Mizuho Forecasts Strong Price Appreciation for Safehold (NYSE:SAFE) Stock

Safehold (NYSE:SAFE) had its target price raised by analysts at Mizuho from $14.00 to $15.00 in a report issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Mizuho’s target price suggests a potential downside of 0.56% from the company’s current price.

Several other analysts have also recently weighed in on the company. Cantor Fitzgerald set a $17.00 price target on Safehold and gave the stock a “neutral” rating in a report on Wednesday, October 1st. Weiss Ratings restated a “hold (c-)” rating on shares of Safehold in a report on Wednesday, October 8th. Citigroup reissued a “market outperform” rating on shares of Safehold in a research note on Monday, December 1st. Royal Bank Of Canada dropped their price target on Safehold from $20.00 to $17.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Safehold in a report on Saturday, November 22nd. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $19.33.

Safehold Price Performance

Shares of SAFE stock traded up $0.22 during trading hours on Monday, reaching $15.09. The company’s stock had a trading volume of 65,176 shares, compared to its average volume of 566,821. Safehold has a fifty-two week low of $12.76 and a fifty-two week high of $19.53. The firm’s 50 day simple moving average is $13.70 and its 200-day simple moving average is $14.82. The company has a quick ratio of 36.91, a current ratio of 36.91 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 9.61, a PEG ratio of 2.16 and a beta of 1.84.

Safehold (NYSE:SAFE) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.30 earnings per share for the quarter. Safehold had a return on equity of 4.78% and a net margin of 29.67%.The business had revenue of $50.20 million during the quarter. Sell-side analysts forecast that Safehold will post 1.58 earnings per share for the current year.

Institutional Trading of Safehold

Several large investors have recently modified their holdings of the business. SG Americas Securities LLC raised its stake in Safehold by 124.3% in the fourth quarter. SG Americas Securities LLC now owns 82,860 shares of the company’s stock worth $1,134,000 after buying an additional 45,925 shares in the last quarter. GAMMA Investing LLC increased its position in Safehold by 87.7% during the fourth quarter. GAMMA Investing LLC now owns 11,000 shares of the company’s stock valued at $151,000 after acquiring an additional 5,139 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Safehold by 24.7% during the third quarter. JPMorgan Chase & Co. now owns 1,411,158 shares of the company’s stock valued at $21,859,000 after buying an additional 279,664 shares during the last quarter. Advisory Services Network LLC purchased a new position in Safehold during the third quarter valued at $57,000. Finally, Mariner LLC bought a new stake in Safehold during the 3rd quarter worth approximately $264,000. 70.38% of the stock is owned by institutional investors.

About Safehold

Safehold Inc is a real estate investment trust that seeks to redefine land ownership for commercial property owners. The company acquires perpetual ground leases from landowners and structures long-term leaseback arrangements, enabling building owners to unlock the value of underlying land without relinquishing operational control of their properties. By separating land ownership from building ownership, Safehold offers an alternative to traditional mortgage financing and land sale–leaseback transactions.

Safehold’s portfolio spans multiple commercial real estate sectors, including office, multifamily, industrial and retail, with a focus on high-quality properties in major U.S.