Safehold Inc.

The Safehold share reached a new 52-week high at 17.16 USD; year-to-date return is around 24% and the 12-month return is just under 15%. The company placed unsecured 30-year notes totaling 225 million USD at 6.615% (stairstep coupon starting at 4.00%) and announced a quarterly dividend of 0.177 USD (annualized 0.708 USD). Safehold formed a joint venture with a Brookfield unit in which Brookfield acquired 49% at a valuation of about 348 million USD; the portfolio generates annualized cash ground-lease rents of about 14 million USD. Analyst comments: Citizens rates the stock Market Outperform with a price target of 28.00 USD, while InvestingPro considers the stock rather overvalued; current P/E 10.85, dividend yield 4.26%. » Więcej na de.investing.com

Safehold filed a new automatic shelf registration statement (Form S-3ASR) with the SEC, replacing a prior filing from April 4, 2023. Two prospectus supplements request the resale of up to 6,105,389 and 4,248,435 common shares by selling shareholders; legal opinions from Venable LLP were attached. Safehold also announced a quarterly dividend of $0.177 per common share (annualized $0.708) payable on April 15, 2026. Morgan Stanley downgraded the stock to underweight and cut its price target from $16.00 to $14.00, citing a sharp decline in new business and expected lower net investments in ground leases. » Więcej na de.investing.com

Safehold declared a dividend of $0.177 per share for Q1 2026, payable April 15, 2026 to shareholders of record on March 31. On an annual basis this equals $0.708 per share and a dividend yield of 4.81%. The stock is at $14.73 and is down about 17% over the past year; market capitalization is $1.06 billion with a P/E ratio of 9.24. » Więcej na de.investing.com