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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About Safehold Inc.

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.


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REITMovers


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.

Overall REITRating Score: 6.6

Hightlights of Trading Day September 26, 2022


Open Price: $30.02
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 High: $80.02
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%
YTD Price Change: -61.72%
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


Dividend Yield: 2.596%*
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


See more news headlines for Safehold Inc.

Key Stats of Trading Day September 26, 2022


Total Cash: N/A
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
Profit Margin: 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
Beta: 1.24
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


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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


Below are the Earnings Press Releases for SAFE. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2021 Q4 SAFEHOLD REPORTS FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS

Financial Statements Overview


The next Earnings Report for SAFE is 2022-10-20

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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Last updated: 2022-09-27 - v3.5