Company Research
Safehold (NYS: SAFE) Enter ticker symbol:  
Company Information
Description: Safehold Inc is a real estate company. It is formed to acquire, own, manage, finance and capitalize ground leases. The ground leases generally represent ownership of the land underlying commercial real estate projects that is net leased by the fee owner of the land to the owners/operators of the real estate projects built thereon. The company has a diverse initial portfolio that is comprised of over 34 properties located in major metropolitan areas that were acquired or originated by iStar.
Sector: Real Estate
Industry: REIT - Diversified
Capital Structure (09/30/2021)
Comm Shares Outst (M): 53.5
Preferred Stock (M): --
Long Term Debt (M): 2,033.8
Total Debt (M): 2,033.8
Total Capital (M): 3,699.8
LT Debt as % of Capital: 55.0%
Price (11/26/2021)
Present Price: $70.69
Annual Dividend (Ind.): $0.68
Yield: 0.96%
52-Week High: $95.29
52-Week Low: $64.01
 
Annual Financial History (Fiscal Year ends Dec 31)
Fiscal Year20162017201820192020
Sales (M)21.7--49.793.4155.4
Pre-Tax Profit (M)6.6--11.935.759.5
Net Income (M)2.5--11.727.659.3
EPS0.14--0.640.891.17
Low Price----15.616.538.9
Quarterly Financial History
 9/202012/20203/20216/20219/2021Change (%)
Sales (M)38.039.943.544.247.324.4%
Pre-Tax Profit (M)14.215.317.214.818.530.0%
EPS0.280.290.320.280.3835.7%
Historical Growth Rates, 5 Years
Sales Growth: 64.0% EPS Growth: 72.8%
Evaluating Management
Fiscal Year20162017201820192020Average
% PTP on Sales30.4%--24.0%38.3%38.3%32.7%
% Earned on Equity----3.2%5.0%5.0%4.4%
Price/Earnings History and Valuation Trends
Fiscal YearHi PriceLo PriceEPSHi P/ELo P/EDivPayoutHi Yield
20160.140.000.0%%
201820.215.60.6431.524.30.6093.8%3.9%
201943.016.50.8948.318.60.6269.4%3.7%
202075.438.91.1764.533.20.6455.0%1.7%
Average P/E Ratio:   36.7 Current P/E Ratio:  55.7