Safehold Inc. (SAFE)
Safehold: Deep Discount To NAV, Steady Income, And A Long-Term Land Play
Safehold offers a unique, stable ground lease REIT model with strong asset security, investment-grade ratings, and a 5% well-covered dividend yield. Shares trade at a deep 58% discount to NAV, reflecting market skepticism about long-term value realization, but present a compelling value for patient investors. Recent earnings show modest revenue growth and portfolio resilience despite higher rates, with resumed deal activity and no near-term debt maturities.
Safehold Inc. (SAFE) Q2 2025 Earnings Call Transcript
Safehold Inc. (NYSE:SAFE ) Q2 2025 Earnings Conference Call August 5, 2025 5:00 PM ET Company Participants Brett Asnas - Chief Financial Officer Jay S. Sugarman - CEO & Chairman Pearse Hoffmann - Senior Vice President of Capital Markets & Investor Relations Timothy Doherty - Chief Investment Officer Conference Call Participants Anthony Paolone - JPMorgan Chase & Co, Research Division Harsh Hemnani , - Green Street Advisors, LLC, Research Division Jeremy Michael Kuhl - Goldman Sachs Group, Inc., Research Division Jonathan Michael Petersen - Jefferies LLC, Research Division Ki Bin Kim - Truist Securities, Inc., Research Division Mitchell Bradley Germain - Citizens JMP Securities, LLC, Research Division Ravi Vijay Vaidya - Mizuho Securities USA LLC, Research Division Ronald Kamdem - Morgan Stanley, Research Division Operator Good afternoon, and welcome to Safehold's Second Quarter 2025 Earnings Conference Call.
Safehold (SAFE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Safehold (SAFE) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Safehold: A Look At That Large Discount To NAV
SAFE's rising interest expenses and weak cash flow make its investment case problematic, despite portfolio growth and expanding revenues. The company's heavy reliance on non-cash revenues and floating-rate debt makes it less "SAFE" than what we would like. The REIT is discounted relative to its NAV and we tell you how we might play it.
Safehold Inc. (SAFE) Q1 2025 Earnings Call Transcript
Safehold Inc. (NYSE:SAFE ) Q1 2025 Earnings Conference Call May 7, 2025 9:00 AM ET Company Participants Pearse Hoffmann - Senior Vice President, Head of Corporate Finance Jay Sugarman - Chairman and CEO Brett Asnas - Chief Financial Officer Tim Doherty - Chief Investments Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Haendel St. Juste - Mizuho Mitch Germain - Citizens Capital Markets Harsh Hemnani - Green Street Stephen Kim - Truist Richard Anderson - Wedbush Securities Operator Good morning. And welcome to Safehold's First Quarter 2025 Earnings Conference Call.
Safehold (SAFE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Safehold (SAFE) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Safehold Inc. (SAFE) Q4 2024 Earnings Call Transcript
Safehold Inc. (NYSE:SAFE ) Q4 2024 Earnings Conference Call February 6, 2025 9:00 AM ET Company Participants Pearse Hoffmann - Senior Vice President, Capital Markets and Investor Relations Jay Sugarman - Chairman and CEO Brett Asnas - Chief Financial Officer Tim Doherty - Chief Investments Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Ravi Vaidya - Mizuho Caitlin Burrows - Goldman Sachs Kenneth Lee - RBC Capital Markets Mitch Germain - Citizens JMP Rich Anderson - Wedbush Ki Bin Kim - Truist Harsh Hemnani - Green Street Operator Good morning. And welcome to Safehold's Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.
Here's What Key Metrics Tell Us About Safehold (SAFE) Q4 Earnings
The headline numbers for Safehold (SAFE) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Safehold & Star Holdings: The Cookie At The End Of The Rainbow
SAFE's bubble was evident due to three easy to see problems. Treasuries were an obvious bubble as well. Both bubbles have come undone.
Safehold Vs. Treasuries
Safehold's stock price is highly correlated with the 30-year Treasury bond rate. SAFE's business model involves secure, long-term ground leases, often compared to long-term bonds, providing stable cash flows and high credit ratings. SAFE is a leveraged play on long-term interest rates; its price movements are largely driven by changes in Treasury rates, not operational factors.
Flowers Foods A Top Ranked SAFE Dividend Stock With 4.3% Yield
Flowers Foods, has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
Is the Options Market Predicting a Spike in Safehold (SAFE) Stock?
Investors need to pay close attention to Safehold (SAFE) stock based on the movements in the options market lately.
