How to Buy Safehold Stock
Safehold Inc
Safehold is a diversified REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker SAFE on the NYSE exchange.
Safehold stock last closed at $17.58, down 2.6% from the previous day, and has decreased 70.27% in one year. It has underperformed other stocks in the REIT - Diversified industry by 0.49 percentage points. Safehold stock is currently +0.17% from its 52-week low of $17.55, and -76.52% from its 52-week high of $74.88.
There are currently 63.97M SAFE shares outstanding. The market cap of SAFE is $1.12B. In the last 24 hours, 352,069 SAFE shares were traded.
How to Buy Safehold Stock
Not sure how to invest in Safehold stock? Here's how.
- Decide where to buy Safehold stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Safehold stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Evaluate Safehold stock: The Safehold ticker symbol is SAFE. Is Safehold stock a good investment? Should you buy shares of SAFE? How do SAFE's underlying business fundamentals look? Do top analysts think Safehold is a good buy? Why has SAFE's stock price moved recently? (Hint: Our stock market research tools can help you figure out if SAFE is a good stock to buy).
- Execute your SAFE trade: Decide if you will purchase SAFE shares at the current market price or use a limit order to buy SAFE shares at a specific price.
- Watch your SAFE investment: Create a watchlist to get live updates on your new investment in Safehold shares.
Step 1: Decide where to buy Safehold stock
You need an online brokerage account in order to access the NYSE market and buy SAFE stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can buy SAFE today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to start your new trading account.
- Submit your application by clicking the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Safehold stock
Once you have selected the best place to buy Safehold stock, it's important to evaluate their stock prior to investing, so you actually understand the risk and opportunity.
Overview of key SAFE info
SAFE Zen Score
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on SAFE's stock page.
What is the fair value of SAFE stock?
You can use many financial metrics, analyses, models, and charts to gauge SAFE's fair value.
Using relative valuations metrics:
- SAFE could be undervalued based on its P/B ratio of 0.51x, relative to REIT - Diversified industry P/B ratio of 1.12x
You can do additional valuation analysis on SAFE's stock here.
SAFE Financial Health
Pros:
- Total SAFE debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SAFE has a relatively high debt to equity ratio of 1.89.
- SAFE profit margin has gone down from 55.2% to -19.7% in the past year.
- SAFE earnings of -$34.93M is not enough to cover its interest payments.
- SAFE's operating cash flow of $10.82M allows it to safely service it's debt of $3.98B.
Do Wall Street analysts think it's a good time to buy Safehold stock
Out of 5 sell side analysts who give forecasts on SAFE, the consensus analyst rating on SAFE is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Latest SAFE Analyst Upgrades/Downgrades
Matthew Howlett, a bottom 13% analyst from B. Riley Securities maintains SAFE with a strong buy rating and lowers their SAFE price target from $44.00 to $40.00, on Sep 6, 2023.
Caitlin Burrows, a bottom 11% analyst from Goldman Sachs initiates coverage on SAFE with a strong buy rating and announces their SAFE price target of $25.00, on Aug 23, 2023.
Ki Bin Kim, a top 15% analyst from Truist Securities maintains SAFE with a hold rating and lowers their SAFE price target from $31.00 to $24.00, on Aug 21, 2023.
Kenneth Lee, a bottom 9% analyst from RBC Capital maintains SAFE with a buy rating and lowers their SAFE price target from $41.00 to $38.00, on Aug 14, 2023.
Derek Hewett, a top 19% analyst from Bank of America maintains SAFE with a strong buy rating and lowers their SAFE price target from $40.00 to $34.00, on May 1, 2023.
You can dig deeper into what analysts are saying on the Safehold stock forecast page.
Metrics for Advanced SAFE Traders
Is SAFE Making Money?
Last year, SAFE revenue was $242.03M. Over the last five year, SAFE's revenue has grown by -20.43% per year. This was slower than the REIT - Diversified industry average of 26.34%.
You can analyze SAFE's earnings and revenue performance here.
Who is buying/selling SAFE?
In the past year, executives and large shareholders at SAFE have sold more shares than they have bought.
Jay Sugarman, CHAIRMAN AND CEO of SAFE, was the latest SAFE insider to buy. They bought $1,399,988.00 worth of SAFE stock on Aug 8, 2023.
Research more about who owns SAFE stock here.
Can I get consistent income from SAFE stock?
Safehold pays a dividend of 20.06%, compared to the REIT - Diversified industry's average dividend yield of 7.37%. If you owned $1,000 worth of SAFE stock, you would have been paid $200.63 in the past 12 months.
Safehold dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more data about Safehold dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your SAFE trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your SAFE investment
Now that you own some SAFE stock, you'll want to stay up-to-date on your shares.
Start a watchlist to track the latest developments regarding your SAFE stock.
SAFE Feed
How to Buy Stock in Safehold
To summarize, here are the 6 steps to buy Safehold stock:
- Decide where to buy Safehold stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Safehold stock
- Execute your SAFE trade
- Watch your SAFE investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Safehold, hit the button below to create your watchlist.
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