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Safehold Inc. (SAFE) Stock Fundamental Analysis & AI Rating 2026

SAFE NYSE Real Estate Investment Trusts CIK: 0001095651
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
75% Confidence
N/A
SELL
75% Conf
Pending
Analysis scheduled

📊 SAFE Key Takeaways

Revenue: $110.9M
Net Margin: 26.0%
Free Cash Flow: $-41.9M
Current Ratio: N/A
Debt/Equity: 1.93x
EPS: $0.40
AI Rating: SELL with 75% confidence
Safehold Inc. (SAFE) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $110.9M, net profit margin of 26.0%, and return on equity (ROE) of 1.2%, Safehold Inc. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete SAFE stock analysis for 2026.

Is Safehold Inc. (SAFE) a Good Investment?

Claude

Safehold exhibits healthy profit margins (23% operating, 26% net) but faces critical solvency concerns with interest coverage of 0.2x, meaning operating income covers only 20% of interest expenses. Negative operating cash flow (-$8.6M) and free cash flow (-$41.9M) combined with minimal cash reserves ($19.3M) against $4.7B in debt indicate severe refinancing risk and potential financial distress.

Why Buy Safehold Inc. Stock? SAFE Key Strengths

Claude
  • + Strong operating margin of 23% demonstrates operational efficiency
  • + Positive net income of $28.9M with modest 5.4% revenue growth
  • + EPS growth of 7.4% shows per-share improvement despite flat net income

SAFE Stock Risks: Safehold Inc. Investment Risks

Claude
  • ! Critical solvency issue: interest coverage of 0.2x means debt service cannot be met from operations
  • ! Negative operating cash flow (-$8.6M) and free cash flow (-$41.9M) indicate cash burn despite accounting profits
  • ! Dangerous capital structure: $4.7B debt with only $19.3M cash and 1.93x debt-to-equity ratio creates refinancing risk
  • ! Net income growth stalled at 0% YoY while interest obligations remain high
  • ! Large negative FCF margin of -37.8% suggests business cannot sustain current debt levels organically

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend and debt service coverage ratio
  • * Operating and free cash flow recovery
  • * Debt refinancing schedule and terms
  • * Cash position and liquidity metrics
  • * Interest expense levels and debt management actions

Safehold Inc. (SAFE) Financial Metrics & Key Ratios

Revenue
$110.9M
Net Income
$28.9M
EPS (Diluted)
$0.40
Free Cash Flow
$-41.9M
Total Assets
$7.4B
Cash Position
$19.3M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

SAFE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 23.0%
Net Margin 26.0%
ROE 1.2%
ROA 0.4%
FCF Margin -37.8%

SAFE vs Real Estate Sector: How Safehold Inc. Compares

How Safehold Inc. compares to Real Estate sector averages

Net Margin
SAFE 26.0%
vs
Sector Avg 20.0%
SAFE Sector
ROE
SAFE 1.2%
vs
Sector Avg 8.0%
SAFE Sector
Current Ratio
SAFE 0.0x
vs
Sector Avg 1.5x
SAFE Sector
Debt/Equity
SAFE 1.9x
vs
Sector Avg 1.5x
SAFE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Safehold Inc. Stock Overvalued? SAFE Valuation Analysis 2026

Based on fundamental analysis, Safehold Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
1.2%
Sector avg: 8%
Net Profit Margin
26.0%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.93x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Safehold Inc. Balance Sheet: SAFE Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.93x
Debt/Assets
66.7%
Interest Coverage
0.17x
Long-term Debt
$4.7B

SAFE Revenue & Earnings Growth: 5-Year Financial Trend

SAFE 5-year financial data: Year 2021: Revenue $324.1M, Net Income $324.0M, EPS $4.51. Year 2022: Revenue $324.1M, Net Income -$42.4M, EPS $-0.87. Year 2023: Revenue $352.6M, Net Income $73.1M, EPS $1.32. Year 2024: Revenue $365.7M, Net Income $135.4M, EPS $2.17. Year 2025: Revenue $385.6M, Net Income -$55.0M, EPS $-0.82.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Safehold Inc.'s revenue has grown significantly by 19% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.82 indicates the company is currently unprofitable.

SAFE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-37.8%
Free cash flow / Revenue

SAFE Quarterly Earnings & Performance

Quarterly financial performance data for Safehold Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $97.7M $28.9M $0.40
Q3 2025 $90.7M $19.3M $0.27
Q2 2025 $89.9M $27.9M $0.39
Q1 2025 $93.2M $29.4M $0.41
Q3 2024 $85.6M $19.3M $0.27
Q2 2024 $85.7M $22.1M $0.35
Q1 2024 $78.3M $4.7M $0.07
Q3 2023 $71.7M $66.1M $1.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Safehold Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.6M
Cash generated from operations
Stock Buybacks
$3.2M
Shares repurchased (TTM)
Capital Expenditures
$33.3M
Investment in assets
Dividends Paid
$12.7M
Returned to shareholders

SAFE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Safehold Inc. (CIK: 0001095651)

📋 Recent SEC Filings

Date Form Document Action
May 15, 2026 4 xslF345X06/form4-05152026_050507.xml View →
May 15, 2026 4 xslF345X06/form4-05152026_050505.xml View →
May 15, 2026 4 xslF345X06/form4-05152026_050503.xml View →
May 15, 2026 4 xslF345X06/form4-05152026_050501.xml View →
May 15, 2026 8-K tm2614139d1_8k.htm View →

Frequently Asked Questions about SAFE

What is the AI rating for SAFE?

Safehold Inc. (SAFE) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SAFE's key strengths?

Claude: Strong operating margin of 23% demonstrates operational efficiency. Positive net income of $28.9M with modest 5.4% revenue growth.

What are the risks of investing in SAFE?

Claude: Critical solvency issue: interest coverage of 0.2x means debt service cannot be met from operations. Negative operating cash flow (-$8.6M) and free cash flow (-$41.9M) indicate cash burn despite accounting profits.

What is SAFE's revenue and growth?

Safehold Inc. reported revenue of $110.9M.

Does SAFE pay dividends?

Safehold Inc. pays dividends, with $12.7M distributed to shareholders in the trailing twelve months.

Where can I find SAFE SEC filings?

Official SEC filings for Safehold Inc. (CIK: 0001095651) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SAFE's EPS?

Safehold Inc. has a diluted EPS of $0.40.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SAFE a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Safehold Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is SAFE stock overvalued or undervalued?

Valuation metrics for SAFE: ROE of 1.2% (sector avg: 8%), net margin of 26.0% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy SAFE stock in 2026?

Our dual AI analysis gives Safehold Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is SAFE's free cash flow?

Safehold Inc.'s operating cash flow is $-8.6M, with capital expenditures of $33.3M. FCF margin is -37.8%.

How does SAFE compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 26.0% (avg: 20%), ROE 1.2% (avg: 8%), current ratio N/A (avg: 1.5).

Is Safehold Inc. carrying too much debt?

SAFE has a debt-to-equity ratio of 1.93x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI