SAFE
Safehold Inc.
$14.03
-0.33
(-2.30%)
Mkt Cap
1.00B
Volume
490,528
52W Range
12.76-17.45
Sector
Real Estate
Beta
1.79
EPS (TTM)
1.62 USD
P/E Ratio
8.66
Revenue (TTM)
413.43M USD
Rev Growth (5Y)
+19.4%
EPS Growth (5Y)
+6.5%
AlphaVal · Fair Value
What we estimate one share is worth
$37.96
Undervalued
strong signal
63.0% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
D+
Real Estate Investment Trust
42.7 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
Safehold Inc. (NYSE: SAFE) is fundamentally transforming real estate ownership by offering property owners an innovative and superior method to extract the inherent value from the land supporting their structures. Through its modern ground lease financing solutions, Safehold empowers owners of premium multi-family, commercial, industrial, hospitality, and mixed-use assets located in key markets across the United States to achieve enhanced financial returns while concurrently mitigating risk. Operating as a Real Estate Investment Trust (REIT) and managed by its principal shareholder, iStar Inc., the company's objective is to deliver secure, progressively increasing income and sustainable long-term capital growth to its investors.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 385.55M | 365.69M | 352.58M | 270.31M | 187.01M | 158.73M | 93.40M | 49.72M | 679.20M | 21.74M | 18.57M | 462.03M |
| Net Income | 114.47M | 105.76M | (54.97M) | 135.42M | 73.12M | 59.29M | 27.69M | 11.74M | 175.68M | 6.62M | 5.35M | 873,000 |
| EPS | 1.60 | 1.48 | -0.82 | 2.17 | 1.32 | 1.17 | 28.17 | 0.64 | 9.75 | 0.36 | 0.29 | -3.56 |
| Free Cash Flow | 47.81M | 37.85M | 15.39M | 64.85M | (1.22B) | 5.00M | (1.37B) | (213.17M) | (78.25M) | (168.14M) | (164.72M) | (153.13M) |
| FCF / Share | 0.67 | 0.53 | 0.23 | 1.03 | -21.75 | 0.10 | -132.03 | -11.70 | -6.89 | -9.24 | -9.06 | -11.26 |
| Operating CF | 47.81M | 37.85M | 15.39M | 64.85M | 26.92M | 61.76M | (1.96M) | (24.13M) | 80.21M | 5.48M | 5.03M | (10.34M) |
| Total Assets | 7.25B | 6.90B | 6.55B | 5.85B | 4.52B | 3.21B | 2.57B | 979.74M | 728.51M | 155.67M | 144.26M | 5.45B |
| Total Debt | 4.49B | 4.23B | 3.97B | 3.53B | 2.70B | 1.69B | 1.38B | 543.97M | 307.07M | 3.55B | 4.30B | 4.02B |
| Cash & Equiv | 21.70M | 8.35M | 18.76M | 20.07M | 29.62M | 56.95M | 22.70M | 16.42M | 168.21M | 328.74M | 22,000 | 472.06M |
| Book Value | 2.41B | 2.34B | 2.23B | 2.14B | 1.68B | 1.38B | 1.09B | 355.35M | 355.94M | 154.09M | 144.03M | 1.18B |
| Return on Equity | 0.05 | 0.05 | -0.02 | 0.06 | 0.04 | 0.04 | 0.03 | 0.03 | 0.49 | 0.04 | 0.04 | 0.00 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 114.65M | 104.75M | 97.87M | 96.16M | 93.84M | 97.68M | 91.87M | 90.70M | 89.89M | 93.21M | 103.03M | 85.56M |
| Net Income | 30.16M | 28.86M | 27.88M | 29.28M | 27.95M | 29.36M | 26.04M | 19.33M | 29.66M | 30.73M | 41.18M | (122.97M) |
| EPS | 0.42 | 0.40 | 0.39 | 0.41 | 0.39 | 0.41 | 0.36 | 0.27 | 0.42 | 0.43 | 0.58 | -1.81 |
| Free Cash Flow | 34.63M | (8.60M) | 12.32M | (1.41M) | 28.00M | 8.90M | 7.90M | 8.26M | 24.76M | (3.06M) | 18.86M | 168,000 |
| FCF / Share | 0.48 | -0.12 | 0.17 | -0.02 | 0.39 | 0.12 | 0.11 | 0.12 | 0.35 | -0.04 | 0.27 | 0.00 |
| Operating CF | 34.63M | (8.60M) | 12.32M | (1.41M) | 28.00M | 8.90M | 7.90M | 8.26M | 24.76M | (3.06M) | 23.06M | 1.80M |
| Total Assets | 7.52B | 7.38B | 7.25B | 7.15B | 7.06B | 6.93B | 6.90B | 6.81B | 6.77B | 6.67B | 6.55B | 6.44B |
| Total Debt | 4.65B | 4.60B | 4.49B | 4.42B | 4.35B | 4.25B | 4.23B | 4.21B | 4.10B | 4.06B | 3.97B | 3.95B |
| Cash & Equiv | 15.92M | 19.30M | 21.70M | 12.12M | 13.91M | 17.30M | 8.35M | 15.58M | 13.42M | 11.28M | 18.76M | 11.48M |
| Book Value | 2.44B | 2.43B | 2.41B | 2.39B | 2.37B | 2.35B | 2.34B | 2.29B | 2.31B | 2.28B | 2.23B | 2.26B |
| Return on Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | -0.05 |
SAFE News
Safehold Closes Affordable Housing Ground Lease in San Antonio, Texas
The Ultimate SWAN Investment: Why Retirees Should Own Net Lease REITs
Head to Head Analysis: Safehold (NYSE:SAFE) vs. VICI Properties (NYSE:VICI)
Safehold Inc. $SAFE Shares Bought by Bank of America Corp DE
Safehold Inc. $SAFE Position Boosted by BlackRock Inc.
Head to Head Contrast: Safehold (NYSE:SAFE) & VICI Properties (NYSE:VICI)
Safestore downgraded by Deutsche Bank as broker flags tougher trading
Poland interested in unused EU SAFE defence funds, deputy minister says
Star Holdings Reports Second Quarter 2026 Results
Safehold Inc. $SAFE Shares Bought by First Trust Advisors LP