SAFE

Based on Safehold Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Safehold do?

Safehold acquires and manages ground leases — long-term arrangements where the company owns the land beneath commercial buildings while property owners retain the structures. This model helps building owners unlock capital tied up in land. Safehold targets multifamily, office, industrial, hospitality, and mixed-use properties in major U.S. markets and is structured as a REIT.

Does SAFE pay dividends?

Yes, Safehold pays a regular dividend. As a REIT, the company is required to distribute the majority of its taxable income to shareholders. The ground lease model's long-duration, contractually escalating rents are designed to support consistent income distributions over time.

When does SAFE report earnings?

Safehold reports on a quarterly cadence, as is standard for U.S.-listed REITs. Specific upcoming dates are not covered by our data source. For the most current schedule, check Safehold's investor relations page.

Is SAFE a good stock to buy?

UQS Score rates SAFE as Good overall. The Valuation pillar reads as Attractive and the Quality pillar is Good, but the Growth and Risk pillars are both Weak — reflecting limited expansion momentum and meaningful interest rate sensitivity. Whether that profile fits your goals depends on your investment horizon and risk tolerance. The full pillar breakdown is available to Pro members.

Is SAFE overvalued?

The UQS Valuation pillar for SAFE is rated Attractive, suggesting the market may not be fully pricing in the company's fundamental profile relative to peers. That said, valuation in isolation does not account for the Weak Growth and Risk signals also present in the score. View the complete analysis with a Pro account.

How does SAFE compare to its competitors?

Safehold's ground lease model is structurally distinct from most real estate peers. Competitors like American Assets Trust and Empire State Realty Trust own buildings outright, while Safehold owns only the land beneath them. This creates a different risk and income profile — typically longer duration and lower volatility, but also more sensitive to interest rate movements.

What is SAFE's market cap bracket?

Safehold is classified as a small-cap company. This places it below large-cap and mega-cap REITs in terms of total market value, which can mean lower liquidity and higher price sensitivity relative to sector giants.

Who founded Safehold?

Safehold's origins trace back to 1989. The company is currently managed externally by iStar Inc., its largest shareholder. For detailed founding history, Safehold's investor relations materials and public filings provide the most accurate account.

Is SAFE a long-term quality stock?

As a long-term quality indicator, SAFE's UQS profile is mixed. The Quality pillar is rated Good, and the ground lease structure provides durable, contractual income — characteristics that can support long-term holding. However, the Weak Growth and Risk pillars signal that investors should weigh interest rate exposure and limited portfolio expansion potential carefully over a long horizon.

What is the main competitive advantage of Safehold?

Safehold's primary advantage is its position as a pioneer of the modern ground lease structure in U.S. commercial real estate. By owning land rather than buildings, the company insulates itself from physical asset depreciation and collects long-duration, contractually escalating income. The Moat pillar is rated Neutral, however, reflecting that this structural edge has not yet translated into a dominant competitive position.

What sector does SAFE belong to?

Safehold operates in the Real Estate sector and is structured as a real estate investment trust. Within real estate, it occupies a specialized niche focused exclusively on ground leases rather than conventional property ownership, setting it apart from most diversified or sector-specific REITs.

Safehold Inc. shows solid profitability with healthy returns on capital and reasonable margins.

Safehold Inc. faces growth headwinds with declining or stagnant revenue trends.

Safehold Inc. has some risk factors including moderate leverage or solvency concerns.

Safehold Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.

Safehold Inc. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for SAFE.

The UQS (Unified Quality Score) for Safehold Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Safehold Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Safehold Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.