Safehold Inc. (SAFE) stock

SAFENYSEReal Estate Investment TrustsFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 20/3060% below fair value

$9.85−0.63 (-6.01%)

Close on Nov 12, 2026Market cap $697.54MP/E 6.1Yield 7.19%

Safehold statistics

89 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 10, 2027 (estimated, after the close)
Last ex-dividend date: Sep 30, 2026
Fundamentals through: Sep 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $742.16M; $316.33M
Enterprise Value: $908.98M; $312.24M
PE Ratio: 6.47; 26.87
PS Ratio: 1.68; 4.26
PB Ratio: 0.30; 1.68
P/TBV Ratio: 0.33; 1.76
P/OCF Ratio: 16.93; 12.75

Enterprise valuationIndustry

EV / Sales: 2.06; 4.50
EV / EBITDA: 7.73; 9.28
EV / EBIT: 8.27; 16.79

Share statisticsIndustry

Shares Outstanding: 71M; 31M
Shares Change (YoY): -0.15%; 0.55%
Shares Change (QoQ): -0.44%; 0.00%
Float: 68M; 24M
Shares Held by Insiders: 4.11%; 17.6%
Shares Held by Institutions: 68.7%; 69.2%

Short sellingIndustry

Short Interest: 3M; –
Short Interest Change: 2.82%; 0.38%
Short % of Float: 4.87%; 3.91%
Short % of Shares Outstanding: 4.67%; 3.18%
Days to Cover: 3.80; 1.00

Stock price statisticsIndustry

52-Week High: $17.45; –
52-Week Low: $10.13; –
20-Day Moving Average: $11.05; –
50-Day Moving Average: $12.24; –
200-Day Moving Average: $14.55; –
Average True Range (14): $0.44; –
Price Change (1 Week): -2.69%; 0.00%
Price Change (1 Month): -12.4%; 0.29%
Price Change (3 Months): -32.3%; 0.35%
Price Change (6 Months): -28.8%; 1.32%
Price Change (YTD): -23.4%; 2.82%
Price Change (1 Year): -21.3%; 2.38%
Price Change (3 Years): -37.4%; -0.00%
Price Change (5 Years): -91.4%; -28.2%
Price Change (10 Years): -81.5%; -18.1%
Average Volume (10 Days): 866,580; –
Average Volume (20 Days): 849,656; –
Average Volume (90 Days): 511,076; –
Relative Volume: 1.45; 0.71
Relative Strength Index (14): 35.9; 56.2
Volatility (1 Year): 33.0%; 17.9%
Beta (5 Years): 1.00; 0.71

MarginsIndustry

Gross Margin: 99.1%; 59.8%
Operating Margin: 24.9%; 25.5%
Pretax Margin: 27.9%; 13.4%
Profit Margin: 26.2%; 10.0%
EBITDA Margin: 26.6%; 50.8%

Returns on capitalIndustry

Return on Equity (ROE): 4.77%; 3.69%
Return on Assets (ROA): 1.56%; 1.63%
Return on Invested Capital (ROIC): 4.41%; 9.00%

GrowthIndustry

Revenue Growth (YoY): 16.5%; 4.64%
Net Income Growth (YoY): 2.72%; 1.54%
EPS Growth (YoY): 3.18%; 1.20%
Revenue Growth (3Y CAGR): 12.6%; 4.18%
Revenue Growth (5Y CAGR): 3.53%; 7.63%
EPS Growth (3Y CAGR): -9.85%; -0.11%

EfficiencyIndustry

Asset Turnover: 0.06; 0.13
Revenue Per Employee: $6.14M; $2.42M
Profits Per Employee: $1.61M; $86.23K
Employee Count: 72; 67
WACC: 9.86%; 8.31%

Income statement (TTM)Industry

Revenue: $442.05M; $455.76M
Gross Profit: $437.86M; $327.45M
Operating Income: $109.92M; -$570.81K
Pretax Income: $123.44M; $14.01M
Net Income: $115.70M; $4.01M
EBITDA: $117.60M; $4.10M
EPS (Diluted): $1.62; $0.29

Balance sheetIndustry

Cash & Short-Term Investments: $29.85M; $1.13M
Net Cash (Debt): $29.85M; $845.20K
Net Cash Per Share: $0.42; $0.03
Equity (Book Value): $2.46B; -$78.08K
Book Value Per Share: $34.68; -$0.00
Tangible Book Value: $2.25B; -$170.61K

Cash flow (TTM)Industry

Operating Cash Flow: $43.84M; $12.05M

Dividends and yieldsIndustry

Earnings Yield: 15.6%; 2.19%
Dividend Yield: 6.76%; 5.47%
Shareholder Yield: 6.76%; 5.40%
Dividend Per Share: $0.71; $1.36
Dividend Growth (YoY): 0.00%; 1.18%
Years of Dividend Growth: 0; 1
Payout Ratio: 44.1%; 122.7%

Taxes and interestIndustry

Income Tax: $4.54M; $237.00K
Effective Tax Rate: 3.67%; 1.56%

Scores and fair valueIndustry

Graham Number: $35.56; $19.78
Graham Upside: 239.3%; -34.7%
Altman Z-Score: 0.23; 10.58
Piotroski F-Score: 5; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	SAFE	S&P 500	Difference	SAFE per year	S&P 500 per year
1 month	-18.3%	-2.7%	−15.6 pts
3 months	-34.8%	-1.7%	−33.1 pts
Year to date	-25.2%	+11.9%	−37.1 pts
1 year	-22.1%	+12.0%	−34.1 pts
3 years	-33.9%	+78.2%	−112.1 pts	-12.9%	+21.2%
5 years	-87.9%	+73.2%	−161.2 pts	-34.5%	+11.6%
10 years	-73.1%	+309.6%	−382.8 pts	-12.3%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

3M SAFE shares were sold short on Oct 30, 2026, up 2.8% from the previous report, or 4.87% of the shares available to trade. At recent volumes it would take 3.8 days to buy them back. Over the last 20 sessions, 52.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	3,308,903	+2.8%	869,937	3.8
Oct 15, 2026	3,218,113	-1.3%	713,821	4.5
Sep 30, 2026	3,259,235	-7.1%	682,751	4.8
Sep 15, 2026	3,508,446	+3.2%	365,679	9.6
Aug 31, 2026	3,399,852	+2.4%	262,102	13.0
Aug 14, 2026	3,320,403	-0.2%	274,714	12.1
Jul 31, 2026	3,327,228	-0.6%	297,296	11.2
Jul 15, 2026	3,348,584	+6.4%	269,927	12.4
Jun 30, 2026	3,148,405	+1.3%	486,197	6.5
Jun 15, 2026	3,108,297	+7.5%	346,081	9.0
May 29, 2026	2,891,418	+0.3%	284,498	10.2
May 15, 2026	2,881,825	+1.9%	434,989	6.6