SAFE - NYSE

Safehold Inc.

SAFE·NYSE

$15.20

+2.2%

Real EstateREIT - Diversified

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. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.09B

EPS1.6000

P/E Ratio9.50

Earnings Date08/04/2026

safe

Free Cash Flow

Last Annual Value

47.81M

3-Year CAGR

-10%

5-Year CAGR

57%

10-Year CAGR

Adjust for Inflation

Safehold Inc. Competitors Analysis of Free Cash Flow

SAFE · NYSE

Company	Free Cash Flow	CAGR 3Y	CAGR 5Y	CAGR 10Y
Safehold Inc. NYSE:SAFE	47.81M	45.9%	N/A	N/A
Gladstone Commercial Corporation NASDAQ:GOOD	88.15M	18.0%	6.4%	N/A
PennyMac Mortgage Investment Trust NYSE:PMT	142.29M	-52.5%	N/A	N/A
American Assets Trust, Inc. NYSE:AAT	94.86M	-3.6%	8.3%	4.2%
Alexander & Baldwin, Inc. NYSE:ALEX	47.21M	9.6%	-12.8%	N/A
Plymouth Industrial REIT, Inc. NYSE:PLYM	96.07M	5.5%	24.1%	N/A
Two Harbors Investment Corp. NYSE:TWO	88.92M	42.3%	N/A	N/A
MFA Financial, Inc. NYSE:MFA	76.25M	-11.2%	-6.8%	-1.1%
Chimera Investment Corporation NYSE:CIM	-248.88M	N/A	N/A	N/A
City Office REIT, Inc. NYSE:CIO	58.86M	0.9%	-2.0%	N/A

Safehold Inc. Fair Value Envelope

SAFE · NYSE

Our analysis suggests that SAFE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $15.2, this represents a potential HIDDEN relative to our calculated worth for Safehold Inc..

HIDDEN

Intrinsic Value

Current Price: $15.2

Related Guides

Blog Categories

Continue your SAFE research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.