Wedbush restated their neutral rating on shares of Safehold (NYSE:SAFE – Free Report) in a research report released on Friday,Benzinga reports. They currently have a $19.00 price target on the stock, down from their previous price target of $20.00. Wedbush also issued estimates for Safehold’s Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.40 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.39 EPS and FY2026 earnings at $1.63 EPS.
A number of other equities research analysts have also recently commented on SAFE. The Goldman Sachs Group decreased their target price on shares of Safehold from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada increased their price objective on Safehold from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. JMP Securities reissued a “market outperform” rating and issued a $35.00 price objective on shares of Safehold in a research report on Thursday. Mizuho upped their target price on Safehold from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Finally, Morgan Stanley downgraded Safehold from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $30.00 to $19.00 in a report on Wednesday, January 15th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Safehold has an average rating of “Hold” and an average price target of $25.56.
Get Our Latest Stock Analysis on SAFE
Safehold Trading Down 3.2 %
Safehold (NYSE:SAFE – Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.36 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 firm earned $0.36 earnings per share. As a group, equities research analysts predict that Safehold will post 1.59 earnings per share for the current fiscal year.
Safehold Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, December 30th were issued a dividend of $0.177 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend was Monday, December 30th. Safehold’s dividend payout ratio (DPR) is 47.97%.
Institutional Trading of Safehold
A number of hedge funds and other institutional investors have recently made changes to their positions in SAFE. Smartleaf Asset Management LLC boosted its holdings in Safehold by 268.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,400 shares of the company’s stock valued at $26,000 after purchasing an additional 1,020 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Safehold by 108.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,766 shares of the company’s stock valued at $46,000 after buying an additional 920 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Safehold by 35.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,802 shares of the company’s stock worth $47,000 after acquiring an additional 471 shares during the period. KBC Group NV raised its position in Safehold by 79.3% during the third quarter. KBC Group NV now owns 2,883 shares of the company’s stock valued at $76,000 after acquiring an additional 1,275 shares in the last quarter. Finally, Vestcor Inc acquired a new position in Safehold in the third quarter valued at approximately $110,000. Institutional investors and hedge funds own 70.38% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Safehold
- Why Are These Companies Considered Blue Chips?
- 3 Volatility ETFs to Help You Profit from Market Chaos
- NYSE Stocks Give Investors a Variety of Quality Options
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- Trading Stocks: RSI and Why it’s Useful
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Receive News & Ratings for Safehold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safehold and related companies with MarketBeat.com's FREE daily email newsletter.