Safehold (SAFE) reported strong FY 2025 results with US$385.6 million in revenue and EPS of US$1.60, demonstrating an 8.2% year-over-year EPS growth. The company’s net margin improved to 29.7%, and it trades at an attractive P/E of 9.8x, below its DCF fair value. Despite these positive indicators, concerns remain regarding the uncovered 4.52% dividend yield, weak interest coverage, and a significant US$4.8 billion debt load.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Safehold (SAFE) Earnings Valuation Gap Challenges Bearish Dividend And Leverage Narratives
Safehold (SAFE) reported strong FY 2025 results with US$385.6 million in revenue and EPS of US$1.60, demonstrating an 8.2% year-over-year EPS growth. The company’s net margin improved to 29.7%, and it trades at an attractive P/E of 9.8x, below its DCF fair value. Despite these positive indicators, concerns remain regarding the uncovered 4.52% dividend yield, weak interest coverage, and a significant US$4.8 billion debt load.