S&P 500 7,500.58 ▲ 80.48 (+1.08%) DOW 51,564.70 ▲ 72.15 (+0.14%) NASDAQ 26,517.93 ▲ 496.28 (+1.91%) US Markets Closed â€ĸ 06:14 PM ET

SAFE

Safehold Inc.

Price Chart
Latest Quote

$15.34

+0.47 (+3.16%)
Current Price
Previous Close $14.87
Open $15.00
Day High $15.36
Day Low $15.00
Volume 312,730
Fetched: 2026-06-20T22:14:03
Stock Information
Quarterly Dividend / Yield $0.71 / 4.62%
Shares Outstanding 71.61M
Quarterly Dividend Yield 4.62%
Quarterly Dividend $0.71
Total Debt $4.70B
Cash Equivalents $19.30M
Revenue $416.66M
Net Income $113.97M
Sector Real Estate
Industry REIT - Diversified
Market Cap $1.10B
P/E Ratio 9.71
EPS (TTM) $1.58
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$5.81B
Sales$416.66M
Income$113.97M
Book/sh$33.81
Cash/sh$0.27
Employees72
Financial Ratios
Quick Ratio37.87
Current Ratio39.05
Debt/Eq191.04
EPS Growth TTM-1.70%
Returns & Margins
ROA2.87%
ROE4.71%
Gross Margin95.89%
Operating Margin72.33%
Profit Margin27.35%
Ownership
Insider Ownership22.69%
Institutional Ownership75.29%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E8.85
P/S2.64
P/B0.45
Analyst Data
Recommendationhold
Target Price$18.50
Technical Indicators
SMA20$15.25
SMA50$15.21
SMA200$14.59
RSI54.66
ATR0.5214
Shares Float55.42M
Short Float7.42%
Short Ratio7.94
Volatility1.83
Rel Volume1.87
Performance History
Week-4.66%
Month+7.88%
Quarter+7.63%
6 Months+15.60%
YTD+14.03%
Year+4.72%
3 Years-28.92%
5 Years-79.41%
10 Years-55.65%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $15.34 646,900
2026-06-17 $14.87 406,000
2026-06-16 $15.69 350,700
2026-06-15 $15.69 317,900
2026-06-12 $15.81 375,800
2026-06-11 $16.09 365,800
2026-06-10 $15.75 267,600
2026-06-09 $15.83 478,200
2026-06-08 $15.64 258,600
2026-06-05 $15.48 290,800
2026-06-04 $15.20 397,200
2026-06-03 $14.88 301,400
2026-06-02 $15.10 335,700
2026-06-01 $14.69 418,000
2026-05-29 $14.97 360,300
2026-05-28 $15.15 284,600
2026-05-27 $14.98 266,900
2026-05-26 $14.69 277,600
2026-05-22 $14.66 288,100
2026-05-21 $14.46 240,100
2026-05-20 $14.66 220,400
2026-05-19 $14.22 367,500
About Safehold Inc.

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.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $2,451,000 $1,914,000 $2,347,000 $805,000
Cost Of Revenue $4,761,000 $4,224,000 $4,653,000 $3,110,000
Total Revenue $385,552,000 $365,685,000 $352,578,000 $270,313,000
Operating Revenue $369,376,000 $344,793,000 $313,933,000 $269,075,000
Expenses
Interest Expense $206,686,000 $198,042,000 $181,011,000 $128,969,000
Total Expenses $74,208,000 $78,577,000 $82,737,000 $51,337,000
Other Income Expense $12,905,000 $20,994,000 $-141,676,000 $54,677,000
Other Non Operating Income Expenses $-3,760,000 $-1,983,000 $-17,862,000 $-10,189,000
Net Non Operating Interest Income Expense $-206,686,000 $-198,042,000 $-181,011,000 $-128,969,000
Interest Expense Non Operating $206,686,000 $198,042,000 $181,011,000 $128,969,000
Operating Expense $69,447,000 $74,353,000 $78,084,000 $48,227,000
General And Administrative Expense $54,337,000 $54,917,000 $65,444,000 $38,614,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $114,469,000 $105,763,000 $-54,973,000 $135,423,000
Net Interest Income $-206,686,000 $-198,042,000 $-181,011,000 $-128,969,000
Normalized Income $116,637,515 $105,763,000 $61,980,970 $79,612,000
Net Income From Continuing And Discontinued Operation $114,469,000 $105,763,000 $-54,973,000 $135,423,000
Total Operating Income As Reported $100,898,000 $87,083,000 $-77,075,000 $135,629,000
Net Income Common Stockholders $114,469,000 $105,763,000 $-54,973,000 $135,423,000
Net Income $114,469,000 $105,763,000 $-54,973,000 $135,423,000
