YOLFTbeta
Safehold Inc

Safehold Inc

SAFE · NYSE · Real Estate / REIT - Diversified

9.86USD+0.01 (+0.10%)

Price History

Full chart

Market Stats

Previous Close9.85
Open9.92
Day Range9.71 – 10.05
52-Week Range11.93 – 17.45
Volume859.48K
Market Cap868.21M
P/E (TTM)7.61
Forward P/E8.12
EPS1.61
Dividend Yield5.77%
Beta1.79
50-Day Avg15.26
200-Day Avg15.01

About

Safehold Inc. is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, affordable housing, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Safehold Inc. was incorporated in 2016 and is based in New York, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Diversified
  • CEOMr. Jay S. Sugarman
  • Employees72
  • HeadquartersOne Penn Plaza, New York, NY, United States, 10119, USA
  • Websitehttps://www.safeholdinc.com

Leadership

  • Mr. Jay S. SugarmanCEO & Chairman · b. 1963
  • Mr. Michael TrachtenbergPresident · b. 1983
  • Mr. Brett AsnasChief Financial Officer · b. 1985
  • Mr. Steve WylderExecutive VP & Head of Investments
  • Mr. Christopher UhlickChief Accounting Officer · b. 1988
  • Mr. Pearse HoffmannSenior Vice President of Capital Markets & Investor Relations
  • Mr. Austin L. Lee J.D.General Counsel, Corporate & Secretary
  • Mr. Elisha J. BlechnerExecutive VP & Head of Portfolio Management
  • Mr. Adam M. CohenSenior Vice President of Tax
  • Mr. Ash JogiSenior VP & Head of Business Solutions

