SAFE
Safehold Inc.
$14.66
+0.20
(+1.38%)
Mkt Cap
1.05B
Volume
172,771
52W Range
12.76-17.16
Sector
Real Estate
Beta
1.89
EPS (TTM)
1.59
P/E Ratio
9.22
Revenue (TTM)
392.62M
Rev Growth (5Y)
+19.4%
EPS Growth (5Y)
+6.5%
AlphaVal · Fair Value
$45.15
Undervalued · Strong
67.5% below fair value
AlphaQuality · Grade
D
Real Estate Investment Trust
36.3 / 100 composite
Company Description
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.
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) | N/A | N/A |
| FCF / Share | 0.67 | 0.53 | 0.23 | 1.03 | -21.75 | 0.10 | -132.03 | -11.70 | -6.89 | -9.24 | N/A | N/A |
| Operating CF | 47.81M | 37.85M | 15.39M | 64.85M | 26.92M | 61.76M | (1.96M) | (24.13M) | 80.21M | 5.48M | N/A | N/A |
| Total Assets | 7.25B | 6.90B | 6.55B | 5.85B | 4.52B | 3.21B | 2.57B | 979.74M | 728.51M | 155.67M | N/A | N/A |
| Total Debt | 4.49B | 4.23B | 3.97B | 3.53B | 2.70B | 1.69B | 1.38B | 543.97M | 307.07M | 3.55B | N/A | N/A |
| Cash & Equiv | 21.70M | 8.35M | 18.76M | 20.07M | 29.62M | 56.95M | 22.70M | 16.42M | 168.21M | 328.74M | N/A | N/A |
| Book Value | 2.41B | 2.34B | 2.23B | 2.14B | 1.68B | 1.38B | 1.09B | 355.35M | 355.94M | 154.09M | N/A | N/A |
| Return on Equity | 0.05 | 0.05 | -0.02 | 0.06 | 0.04 | 0.04 | 0.03 | 0.03 | 0.49 | 0.04 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 104.75M | 97.87M | 96.16M | 93.84M | 97.68M | 91.87M | 90.70M | 89.89M | 93.21M | 103.03M | 85.56M | 85.66M |
| Net Income | 28.86M | 27.88M | 29.28M | 27.95M | 29.36M | 26.04M | 19.33M | 29.66M | 30.73M | 41.18M | (122.97M) | 22.13M |
| EPS | 0.40 | 0.39 | 0.41 | 0.39 | 0.41 | 0.36 | 0.27 | 0.42 | 0.43 | 0.58 | -1.81 | 0.35 |
| Free Cash Flow | (8.60M) | 12.32M | (1.41M) | 28.00M | 8.90M | 7.90M | 8.26M | 24.76M | (3.06M) | 18.86M | 168,000 | (2.66M) |
| FCF / Share | -0.12 | 0.17 | -0.02 | 0.39 | 0.12 | 0.11 | 0.12 | 0.35 | -0.04 | 0.27 | 0.00 | -0.04 |
| Operating CF | (8.60M) | 12.32M | (1.41M) | 28.00M | 8.90M | 7.90M | 8.26M | 24.76M | (3.06M) | 23.06M | 1.80M | (2.66M) |
| Total Assets | 7.38B | 7.25B | 7.15B | 7.06B | 6.93B | 6.90B | 6.81B | 6.77B | 6.67B | 6.55B | 6.44B | 6.42B |
| Total Debt | 4.60B | 4.49B | 4.42B | 4.35B | 4.25B | 4.23B | 4.21B | 4.10B | 4.06B | 3.97B | 3.95B | 4.00B |
| Cash & Equiv | 19.30M | 21.70M | 12.12M | 13.91M | 17.30M | 8.35M | 15.58M | 13.42M | 11.28M | 18.76M | 11.48M | 14.28M |
| Book Value | 2.43B | 2.41B | 2.39B | 2.37B | 2.35B | 2.34B | 2.29B | 2.31B | 2.28B | 2.23B | 2.26B | 2.20B |
| Return on Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | -0.05 | 0.01 |
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