Safehold Inc.

SAFE

US78646V1070

Diversified REITs

End-of-day quote Nyse Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
18.21 ^USD	-0.98%		-3.96%	-22.18%

Apr. 17	JPMorgan Adjusts Price Target on Safehold to $21 From $23, Maintains Neutral Rating	MT
Apr. 15	Safehold Inc. Closes New $2.0 Billion Unsecured Revolving Credit Facility, Which Replaces Existing Aggregate $1.85 Billion Unsecured Revolving Credit Facilities	CI

Safehold Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 12, 2024 at 04:17 pm EST

Safehold Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 71.29 million compared to USD 66.82 million a year ago. Revenue was USD 352.58 million compared to USD 270.31 million a year ago.

Net loss was USD 54.97 million compared to net income of USD 135.42 million a year ago. Basic loss per share from continuing operations was USD 0.82 compared to basic earnings per share from continuing operations of USD 2.17 a year ago. Diluted loss per share from continuing operations was USD 0.82 compared to diluted earnings per share from continuing operations of USD 2.17 a year ago.

Latest news about Safehold Inc.

JPMorgan Adjusts Price Target on Safehold to $21 From $23, Maintains Neutral Rating	Apr. 17	MT
Safehold Inc. Closes New $2.0 Billion Unsecured Revolving Credit Facility, Which Replaces Existing Aggregate $1.85 Billion Unsecured Revolving Credit Facilities	Apr. 15	CI
Safehold Keeps Quarterly Dividend at $0.177 Per Share, Payable April 15 to Shareholders of Record March 28	Mar. 15	MT
Safehold Inc. Declares Common Stock Dividend for the First Quarter of 2024, Payable on April 15, 2024	Mar. 15	CI
Truist Securities Adjusts Safehold Price Target to $21 From $22, Maintains Hold Rating	Mar. 11	MT
Mizuho Securities Cuts Price Target on Safehold to $22 From $25, Maintains Buy Rating	Mar. 07	MT
Safehold Prices $300 Million Senior Notes Offering	Mar. 01	MT
RBC Trims Price Target on Safehold to $32 From $33, Keeps Outperform Rating	Feb. 15	MT
Wedbush Adjusts Safehold's Price Target to $20 From $25, Keeps Neutral Rating	Feb. 14	MT
Transcript : Safehold Inc., Q4 2023 Earnings Call, Feb 13, 2024	Feb. 13
Safehold's Q4 Adjusted Earnings Decline; Revenue Rises	Feb. 12	MT
Safehold Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 12	CI
Safehold Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 12	CI
JMP Securities Starts Safehold With Market Outperform Rating, $35 Price Target	Jan. 23	MT
Sixth Street appoints Alvarado to run US real estate investments	Jan. 17	RE
Safehold Names Replacement for Outgoing Chief Investment Officer	Jan. 16	MT
Safehold Inc. Announces Management Changes	Jan. 16	CI
Jefferies Starts Coverage on Safehold with Buy Rating, $33 Price Target	Jan. 04	MT
JPMorgan Raises Price Target on Safehold to $23 From $17, Keeps Neutral Rating	Dec. 28	MT
Safehold Maintains Quarterly Dividend at $0.177 a Share, Payable Jan. 16 to Shareholders of Record Dec. 29	Dec. 15	MT
Safehold Inc. Declares Dividend for the Fourth Quarter of 2023, Payable on January 16, 2024	Dec. 15	CI
Transcript : Safehold Inc. Presents at Goldman Sachs 2023 US Financial Services Conference, Dec-06-2023 02:18 PM	Dec. 06
Goldman Sachs Adjusts Price Target on Safehold to $25 From $22, Maintains Buy Rating	Dec. 01	MT
Safehold Inc. Closes Ground Lease for Affordable Housing Development in Santa Clara, California	Nov. 28	CI
Safehold Inc. Announces Executive Changes	Nov. 27	CI

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Company Profile

Safehold Inc. is a real estate investment trust (REIT). The Company helps owners of multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties to generate higher returns. The Company operates its business through one reportable segment by acquiring, managing and capitalizing ground leases. Its primary investment objective is to construct a diversified portfolio of Ground Leases that is focused on generating attractive quality risk-adjusted returns and support stable and growing distributions to its shareholders. The Companyâs portfolio is comprised of Ground Leases and one master lease (relating to five hotel assets that is Companyâs Park Hotels Portfolio). Its portfolio of properties is located across Manhattan; Washington, District of Columbia (DC); Boston; Los Angeles; San Francisco; Denver; Honolulu; Nashville; Miami and Atlanta.

Sector

Diversified REITs

Calendar

2024-05-05 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Safehold Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

18.21 USD

Average target price

27.33 USD

Spread / Average Target

+50.10%

Consensus

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Diversified REITs

Safehold Inc.

Equities

SAFE

US78646V1070

Diversified REITs

Safehold Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

EPS Revisions