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Safehold Inc. - SAFE STOCK NEWS

Welcome to our dedicated news page for Safehold (Ticker: SAFE), a resource for investors and traders seeking the latest updates and insights on Safehold.

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.

Rhea-AI Summary
Safehold Inc. (SAFE) reported strong financial results for Q4'23 and FY'23, with revenue of $103.0 million and $352.6 million, respectively. Net income for Q4'23 was $41.2 million, while FY'23 showed a net loss of ($55.0) million. Earnings per share for Q4'23 were $0.58 and ($0.82) for FY'23. Key highlights include a merger with iStar, credit ratings upgrades, and successful capital raising initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.86%
Tags
earnings
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Rhea-AI Summary
Safehold Inc. (NYSE: SAFE) will release its financial results for Q4 and fiscal year 2023 on February 12, 2024, followed by an earnings conference call on February 13, 2024. The company aims to revolutionize real estate ownership by providing a new way for owners to unlock the value of the land beneath their buildings. Safehold seeks to deliver safe, growing income and long-term capital appreciation to its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
earnings
-
News
Rhea-AI Summary
Safehold Inc. (NYSE: SAFE) announced updates to its executive management team, with Tim Doherty appointed as Chief Investment Officer and Steve Wylder as EVP, Head of Investments. Marcos Alvarado, the current President & Chief Investment Officer, will be stepping down from the Company to pursue a professional opportunity at a private investment firm. The company's Chairman and CEO, Jay Sugarman, expressed confidence in the new appointments and thanked Marcos for his contributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.52%
Tags
management
Rhea-AI Summary
Safehold Inc. (NYSE: SAFE) completed a merger with iStar Inc. and changed its name to Safehold Inc. The tax treatment of distributions for both companies pre-and-post-merger is detailed in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
dividends acquisition
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Rhea-AI Summary
Safehold Inc. (NYSE: SAFE) declares common stock dividends of $0.177 per share for Q4 2023, representing an annualized rate of $0.708 per share. The dividends are payable on January 16, 2024, to holders of record on December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends earnings
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Rhea-AI Summary
Safehold Inc. (NYSE: SAFE) announced CEO Jay Sugarman's presentation at the Goldman Sachs Financial Services Conference on December 6, 2023, at 2:20pm ET. The remarks will be broadcast live and accessible through Safehold's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
conferences
Rhea-AI Summary
Safehold, Inc. (NYSE: SAFE) has closed a ground lease for the development of 80 Saratoga, a 200-unit Low Income Tax Credit community in Santa Clara, California, with The Pacific Companies. Executive Vice President Steve Wylder expressed excitement about the partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.49%
Tags
none
-
Rhea-AI Summary
Star Holdings (NASDAQ: STHO) reported a net loss of ($81.8 million) and a loss per share of ($6.14) for the third quarter of 2023, primarily due to a non-cash adjustment of ($80.2 million) related to their investment in SAFE. The company also monetized $24.8 million of land and development assets and repaid $34.8 million of its Margin Loan Facility. More details are available in the Form 10-Q on their website or the SEC website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
earnings
-
Rhea-AI Summary
Star Holdings (NASDAQ: STHO) reported a net loss of ($81.8 million) and a loss per share of ($6.14) for the third quarter of 2023, primarily due to a non-cash adjustment of ($80.2 million) related to their investment in SAFE. The company also monetized $24.8 million of land and development assets and repaid $34.8 million of its Margin Loan Facility. More details are available in the Form 10-Q on their website or the SEC website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
earnings
Rhea-AI Summary
Safehold Inc. reported its Q3 2023 results, with revenue of $85.6 million and a net income attributable to common shareholders of ($123.0) million. The company closed $53 million of new originations during the quarter, bringing the total aggregate portfolio to $6.4 billion. Safehold also raised $152 million of equity and received a credit ratings upgrade to A3 from Moody's Investors Services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
earnings
Safehold Inc.

NYSE:SAFE

SAFE Rankings

SAFE Stock Data

1.40B
54.48M
7.15%
76.74%
4.67%
Other Financial Vehicles
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New York

About SAFE

istar (nyse: star) finances, invests in and develops real estate and real estate related assets as an adaptive investment company. building on over two decades of experience and more than $35 billion of transactions, istar brings uncommon capabilities and new ways of thinking to commercial real estate. structured as a real estate investment trust (“reit”), its portfolio is diversified by asset type, property type, geography and obligor, with a focus on larger assets located in major metropolitan markets. additional information on istar is available on the company's website at www.istar.com.