | @ $37.42 per share you would have been able to buy 2 shares of SAFE on 2021-09-27 costing $74.84 | @ $37.42 per share you would have been able to buy 1 shares of SAFE on 2021-09-27 costing $37.42 |
| Current worth | On 2022-09-26 these 26 shares would be worth $709.02 @ $27.27 | On 2022-09-26 these 13 shares would be worth $354.51 @ $27.27 | On 2022-09-26 these 6 shares would be worth $163.62 @ $27.27 | On 2022-09-26 these 2 shares would be worth $54.54 @ $27.27 | On 2022-09-26 these 1 shares would be worth $27.27 @ $27.27 |
| Dividends earned | $17.86 in dividends would have been earned since 2021-09-27 with 26 shares. | $9 in dividends would have been earned since 2021-09-27 with 13 shares. | $4.12 in dividends would have been earned since 2021-09-27 with 6 shares. | $1.37 in dividends would have been earned since 2021-09-27 with 2 shares. | $0.69 in dividends would have been earned since 2021-09-27 with 13 shares. |
| Net (gain / loss)* | -246.04 USD | -123.02 USD | -56.78 USD | -18.93 USD | -9.46 USD |
| ROI** | -25.29% | -25.29% | -25.29% | -25.29% | -25.29% |
*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 | 2022-06-29 | 0.177 | 4.12% | 2022-06-15 | 2022-06-30 | 2022-07-15 |
| SAFE | 2022-03-30 | 0.170 | --- | 2022-03-21 | 2022-03-31 | 2022-04-15 |
| SAFE | 2021-12-31 | 0.170 | --- | 2021-12-15 | 2022-01-03 | 2022-01-14 |
| SAFE | 2021-09-29 | 0.170 | --- | 2021-09-15 | 2021-09-30 | 2021-10-15 |
| SAFE | 2021-06-29 | 0.170 | 4.78% | 2021-06-14 | 2021-06-30 | 2021-07-15 |
| SAFE | 2021-03-30 | 0.162 | --- | 2021-03-19 | 2021-03-31 | 2021-04-15 |
| SAFE | 2020-12-31 | 0.162 | --- | 2020-12-18 | 2021-01-04 | 2021-01-15 |
| SAFE | 2020-09-29 | 0.162 | --- | 2020-09-15 | 2020-09-30 | 2020-10-15 |
| SAFE | 2020-06-29 | 0.162 | 4.00% | 2020-06-15 | 2020-06-30 | 2020-07-15 |
| SAFE | 2020-03-30 | 0.156 | --- | 2020-03-23 | 2020-03-31 | 2020-04-15 |
| SAFE | 2019-10-02 | 0.156 | --- | 2019-09-23 | 2019-10-03 | 2019-10-15 |
| SAFE | 2019-06-27 | 0.156 | 4.00% | 2019-06-11 | 2019-06-28 | 2019-07-15 |
| SAFE | 2019-03-28 | 0.150 | --- | 2019-03-15 | 2019-03-29 | 2019-04-15 |
| SAFE | 2018-12-28 | 0.150 | --- | 2018-12-17 | 2018-12-31 | 2019-01-15 |
| SAFE | 2018-09-27 | 0.150 | --- | 2018-09-17 | 2018-09-28 | 2018-10-15 |
| SAFE | 2018-06-28 | 0.150 | --- | 2018-06-14 | 2018-06-29 | 2018-07-13 |
| SAFE | 2018-03-29 | 0.150 | --- | 2018-03-19 | 2018-03-30 | 2018-04-13 |
| SAFE | 2017-12-28 | 0.150 | --- | 2017-12-19 | 2017-12-29 | 2018-01-16 |
| SAFE | 2017-09-29 | 0.150 | --- | 2017-09-19 | 2017-10-02 | 2017-10-16 |
Earnings Press Releases
| Year | Quarter | Title |
|---|---|---|
| 2021 | Q4 | SAFEHOLD REPORTS FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Amounts in USD ($)
| Balance Sheet | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 |
|---|---|---|---|---|
| Current Cash | 107,720,000 | 139,073,000 | 299,748,000 | 46,782,000 |
| Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Current Assets | 0 | 0 | 0 | 0 |
| Current Assets (Other) | 0 | 0 | 0 | 0 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Long-term Investments | 129,261,000 | 128,736,000 | 128,123,000 | 127,531,000 |
| Property, Plant & Equipment Net | 28,828,000 | 29,105,000 | 29,382,000 | 29,659,000 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 239,172,000 | 240,845,000 | 241,171,000 | 242,837,000 |
| Other Assets | 5,923,000 | 5,219,000 | 12,815,000 | 8,148,000 |
| Net Tangible Assets | 988,165,000 | 977,595,000 | 971,946,000 | 834,148,000 |
| Total Assets | 2,850,787,000 | 2,829,363,000 | 2,899,627,000 | 2,566,561,000 |
| Accounts Payable | 0 | 0 | 0 | 0 |
| Liabilities (Other) | 126,272,000 | 125,039,000 | 120,171,000 | 94,489,000 |
| Current Liabilities (Other) | 8,337,000 | 8,322,000 | 7,985,000 | 7,472,000 |
| Total Current Liabilities | 0 | 0 | 0 | 0 |
| Current Long-term Debt | 0 | 0 | 0 | 0 |
| Long-term Debt | 1,469,570,000 | 1,460,114,000 | 1,542,396,000 | 1,372,922,000 |