Net Income Including Noncontrolling Interests $114,630,000 $106,615,000 $-54,565,000 $144,684,000
Net Income Continuous Operations $114,630,000 $106,615,000 $-54,565,000 $144,684,000
Pretax Income $117,563,000 $110,060,000 $-52,846,000 $144,684,000
Special Income Charges $-2,224,000 $0 $-148,043,000 $55,811,000
Earnings From Equity Interest $18,889,000 $22,977,000 $24,229,000 $9,055,000
Operating Income $311,344,000 $287,108,000 $269,841,000 $218,976,000
Depreciation Amortization Depletion Income Statement $8,546,000 $9,947,000 $9,936,000 $9,613,000
Depreciation And Amortization In Income Statement $8,546,000 $9,947,000 $9,936,000 $9,613,000
Gross Profit $380,791,000 $361,461,000 $347,925,000 $267,203,000
Per Share
Diluted EPS $1.59 $1.48 $-0.82 $2.17
Basic EPS $1.60 $1.48 $-0.82 $2.17
Other
Tax Effect Of Unusual Items $-55,485 $0 $-31,089,030 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $337,329,000 $320,359,000 $288,450,000 $229,760,000
Total Unusual Items $-2,224,000 $0 $-148,043,000 $55,811,000
Total Unusual Items Excluding Goodwill $-2,224,000 $0 $-148,043,000 $55,811,000
Reconciled Depreciation $10,856,000 $12,257,000 $12,242,000 $11,918,000
EBITDA (Bullshit earnings) $335,105,000 $320,359,000 $140,407,000 $285,571,000
EBIT $324,249,000 $308,102,000 $128,165,000 $273,653,000
Diluted Average Shares $71,786,000 $71,451,000 $66,690,000 $62,394,000
Basic Average Shares $71,694,000 $71,370,000 $66,690,000 $62,393,000
Diluted NI Availto Com Stockholders $114,469,000 $105,763,000 $-54,973,000 $135,423,000
Minority Interests $-161,000 $-852,000 $-408,000 $-9,261,000
Tax Provision $2,933,000 $3,445,000 $1,719,000 $0
Gain On Sale Of Ppe $0 $0 $447,000 $55,811,000
Other Special Charges $2,224,000 - - -
Impairment Of Capital Assets $0 $0 $145,365,000 $0
Restructuring And Mergern Acquisition $0 $0 $3,125,000 $12,500,000
Provision For Doubtful Accounts $6,564,000 $9,489,000 $2,704,000 $0
Selling General And Administration $54,337,000 $54,917,000 $65,444,000 $38,614,000
Other Gand A $41,788,000 $41,160,000 $42,214,000 $38,614,000
Salaries And Wages $12,549,000 $13,757,000 $23,230,000 $1,546,000
Gain On Sale Of Security - - $447,000 $55,811,000
Fetched: 2026-06-18
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $2,204,295,000 $2,135,287,000 $2,020,140,000 $1,923,753,000
Total Assets $7,249,275,000 $6,899,379,000 $6,548,314,000 $5,850,922,000
Total Non Current Assets $4,812,836,000 $4,718,456,000 $4,575,332,000 $4,274,613,000
Other Non Current Assets $12,633,000 $12,709,000 $13,649,000 $3,112,000
Non Current Deferred Assets $15,052,000 $21,693,000 $11,311,000 $4,461,000
Non Current Deferred Taxes Assets $3,516,000 $5,222,000 $7,619,000 $0
Financial Assets $21,315,000 $45,439,000 $34,864,000 $29,346,000
Goodwill And Other Intangible Assets $204,016,000 $208,731,000 $211,113,000 $217,795,000
Other Intangible Assets $204,016,000 $208,731,000 $211,113,000 $217,795,000
Current Assets $2,436,439,000 $2,180,923,000 $1,972,982,000 $1,576,309,000
Restricted Cash $9,031,000 $8,772,000 $27,979,000 $28,324,000
Prepaid Assets $0 $42,000 $2,090,000 $4,333,000
Receivables $2,403,675,000 $2,156,530,000 $1,914,441,000 $1,523,586,000
Other Receivables $2,003,931,000 $1,833,398,000 $1,622,298,000 $1,374,716,000
Loans Receivable $158,644,000 $112,359,000 $112,111,000 $0
Accounts Receivable $241,100,000 $210,773,000 $180,032,000 $148,870,000
Cash Cash Equivalents And Short Term Investments $23,733,000 $15,579,000 $28,472,000 $20,066,000
Cash And Cash Equivalents $21,705,000 $8,346,000 $18,761,000 $20,066,000
Non Current Prepaid Assets - - - -
Debt
Net Debt $4,464,182,000 $4,209,093,000 $3,935,604,000 $3,501,293,000
