Safehold Inc. | REIT Profile
Symbol: SAFE
Exchange: NYSE
Founded: 2016 (5 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-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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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day December 6, 2021
Closing Price: $73.65
Price Change: 2.01 (2.806%)
Lowest Price: $72.075
Highest Price: $74.29
52-Week Low: $66.06
52-Week High: $95.06
52-Week Change: 6.07%
5 Day Price Change: 1.34%
1 Month Price Change: -5.43%
3 Month Price Change: -15.35%
6 Month Price Change: 1.22%
YTD Price Change: -0.49%
1 Year Price Change: 6.07%
2 Year Price Change: 71.23%
5 Year Price Change: 312.20%
Dividend of Trading Day December 6, 2021
Annualized Dividend: $0.68*
Dividend Yield (TTM): 0.924%
Annualized Dividend (TTM): $0.6622
Ex-Dividend Date: 2021-09-29
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
- Mon, 08 Nov 2021 21:33:52 +0000 (UTC) - Safehold Announces Pricing of $350 Million of 2.850% Senior Unsecured Notes Due 2032
- Thu, 21 Oct 2021 11:33:09 +0000 (UTC) - Safehold Reports Third Quarter 2021 Results
- Wed, 22 Sep 2021 23:48:56 +0000 (UTC) - Safehold Announces Upsizing and Pricing of Public Offering and Concurrent Private Placement
- Tue, 21 Sep 2021 20:03:21 +0000 (UTC) - Safehold Announces Public Offering and Concurrent Private Placement
- Wed, 15 Sep 2021 11:33:09 +0000 (UTC) - Safehold Declares Third Quarter 2021 Common Stock Dividend
Funds From Operations (FFO)
Key Stats of Trading Day December 6, 2021
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: $4,165,634,499
Latest Volume: 159,591
Avg. Total Volume: 126,503
Avg. 10-Day Volume: 168,466
Avg. 30-Day Volume: 126,503
TTM EPS: N/A
Shares Outstanding: 56,559,871
Float: N/A
50-Day Moving Avg.: $73.51
200-Day Moving Avg.: $79.04
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
Properties Owned by SAFE
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 38 | 4 | 17 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
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 2020-12-07 costing $972.92 | @ $37.42 per share you would have been able to buy 13 shares of SAFE on 2020-12-07 costing $486.46 | @ $37.42 per share you would have been able to buy 6 shares of SAFE on 2020-12-07 costing $224.52 | @ $37.42 per share you would have been able to buy 2 shares of SAFE on 2020-12-07 costing $74.84 | @ $37.42 per share you would have been able to buy 1 shares of SAFE on 2020-12-07 costing $37.42 |
| Current worth | On 2021-12-06 these 26 shares would be worth $1,914.90 @ $73.65 | On 2021-12-06 these 13 shares would be worth $957.45 @ $73.65 | On 2021-12-06 these 6 shares would be worth $441.90 @ $73.65 | On 2021-12-06 these 2 shares would be worth $147.30 @ $73.65 | On 2021-12-06 these 1 shares would be worth $73.65 @ $73.65 |
| Dividends earned | $17.28 in dividends would have been earned since 2020-12-07 with 26 shares. | $9 in dividends would have been earned since 2020-12-07 with 13 shares. | $3.99 in dividends would have been earned since 2020-12-07 with 6 shares. | $1.33 in dividends would have been earned since 2020-12-07 with 2 shares. | $0.66 in dividends would have been earned since 2020-12-07 with 13 shares. |
| Net (gain / loss)* | 959.26 USD | 479.63 USD | 221.37 USD | 73.79 USD | 36.89 USD |
| ROI** | 98.60% | 98.60% | 98.60% | 98.60% | 98.60% |
*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 | 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 |
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 |
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.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 7 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 3.7 |
| 4 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.4 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 10 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.3 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 9.0 |
| Rating | Leverage Section | Avg. Rating |
| 3 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 7.2 |
| 2 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 8.8 |
| 7 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.9 |
| 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. | 6.9 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 6.2 |
| 10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.2 |
| Rating | Properties Section | Avg. Rating |
| 8 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| Rating | Market Cap Section | Avg. Rating |
| 4 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.3 |
| 6.5 | 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.
Related REITs
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|---|---|---|---|---|---|
| New York Mortgage Trust, Inc. (NYMT) | 3.9 | NASDAQ | Small-Cap | Mortgage | United States |
| Realty Income Corp (O) | 8.5 | NYSE | Large-Cap | Retail Industrial Office Specialty | United States |
Last updated: 2021-12-07 - v2.4