Safehold Inc.
SAFENYSE
$17.10
↓ -0.4%Jul 17 close · end-of-day
Price
1Y↑ +18.2%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.2B
Enterprise Value
$5.9B
P/E
10.8
P/S
3.1
P/B
0.5
EV/EBITDA
54.0
PEG
—
FCF Yield
—
Dividend Yield
4.1%
Revenue (TTM)
$398.7M
Net Income (TTM)
$114.0M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
25.4%
Net Margin
28.6%
ROE
4.7%
ROIC
1.4%
Debt / Equity
1.9
Net Cash
-$4.7B
Return 1Y
+19.3%
Company profile
iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country. iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.
- CEO
- Jay Sugarman
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 120
- Headquarters
- New York
- Website
- istar.com
Management & directors
- Uhlick Christopher MichaelChief Accounting Officer
- Asnas BrettCHIEF FINANCIAL OFFICER
- Sugarman JayCHAIRMAN AND CEO
- Trachtenberg Michael LanePresident
Roles derived from SEC Form 4 filings.
Earnings
SAFE Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$110.9M↑ +13.5%
Diluted EPS$0.40↓ -2.4%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $324.1M | $187.0M | $270.3M | $352.6M | $365.7M | $385.6M |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | $65.5M | $135.6M | -$77.1M | $87.1M | $100.9M |
| Net income | -$42.4M | $73.1M | $135.4M | -$55.0M | $105.8M | $114.5M |
| Diluted EPS | -$0.87 | $1.32 | $2.17 | -$0.82 | $1.48 | $1.59 |
| Operating cash flow | $21.9M | $26.9M | $64.9M | $15.4M | $37.9M | $47.8M |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | 35.0% | 50.2% | -21.9% | 23.8% | 26.2% |
| Net margin | -13.1% | 39.1% | 50.1% | -15.6% | 28.9% | 29.7% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $89.9M | $90.7M | $91.9M | $97.7M | $93.8M | $96.2M | $97.9M | $110.9M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $24.0M | $15.9M | $22.6M | $25.3M | $23.9M | $24.9M | $26.8M | $25.5M |
| Net income | $29.7M | $19.3M | $26.0M | $29.4M | $27.9M | $29.3M | $27.9M | $28.9M |
| Diluted EPS | $0.42 | $0.27 | $0.36 | $0.41 | $0.39 | $0.41 | $0.38 | $0.40 |
| Operating cash flow | $24.8M | $8.3M | $7.9M | $8.9M | $28.0M | -$1.4M | $12.3M | -$8.6M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 26.7% | 17.5% | 24.6% | 25.9% | 25.5% | 25.9% | 27.4% | 23.0% |
| Net margin | 33.0% | 21.3% | 28.3% | 30.1% | 29.8% | 30.5% | 28.5% | 26.0% |
Company news
Jul 17, 2026
Jul 14, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-15 | JOSEPHS ROBIN | Award | 335 | $0.00 | $0.00 | filing |
| 2026-07-15 | RIDINGS BARRY W | Award | 30 | $0.00 | $0.00 | filing |
| 2026-05-29 | Uhlick Christopher Michael· Chief Accounting Officer | Award | 4,500 | $0.00 | $0.00 | filing |
| 2026-05-14 | RIDINGS BARRY W | Award | 8,778 | $0.00 | $0.00 | filing |
| 2026-05-14 | JOSEPHS ROBIN | Award | 8,778 | $0.00 | $0.00 | filing |
| 2026-05-14 | NYDICK JAY S | Award | 8,778 | $0.00 | $0.00 | filing |
| 2026-05-14 | SELIG STEFAN M | Award | 13,655 | $0.00 | $0.00 | filing |
| 2026-04-15 | JOSEPHS ROBIN | Award | 359 | $0.00 | $0.00 | filing |
| 2026-04-15 | RIDINGS BARRY W | Award | 33 | $0.00 | $0.00 | filing |
| 2026-03-31 | SUGARMAN JAY· CHAIRMAN AND CEO | Tax withholding | 23,662 | $0.00 | $0.00 | filing |
| 2026-03-31 | Asnas Brett· CHIEF FINANCIAL OFFICER | Tax withholding | 8,118 | $0.00 | $0.00 | filing |
| 2026-02-27 | SUGARMAN JAY· CHAIRMAN AND CEO | Award | 90,149 | $0.00 | $0.00 | filing |
| 2026-02-27 | SUGARMAN JAY· CHAIRMAN AND CEO | Tax withholding | 40,825 | $0.00 | $0.00 | filing |
| 2026-02-27 | Asnas Brett· CHIEF FINANCIAL OFFICER | Award | 66,171 | $0.00 | $0.00 | filing |
| 2026-02-27 | Asnas Brett· CHIEF FINANCIAL OFFICER | Tax withholding | 27,295 | $0.00 | $0.00 | filing |
| 2026-01-15 | JOSEPHS ROBIN | Award | 362 | $0.00 | $0.00 | filing |
| 2026-01-15 | RIDINGS BARRY W | Award | 33 | $0.00 | $0.00 | filing |
| 2025-12-01 | Trachtenberg Michael Lane· President | Award | 93,076 | $0.00 | $0.00 | filing |
| 2025-10-15 | RIDINGS BARRY W | Award | 32 | $0.00 | $0.00 | filing |
| 2025-10-15 | JOSEPHS ROBIN | Award | 346 | $0.00 | $0.00 | filing |
| 2025-07-15 | RIDINGS BARRY W | Award | 33 | $0.00 | $0.00 | filing |
| 2025-07-15 | JOSEPHS ROBIN | Award | 356 | $0.00 | $0.00 | filing |
| 2025-07-07 | Uhlick Christopher Michael· Chief Accounting Officer | Award | 7,983 | $0.00 | $0.00 | filing |
Latest 23 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.