Wedbush Has Bullish Estimate for Safehold Q2 Earnings

Safehold Inc. (NYSE:SAFE) – Equities researchers at Wedbush raised their Q2 2025 earnings per share estimates for shares of Safehold in a research report issued on Monday, November 4th. Wedbush analyst R. Anderson now forecasts that the company will post earnings of $0.39 per share for the quarter, up from their prior estimate of $0.38. Wedbush currently has a “Neutral” rating and a $23.00 price target on the stock. The consensus estimate for Safehold’s current full-year earnings is $1.57 per share.

Safehold (NYSE:SAFE) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.37 EPS for the quarter, meeting the consensus estimate of $0.37. Safehold had a return on equity of 4.79% and a net margin of 32.08%. The business had revenue of $90.70 million for the quarter, compared to the consensus estimate of $89.45 million. During the same period in the previous year, the business earned $0.33 earnings per share. The business’s revenue was up 6.0% on a year-over-year basis.

SAFE has been the topic of several other research reports. The Goldman Sachs Group reduced their price objective on shares of Safehold from $38.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. JMP Securities reiterated a “market outperform” rating and issued a $35.00 price target on shares of Safehold in a report on Tuesday, October 29th. Raymond James raised shares of Safehold from a “market perform” rating to an “outperform” rating and set a $34.00 price objective for the company in a report on Thursday, September 19th. Royal Bank of Canada lifted their target price on Safehold from $30.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Truist Financial boosted their target price on Safehold from $21.00 to $22.00 and gave the stock a “hold” rating in a research report on Monday, August 5th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $28.22.

Safehold Stock Down 2.5 %

NYSE SAFE opened at $20.67 on Wednesday. Safehold has a 12 month low of $16.27 and a 12 month high of $28.80. The company has a current ratio of 37.83, a quick ratio of 37.83 and a debt-to-equity ratio of 1.85. The stock has a market cap of $1.48 billion, a PE ratio of 12.16 and a beta of 1.68. The stock’s 50 day moving average is $24.79 and its 200 day moving average is $22.04.

Hedge Funds Weigh In On Safehold

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Safehold by 1.8% in the first quarter. Vanguard Group Inc. now owns 7,861,603 shares of the company’s stock worth $161,949,000 after buying an additional 141,245 shares during the last quarter. Long Pond Capital LP lifted its holdings in shares of Safehold by 14.9% in the 2nd quarter. Long Pond Capital LP now owns 2,662,579 shares of the company’s stock worth $51,361,000 after acquiring an additional 345,661 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Safehold by 3.2% during the 2nd quarter. Sei Investments Co. now owns 670,065 shares of the company’s stock worth $12,926,000 after purchasing an additional 20,483 shares during the period. Bank of New York Mellon Corp grew its holdings in Safehold by 7.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 470,708 shares of the company’s stock valued at $9,080,000 after purchasing an additional 34,404 shares during the last quarter. Finally, Peregrine Capital Management LLC grew its holdings in Safehold by 10.0% during the 2nd quarter. Peregrine Capital Management LLC now owns 385,858 shares of the company’s stock valued at $7,443,000 after purchasing an additional 35,046 shares during the last quarter. Institutional investors own 70.38% of the company’s stock.

Safehold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.177 dividend. This represents a $0.71 annualized dividend and a dividend yield of 3.43%. The ex-dividend date was Monday, September 30th. Safehold’s payout ratio is 41.18%.

Safehold Company Profile

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, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.