Safehold (SAFE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.42
- Estimate
- $0.42
- Surprise
- +1.0%
- Revenue (period 2026-06-30)
- $114.6M
- Score at report (before → after)
- 5.2 → 5.5/10
Revenue source: xbrl.
How the report landed
Safehold (SAFE) reported adjusted EPS of $0.42, in line with the $0.42 estimate. TrendMatrix's engine moved from Buy (Wait) (5.2/10) to Sell at 5.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SAFE Sell at 5.8/10.
2 of the last 4 quarters beat the estimate; this quarter's +1.0% surprise compares with a +0.1% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Positive news sentiment (+0.83)
- Attractive valuation
What argues against it
- Sector modifier (Real Estate): -1.2
- Leverage penalty (D/E 1.8): -1.0
- Earnings in 5 days (event risk)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $10.97
- Price target
- $13.73
- Stop
- $10.29
- Upside to target
- +25.2%
- Reward-to-risk
- 3.3:1
At 6.8× trailing and 6.6× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
SAFE at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Diversified
- Market cap
- $776.9M
- P/E (fwd)
- 6.6
- P/E (ttm)
- 6.8
- 52-week range
- $10.61–$17.45
- Off 52-week high
- 37.1%
- RSI (14)
- 33
- Volume vs avg
- 1.40×
- Score today
- 5.8/10