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Safehold Inc. (SAFE)

Real Estate | REIT - Diversified | New York, United States | NYSE
15.37 USD +0.02 (0.130%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 15.37

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 3:06 a.m. EDT

Safehold presents a classic value trap scenario where attractive metrics mask severe structural damage. While the 4.6% dividend yield and sub-10 P/E look appealing on paper, the company has lost nearly 70% of its value over the last nine years, with the stock trading at less than half its book value. This massive discount reflects the market's deep skepticism regarding the sustainability of its business model, evidenced by negative free cash flow and a history of volatile, often declining, earnings. The recent stabilization in price and the formation of a new ground-lease partnership with Brookfield offer a glimmer of hope, yet the balance sheet remains burdened with significant debt. The options market is betting on a recovery, but until the company demonstrates consistent, multi-year profitability and a path to positive cash flow, the fundamental risks outweigh the speculative upside. The dividend is currently safe due to the low payout ratio, but it cannot compensate for the capital destruction inherent in the stock's long-term trajectory.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.032829
AutoETS0.034780
AutoTheta0.034783
AutoARIMA0.045921

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 51%
H-stat 0.84
Ljung-Box p 0.000
Jarque-Bera p 0.510
Excess Kurtosis -0.82
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-06-29
Last Dividend Date 2026-06-29
Debt to Equity Ratio 176.953
Revenue per Share 6.087
Market Cap 1,088,446,208
Trailing P/E 9.55
Forward P/E 9.05
Beta 1.80
Profit Margins 26.62%
Website https://www.safeholdinc.com

As of Aug. 22, 2026, 3:06 a.m. EDT: Speculator positioning is heavily skewed toward calls, particularly out-of-the-money strikes at $17.50 and $20.00 for September and October expirations, indicating a bullish bias expecting a rebound from current lows. Conversely, put volume is negligible and concentrated only at the money or deep out-of-the-money, suggesting a lack of hedging demand or fear of further immediate downside. Implied volatility is elevated on deep OTM calls relative to puts, reflecting asymmetric speculation on upside potential.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.13% 4.88% 4.05% 3.86%
Dividend History
Date Dividend Yield %
2026-06-30 0.17700 1.127389
2026-03-31 0.17700 1.308204
2025-12-30 0.17700 1.301471
2025-09-30 0.17700 1.142673
2025-06-30 0.17700 1.137532
2025-03-31 0.17700 0.945513
2024-12-30 0.17700 0.965104
2024-09-30 0.17700 0.674800
2024-06-28 0.17700 0.917574
2024-03-27 0.17700 0.877106
2023-12-28 0.17700 0.745891
2023-09-28 0.17700 1.012007
2023-06-29 0.17700 0.768563
2023-03-29 1.10625 2.366310
2022-08-31 0.78125 1.165577
2022-05-31 0.78125 0.922414
2022-02-28 0.78125 0.638933
2021-11-30 0.78125 0.659408
2021-08-31 0.78125 0.606805
2021-05-28 0.78125 0.954789
2021-02-26 0.68750 0.797065
2020-11-30 0.68750 1.001702
2020-08-31 0.68750 1.140872
2020-05-29 0.68750 1.292223
2020-02-28 0.62500 0.848645
2019-11-15 0.62500 1.043054
2019-08-14 0.62500 1.016627
2019-05-14 0.62500 1.482679
2019-03-01 0.56250 1.329804
2018-11-14 0.56250 1.096395
2018-08-14 0.56250 1.131832
2008-07-11 5.43750 10.239047
2008-03-13 5.43750 7.225615
2007-12-27 1.56250 1.234615
2007-12-13 5.43750 3.931996
2007-10-11 5.15625 3.070435
2007-07-12 5.15625 2.487788
2007-04-12 5.15625 2.303828
2006-12-13 4.81250 2.061468
2006-10-12 4.81250 2.266575
2006-07-13 4.81250 2.580736
2006-04-11 4.81250 2.685171
2005-12-13 4.58125 2.564501
2005-10-13 4.58125 2.581382
2005-07-13 4.58125 2.281629
2005-04-13 4.58125 2.310759
2004-12-13 4.36250 2.007239
2004-10-13 4.36250 2.132870
2004-07-13 4.36250 2.276434
2004-04-13 4.36250 2.421594
2003-12-11 4.14375 2.154079
2003-10-10 4.14375 2.150270
2003-07-11 4.14375 2.254481
2003-04-11 4.14375 2.864374
2002-12-12 3.93750 2.928747
2002-10-10 3.93750 3.123243
2002-07-11 3.93750 2.984945
2002-04-11 3.93750 2.685657
2001-12-13 3.83125 3.233739
2001-10-11 3.83125 3.080595
2001-07-12 3.83125 2.831266
2001-04-11 3.83125 3.444604
2000-12-27 3.75000 3.925605
2000-10-12 3.75000 3.828075
2000-07-13 3.75000 3.735273
2000-04-12 3.75000 4.221370
1999-12-29 3.56250 4.337067
1999-10-13 2.75000 2.112000
1999-07-13 2.68750 0.895935
1999-04-13 2.62500 1.139826
1998-12-29 2.56250 0.945347
1998-10-13 2.37500 1.016500
1998-07-08 2.18750 0.907879
1993-12-06 543.75000 2127.771403
Additional Data
dividendRate 0.71
dividendYield 4.61
exDividendDate 2026-06-30
trailingAnnualDividendRate 0.708
trailingAnnualDividendYield 0.046123777
lastDividendValue 0.177
lastDividendDate 2026-06-30
dividendDate 2026-07-15

