Welcome to our dedicated page for Safehold news (Ticker: $SAFE), a resource for investors and traders seeking the latest updates and insights on Safehold stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Safehold's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Safehold's position in the market.
Safehold Inc. (NYSE: SAFE) reported strong first quarter 2024 results with revenue of $93.2 million, net income of $30.7 million, and earnings per share of $0.43. The company closed a new $2.0 billion unsecured credit facility, issued $300 million of 10-year unsecured notes, and realized hedge gains of $21 million. Safehold remains agile in a volatile macro environment, focusing on capital raises and pipeline expansion. The company's Chairman and CEO, Jay Sugarman, highlighted the positive outlook for capital deployment and customer service. Safehold's modern ground lease model aims to optimize real estate ownership and deliver consistent returns to shareholders.