Financials

Income Statement

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.90M5.30M5.40M5.20M4.80M-100.00K200.00K1.90M83.40M173.60M300.88M315.20M341.57M407.27M466.31M488.47M562.78M827.48M287.38M959.52M542.64M88.00M400.47M390.79M462.03M18.57M21.74M679.20M49.72M93.40M158.73M187.01M270.31M352.58M365.69M385.55M
Growth (%)-+35.90%+1.89%-3.70%-7.69%--+100.00%+850.00%+4289.47%+108.15%+73.32%+4.76%+8.37%+19.23%+14.50%+4.75%+15.21%+47.04%-65.27%+233.89%-43.45%-83.78%+355.08%-2.42%+18.23%-95.98%+17.12%+3023.77%-92.68%+87.83%+69.95%+17.82%+44.54%+30.43%+3.72%+5.43%
Cost of Revenue-----------------------506.92M423.67M400.71M217.00K861.00K523.22M1.60M2.67M2.48M2.66M3.11M4.65M4.22M21.85M
Gross Profit3.90M5.30M5.40M5.20M4.80M-100.00K200.00K1.90M83.40M173.60M300.88M315.20M341.57M407.27M466.31M488.47M562.78M827.48M287.38M959.52M542.64M88.00M-106.45M-32.88M61.32M18.35M20.88M155.98M48.12M90.72M156.25M184.35M267.20M347.93M361.46M363.70M
Gross Margin100.00%100.00%100.00%100.00%100.00%-100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%-26.58%-8.41%13.27%98.83%96.04%22.97%96.78%97.14%98.44%98.58%98.85%98.68%98.84%94.33%
Operating Expense500.00K600.00K600.00K5.70M1.10M-200.00K300.00K023.50M134.70M83.29M85.29M138.47M115.11M205.86M200.55M187.95M588.53M-43.64M1.56B491.98M-130.09M180.35M123.09M100.66M12.63M6.03M149.37M36.19M54.58M100.07M118.89M131.57M425.00M274.38M56.12M
Operating Income3.40M4.70M4.80M-500.00K3.70M-300.00K-100.00K-100.00K1.90M59.90M38.90M217.59M229.91M203.10M292.16M260.45M287.91M374.83M238.96M331.02M-603.74M50.66M218.09M-286.80M-155.97M-39.34M5.72M14.86M6.62M11.94M36.14M56.18M65.46M135.63M-77.08M87.08M307.58M
Operating Margin87.18%88.68%88.89%-9.62%77.08%--100.00%-50.00%100.00%71.82%22.41%72.32%72.94%59.46%71.74%55.85%58.94%66.60%28.88%115.19%-62.92%9.34%247.83%-71.62%-39.91%-8.52%30.79%68.33%0.97%24.00%38.70%35.40%35.00%50.17%-21.86%23.81%79.78%
EBITDA3.40M4.70M4.80M-500.00K3.70M-300.00K-100.00K-100.00K1.90M49.80M29.30M237.93M244.89M241.52M320.62M381.29M707.52M851.87M130.97M-523.12M-1.05B-277.06M-168.93M-282.88M-135.53M34.23M16.12M18.01M16.57M38.98M75.48M135.92M165.05M285.57M140.41M320.36M332.80M
EBITDA Margin87.18%88.68%88.89%-9.62%77.08%--100.00%-50.00%100.00%59.71%16.88%79.08%77.69%70.71%78.72%81.77%144.84%151.37%15.83%-182.03%-109.92%-51.06%-191.97%-70.64%-34.68%7.41%86.82%82.85%2.44%78.40%80.82%85.63%88.26%105.64%39.82%87.61%86.32%
Net Income3.40M4.70M4.80M-500.00K3.70M-300.00K-100.00K-600.00K-59.90M38.90M217.59M229.91M203.10M292.16M260.45M287.91M374.83M238.96M-196.79M-768.78M79.68M-22.06M-239.93M-111.95M873.00K5.35M6.62M175.68M11.74M27.69M59.29M73.12M135.42M-54.97M105.76M114.47M
Net Income Margin87.18%88.68%88.89%-9.62%77.08%--100.00%-300.00%-71.82%22.41%72.32%72.94%59.46%71.74%55.85%58.94%66.60%28.88%-68.48%-80.12%14.68%-25.07%-59.91%-28.65%0.19%28.81%30.42%25.87%23.61%29.65%37.36%39.10%50.10%-15.59%28.92%29.69%
R&D--------------------------00.070.070.020.70.360.051.240.15--
R&D as % of Total Revenue--------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-----300.00K-300.00K-44.70M91.20M173.89M170.12M185.38M195.00M231.03M313.05M429.81M627.72M660.28M481.12M315.99M344.79M355.10M266.23M224.48M7.23M8.24M194.69M15.39M29.87M64.35M79.71M128.97M181.01M198.04M206.69M
Interest Expense % of Total Revenue-------150.00%-53.60%52.53%57.79%53.97%54.27%47.88%49.54%64.09%76.37%75.86%229.76%50.14%58.23%391.80%88.67%68.12%48.59%38.94%37.91%28.66%30.95%31.98%40.54%42.62%47.71%51.34%54.16%53.61%

Balance Sheet

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets46.00M45.30M44.80M39.90M2.70M2.40M2.20M5.70M13.40M2.06B3.81B4.03B4.38B5.61B6.66B7.22B8.53B11.06B15.85B15.30B12.81B9.17B7.52B6.15B5.64B5.45B144.26M155.67M728.51M979.74M2.57B3.21B4.52B3.25B6.55B6.90B7.25B
Total Liabilities---------1.06B1.90B2.13B2.50B3.46B4.11B4.61B5.86B8.03B12.89B12.52B10.89B7.48B5.94B4.84B4.34B4.21B227.00K1.58M372.58M622.38M1.47B1.83B2.83B1.83B4.25B4.53B4.81B
Total Equity44.00M43.50M43.10M37.40M2.50M2.30M2.20M1.60M6.40M970.70M1.80B1.79B1.79B2.03B2.42B2.46B2.45B2.99B2.90B2.39B1.61B1.65B1.53B1.24B1.24B1.18B144.03M154.09M355.94M357.36M1.09B1.38B1.69B1.43B2.23B2.34B2.41B
Cash7.90M-100.00K100.00K2.50M900.00K900.00K1.90M300.00K10.10M34.40M22.75M15.67M15.93M80.09M88.42M115.37M105.95M104.51M496.54M224.63M504.87M356.83M256.34M513.57M472.06M22.00K328.74M168.21M16.42M22.70M56.95M29.62M1.44B18.76M8.35M21.70M
Total Debt---------1.06B1.90B2.13B2.50B3.46B4.11B4.61B5.86B7.83B12.40B12.52B10.89B7.35B5.84B4.69B4.16B4.02B4.30B3.55B806.47M919.40M1.41B1.69B4.02B4.78B3.97B4.23B4.49B
Net Debt-7.90M--100.00K-100.00K-2.50M-900.00K-900.00K-1.90M-300.00K1.05B1.87B2.11B2.48B3.45B4.03B4.52B5.74B7.73B12.30B12.02B10.67B6.84B5.48B4.44B3.64B3.55B4.30B3.22B138.86M527.55M1.36B1.63B2.67B157.90M3.95B4.22B4.47B