Info Dump

Attribute Value
52 Week Change -0.038774252
Address1 One Penn Plaza
Address2 51st Floor
All Time High 587.7629
All Time Low 3.212617
Ask 16.51
Ask Size 100
Audit Risk 3
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 246,880
Average Daily Volume3 Month 319,847
Average Volume 319,847
Average Volume10Days 246,880
Beta 1.797
Bid 15.29
Bid Size 500
Board Risk 5
Book Value 34.327
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.37
Current Ratio 37.645
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 15.565
Day Low 15.32
Debt To Equity 176.953
Display Name Safehold
Dividend Date 1,784,073,600
Dividend Rate 0.71
Dividend Yield 4.61
Earnings Call Timestamp End 1,785,445,200
Earnings Call Timestamp Start 1,785,445,200
Earnings Growth 0.078
Earnings Quarterly Growth 0.079
Earnings Timestamp 1,785,441,600
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda 346,017,984
Ebitda Margins 0.79287004
Enterprise To Ebitda 17.125
Enterprise To Revenue 13.578
Enterprise Value 5,925,676,032
Eps Current Year 1.62857
Eps Forward 1.69857
Eps Trailing Twelve Months 1.61
Esg Populated 0
Ex Dividend Date 1,782,777,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 930 9494
Fifty Day Average 15.9406
Fifty Day Average Change -0.5706005
Fifty Day Average Change Percent -0.03579542
Fifty Two Week Change Percent -3.8774252
Fifty Two Week High 17.45
Fifty Two Week High Change -2.0800009
Fifty Two Week High Change Percent -0.119197756
Fifty Two Week Low 12.76
Fifty Two Week Low Change 2.6099997
Fifty Two Week Low Change Percent 0.20454542
Fifty Two Week Range 12.76 - 17.45
Financial Currency USD
First Trade Date Milliseconds 627,229,800,000
Five Year Avg Dividend Yield 3.17
Float Shares 54,626,970
Forward Eps 1.69857
Forward P E 9.048788
Free Cashflow -317,175,872
Full Exchange Name NYSE
Full Time Employees 72
Fullday Change 0.0199995
Fullday Change Percent 0.13029
Fullday Price 15.37
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.92913
Gross Profits 405,484,992
Has Pre Post Market Data 1
Held Percent Insiders 0.22941
Held Percent Institutions 0.76207
Implied Shares Outstanding 70,816,280
Industry REIT - Diversified
Industry Disp REIT - Diversified
Industry Key reit-diversified
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=96452&p=irol-irhome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.177
Last Fiscal Year End 1,767,139,200
Last Split Date 1,680,220,800
Last Split Factor 16:100
Long Business Summary 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.
Long Name Safehold Inc.
Market us_market
Market Cap 1,088,446,208
Market State CLOSED
Max Age 86,400
Message Board Id finmb_427255106
Most Recent Quarter 1,782,777,600
Net Income To Common 116,174,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,087,029,898
Number Of Analyst Opinions 10
Open 15.41
Operating Cashflow 36,947,000
Operating Margins 0.73670995
Overall Risk 5
Payout Ratio 0.4398
Phone 212 930 9400
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 15.37
Post Market Time 1,787,959,805
Previous Close 15.35
Price Eps Current Year 9.437728
Price Hint 2
Price To Book 0.4477525
Price To Sales Trailing12 Months 2.494068
Profit Margins 0.2662
Quick Ratio 36.517
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.63636
Region US
Regular Market Change 0.0199995
Regular Market Change Percent 0.13029
Regular Market Day High 15.565
Regular Market Day Low 15.32
Regular Market Day Range 15.32 - 15.565
Regular Market Open 15.41
Regular Market Previous Close 15.35
Regular Market Price 15.37
Regular Market Time 1,787,947,202
Regular Market Volume 276,633
Return On Assets 0.028800001
Return On Equity 0.0464
Revenue Growth 0.2
Revenue Per Share 6.087
Sand P52 Week Change 0.20204377
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 6
Shares Outstanding 70,816,280
Shares Percent Shares Out 0.0469
Shares Short 3,320,403
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,348,584
Short Name Safehold Inc. New
Short Percent Of Float 0.087
Short Ratio 11.69
Source Interval 15
State NY
Symbol SAFE
Target High Price 28.0
Target Low Price 13.0
Target Mean Price 18.7
Target Median Price 17.0
Total Cash 15,922,000
Total Cash Per Share 0.225
Total Debt 4,659,251,200
Total Revenue 436,414,016
Tradeable 0
Trailing Annual Dividend Rate 0.708
Trailing Annual Dividend Yield 0.046123777
Trailing Eps 1.61
Trailing P E 9.546584
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 14.94795
Two Hundred Day Average Change 0.42204952
Two Hundred Day Average Change Percent 0.028234608
Type Disp Equity
Volume 276,633
Website https://www.safeholdinc.com
Zip 10,019