$SAFE

Safehold Inc. (SAFE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.2 3 safe-20260730xex99d2.htm EX-99.2 Exhibit 99.2 Q2’26 Earnings Results 2 Safehold | The Ground Lease Company | July 2026 Q2’26 Summary Q2’26 (7 GLs) Ground Lease Originations $150m1 Markets 4 (1 new) Sponsors 4 (1 new) GLTV2 35% Underwritten Rent Coverage3 3.0x Economic Y

Simply Wall St reports that Safehold Inc. (NYSE:SAFE) closed two California ground leases in June 2026 for Low-Income Housing Tax Credit projects, supporting 570 affordable housing units in Simi Valley and San Ysidro. The Pacific Companies will develop the projects with tax credit equity from U.S. Bank and Wells Fargo. The article cites Safehold’s 2029 forecasts of $484.8M revenue and $141.9M earnings.

Safehold Inc. (NYSE: SAFE) said it closed two affordable housing ground leases in June in California, totaling 570 units. The LIHTC projects are in Simi Valley (Ventura County) and San Ysidro (San Diego County), developed by The Pacific Companies. U.S. Bank and Wells Fargo provided tax credit equity, according to Safehold.

Safehold Inc. (NYSE: SAFE) said it closed a $45 million ground lease for an affordable housing project in the Soquel area of Santa Cruz, California. The Pacific Companies will develop the Low-Income Housing Tax Credit project, which will deliver 256 units in 2028. Wells Fargo and Citi Community Capital provided construction financing and tax credit equity, with Citi also providing permanent financing, according to Safehold.

Safehold Inc. reported mixed Q1 2026 results, beating revenue expectations significantly with $110.9 million, but missing EPS forecasts at $0.40. Despite the EPS miss and ongoing litigation with Park Hotels, the stock rose 1.39% due to strong revenue growth and a robust liquidity position of $1.1 billion. The company is focusing on expanding multifamily ground leases and affordable housing transactions, with a continued stock buyback program reflecting confidence in its undervalued shares.

Safehold Inc. (SAFE) reported an estimated $9,510 million in unrealized capital appreciation (UCA) in its ground lease residual portfolio as of March 31, 2026. This figure is derived from a "Combined Property Value" of $16,247 million against a ground lease cost of $6,737 million, based on independent appraisals from CBRE, Inc. The company also provided an update on its Caret unit program, noting that officers and employees beneficially own about 14.8% of outstanding units, with the company retaining 83.9% of outstanding Caret units.

MarketBeat reports that Safehold Inc. (NYSE:SAFE) has received a consensus "Hold" rating from eleven analysts, with an average 12-month target price of $19.25. The company recently reported quarterly earnings of $0.42 per share, meeting estimates, and revenue of $97.87 million, slightly exceeding expectations. Safehold also announced a quarterly dividend of $0.177, translating to a 4.6% annualized yield.

Jay Sugarman, CEO of Safehold Inc. (SAFE), reported a disposition of 23,662 shares of common stock for tax withholding purposes on March 31, 2026. This action was taken to satisfy tax obligations related to the vesting of Restricted Stock Units (RSUs) and was not an open-market sale. Following this transaction, Mr. Sugarman directly holds 1,830,283 Safehold common shares, with additional indirect holdings through his spouse, family trusts, and a foundation.

Safehold Inc. has filed a prospectus supplement to register the resale of up to 6,105,389 shares of common stock by identified selling stockholders. The company will not receive proceeds from these resales but will cover registration expenses. The filing details current share ownership by MSD EIV Private Vault, LLC and MSD Vault Investments, LLC, and outlines the plan of distribution for these shares.

JPMorgan Chase & Co. increased its stake in Safehold Inc. by 24.7% in the third quarter, acquiring an additional 279,664 shares to bring its total holdings to 1,411,158 shares valued at approximately $21.86 million. Safehold (NYSE:SAFE) recently announced a quarterly dividend of $0.177 per share and reported Q3 earnings of $0.42 EPS, meeting analyst estimates, with a market capitalization of nearly $999 million. The company currently holds an average analyst rating of "Hold" with a target price of $19.33.