| Total Liabilities | 1,601,604,000 | 1,590,946,000 | 1,668,389,000 | 1,473,263,000 |
| Minority Interest | 49,000 | 48,000 | 49,000 | 49,000 |
| Common Stock | 51,170,000 | 51,110,000 | 51,035,000 | 47,782,000 |
| Retained Earnings | 17,311,000 | 11,454,000 | 7,236,000 | -2,146,000 |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Capital Surplus | 1,290,616,000 | 1,287,385,000 | 1,283,643,000 | 1,132,603,000 |
| Shareholder Equity | 1,247,187,000 | 1,236,606,000 | 1,229,610,000 | 1,091,812,000 |
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Amounts in USD ($)
| Income Statement | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 |
|---|---|---|---|---|
| Total Revenue | 38,932,000 | 38,281,000 | 41,093,000 | 30,514,000 |
| Cost of Revenue | 3,786,000 | 3,819,000 | 4,074,000 | 3,867,000 |
| Gross Profit | 35,146,000 | 34,462,000 | 37,019,000 | 26,647,000 |
| Research and Development | 0 | 0 | 0 | 0 |
| Selling General and Admin | 0 | 0 | 0 | 0 |
| Operating Expense | 9,088,000 | 10,188,000 | 9,327,000 | 7,750,000 |
| Operating Income | 29,810,000 | 27,973,000 | 31,726,000 | 22,465,000 |
| Income Expense Net (Other) | -15,598,000 | -15,411,000 | -14,330,000 | -11,297,000 |
| EBIT | 29,810,000 | 27,973,000 | 31,726,000 | 22,465,000 |
| Interest Income | 16,906,000 | 15,764,000 | 14,804,000 | 11,332,000 |
| Pretax Income | 14,212,000 | 12,562,000 | 17,396,000 | 11,168,000 |
| Income Tax | 0 | 0 | 0 | 0 |
| Minority Interest | 49,000 | 48,000 | 49,000 | 49,000 |
| Net Income | 14,163,000 | 12,514,000 | 17,347,000 | 11,119,000 |
| Net Income Basic | 14,163,000 | 12,514,000 | 17,347,000 | 11,119,000 |
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
Amounts in USD ($)
| Cash Flow | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 |
|---|---|---|---|---|
| Net Income | 14,163,000 | 12,514,000 | 17,347,000 | 11,119,000 |
| Depreciation | 3,193,000 | 3,182,000 | 3,176,000 | 2,348,000 |
| Changes in Receivables | 0 | 0 | 0 | 0 |
| Changes in Inventories | 0 | 0 | 0 | 0 |
| Cash Change | -31,353,000 | -160,675,000 | 252,966,000 | 9,994,000 |
| Cash Flow | 7,000,000 | 11,340,000 | 7,436,000 | 2,583,000 |
| Capital Expenditures | 0 | 0 | 0 | 0 |
| Investments | -336,000 | -20,276,000 | 0 | 22,169,000 |
| Investing Activity (Other) | -38,198,000 | -83,219,000 | -43,758,000 | -932,062,000 |
| Total Investing Cash Flows | -39,034,000 | -84,347,000 | -61,356,000 | -909,200,000 |
| Dividends Paid | -8,290,000 | -7,960,000 | -7,452,000 | -6,308,000 |
| Net Borrowings | 8,982,000 | -82,504,000 | 168,964,000 | 677,841,000 |
| Cash Flow Financing | 681,000 | -87,668,000 | 306,886,000 | 916,611,000 |
| Financing Cash Flows (Other) | -11,000 | 3,188,000 | -3,185,000 | 2,527,000 |
| Exchange Rate Effect | 0 | 0 | 0 | 0 |
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 8 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 3.8 |
| 4 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.8 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 10 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 7.0 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 7.3 |
| Rating | Leverage Section | Avg. Rating |
| 3 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 6.7 |
| 2 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 6.9 |
| 7 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.7 |
| 6 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 7 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 7.3 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 7.7 |
| 10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 7.0 |
| Rating | Properties Section | Avg. Rating |
| Rating | Market Cap Section | Avg. Rating |
| 6.6 | Overall REITRating™ Score (See trend) | 6.2 |
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.
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| New York Mortgage Trust, Inc. (NYMT) | 5.7 | NASDAQ | Small-Cap | Mortgage | United States |
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Last updated: 2022-09-27 - v3.5