Total Debt $4,491,509,000 $4,227,813,000 $3,970,116,000 $3,526,830,000
Long Term Debt And Capital Lease Obligation $4,491,509,000 $4,227,813,000 $3,970,116,000 $3,526,830,000
Long Term Debt $4,485,887,000 $4,217,439,000 $3,954,365,000 $3,521,359,000
Liabilities
Total Liabilities Net Minority Interest $4,809,396,000 $4,525,352,000 $4,252,638,000 $3,686,307,000
Total Non Current Liabilities Net Minority Interest $4,673,093,000 $4,407,840,000 $4,151,497,000 $3,605,960,000
Other Non Current Liabilities $81,584,000 $80,027,000 $81,381,000 $79,130,000
Current Liabilities $136,303,000 $117,512,000 $101,141,000 $80,347,000
Payables And Accrued Expenses $136,303,000 $117,512,000 $101,141,000 $80,347,000
Interest Payable $103,656,000 $87,854,000 $68,821,000 $55,459,000
Payables $13,559,000 $13,307,000 $13,049,000 $19,468,000
Dividends Payable $13,559,000 $13,307,000 $13,049,000 $11,067,000
Other Payable - - - $5,301,000
Derivative Product Liabilities - - - -
Equity
Common Stock Equity $2,408,311,000 $2,344,018,000 $2,231,253,000 $2,141,548,000
Total Equity Gross Minority Interest $2,439,879,000 $2,374,027,000 $2,295,676,000 $2,164,615,000
Stockholders Equity $2,408,311,000 $2,344,018,000 $2,231,253,000 $2,141,548,000
Gains Losses Not Affecting Retained Earnings $42,592,000 $48,992,000 $-1,337,000 $3,281,000
Other Equity Adjustments $42,592,000 $48,992,000 $-1,337,000 $3,281,000
Retained Earnings $165,737,000 $102,472,000 $47,580,000 $151,226,000
Preferred Securities Outside Stock Equity $100,000,000 $100,000,000 $100,000,000 $0
Long Term Equity Investment $280,850,000 $250,034,000 $310,320,000 $180,388,000
Other
Ordinary Shares Number $71,756,336 $71,440,000 $71,077,000 $62,397,000
Share Issued $71,756,336 $71,440,000 $71,077,000 $62,397,000
Tangible Book Value $2,204,295,000 $2,135,287,000 $2,020,140,000 $1,923,753,000
Invested Capital $6,894,198,000 $6,561,457,000 $6,185,618,000 $5,662,907,000
Working Capital $2,300,136,000 $2,063,411,000 $1,871,841,000 $1,495,962,000
Capital Lease Obligations $5,622,000 $10,374,000 $15,751,000 $5,471,000
Total Capitalization $6,894,198,000 $6,561,457,000 $6,185,618,000 $5,662,907,000
Minority Interest $31,568,000 $30,009,000 $64,423,000 $23,067,000
Additional Paid In Capital $2,199,265,000 $2,191,840,000 $2,184,299,000 $1,986,417,000
Capital Stock $717,000 $714,000 $711,000 $624,000
Common Stock $717,000 $714,000 $711,000 $624,000
Long Term Capital Lease Obligation $5,622,000 $10,374,000 $15,751,000 $5,471,000
Current Accrued Expenses $122,744,000 $104,205,000 $88,092,000 $60,879,000
Investments And Advances $3,844,525,000 $3,704,987,000 $3,565,515,000 $3,286,987,000
Other Investments $3,563,675,000 $3,454,953,000 $3,255,195,000 $3,106,599,000
Investment Properties $688,749,000 $694,543,000 $703,937,000 $706,600,000
Net PPE $26,546,000 $30,354,000 $34,943,000 $26,312,000
Gross PPE $26,546,000 $30,354,000 $34,943,000 $26,312,000
Leases $26,085,000 $29,707,000 $33,964,000 $26,312,000
Machinery Furniture Equipment $461,000 $647,000 $979,000 $0
Properties $0 $0 $0 $0
Other Short Term Investments $2,028,000 $7,233,000 $9,711,000 $0
Dueto Related Parties Current - - - $3,100,000
Other Properties - - - $26,312,000
Fetched: 2026-06-18
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $47,814,000 $37,855,000 $15,391,000 $64,852,000
Operating Activities
Operating Cash Flow $47,814,000 $37,855,000 $15,391,000 $64,852,000
Cash Flow From Continuing Operating Activities $47,814,000 $37,855,000 $15,391,000 $64,852,000
Operating Gains Losses $-3,538,000 $-22,977,000 $-24,676,000 $-64,866,000
Investing Activities
Investing Cash Flow $-237,178,000 $-212,370,000 $-576,572,000 $-1,145,953,000
