Safehold (SAFE US)
SAFE US$10.97
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Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 10.97
- Change
- ▼ -0.40 (-3.52)
- Bid / Ask
- 10.96 - 10.98
- Volume
- 358,294
- Turnover
- 3,610,490
- Open
- 11.30
- Day Range
- 10.76 - 11.34
- VWAP
- 10.98
- Prev Close
- 11.37
- Last Trade
- 28/10 4:10pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Real Estate
- Shares Issued
- 70,816,280
- NTA/Share
- 31.16
- Last Dividend
- 0.18
- Dividend Ex Date
- 30 SEP 2026
- Dividend Pay Date
- 15 OCT 2026
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 385.55
- EBITDA
- 335.11
- Profit
- 114.47
- Earnings Per Share (EPS)
- 1.59
- Dividend Per Share (DPS)
- 0.71
- Yield %
- 6.30
- Market Cap
- 776.85
- Price to Earnings Ratio (P/E)
- 6.81
Estimates (USD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- 473.30
- EBITDA
- —
- Profit
- 112.60
- Earnings Per Share (EPS)
- 1.58
- Dividend Per Share (DPS)
- 0.73
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Undervalued
- Economic Moat
- None
- Financial Health
- Moderate
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 23 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 13.07 Fair value 16.12 One-star price 19.90
Morningstar Quantitative Rating as of 23 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 16.12
- Price / Fair Value
- 0.70
- Valuation
- Undervalued
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 23 OCT 2026. The slider runs from the five-star price (13.07) to the one-star price (19.90).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 11.23 |
| Price - 12 month high | 17.37 |
| Price - 12 month low | 10.62 |
| Pricing date | 22 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 0.67 |
| Market capitalization | 795.27 |
| 12 Month High price date | 17 JUL 2026 |
| 12 Month Low price date | 21 OCT 2026 |
| Volume - avg. trading volume for the last 3 months | 0.46 |
| Price - 1 Day % Change | -0.88% |
| Price - 13 week price percent change | -30.07% |
| Price - 26 week price percent change | -28.61% |
| Price - 5 Day % Change | -0.97% |
| Price - 52 week price percent change | -27.69% |
| Price - YTD price percent change | -17.43% |
| Price % Change Month To Date | -13.01% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 1.590 |
| EPS excluding extraordinary items - trailing 12 month | 1.610 |
| EPS Normalized - most recent fiscal year | 1.995 |
| Revenue/share - most recent fiscal year | 5.371 |
| Revenue/share - trailing 12 month | 5.842 |
| Book value per share - most recent fiscal year | 33.562 |
| Book value per share - most recent quarter | 34.327 |
| Book value (tangible) per share - most recent fiscal year | 31.159 |
| Book value (tangible) per share - most recent quarter | 34.209 |
| Cash per share - most recent fiscal year | 0.302 |
| Cash per share - most recent quarter | 0.224 |
| Cash Flow per share - most recent fiscal year | 0.520 |
| Cash Flow per share - trailing 12 month | 0.706 |
| Dividend per share - most recent fiscal year | 0.708 |
| Dividends per share - trailing 12 month | 0.708 |
| EBITD per share - trailing 12 month | 4.788 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 1.600 |
| EPS Basic excluding extraordinary items - trailing 12 month | 1.620 |
| EPS including extraordinary items - most recent fiscal year | 1.600 |
| EPS including extraordinary items - trailing 12 month | 1.620 |
| Free Cash Flow per share - trailing 12 month | 0.706 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 6.98 |
| P/E Normalized, most recent fiscal year | 6.18 |
| Price to sales - most recent fiscal year | 1.92 |
| Price to Tangible Book - most fiscal year | 0.36 |
| Price to Free Cash Flow per Share - most recent fiscal year | 15.91 |
| Price to Cash Flow per share - trailing 12 month | 15.91 |
| Price to Book - most recent fiscal year | 0.33 |
| P/E excluding extraordinary items high, trailing 12 months | 11.06 |
| P/E excluding extraordinary items low, trailing 12 months | 6.62 |
| Net Debt, LFI | 4,543.33 |
| Net Debt, LFY | 4,467.78 |
| Dividend Yield - 5 Year Average | 2.65% |
| Dividend Yield - indicated annual dividend divided by closing price | 6.25% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 6.30% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 37.35 |
| LT debt/equity - most recent fiscal year | 184.09% |
| Payout ratio - most recent fiscal year | 44.53% |
| Total debt/total equity - most recent fiscal year | 184.09% |
| LT debt/equity - most recent quarter | 173.15% |
| Total debt/total equity - most recent quarter | 173.15% |
| Free Cash Flow - trailing 12 month | 50.70 |
| Payout ratio - trailing 12 month | 65.96% |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 385.55 |
| Revenue - trailing 12 month | 419.53 |
| EBITD - most recent fiscal year | 335.11 |
| EBITD - trailing 12 month | 343.84 |
| Earnings before taxes - most recent fiscal year | 117.56 |
| Earnings before taxes - trailing 12 month | 120.14 |
| Net Income available to common - most recent fiscal year | 114.47 |
| Net Income available to common - trailing 12 months | 116.17 |
| Earnings before taxes Normalized - most recent fiscal year | 147.41 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 1.82 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 29.73% |
| Net Profit Margin % - trailing 12 month | 27.86% |
| Operating margin - 1st historical fiscal year | 80.75% |
| Operating margin - trailing 12 month | 76.54% |
| Pretax margin - trailing 12 month | 28.64% |
| Pretax margin - 1st historical fiscal year | 30.49% |
| Operating Margin - 5 year average | 78.98% |
| Pretax Margin - 5 year average | 27.67% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 10.28% |
| Free Operating Cash Flow/Revenue, TTM | 12.08% |
| Net Profit Margin - 5 year average | 27.23% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 1.62% |
| Return on average assets - trailing 12 month | 1.61% |
| Return on average equity - most recent fiscal year | 4.83% |
| Return on average equity - trailing 12 month | 4.85% |
| Return on average assets - 5 year average | 1.40% |
| Return on average equity - 5 year average | 3.82% |
| Net Income/employee - most recent fiscal year | 1,592,083.33 |
| Revenue/employee - most recent fiscal year | 5,354,888.89 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 19.93% |
| EPS growth rate, 5 year | 6.33% |
| Growth rate% - dividend, 3 year | 0.33% |
| Revenue/share (5 yr growth) | 11.87% |
| Growth rate% - Revenue, 3 year | 12.57% |
| Growth rate% - EPS, 3 year | -9.85% |
| Book value per share growth rate, 5 year | 5.30% |
| Capital Spending growth rate, 5 year | — |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | 19.78% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | ||||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
No opinions for this company yet.
Action
No actions for this company yet.
Business Summary
Safehold Inc is a REIT that operates its business by acquiring, managing, and capitalizing ground leases. Ground leases are long-term contracts between the landlord (the Company) and a tenant or leaseholder. Ground leases generally represent ownership of the land underlying commercial real estate projects that are net leased by the fee owner of the land to the owners/operators of the real estate projects built thereon.
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