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.
IPO Year: 2023
Exchange: NYSE
Website: safeholdinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/19/2024 | $34.00 | Mkt Perform → Outperform | Raymond James |
5/10/2024 | $22.00 → $20.00 | Buy → Neutral | Mizuho |
1/23/2024 | $35.00 | Mkt Outperform | JMP Securities |
1/4/2024 | $33.00 | Buy | Jefferies |
10/30/2023 | $33.00 | Overweight | Morgan Stanley |
10/3/2023 | $19.00 | Neutral | Wedbush |
8/23/2023 | $25.00 | Buy | Goldman |
6/30/2023 | $41.00 | Outperform | RBC Capital Mkts |
4/27/2023 | $29.00 | Neutral | JP Morgan |
3/16/2023 | Outperform | Exane BNP Paribas |
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE:SAFE) today announced that its operating company, Safehold GL Holdings LLC (the "operating company"), has priced a public offering of $400 million aggregate principal amount of its 5.650% senior notes due 2035 (the "Notes"). The Notes will mature on January 15, 2035. The offering is expected to settle on November 14, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the Company. The public offering price of the Notes was 98.812% of the principal amount for an effective semi-annual yield to maturity of 5.804%.
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE:SAFE) announced today that S&P Global Ratings ("S&P") has assigned the Company an initial credit rating of BBB+ with a positive outlook. S&P is also assigning a BBB+ rating and positive outlook to the Company's operating subsidiary, Safehold GL Holdings LLC. "We are pleased to announce this investment grade rating and positive outlook from S&P," said Brett Asnas, Chief Financial Officer. "This outcome reflects the strength of Safehold's credit profile, driven by strong asset quality, sta
NEW YORK, Nov. 5, 2024 /PRNewswire/ -- Star Holdings (NASDAQ:STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission. Net income attributable to common shareholders for the third quarter was $91.9 million and earnings per share was $6.90. These results reflect a non-cash adjustment of $93.8 million which increased earnings per share by $7.05 with respect to our investment in approximately 13.5 million shares of SAFE based on a mark-to-market at quarter end. During the third quarter, the Company recorded $6.1 million of land revenues, which was comprised of 31 lots at Magnolia Green that we
NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) reported results for the third quarter 2024. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q3'24 revenue was $90.7 millionQ3'24 net income attributable to common shareholders was $19.3 million, or $26.1 million excluding the portion of the quarter's non-cash general provision for credit losses on prior period balances1Q3'24 earnings per share was $0.27, or $0.37 excluding
NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the third quarter 2024 after the market close on Monday, October 28, 2024. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Tuesday, October 29, 2024. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, www.safeholdinc.com, in the "Investors" section. The dial-in information for the live call is: Dial-in: 877.545.
NEW YORK, Sept. 13, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the third quarter of 2024. The dividend represents an annualized rate of $0.708 per share and is payable on October 15, 2024 to holders of record on September 30, 2024. About Safehold: 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. Having created the modern ground lease industry
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Star Holdings (NASDAQ:STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission. Net income (loss) attributable to common shareholders for the second quarter was ($27.1 million) and earnings (loss) per share was ($2.04). These results reflect a non-cash adjustment of ($17.7 million) which reduced earnings per share by ($1.33) with respect to our investment in approximately 13.5 million shares of SAFE based on a mark-to-market SAFE share price of $19.29 at quarter end. During the second quarter, the Company recorded $15.7 million of land revenues, which was p
NEW YORK, July 29, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) reported results for the second quarter 2024. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q2'24 revenue was $89.9 million, up 5% year-over-yearQ2'24 net income attributable to common shareholders was $29.7 million, up 34% year-over-yearQ2'24 earnings per share was $0.42, up 20% year-over-yearClosed six new ground leases for $98 million1 during the quarter, bringing the t
NEW YORK, July 17, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the second quarter 2024 after the market close on Monday, July 29, 2024. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Tuesday, July 30, 2024. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, www.safeholdinc.com, in the "Investors" section. The dial-in information for the live call is: Dial-in: 888.506.0062
NEW YORK, July 8, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE), the creator and leader of the modern ground lease industry, has closed on ground leases to facilitate the ground-up development of four affordable housing communities in Northern California. The low-income tax credit developments total 781 units across four locations: three in San Jose and one in Concord, California. The projects will be built by The Pacific Companies, a prolific and highly experienced developer of affordable housing throughout the Western United States. "We are thrilled to expand our relationsh
NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) reported results for the third quarter 2024. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q3'24 revenue was $90.7 millionQ3'24 net income attributable to common shareholders was $19.3 million, or $26.1 million excluding the portion of the quarter's non-cash general provision for credit losses on prior period balances1Q3'24 earnings per share was $0.27, or $0.37 excluding
NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the third quarter 2024 after the market close on Monday, October 28, 2024. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Tuesday, October 29, 2024. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, www.safeholdinc.com, in the "Investors" section. The dial-in information for the live call is: Dial-in: 877.545.
