Safehold (SAFE) Q3 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
- $0.41
- Estimate
- $0.43
- Surprise
- -4.3%
- Score today
- 5.6/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Safehold (SAFE) missed the $0.43 estimate with adjusted EPS of $0.41 — a clear 4.3% shortfall.
Coverage in the report window
- Safe at Sea Reports Revenue Decline and Negative Results for Jan–Sep 2026 — fiscal.ai, 2026-11-01
Where TrendMatrix's rating stands now
TrendMatrix currently rates SAFE Sell at 5.6/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -4.3% surprise compares with a -2.1% four-quarter average.
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