SAFESafehold Inc.
Price
-24%1YEnd-of-day closes, not the intraday tick.
More going right than wrong
Quality mixed, nothing alarming, undemanding price, growing in the filings, the market undecided.
We are a publicly-traded company that operates our business through one reportable segment by acquiring, managing and capitalizing ground leases. We believe that our business has characteristics comparable to a high-grade, fixed income investment business, but with certain unique advantages. Relative to alternative fixed income investments generally, our ground leases typically benefit from built-in growth derived from contractual base rent increases (either at a specified percentage or consumer price index ("CPI") based, or both), and the opportunity to realize value from residual rights to take ownership of the buildings and other improvements on our land at no additional cost to us.
In the company’s own words · 10-K filed Feb 12, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Safehold Inc. (SAFE) reported revenue of $115M in Q2 2026 (quarter ended Jun 30, 2026), up 22% from the same quarter a year earlier. That came with net income of $30M (26% of revenue). For the full year FY2025, revenue was $386M (+5.4% year on year) and net income $114M. Its largest segment in Q2 2026 was Ground Leases at $99M, 86% of the disclosed total, well ahead of Hotel Operations at 14%. The next results filing is expected around Nov 4, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Oct 2, 2026Term Loan Credit Agreement with Star Holdings On September 29, 2026, Safehold Inc. (the “Company”), as lender, entered into an amendment (the “Third Amendment”) to its previously disclosed term loan credit agreement, dated March 31, 2023, amended on October 4, 2023, and further amended on March 28, 2025, with Star …Other event · Form 8-K
- Aug 3, 2026Effective August 1, 2026, Safehold Inc. (the “Company”) has relocated its principal executive offices to One Penn Plaza, 51st Floor, New York, NY 10119 from 1114 Avenue of the Americas, 39th Floor, New York, NY 10036.Other event · Form 8-K
- Jul 30, 2026On March 31, 2023, Safehold Inc. (“Old SAFE”) merged with and into iStar Inc. (“iStar”), at which time Old SAFE ceased to exist, and iStar continued as the surviving corporation and changed its name to “Safehold” (the “Merger”)Other event · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Jun 2026 · $114.6MThe company’s own SEC segment disclosure.
- Ground Leases$98.7M86%
- Hotel Operations$15.9M14%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
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