earnings
confidence high
sentiment negative
materiality 0.65
Safehold Q1 revenue $110.9M (+13% YoY); EPS $0.40 down 2% YoY
Safehold Inc.
2026-Q1 EPS reported
$0.40
revenue$110,854,000
- Revenue $110.9M (+13% YoY); GAAP net income $28.9M (-2% YoY); EPS $0.40.
- Closed $68M in new originations: $54M ground leases, $14M leasehold loan.
- Non-binding LOIs ~$255M; Estimated UCA grew to $9.5B.
- Park Hotels portfolio reduced net income by $3.5M due to hotel seasonality.
- Repurchased 236k shares for $3.4M at avg $14.39; no debt maturities until 2029.
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