Brief: Safehold Q2 EPS USD 0.39

Safehold

05/08/2025 21:05

Overview

Real estate investment trust Safehold Q2 revenue of $93.8 mln missed analyst expectations, per LSEG data

Company closed $220 mln of originations, including ground leases and leasehold loans

Estimated Unrealized Capital Appreciation increased to $9.1 bln

Result Drivers

ORIGINATIONS - Closed $220 mln of originations, including ground leases and leasehold loans

CUSTOMER ENGAGEMENT - Co noted increasing customer engagement as a positive driver

CAPITAL APPRECIATION - Estimated Unrealized Capital Appreciation rose to $9.1 bln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$93.80 mln
$94.10 mln (6 Analysts)
Q2 EPS
$0.39
Q2 Net Income
$27.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified reits peer group is "buy"

Wall Street's median 12-month price target for Safehold Inc is $21.00, about 32.6% above its August 4 closing price of $14.15

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn8Wbqkla

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)