Safehold Inc (SAFE, Financial) is set to release its Q3 2024 earnings on Oct 28, 2024. The consensus estimate for Q3 2024 revenue is $90.42 million, and the earnings are expected to come in at $0.37 per share. The full year 2024's revenue is expected to be $363.1 million, and the earnings are expected to be $1.59 per share. More detailed estimate data can be found on the Forecast page.
Safehold Inc (SAFE, Financial) Estimates Trends
Revenue estimates for Safehold Inc (SAFE) have increased from $359.94 million to $363.1 million for the full year 2024 and from $383.01 million to $386.65 million for 2025 over the past 90 days. Earnings estimates have risen from $1.53 per share to $1.59 per share for the full year 2024 and from $1.60 per share to $1.67 per share for 2025 in the same period.
Safehold Inc (SAFE, Financial) Reported History
In the previous quarter of 2024-06-30, Safehold Inc's (SAFE) actual revenue was $89.9 million, which beat analysts' revenue expectations of $88.452 million by 1.63%. Safehold Inc's (SAFE) actual earnings were $0.42 per share, which beat analysts' earnings expectations of $0.363 per share by 15.7%. After releasing the results, Safehold Inc (SAFE) was up by 2.39% in one day.
Safehold Inc (SAFE, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 12 analysts, the average target price for Safehold Inc (SAFE) is $29.75 with a high estimate of $38 and a low estimate of $20. The average target implies an upside of 28.34% from the current price of $23.18.
Based on GuruFocus estimates, the estimated GF Value for Safehold Inc (SAFE, Financial) in one year is $36.95, suggesting an upside of 59.4% from the current price of $23.18.
Based on the consensus recommendation from 13 brokerage firms, Safehold Inc's (SAFE, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
