# Safehold share price today (Safehold Inc., SAFE)

> Safehold Inc.'s earnings have grown faster than its share price. Earnings per share grew +7.4% in a year while the price moved −22.2%. SAFE · Real Estate · REIT - Diversified · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/safe

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $11.23 (−22.2% in a year)
- P/E: 7.0× (lower than 100% of the last 1 year)
- Revenue (Jun 2026): $119 M (+20.0% on a year ago)
- Profit (Jun 2026): $30.2 M (+7.9% on a year ago)
- Operating margin: 73.7% (−7.4 points on a year ago)
- ROE: 5%, FY25
- ROIC: 4.5%, against a 5.7% cost of capital: −1.2 points

The main question: profits are rising, but only 42% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Safehold share price today? Safehold Inc.'s share price was $11.23 at the close on 3 November 2026. That is 23.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $17, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 10 weeks running. Over the last 1 year the share price moved −27% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Safehold pay? Safehold Inc. paid $0.71 per share over the last four reported quarters. The most recent declaration was $0.18 for Jun 2026. At today's price of $11.23 that is a yield of 6.32%, based on dividends already paid, not a forecast. ## Which stock lists is Safehold on? Safehold is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Safehold profitable? Safehold Inc. earned $30.2 M of net profit in the Jun 2026 quarter, +7.9% on the same quarter a year earlier. Full-year FY25 profit was $114 M. Over 4 years profit has grown 11.9% a year on average. That is 25.4% of the quarter's revenue. The same quarter a year earlier earned $27.9 M. 1 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $114 M (+8.2% on the year before). Why profit moved: revenue changed +20.0% on a year earlier and the margin moved −7.4 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +16.2% and revenue +10.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Safehold make, and is it growing? Safehold Inc. reported $119 M of revenue in the Jun 2026 quarter, +20.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 20.3% a year on average. The last full year, FY25, came in at $404 M. The last four reported quarters add to $436 M. FY25 revenue was $404 M, +4.1% on the year before. Recent pace: the last four quarters grew +10.8% on average, against 20.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.9%, against +6.5% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Safehold keep? Safehold Inc.'s operating margin was 73.7% in the Jun 2026 quarter, 7.4 percentage points lower than the same quarter a year ago. Across 5 years it has been between 71.3% and 81.5%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is Safehold's profit turning into cash? Over the last 3 years, 42% of Safehold Inc.'s reported profit came in as cash from its operations, a gap worth watching. In FY25 it brought in $47.8 M of operating cash against $114 M of profit. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Safehold's cash go? Safehold Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Safehold's P/E ratio, and how does it compare with its own history? Safehold Inc.'s P/E is 7.0×, about the lowest it has ever been. Its usual P/E (the middle reading) is 9.5×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +7.4% while the price moved −22.2%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Safehold business getting better or worse? Safehold Inc.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 7.8%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Safehold earn on its capital? Safehold Inc. earned a ROE of 5% in FY25. That is up from a low of −2% in FY23. Its return on capital used (ROIC) is 1.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 28.3% net margin and 0.06× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 28.3% net margin × 0.06× asset turnover × 2.97× leverage (assets divided by equity) ≈ 5.0% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.5% − 5.7% = −1.2 percentage points. The 5.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Safehold have too much debt? Safehold Inc. has total debt of $4.7 B against shareholder equity of $2.6 B as of Jun 2026, so its debt is 1.77× its equity. Year by year, that ratio went from 1.60 in FY21 to 1.88 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Safehold shareholding pattern? 5.9% of Safehold Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Safehold from balance-sheet trouble? For Safehold Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Safehold rank in its industry? 40.2 out of 100, rank 9 of 13 in REIT - Diversified, with 80% of the evidence available. Safehold Inc. scores 40.2 out of 100 against the 13 companies it is compared with in REIT - Diversified, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.1 + 15 + 8.6 + 0.5 = 40.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Safehold compared with? Safehold ranks 9 of 13 REIT - Diversified companies on the 4-Factor Sector Score, with 40.2 out of 100. 1. [W. P. Carey Inc.](https://www.sectoralpha.in/us/stocks/wpc) WPC · basing · Evidence leans up · 80% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Income 11.3% · Profit 93.5% · 81% evidence Capital efficiency 18.0/25 · ROA 3.4% · ROE 8.6% · GNPA n/a · 68% evidence Valuation 8.8/20 · P/BV 1.83× · P/BV÷ROE 0.21 · 70% evidence Relative strength 8.1/20 · Lead over its industry -1.2% · Lead over S&P 500 -12.1% · 1 year -4.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.9 + 18 + 8.8 + 8.1 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [VICI Properties Inc.](https://www.sectoralpha.in/us/stocks/vici) VICI · basing · Evidence leans up · 80% evidence 61.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Income 4.4% · Profit 0.3% · 81% evidence Capital efficiency 19.4/25 · ROA 5.8% · ROE 12.5% · GNPA n/a · 68% evidence Valuation 16.2/20 · P/BV 0.98× · P/BV÷ROE 0.08 · 70% evidence Relative strength 7.6/20 · Lead over its industry -4% · Lead over S&P 500 -14.8% · 1 year -19.