Is Safehold Inc. (SAFE)’s Fuel For Real? The Stock Just Increased Again

The stock of Safehold Inc. (NYSE:SAFE) is a huge mover today! The stock increased 5.66% or $1.64 during the last trading session, reaching $30.52. About 109,081 shares traded. Safehold Inc. (NYSE:SAFE) has risen 83.63% since September 13, 2018 and is uptrending. It has outperformed by 83.63% the S&P500.
The move comes after 7 months positive chart setup for the $1.24B company. It was reported on Sep, 13 by Barchart.com. We have $32.05 PT which if reached, will make NYSE:SAFE worth $62.00M more.

Analysts await Safehold Inc. (NYSE:SAFE) to report earnings on October, 24. They expect $0.28 EPS, up 154.55 % or $0.17 from last year’s $0.11 per share. SAFE’s profit will be $11.38M for 27.25 P/E if the $0.28 EPS becomes a reality. After $0.18 actual EPS reported by Safehold Inc. for the previous quarter, Wall Street now forecasts 55.56 % EPS growth.

More notable recent Safehold Inc. (NYSE:SAFE) news were published by: Seekingalpha.com which released: “Doubling Down On Prudential Financial – Seeking Alpha” on September 12, 2019, also Fool.com with their article: “Aurora Cannabis Inc. (NYSE: ACB) Q4 2019 Earnings Call Transcript – Motley Fool” published on September 13, 2019, Seekingalpha.com published: “A 5.4% Income Safety Housing Play: Weyerhaeuser – Seeking Alpha” on August 29, 2019. More interesting news about Safehold Inc. (NYSE:SAFE) were released by: Wsj.com and their article: “Regulators Approve Bitcoin Venture Backed by NYSE Owner – The Wall Street Journal” published on August 16, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Kind Of Shareholder Appears On The Safe Bulkers, Inc.’s (NYSE:SB) Shareholder Register? – Yahoo Finance” with publication date: August 16, 2019.

Safety, Income & Growth Inc. is the first publicly traded firm that focuses on acquiring, owning, managing and capitalizing ground leases. The company has market cap of $1.24 billion. The Firm seeks to provide safe, growing income and capital appreciation to shareholders by building a diversified portfolio of high quality ground leases. It has a 35.17 P/E ratio. The Firm is managed by its largest shareholder, iStar Inc.

Safehold Inc. (NYSE:SAFE) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.