Cash Flow From Continuing Investing Activities $-237,178,000 $-212,370,000 $-576,572,000 $-1,145,953,000
Net Other Investing Changes $-45,740,000 $-1,395,000 $-111,819,000 $-819,000
Capital Expenditure - - - -
Financing Activities
Issuance Of Capital Stock $0 $0 $151,940,000 $309,160,000
Financing Cash Flow $202,982,000 $144,893,000 $559,531,000 $1,090,975,000
Cash Flow From Continuing Financing Activities $202,982,000 $144,893,000 $559,531,000 $1,090,975,000
Net Other Financing Charges $-234,429,000 $-68,102,000 $26,630,000 $-998,000
Cash Dividends Paid $-50,924,000 $-50,589,000 $-46,039,000 $-42,187,000
Common Stock Dividend Paid $-50,924,000 $-50,589,000 $-46,039,000 $-42,187,000
Net Common Stock Issuance $0 $0 $151,940,000 $309,160,000
Common Stock Issuance $0 $0 $151,940,000 $309,160,000
Dividends Received Cfi $9,528,000 $52,425,000 $0 $0
Dividend Received Cfo $7,424,000 $12,870,000 $8,003,000 $2,047,000
Other
Repayment Of Debt $-1,523,000,000 $-2,008,000,000 $-150,000,000 $-1,005,000,000
Issuance Of Debt $2,011,335,000 $2,271,584,000 $577,000,000 $1,830,000,000
Interest Paid Supplemental Data $173,749,000 $162,375,000 $151,263,000 $93,853,000
End Cash Position $30,736,000 $17,118,000 $46,740,000 $48,390,000
Beginning Cash Position $17,118,000 $46,740,000 $48,390,000 $38,516,000
Changes In Cash $13,618,000 $-29,622,000 $-1,650,000 $9,874,000
Net Issuance Payments Of Debt $488,335,000 $263,584,000 $427,000,000 $825,000,000
Net Long Term Debt Issuance $488,335,000 $263,584,000 $427,000,000 $825,000,000
Long Term Debt Payments $-1,523,000,000 $-2,008,000,000 $-150,000,000 $-1,005,000,000
Long Term Debt Issuance $2,011,335,000 $2,271,584,000 $577,000,000 $1,830,000,000
Net Investment Purchase And Sale $-176,194,000 $-259,115,000 $-307,562,000 $-1,280,656,000
Sale Of Investment $6,337,000 $45,168,000 $9,193,000 $0
Purchase Of Investment $-182,531,000 $-304,283,000 $-316,755,000 $-1,280,656,000
Net Investment Properties Purchase And Sale $4,107,000 $5,764,000 $-7,247,000 $135,529,000
Sale Of Investment Properties $4,107,000 $5,764,000 $5,831,000 $135,529,000
Purchase Of Investment Properties $0 $0 $-13,078,000 $0
Net Business Purchase And Sale $-28,879,000 $-10,049,000 $-149,944,000 $-7,000
Purchase Of Business $-28,879,000 $-10,049,000 $-149,944,000 $-7,000
Change In Working Capital $10,461,000 $13,333,000 $7,113,000 $31,118,000
Change In Other Working Capital $2,403,000 $5,263,000 $13,080,000 $11,044,000
Change In Payables And Accrued Expense $8,058,000 $8,070,000 $-5,967,000 $20,074,000
Change In Payable $8,058,000 $8,070,000 $-5,967,000 $20,074,000
Change In Account Payable $8,058,000 $8,070,000 $-5,967,000 $20,074,000
Other Non Cash Items $-113,077,000 $-107,489,000 $-104,025,000 $-61,595,000
Stock Based Compensation $12,549,000 $13,757,000 $23,230,000 $1,546,000
Provisionand Write Offof Assets $6,564,000 $9,489,000 $2,704,000 $0
Asset Impairment Charge $1,945,000 $0 $145,365,000 $0
Depreciation Amortization Depletion $10,856,000 $12,257,000 $12,242,000 $11,918,000
Depreciation And Amortization $10,856,000 $12,257,000 $12,242,000 $11,918,000
Amortization Cash Flow $2,310,000 $2,310,000 $2,306,000 $2,305,000
Amortization Of Intangibles $2,310,000 $2,310,000 $2,306,000 $2,305,000
Depreciation $8,546,000 $9,947,000 $9,936,000 $9,613,000
Earnings Losses From Equity Investments $-18,889,000 $-22,977,000 $-24,229,000 $-9,055,000
Gain Loss On Investment Securities $13,127,000 - $-447,000 $-55,811,000
Gain Loss On Sale Of PPE $0 $0 $-447,000 $-55,811,000
Net Income From Continuing Operations $114,630,000 $106,615,000 $-54,565,000 $144,684,000
Net PPE Purchase And Sale - - - -
Purchase Of PPE - - - -
Fetched: 2026-06-18