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 5.6/10.
1 of the last 4 quarters beat the estimate; this quarter's +1.0% surprise compares with a -2.1% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Margin of safety: 68%
- Analyst upside: 22%
What argues against it
- Sector modifier (Real Estate): -1.2
- Leverage penalty (D/E 1.8): -1.0
- Consecutive earnings misses (2)
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
- $11.23
- Price target
- $13.73
- Stop
- $10.44
- Upside to target
- +22.3%
- Reward-to-risk
- 2.8:1
At 7.0× trailing and 6.7× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — 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
- $795.3M
- P/E (fwd)
- 6.7
- P/E (ttm)
- 7.0
- 52-week range
- $10.61–$17.45
- Off 52-week high
- 35.6%
- RSI (14)
- 46
- Volume vs avg
- 0.73×
- Score today
- 5.6/10