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Safehold inc   (SAFE)
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Price: $19.1300 $-0.01 -0.052%
Day's High: $19.47 Week Perf: 4.76 %
Day's Low: $ 19.10 30 Day Perf: -8.03 %
Volume (M): 160 52 Wk High: $ 29.44
Volume (M$): $ 3,055 52 Wk Avg: $21.35
Open: $19.14 52 Wk Low: $15.00



 Market Capitalization (Millions $) 1,282
 Shares Outstanding (Millions) 67
 Employees -
 Revenues (TTM) (Millions $) 353
 Net Income (TTM) (Millions $) -55
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 13

Safehold Inc
Safehold Inc. is a publicly-traded real estate investment trust (REIT) that was founded in 2016. The company is focused on owning and managing ground leases that are located across the United States. Safehold Inc. operates under the ticker symbol "SAFE" and is traded on the New York Stock Exchange (NYSE).

One of the key features of Safehold Inc. is its unique business model. The company's ground leases give it the right to collect rent payments from the owners of buildings that sit on the leased land. This arrangement allows Safehold Inc. to earn a steady stream of income while minimizing some of the risks associated with traditional real estate ownership.

Safehold Inc. has a diverse portfolio of ground leases that includes commercial office buildings, industrial facilities, apartment complexes, and retail centers. The company's properties are located in some of the most desirable markets in the country, including New York, Los Angeles, and Chicago. As of the end of 2020, Safehold Inc. owned 223 ground leases across 37 states.

In addition to owning and managing ground leases, Safehold Inc. also provides financing to real estate owners and developers. The company's lending business is focused on providing non-recourse loans that are secured by real estate assets.

Safehold Inc. has a strong financial position, with a market capitalization of over $4 billion as of early 2021. The company has generated steady revenue growth over the past several years, with total revenues increasing from $23.9 million in 2017 to $132.1 million in 2020.

Overall, Safehold Inc. is a unique and innovative REIT that has established itself as a major player in the real estate industry. The company's ground lease model and focus on desirable markets have enabled it to generate steady income streams while minimizing risks. As the real estate market continues to evolve, Safehold Inc. is well-positioned to continue its growth and success.


   Company Address: 1114 Avenue of the Americas, 39th Floor New York 10036 NY
   Company Phone Number: 930-9400   Stock Exchange / Ticker: NYSE SAFE
   


   

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Safehold Inc

Safehold Inc. Reports Decline in Earnings per Share for Q4 2023, Despite Showing Signs of Improvement

Safehold Inc, a Real Estate Investment Trusts company, has announced its financial results for the fourth quarter of 2023. The company reported a decline in both its top and bottom line, with earnings per share (EPS) falling by -40.15% and revenue decreasing by -13.025% compared to the previous year. The revenue for the quarter stood at $103.03 million, while the EPS was $0.53, down from $118.46 million and $0.89 respectively in the fourth quarter of 2022.
However, when compared to previous periods, Safehold Inc showed signs of improvement. The EPS turned positive from -$1.81 per share, and revenue increased by 20.414% from $85.56 million. Despite this improvement, the bottom line declined by -51.05% to $41.454 million in the fourth quarter of 2023, compared to $84.688 million in the same period the previous year.

Safehold Inc

Real Estate Investment Trusts, Safehold Inc, Experiences Significant Revenue Increase in Q2 2023 Despite Decrease in Profitability

SAFE, a Real Estate Investment Trust (REIT) company, has reported its financial results for the fiscal period ending June 30, 2023. The company announced earnings per share (EPS) of $0.35 and revenue of $78.33 million. Although the revenue increased by an impressive 64.692% compared to the same period last year, the profitability of SAFE decreased by $0.35 per share when compared to EPS of $0.38 in the previous year.
SAFE's revenue growth in the second quarter of 2023 is favorable when compared to its peers in the REIT sector, which reported an overall business elevation of 11.76% during the same period. This signifies that SAFE's revenue performance is above the industry average.

Safehold Inc

Income Tumbles by -81.58 % at the Safehold Inc in first quarter of 2023 earnings season

Safehold Inc, a real estate operations company, announced its return on equity (ROE) for the first quarter of 2023, which stood at 6.76%. While this is above the company's average ROE of -810.69%, it fell relative to the previous period due to a decline in net income. Amongst its peers in the real estate operations industry, three companies had a higher ROE than Safehold Inc.
Despite falling net income, the company's overall ROE ranking for the quarter improved to 352 from the previous quarter's ranking of 1796. Safehold Inc's net profit per share for the quarter was $0.07, while revenue for the period was $118.46 million. Although the company saw a rise in revenue of 65.667% in the first quarter of 2023, in comparison to the same three months of the prior year, its net income fell sharply to $0.07 per share from $0.38 EPS.
In contrast to the first quarter of 2023, Safehold Inc's revenue tumbled by 33.875% in the fourth quarter of 2022, from $118.46 million, and earnings per share dropped by 92.17% from $0.89 per share. Net earnings for the first quarter of 2023 were $4.716 million, which is a significant decrease of 76.78% from the corresponding period a year earlier.
In the first quarter of 2023, Safehold Inc focused on improving sales, which resulted in the net margin easing to 6.02%. Operating earnings fell by 84.88% to $2.454 million. This decrease led to a squeeze in the company's operating margin to 3.13% from 34.33% in the first quarter of 2021.






 

Safehold Inc's Segments
 
 
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Safehold Inc does not provide revenue guidance.

Earnings Outlook
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