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

SAFE NYSE Real Estate Investment Trusts CIK: 0001095651
Recently Updated • Analysis: Apr 15, 2026 • SEC Data: 2025-12-31
SELL
85% Conf
Pending
Analysis scheduled

📊 SAFE Key Takeaways

Revenue: $385.6M
Net Margin: 29.7%
Free Cash Flow: $14.5M
Current Ratio: N/A
Debt/Equity: 1.90x
EPS: $1.59
AI Rating: SELL with 85% confidence
Safehold Inc. (SAFE) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $385.6M, net profit margin of 29.7%, and return on equity (ROE) of 4.8%, 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 strong profitability margins (29.7% net margin) but faces critical financial distress risk with an interest coverage ratio of 0.7x, indicating operating income cannot cover interest expenses. Combined with poor capital efficiency (ROE 4.8%, ROA 1.6%), minimal free cash flow ($14.5M), and extreme leverage ($4.6B debt against $21.7M cash), the company's financial structure is unsustainable without significant operational improvement or debt restructuring.

Why Buy Safehold Inc. Stock? SAFE Key Strengths

Claude
  • + Strong operating margin of 26.2% and net margin of 29.7% demonstrating pricing power and operational efficiency
  • + Revenue growth of 5.4% YoY with diluted EPS growth of 7.4% YoY suggesting share buyback activity and operational momentum
  • + Operating income of $100.9M provides baseline cash generation capability

SAFE Stock Risks: Safehold Inc. Investment Risks

Claude
  • ! Interest coverage ratio of 0.7x critically below sustainable levels—operating income cannot cover interest expenses, indicating financial distress
  • ! Extremely low capital returns with ROE of 4.8% and ROA of 1.6% revealing poor asset deployment efficiency
  • ! Excessive leverage (Debt/Equity 1.90x) with only $21.7M cash against $4.6B debt creates acute refinancing and solvency risk

Key Metrics to Watch

Claude
  • * Interest coverage ratio trajectory—must improve to above 1.5x minimum for financial stability
  • * Free cash flow sustainability relative to debt service obligations and capital requirements
  • * Total debt levels and scheduled maturities—assess refinancing risk and deleveraging progress

Safehold Inc. (SAFE) Financial Metrics & Key Ratios

Revenue
$385.6M
Net Income
$114.5M
EPS (Diluted)
$1.59
Free Cash Flow
$14.5M
Total Assets
$7.2B
Cash Position
$21.7M

💡 AI Analyst Insight

The relatively thin 3.8% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

SAFE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 26.2%
Net Margin 29.7%
ROE 4.8%
ROA 1.6%
FCF Margin 3.8%

SAFE vs Real Estate Sector: How Safehold Inc. Compares

How Safehold Inc. compares to Real Estate sector averages

Net Margin
SAFE 29.7%
vs
Sector Avg 20.0%
SAFE Sector
ROE
SAFE 4.8%
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
4.8%
Sector avg: 8%
Net Profit Margin
29.7%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.90x
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
1.90x
Debt/Assets
66.3%
Interest Coverage
0.68x
Long-term Debt
$4.6B

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
3.8%
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
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
Q2 2023 $64.9M $22.1M $0.35

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
$47.8M
Cash generated from operations
Capital Expenditures
$33.3M
Investment in assets
Dividends Paid
$50.9M
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
Apr 2, 2026 4 xslF345X06/form4-04022026_090441.xml View →
Apr 2, 2026 4 xslF345X06/form4-04022026_090440.xml View →
Mar 31, 2026 DEF 14A safe-20260514xdef14a.htm View →
Mar 25, 2026 8-K tm269525d1_8k.htm View →
Mar 3, 2026 4 xslF345X05/form4-03032026_070303.xml View →

Frequently Asked Questions about SAFE

What is the AI rating for SAFE?

Safehold Inc. (SAFE) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SAFE's key strengths?

Claude: Strong operating margin of 26.2% and net margin of 29.7% demonstrating pricing power and operational efficiency. Revenue growth of 5.4% YoY with diluted EPS growth of 7.4% YoY suggesting share buyback activity and operational momentum.

What are the risks of investing in SAFE?

Claude: Interest coverage ratio of 0.7x critically below sustainable levels—operating income cannot cover interest expenses, indicating financial distress. Extremely low capital returns with ROE of 4.8% and ROA of 1.6% revealing poor asset deployment efficiency.

What is SAFE's revenue and growth?

Safehold Inc. reported revenue of $385.6M.

Does SAFE pay dividends?

Safehold Inc. pays dividends, with $50.9M 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 $1.59.

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 April 2026, Safehold Inc. has a SELL rating with 85% 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 4.8% (sector avg: 8%), net margin of 29.7% (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 $47.8M, with capital expenditures of $33.3M. FCF margin is 3.8%.

How does SAFE compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 29.7% (avg: 20%), ROE 4.8% (avg: 8%), current ratio N/A (avg: 1.5).

Is Safehold Inc. carrying too much debt?

SAFE has a debt-to-equity ratio of 1.90x, 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: Apr 15, 2026 | Data as of: 2025-12-31 | Powered by Claude AI