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.60M4.60M5.20M4.90M2.50M-400.00K-200.00K-200.00K3.20M54.90M122.50M192.47M264.83M348.79M338.26M363.13M515.92M434.44M561.34M418.53M76.28M-47.40M-31.79M-191.93M-180.47M-10.34M5.03M5.48M80.21M-24.13M-1.96M35.71M26.92M47.67M15.39M37.85M47.81M
Investing Cash Flow-22.00M-7.20M400.00K-39.40M-1.40M200.00K1.30M-6.00M-1.27B-143.90M-176.65M-321.10M-1.15B-974.35M-465.43M-1.41B-2.53B-4.75B-27.94M726.22M3.74B1.47B1.27B893.45M159.79M184.03M-7.97M269.49M778.86M-1.52B-530.64M-1.29B-1.15B-576.57M-212.37M-237.18M
Financing Cash Flow19.90M-5.30M-5.50M-4.80M-39.50M100.00K--3.00M1.23B45.70M-27.47M49.18M800.54M700.25M110.63M917.15M2.09B4.18B1.44M-1.07B-3.41B-1.59B-1.18B-455.76M-190.96M-5.00M2.47M-20.73M-457.94M1.55B544.62M1.20B-1.78B559.53M144.89M202.98M
Capital Expenditure000000000025.00M9.01M25.38M7.50M8.61M21.97M55.92M044.83M102.89M20.75M42.86M64.17M83.07M211.77M142.79M169.74M173.62M158.47M189.04M1.36B56.75M1.25B23.05M7.25M00
Free Cash Flow3.60M4.60M5.20M4.90M2.50M-400.00K-200.00K-200.00K3.20M54.90M97.50M183.46M239.45M341.30M329.65M341.16M460.00M434.44M516.51M315.64M55.52M-90.26M-95.95M-275.00M-392.23M-153.13M-164.72M-168.14M-78.25M-213.17M-1.36B-21.04M-1.22B24.61M15.39M37.85M47.81M
Dividends Paid4.00M5.20M5.20M5.20M38.60M----38.60M110.60M238.97M301.11M268.07M306.64M358.72M381.57M411.76M477.23M317.75M42.32M42.32M42.32M42.32M49.02M51.32M51.32M51.32M48.44M10.93M16.62M32.00M35.95M53.72M46.04M50.59M50.92M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%79.59%95.32%90.42%97.85%97.45%93.95%89.16%100.00%92.01%75.42%72.79%190.44%301.88%143.28%217.35%1480.65%-3277.99%-3068.18%-97.56%883.48%69513.81%-58.92%-4536.40%51.64%100.00%100.00%100.00%
Dividend Paid to FCF111.11%113.04%100.00%106.12%1544.00%----70.31%113.44%130.26%125.75%78.54%93.02%105.15%82.95%94.78%92.39%100.67%76.22%-46.89%-44.10%-15.39%-12.50%-33.51%-31.16%-30.52%-61.91%-5.13%-1.22%-152.09%-2.94%218.25%299.13%133.64%106.50%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Feb 14, 2002Apr 25, 2002Jul 25, 2002Oct 24, 2002Feb 6, 2003Apr 24, 2003Jul 24, 2003Oct 23, 2003Feb 12, 2004Apr 22, 2004Jul 22, 2004Oct 21, 2004Feb 15, 2005Apr 26, 2005Jul 26, 2005Oct 27, 2005Feb 28, 2006Apr 25, 2006Jul 27, 2006Oct 26, 2006Feb 22, 2007Apr 24, 2007Jul 30, 2007Nov 6, 2007Feb 28, 2008May 2, 2008Jul 31, 2008Oct 30, 2008Feb 26, 2009Apr 30, 2009Jul 31, 2009Oct 30, 2009Feb 17, 2010Apr 29, 2010Aug 3, 2010Oct 28, 2010Feb 24, 2011Apr 28, 2011Jul 28, 2011Oct 27, 2011Feb 28, 2012Apr 27, 2012Jul 27, 2012Oct 26, 2012Feb 26, 2013Apr 30, 2013Jul 25, 2013Oct 29, 2013Feb 20, 2014Apr 29, 2014Jul 29, 2014Oct 28, 2014Feb 19, 2015Apr 29, 2015Aug 4, 2015Nov 3, 2015Feb 25, 2016May 3, 2016Aug 4, 2016Nov 3, 2016Feb 24, 2017May 4, 2017Jul 27, 2017Oct 26, 2017Feb 15, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 14, 2019Apr 25, 2019Jul 26, 2019Oct 24, 2019Feb 13, 2020Apr 23, 2020Jul 23, 2020Oct 22, 2020Feb 11, 2021Apr 22, 2021Jul 22, 2021Oct 21, 2021Feb 15, 2022Apr 21, 2022Aug 3, 2022Nov 1, 2022Feb 14, 2023Apr 28, 2023Aug 1, 2023Oct 31, 2023Feb 12, 2024May 6, 2024Jul 29, 2024Oct 28, 2024Feb 5, 2025May 6, 2025Aug 5, 2025Nov 5, 2025Feb 11, 2026Apr 30, 2026Jul 30, 2026Nov 4, 2026
EPS Estimate------------------------0.840.860.870.870.760.800.850.810.830.850.860.890.920.971.051.060.90-0.74-0.61-1.14-1.15-1.19-2.30-2.02-1.48-0.30-0.53-0.550.84-0.50-0.58-0.47-0.74-0.42-0.64-0.81-0.44-0.56-0.33-0.41-0.45-0.32-0.230.03-0.07-0.140.220.350.240.280.280.080.020.02-0.04-0.040.130.070.130.120.310.230.230.360.370.290.270.290.330.330.350.410.430.400.380.37-0.370.350.350.350.390.380.370.370.420.410.400.410.440.410.42
EPS Actual-2.752.252.352.563.062.642.85-4.243.133.243.343.413.263.533.403.513.342.302.933.583.623.694.004.020.860.870.870.870.740.830.980.810.900.910.900.910.931.021.07-0.290.87-1.46-2.150.10-0.61-2.51-2.37-1.47-0.26-0.89-0.76-0.420.71-0.38-0.71-0.43-0.66-0.70-0.86-0.64-0.49-0.31-0.36-0.60-0.31-0.190.21-0.330.100.110.250.340.040.560.470.04-0.16-0.09-0.04-0.070.200.090.110.230.360.180.210.250.360.240.280.290.320.280.380.380.430.370.410.400.410.350.330.360.430.410.370.360.440.390.410.420.400.42-
Surprise------------------------2.38%1.16%0.00%0.00%-2.63%3.75%15.29%0.00%8.43%7.06%4.65%2.25%1.09%5.15%1.90%-127.36%-3.33%-97.30%-252.46%108.77%46.96%-110.92%-3.04%27.23%82.43%-196.67%-43.40%23.64%-15.48%24.00%-22.41%8.51%10.81%-66.67%-34.38%20.99%-11.36%44.64%-9.09%-46.34%31.11%40.63%191.30%-1200.00%242.86%178.57%13.64%-2.86%-83.33%100.00%67.86%-50.00%-900.00%-550.00%0.00%-75.00%53.85%28.57%-15.38%91.67%16.13%-21.74%-8.70%-30.56%-2.70%-17.24%3.70%0.00%-3.03%-15.15%8.57%-7.32%0.00%-7.50%7.89%8.11%210.81%0.00%-5.71%2.86%10.26%7.89%0.00%-2.70%4.76%-4.88%2.50%2.44%-9.09%2.44%-
Timing------------------------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap868.21M
Enterprise Value5.46B
Trailing P/E7.61
Forward P/E8.12
PEG Ratio0.65
Price / Sales1.99
Price / Book0.37
EPS1.61
Book Value34.33
Revenue (TTM)436.41M
Gross Profit (TTM)405.48M
EBITDA346.02M
Profit Margin26.62%
Operating Margin73.67%
Return on Equity4.64%
Return on Assets2.88%
Shares Outstanding70.82M
Shares Float54.64M
Beta1.79
Dividend Yield5.77%
Dividend Rate0.71
Payout Ratio42.91%

