Truist Financial Cuts Safehold (NYSE:SAFE) Price Target to $13.00

Posted by Brian Himes on Oct 1st, 2026

Safehold (NYSE:SAFE – Free Report) had its price objective lowered by Truist Financial from $17.00 to $13.00 in a report released on Monday morning,Benzinga reports. Truist Financial currently has a hold rating on the stock.

A number of other analysts also recently commented on SAFE. Wall Street Zen raised Safehold from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Safehold in a research note on Tuesday, August 4th. Weiss Ratings raised Safehold from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 31st. JPMorgan Chase & Co. lowered Safehold from a “neutral” rating to an “underweight” rating and set a $14.00 target price on the stock. in a report on Thursday, September 24th. Finally, Mizuho dropped their price target on shares of Safehold from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, September 17th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $15.67.

Read Our Latest Analysis on Safehold

Safehold Price Performance

NYSE SAFE opened at $11.79 on Monday. Safehold has a 12 month low of $11.75 and a 12 month high of $17.45. The company has a debt-to-equity ratio of 1.77, a current ratio of 34.37 and a quick ratio of 34.36. The firm has a market capitalization of $834.61 million, a PE ratio of 7.27, a P/E/G ratio of 3.58 and a beta of 1.73. The company’s 50 day simple moving average is $14.86 and its 200 day simple moving average is $15.09.

Safehold (NYSE:SAFE – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. The firm had revenue of $114.65 million during the quarter, compared to the consensus estimate of $110.78 million. Safehold had a return on equity of 4.76% and a net margin of 27.70%. As a group, equities research analysts forecast that Safehold will post 1.64 EPS for the current fiscal year.

Safehold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.1770 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.71 annualized dividend and a dividend yield of 6.0%. Safehold’s dividend payout ratio is currently 43.83%.

Insider Activity

In other news, Director Robin Josephs sold 9,500 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $14.56, for a total transaction of $138,320.00. Following the completion of the sale, the director owned 89,068 shares in the company, valued at approximately $1,296,830.08. This represents a 9.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Safehold

A number of hedge funds have recently modified their holdings of the stock. Tidal Investments LLC acquired a new position in shares of Safehold in the 2nd quarter valued at $1,077,000. Squarepoint Ops LLC acquired a new stake in Safehold during the 2nd quarter worth about $658,000. Corient Private Wealth LP raised its holdings in Safehold by 37.6% during the 2nd quarter. Corient Private Wealth LP now owns 15,273 shares of the company’s stock worth $241,000 after buying an additional 4,171 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Safehold during the second quarter valued at about $189,000. Finally, Hsbc Holdings PLC lifted its stake in Safehold by 7.2% during the second quarter. Hsbc Holdings PLC now owns 109,952 shares of the company’s stock valued at $1,726,000 after buying an additional 7,370 shares in the last quarter. 70.38% of the stock is currently owned by institutional investors and hedge funds.

About Safehold

(Get Free Report)

Safehold Inc (NYSE: SAFE) is a real estate investment trust focused on owning and managing ground leases. Through its ground lease structure, Safehold acquires the land beneath commercial real estate properties and leases it to property owners under long-term agreements, allowing those owners to retain ownership of and operate the buildings on the sites.

The company’s ground lease investments support a range of property types, including multifamily housing, office buildings, hotels, life sciences facilities, student housing, industrial properties and retail assets.