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Safehold Inc. SAFE NYSE

NYSE • Real Estate • REIT - Diversified • US • USD

SharesGrow Score
58/100
3/7 Pass
SharesGrow Intrinsic Value
$28.61
+85.2%
Analyst Price Target
$14.00
-9.4%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Safehold Inc. (SAFE) trades at a trailing P/E of 9.1, forward P/E of 9.0. Trailing earnings yield is 10.93%, forward earnings yield 11.10%. PEG 1.24. Graham Number is $34.94.

Criteria proven by this page:

  • VALUE (43/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
  • Forward P/E 9.0 (down from trailing 9.1) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 1.24 — between 1.0–2.0 indicates moderate valuation relative to growth.
  • Trailing Earnings Yield 10.93% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income. Forward yield improves to 11.10% as earnings recover.
  • Analyst consensus target $14.00 (-9.4% downside) — slight downside risk — the market may be ahead of analyst expectations.

Overall SharesGrow Score: 58/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
58/100
SG Score
View full scorecard →
~
VALUE
43/100
Price-to-Earnings & upside
Proven by this page
FUTURE
26/100
Analyst consensus
→ Forecast
~
PAST
50/100
→ Income
HEALTH
33/100
Debt-to-Equity & liquidity
→ Health
MOAT
70/100
→ Income
GROWTH
100/100
→ Income
INCOME
85/100
→ Income

Valuation Snapshot — SAFE

Valuation Multiples
P/E (TTM)9.1
Forward P/E9.0
PEG Ratio1.24
Forward PEG1.16
P/B Ratio0.43
P/S Ratio2.72
EV/EBITDA16.5
Per Share Data
EPS (TTM)$1.60
Forward EPS (Est.)$1.71
Book Value / Share$34.00
Revenue / Share$5.37
FCF / Share$0.67
Yields & Fair Value
Earnings Yield10.93%
Forward Earnings Yield11.10%
Dividend Yield4.85%
Graham Number$34.94
SharesGrow IV$28.61 (+85.2%)
Analyst Target$14.00 (-9.4%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 165.6 6.86 7.11 50.37 4.69%
2017 1.1 0.00 0.56 0.29 24.22%
2018 29.2 -0.31 0.96 6.89 3.19%
2019 15.1 0.00 0.38 4.47 3.98%
2020 63.5 -0.66 2.73 23.73 1.49%
2021 61.3 4.78 2.66 23.97 0.80%
2022 13.3 0.21 0.84 6.66 2.34%
2023 -28.8 0.21 0.71 4.48 2.91%
2024 12.5 -0.04 0.56 3.61 3.84%
2025 8.6 1.06 0.41 2.55 5.19%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $0.36 $21.74M $6.62M 30.4%
2017 $9.75 $679.2M $175.68M 25.9%
2018 $0.64 $49.72M $11.74M 23.6%
2019 $23.29 $93.4M $27.69M 29.7%
2020 $-5.45 $155.43M $59.29M 38.1%
2021 $9.48 $187.01M $73.12M 39.1%
2022 $-15.27 $158.05M $-197.27M -124.8%
2023 $-0.82 $352.58M $-54.97M -15.6%
2024 $1.48 $365.69M $105.76M 28.9%
2025 $1.59 $385.55M $114.47M 29.7%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $1.71 $1.64 – $1.89 $395.87M $387.43M – $404.22M 5
2027 $1.77 $1.67 – $1.93 $419.1M $397.89M – $450.71M 5
2028 $1.83 $1.73 – $1.97 $445.47M $444.48M – $446.46M 2
2029 $1.88 $1.77 – $2.02 $487.63M $466.82M – $516.37M 1
2030 $1.89 $1.79 – $2.03 $538.3M $515.32M – $570.03M 1
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