Safehold Inc. (SAFE)

Safehold's stock has experienced a downward trend, declining by 2.41% in the past six months and 13.05% over the past year as of January 7, 2026. Key events impacting the stock include exceeding Q3 2025 earnings expectations with an EPS of $0.41 and revenue of $96.2 million, dividend announcements of US$0.18 for the third quarter of 2025, the appointment of Michael Trachtenberg as President in December 2025, a credit rating upgrade by S&P Global Ratings in November 2025, and the closing of a US$400 million unsecured term loan in November 2025, increasing its liquidity to approximately US$1.3 billion.

Safehold's business model, centered on long-term ground leases with built-in rent escalations, provides stable and predictable cash flows, making it less susceptible to typical demand seasonality. The company's ground leases are typically 99 years in duration, with annual rent escalators, offering recession-proof income. The underlying demand for ground leases as an efficient financing solution is increasing and resilient, and Safehold's strategic focus on the affordable housing sector contributes to consistent demand.

Safehold, Inc. is a real estate investment trust (REIT) that operates in the Real Estate sector, specifically in the REIT - Diversified industry. The company acquires ownership of land beneath commercial properties and leases it back to building owners through long-term ground leases, providing a capital solution designed to generate higher returns with less risk. Safehold's services cater to owners of multifamily, office, industrial, hospitality, and mixed-use properties, with a business model focused on stable, inflation-protected rental income through predictable cash flows.

Safehold's geographic footprint spans major markets across the United States, focusing on the top 30 metropolitan statistical areas (MSAs). Its portfolio includes properties in the Southwest (Los Angeles, San Diego, Salt Lake City, Denver, Colorado Springs, Phoenix), the East Coast (New Haven, New York, Philadelphia, Stamford, Washington D.C., Boston), the Northwest (Seattle, Portland, San Francisco, San Jose), and South Central (Austin, Dallas, San Antonio, Houston).

Safehold has a strong brand reputation as the creator and leader of the modern ground lease industry. The company's reputation was positively impacted by an S&P Global Ratings upgrade in November 2025, highlighting the structural integrity of its ground leases. Safehold Inc. reports have an aggregate usefulness score of 4.7 out of 5.0, and the company scored higher than 97% of companies evaluated by MarketBeat, ranking 67th out of 910 stocks in the finance sector. The company's strategic focus on affordable housing also enhances its reputation.

Safehold Inc.'s ownership structure is predominantly institutional, with 411 institutional owners and shareholders holding between 70.38% and 73.3% of the stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., MSD Capital L.P., T. Rowe Price Investment Management, Inc., State Street Corp., and JPMorgan Chase & Co. Individual insiders hold approximately 3.5% of the stock, while Holdings Star, an affiliated entity, holds a significant 18.85% stake.