NEW YORK, Sept. 13, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the third quarter of 2024. The dividend represents an annualized rate of $0.708 per share and is payable on October 15, 2024 to holders of record on September 30, 2024. About Safehold: 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. Having created the modern ground lease industry
NEW YORK, July 29, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) reported results for the second quarter 2024. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q2'24 revenue was $89.9 million, up 5% year-over-yearQ2'24 net income attributable to common shareholders was $29.7 million, up 34% year-over-yearQ2'24 earnings per share was $0.42, up 20% year-over-yearClosed six new ground leases for $98 million1 during the quarter, bringing the t
NEW YORK, July 17, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the second quarter 2024 after the market close on Monday, July 29, 2024. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Tuesday, July 30, 2024. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, www.safeholdinc.com, in the "Investors" section. The dial-in information for the live call is: Dial-in: 888.506.0062
NEW YORK, June 14, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the second quarter of 2024. The dividend represents an annualized rate of $0.708 per share and is payable on July 15, 2024 to holders of record on June 28, 2024. About Safehold: 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. Having created the modern ground lease industry in 2017,
NEW YORK, May 6, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) reported results for the first quarter 2024. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q1'24 revenue was $93.2 millionQ1'24 net income attributable to common shareholders was $30.7 millionQ1'24 earnings per share was $0.43Closed new $2.0 billion unsecured revolving credit facility, replacing previous $1.85 billion aggregate facilities and lowering facility costIssued $30
NEW YORK, April 22, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the first quarter 2024 after the market close on Monday, May 6, 2024. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Tuesday, May 7, 2024. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, www.safeholdinc.com, in the "Investors" section. The dial-in information for the live call is: Dial-in: 888.506.0062 Inte
NEW YORK, March 15, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the first quarter of 2024. The dividend represents an annualized rate of $0.708 per share and is payable on April 15, 2024 to holders of record on March 28, 2024. About Safehold: 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. Having created the modern ground lease industry in 201
NEW YORK, Feb. 12, 2024 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) reported results for the fourth quarter and fiscal year ended December 31, 2023. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q4'23 revenue was $103.0 million, and FY'23 was $352.6 millionQ4'23 net income attributable to common shareholders was $41.2 million, or $25.5 million excluding non-recurring gains, and FY'23 net income attributable to common shareholders was ($55.
8-K - Safehold Inc. (0001095651) (Filer)
10-Q - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
10-Q - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
S-8 - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
NEW YORK, Dec. 17, 2021 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE), the creator and leader of the modern ground lease industry, announced today that the Board of Directors has appointed Jesse Hom as a new director, effective immediately. "We are excited to welcome Jesse to the Board of Directors. He brings over 15 years of valuable commercial real estate industry insight with deep experience in investments, asset management, and capital markets," said Jay Sugarman, Chairman and Chief Executive Officer. Hom is a Managing Director and Global Head of Real Estate Credit at GIC, S
Raymond James upgraded Safehold from Mkt Perform to Outperform and set a new price target of $34.00
Mizuho downgraded Safehold from Buy to Neutral and set a new price target of $20.00 from $22.00 previously
JMP Securities initiated coverage of Safehold with a rating of Mkt Outperform and set a new price target of $35.00
Jefferies initiated coverage of Safehold with a rating of Buy and set a new price target of $33.00
Morgan Stanley resumed coverage of Safehold with a rating of Overweight and set a new price target of $33.00
Wedbush initiated coverage of Safehold with a rating of Neutral and set a new price target of $19.00
Goldman initiated coverage of Safehold with a rating of Buy and set a new price target of $25.00
RBC Capital Mkts initiated coverage of Safehold with a rating of Outperform and set a new price target of $41.00
JP Morgan resumed coverage of Safehold with a rating of Neutral and set a new price target of $29.00
Exane BNP Paribas initiated coverage of Safehold with a rating of Outperform
Across the recent three months, 6 analysts have shared their insights on Safehold (NYSE:SAFE), expressing a variety of opinions spanning from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 3 1 0 0 3M Ago 0 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $28.17, with a high estimate of $35.00 and a low estimate of $20.00. A decline of 1.74% from
Goldman Sachs analyst Caitlin Burrows maintains Safehold (NYSE:SAFE) with a Buy and raises the price target from $25 to $29.
JMP Securities analyst Mitch Germain reiterates Safehold (NYSE:SAFE) with a Market Outperform and maintains $35 price target.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said ServiceNow, Inc. (NYSE:NOW) is a buy right here. “I would buy more,” he added. On May 8, ServiceNow announced an expansion of the strategic relationship with Equinix to streamline operations of digital infrastructure. Oklo Inc. (NYSE:OKLO) is “too risky,” Cramer said, “I'm still going to send you to GE Vernova (NYSE:GEV).” On May 13, Oklo disclosed a strategic partnership with Atomic Alchemy Inc. to produce isotopes. “If you want the speculative play on cannabis, that is the one you want,” Cramer said when asked about Canopy Growth Corporation (NASDAQ:CGC). On May 7, Canopy Growth filed for offering of up to 1.1 million sh
Mizuho analyst Haendel St. Juste downgrades Safehold (NYSE:SAFE) from Buy to Neutral and lowers the price target from $22 to $20.
RBC Capital analyst Kenneth Lee maintains Safehold (NYSE:SAFE) with a Outperform and lowers the price target from $32 to $29.
Safehold (NYSE:SAFE) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 2 0 0 3M Ago 1 2 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $26.71, along with a high estimate of $35.00 and a low estimate of $21.00. Marking an increase of 0.15%, the curre
JMP Securities analyst Mitch Germain reiterates Safehold (NYSE:SAFE) with a Market Outperform and maintains $35 price target.
Safehold (NYSE:SAFE) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.39 by 10.26 percent. This is a 4.88 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $93.20 million which beat the analyst consensus estimate of $88.08 million by 5.81 percent. This is a 18.99 percent increase over sales of $78.33 million the same period last year.
Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Safehold (NYSE:SAFE) in the last three months. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 2 0 0 3M Ago 0 3 0 0 0 Analysts have recently evaluated Safehold and provided 12-month price targets. The average target is $26.71, accompanied by a high estimate of $35.00 and a low estimate of $21.00. Surpassing the previous averag
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