Safehold Inc. · REIT (real estate trust)

SAFE

Low riskNext report: In 7 days (est.)

View price ↗

The short version

A profitable company with growing sales.

Going well

Sales up 22% in the latest quarter vs a year ago
Pays a 6.4% dividend yield
Profitable, keeps 30% of sales as profit

Money moves

No insider buying or selling in the last 30 days
Institutions added 0.6% to their holdings in the quarter ending June 2026 (106 bought, 93 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$11.14-0.9% that day

Company value: $789M; Share price times all shares
Price vs profit (P/E): 6.9x; You pay about $7 for each $1 of yearly profit
Price vs sales: 1.9x; Company value is 1.9 times a year of sales
Dividend yield: 6.4%; Yearly dividend as a share of today's price
Cash vs value: 2%; Cash as a share of company value
Debt vs value: 581%; Owes more than the whole company is worth

From SAFE's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$114.6M+22% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $419.5M, up 12% from the 12 months before. Over 5 years, sales grew about 3.5% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of SAFE. Starting points are the company's recent numbers.

Sales growth+12% a yearRecently: +12% a yearProfit margin28%Last 12 months: 27.7%P/E at the end8xToday: 6.9x. Many steady companies trade at 12x to 25xShare count change+5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$739M

Profit in 5 years$207M

Price these guesses point to$18.32+64% vs $11.14 todayAbout +10% a year, before dividends

What today's price needs: with a 28% margin and a 8x P/E, sales would have to grow about 1.4% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

2/6Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.4.8%
MissDebt under half of equityNot relying on borrowed money.1.90x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.29.7%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$47.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+15.1% in 3 years

Revenue: $385.6M; +5.4% vs prior year
5-year growth: +3.5%/yr; revenue, per year
Total debt: $4.6B; 1.90x equity
Free cash flow: $47.8M; 12.4% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.