Safehold (SAFE) to Release Quarterly Earnings on Monday

Safehold (NYSE:SAFE) is projected to release its Q1 2025 earnings data before the market opens on Monday, May 5th. Analysts expect Safehold to post earnings of $0.42 per share and revenue of $95.55 million for the quarter.

Safehold (NYSE:SAFE) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.36. Safehold had a net margin of 28.92% and a return on equity of 4.76%. During the same period in the prior year, the company earned $0.36 earnings per share. On average, analysts expect Safehold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Safehold Stock Down 1.6 %

Shares of Safehold stock opened at $15.10 on Monday. Safehold has a 52-week low of $13.68 and a 52-week high of $28.80. The company has a 50 day moving average of $17.24 and a 200 day moving average of $18.78. The company has a quick ratio of 36.59, a current ratio of 36.59 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $1.08 billion, a P/E ratio of 10.20 and a beta of 1.63.

Safehold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.177 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.71 dividend on an annualized basis and a yield of 4.69%. Safehold’s dividend payout ratio is currently 47.30%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SAFE. Morgan Stanley cut shares of Safehold from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $30.00 to $19.00 in a report on Wednesday, January 15th. The Goldman Sachs Group cut their price objective on shares of Safehold from $29.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Mizuho cut their price objective on shares of Safehold from $25.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, April 3rd. JMP Securities reissued a “market outperform” rating and set a $35.00 price objective on shares of Safehold in a report on Thursday, February 6th. Finally, Wedbush reissued a “neutral” rating and set a $20.00 price objective on shares of Safehold in a report on Monday, March 31st. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $25.50.

About Safehold

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.