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.7 + 19.4 + 16.2 + 7.6 = 61.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [One Liberty Properties, Inc.](https://www.sectoralpha.in/us/stocks/olp) OLP · basing · Evidence leans up · 80% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Income 9.6% · Profit 22.2% · 81% evidence Capital efficiency 16.2/25 · ROA 2.7% · ROE 8.4% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 1.75× · P/BV÷ROE 0.21 · 70% evidence Relative strength 11.3/20 · Lead over its industry 3.2% · Lead over S&P 500 -8.1% · 1 year 6.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.2 + 16.2 + 9.8 + 11.3 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [CTO Realty Growth, Inc.](https://www.sectoralpha.in/us/stocks/cto) CTO · quiet · Evidence leans up · 69% evidence 52.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Income 13.4% · Profit n/a · 52% evidence Capital efficiency 11.9/25 · ROA 2% · ROE 4.3% · GNPA n/a · 68% evidence Valuation 6.8/20 · P/BV 1.1× · P/BV÷ROE 0.26 · 70% evidence Relative strength 11.2/20 · Lead over its industry 7.7% · Lead over S&P 500 -3.8% · 1 year 15% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23 + 11.9 + 6.8 + 11.2 = 52.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Broadstone Net Lease, Inc.](https://www.sectoralpha.in/us/stocks/bnl) BNL · basing · Evidence leans up · 80% evidence 52.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Income 7.5% · Profit 48.5% · 81% evidence Capital efficiency 15.1/25 · ROA 2.7% · ROE 6.1% · GNPA n/a · 68% evidence Valuation 8.5/20 · P/BV 1.32× · P/BV÷ROE 0.22 · 70% evidence Relative strength 6.5/20 · Lead over its industry -1% · Lead over S&P 500 -11.9% · 1 year -0.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.1 + 15.1 + 8.5 + 6.5 = 52.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Gladstone Commercial Corporation](https://www.sectoralpha.in/us/stocks/good) GOOD · quiet · Evidence leans up · 80% evidence 50.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.4/35 · Income 10.4% · Profit -20% · 81% evidence Capital efficiency 15.8/25 · ROA 3.4% · ROE 8.3% · GNPA n/a · 68% evidence Valuation 7.7/20 · P/BV 1.82× · P/BV÷ROE 0.22 · 70% evidence Relative strength 9.5/20 · Lead over its industry 1.7% · Lead over S&P 500 -9.2% · 1 year 5.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.4 + 15.8 + 7.7 + 9.5 = 50.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [FrontView REIT, Inc.](https://www.sectoralpha.in/us/stocks/fvr) FVR · quiet · Evidence leans down · 69% evidence 44.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Income 6.2% · Profit n/a · 52% evidence Capital efficiency 8.0/25 · ROA 1.3% · ROE 0.3% · GNPA n/a · 68% evidence Valuation 3.8/20 · P/BV 0.87× · P/BV÷ROE 2.89 · 70% evidence Relative strength 15.2/20 · Lead over its industry 14.9% · Lead over S&P 500 2.6% · 1 year 43.7% · 100% evidence · 2 of 12 weeks ahead Exact sum: 17 + 8 + 3.8 + 15.2 = 44 · What this means: Relative strength against the index is 2.6%, and revenue and profit growth are weak. 8. [American Assets Trust, Inc.](https://www.sectoralpha.in/us/stocks/aat) AAT · quiet · Evidence leans down · 80% evidence 40.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.2/35 · Income -2.9% · Profit -75.7% · 81% evidence Capital efficiency 13.3/25 · ROA 2.2% · ROE 2.5% · GNPA n/a · 68% evidence Valuation 4.6/20 · P/BV 1.44× · P/BV÷ROE 0.57 · 70% evidence Relative strength 16.3/20 · Lead over its industry 10.7% · Lead over S&P 500 -1.2% · 1 year 12.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 6.2 + 13.3 + 4.6 + 16.3 = 40.4 · What this means: Relative strength against the index is -1.2%, and revenue and profit growth are weak. 9. Safehold Inc. this page SAFE · basing · Evidence leans down · 80% evidence 40.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Income 10.9% · Profit 13.7% · 81% evidence Capital efficiency 15.0/25 · ROA 2.8% · ROE 4.7% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 0.43× · P/BV÷ROE 0.09 · 70% evidence Relative strength 0.5/20 · Lead over its industry -16.7% · Lead over S&P 500 -26.1% · 1 year -15.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.1 + 15 + 8.6 + 0.5 = 40.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [JBG SMITH Properties](https://www.sectoralpha.in/us/stocks/jbgs) JBGS · basing · Too little evidence to rank firmly · 57% evidence 37.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Income -1.4% · Profit n/a · 52% evidence Capital efficiency 4.0/25 · ROA 0.1% · ROE -5.6% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 0.54× · P/BV÷ROE n/a · 10% evidence Relative strength 7.2/20 · Lead over its industry -14.1% · Lead over S&P 500 -24% · 1 year -37.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.9 + 4 + 9.8 + 7.2 = 37.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Global Net Lease, Inc.](https://www.sectoralpha.in/us/stocks/gnl) GNL · quiet · Too little evidence to rank firmly · 57% evidence 37.4 out of 100 Growth Capital Valuation Relative
12. [Empire State Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/esrt) ESRT · turning · Most evidence points down · 80% evidence 32.8 out of 100 Growth Capital Valuation Relative
13. [AH REALTY TRUST INC](https://www.sectoralpha.in/us/stocks/ahrt) AHRT · basing · Too little evidence to rank firmly · 47% evidence 53.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [REIT - Diversified](https://www.sectoralpha.in/us/sectors/reit-diversified), all 13 compared on one page. ## Which companies are close to Safehold in size? Safehold is the 8th largest of 13 REIT - Diversified companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Global Net Lease, Inc., Empire State Realty Trust, Inc. and JBG SMITH Properties. Just below it: CTO Realty Growth, Inc., AH REALTY TRUST INC and Gladstone Commercial Corporation. ### REIT - Diversified companies close in size

1. [Global Net Lease, Inc.](https://www.sectoralpha.in/us/stocks/gnl) $1.6 billion
2. [Empire State Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/esrt) $1.4 billion
3. [JBG SMITH Properties](https://www.sectoralpha.in/us/stocks/jbgs) $839 million
4. Safehold Inc. $795 million
5. [CTO Realty Growth, Inc.](https://www.sectoralpha.in/us/stocks/cto) $774 million
6. [AH REALTY TRUST INC](https://www.sectoralpha.in/us/stocks/ahrt) $656 million
7. [Gladstone Commercial Corporation](https://www.sectoralpha.in/us/stocks/good) $559 million

[All 13 REIT - Diversified companies, largest first](https://www.sectoralpha.in/us/sectors/reit-diversified#all-companies)

### Companies close in size in other industries

1. [TETRA Technologies, Inc.](https://www.sectoralpha.in/us/stocks/tti) $819 million · Conglomerates
2. [Postal Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/pstl) $818 million · REIT - Office
3. Safehold Inc. $818 million
4. [Heartland Express, Inc.](https://www.sectoralpha.in/us/stocks/htld) $815 million · Trucking
5. [Paysign, Inc.](https://www.sectoralpha.in/us/stocks/pays) $813 million · Software - Infrastructure

## What else do people ask about Safehold? ### What were Safehold's latest quarterly results? Safehold Inc. reported revenue of $119 M and net profit of $30.2 M for the Jun 2026 quarter. Revenue rose 20.0% and profit rose 7.9% compared with a year earlier. Earnings per share were $0.42. The operating margin was 73.7%, 7.4 percentage points lower than a year earlier (as of 3 November 2026). ### What is Safehold's market cap? Safehold Inc.'s market capitalisation is $795 M at a stock price of $11.23. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Safehold performing? Safehold Inc.'s latest readings are below. In its latest quarter, revenue rose 20.0% and profit rose 7.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 10 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Safehold's stock price go up? This page does not forecast Safehold Inc.'s stock price. What it shows instead: the stock price is $11.23. Its P/E of 7.0× is higher than 0% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Safehold have too much debt? Yes, Safehold Inc. has a lot of debt: its debt is 1.81× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Safehold in its business cycle? Safehold Inc.'s FY25 operating margin was 81.2%, against a 5-year range of 71.3% to 81.5%: the middle of its own range, neither a peak nor a low. The latest quarter was 73.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Safehold story? The main question: profits are rising, but only 42% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Safehold a stock worth studying right now? What the numbers show: Safehold Inc.'s earnings have grown faster than its share price. Earnings per share grew +7.4% in a year while the price moved −22.2%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.