Analyst Ratings

Buy
Based on 11 analystsTarget 17.90
  • Strong Buy
    2
  • Buy
    4
  • Hold
    5

Ownership Breakdown

Institutions
76.14%
Insiders
22.93%
Retail / Other
0.93%

Top Institutional Holders

  • BlackRock Inc
    9.74M13.75%
  • MSD Capital LP
    5.78M8.17%
  • Vanguard Portfolio Management, LLC
    5.00M7.05%
  • T. Rowe Price Investment Management,Inc.
    3.90M5.51%
  • State Street Corp
    2.61M3.68%
  • Vanguard Capital Management, LLC
    2.27M3.20%
  • Geode Capital Management, LLC
    1.36M1.91%
  • Ameriprise Financial Inc
    1.01M1.42%
  • Morgan Stanley - Brokerage Accounts
    856.94K1.21%
  • JPMorgan Chase & Co
    814.85K1.15%
  • Charles Schwab Investment Management Inc
    798.17K1.13%
  • NewEdge Investment Solutions
    670.66K0.95%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.80M3.95%
  • T. Rowe Price Small-Cap Value
    2.47M3.48%
  • Vanguard Real Estate Index Investor
    1.75M2.47%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.72M2.43%
  • iShares Russell 2000 ETF
    1.47M2.08%
  • Vanguard Small Cap Index
    1.24M1.74%
  • Columbia Small Cap Value Discv A
    789.16K1.11%
  • Vanguard MStar Small Cap Value Index
    784.75K1.11%

Dividends

20263×
0.18Sep 30, 20260.18Jun 30, 20260.18Mar 31, 2026
20254×
0.18Dec 30, 20250.18Sep 30, 20250.18Jun 30, 20250.18Mar 31, 2025
20244×
0.18Dec 30, 20240.18Sep 30, 20240.18Jun 28, 20240.18Mar 27, 2024
20234×
0.18Dec 28, 20230.18Sep 28, 20230.18Jun 29, 20230.65Mar 29, 2023
20226×
0.18Dec 29, 20220.35Aug 31, 20220.18Jun 29, 20220.35May 31, 20220.17Mar 30, 20220.35Feb 28, 2022
20213×
0.17Dec 31, 20210.35Nov 30, 20210.17Sep 29, 2021

Stock Splits

  • Mar 31, 20234:25
  • Nov 8, 19993798:3727
  • Jun 19, 19981:6