In the Green: Safehold Inc (SAFE) Closes at 16.96, Up/Down -5.83 from Previous Day

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

In the latest session, Safehold Inc (NYSE: SAFE) closed at $16.96 down -5.83% from its previous closing price of $18.01. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 0.67 million shares were traded. SAFE stock price reached its highest trading level at $18.21 during the session, while it also had its lowest trading level at $16.8705.

Ratios:

For a deeper understanding of Safehold Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.85. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.91.

On May 10, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $22 to $20.

On January 23, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $35.JMP Securities initiated its Mkt Outperform rating on January 23, 2024, with a $35 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAFE now has a Market Capitalization of 1211557888 and an Enterprise Value of 5533096448. As of this moment, Safehold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.00, and their Forward P/E ratio for the next fiscal year is 10.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.17 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 13.796 whereas that against EBITDA is 17.487.

Stock Price History:

Over the past 52 weeks, SAFE has reached a high of $28.80, while it has fallen to a 52-week low of $17.91. The 50-Day Moving Average of the stock is -16.95%, while the 200-Day Moving Average is calculated to be -20.86%.

Shares Statistics:

For the past three months, SAFE has traded an average of 391.47K shares per day and 608410 over the past ten days. A total of 71.44M shares are outstanding, with a floating share count of 49.72M. Insiders hold about 30.40% of the company’s shares, while institutions hold 69.28% stake in the company. Shares short for SAFE as of 1734048000 were 3884754 with a Short Ratio of 9.92, compared to 1731628800 on 3825450. Therefore, it implies a Short% of Shares Outstanding of 3884754 and a Short% of Float of 9.959999999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for SAFE is 0.71, from 0.708 in the trailing year. Against a Trailing Annual Dividend Yield of 0.039311495The stock’s 5-year Average Dividend Yield is 2.03.

Most Popular