Wedbush Reaffirms "Neutral" Rating for Safehold (NYSE:SAFE)

Safehold (NYSE:SAFE - Get Free Report)'s stock had its "neutral" rating reiterated by research analysts at Wedbush in a report released on Friday,Benzinga reports. They presently have a $19.00 target price on the stock, down from their prior target price of $20.00. Wedbush's target price would suggest a potential upside of 8.90% from the company's previous close. 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.

Other research analysts also recently issued reports about the stock. Royal Bank of Canada increased their target price on shares of Safehold from $30.00 to $31.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Morgan Stanley lowered Safehold from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $30.00 to $19.00 in a report on Wednesday, January 15th. The Goldman Sachs Group lowered their target price on Safehold from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Tuesday, January 7th. Mizuho increased their price target on Safehold from $20.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. Finally, JMP Securities restated a "market outperform" rating and issued a $35.00 price objective on shares of Safehold in a research note on Thursday, February 6th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Safehold presently has an average rating of "Hold" and a consensus price target of $25.56.

Safehold Stock Performance

Shares of SAFE traded down $0.18 on Friday, reaching $17.45. 346,221 shares of the company's stock traded hands, compared to its average volume of 528,771. The stock's 50 day simple moving average is $18.18 and its two-hundred day simple moving average is $21.71. The stock has a market cap of $1.25 billion, a PE ratio of 11.79 and a beta of 1.66. Safehold has a 52-week low of $15.55 and a 52-week high of $28.80. The company has a current ratio of 37.37, a quick ratio of 37.83 and a debt-to-equity ratio of 1.82.

Safehold (NYSE:SAFE - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. Safehold had a return on equity of 4.76% and a net margin of 28.92%. During the same quarter last year, the firm posted $0.36 earnings per share. On average, analysts forecast that Safehold will post 1.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SAFE. Smartleaf Asset Management LLC lifted 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 worth $26,000 after buying an additional 1,020 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Safehold by 108.7% during the third quarter. GAMMA Investing LLC now owns 1,766 shares of the company's stock valued at $46,000 after purchasing an additional 920 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Safehold by 35.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,802 shares of the company's stock valued at $47,000 after acquiring an additional 471 shares during the last quarter. KBC Group NV grew its position in Safehold by 79.3% in the 3rd quarter. KBC Group NV now owns 2,883 shares of the company's stock worth $76,000 after purchasing an additional 1,275 shares during the period. Finally, Vestcor Inc bought a new position in Safehold in the third quarter valued at about $110,000. Institutional investors own 70.38% of the company's stock.

About Safehold

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.