Royal Bank of Canada cuts target for Safehold stock to USD 13.00
Published on 10/15/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- On October 9, 2026, Royal Bank of Canada cut its Safehold target from USD 16.00 to USD 13.00.
- Third-quarter revenue is estimated at USD 117.38 million for November 4, 2026.
- Safehold stock costs EUR 10.48 at Lang & Schwarz on October 15, 2026 at 8:32 p.m. CEST, up 1.90 percent on Nasdaq versus the prior close of October 14, 2026.
- Safehold's market capitalization is USD 833.5 million as of October 15, 2026.
Royal Bank of Canada cut its Safehold target from USD 16.00 to USD 13.00 on October 9, 2026, while maintaining a Sector Perform rating, according to MarketBeat. The new target stands 10.45 percent above the Nasdaq price of USD 11.77 at 12:35 p.m. ET on October 15, 2026. Safehold stock was priced at EUR 10.48 at Lang & Schwarz on October 15, 2026 at 8:32 p.m. CEST, up 1.90 percent on Nasdaq versus the prior close of October 14, 2026.
Revenue estimate points to November
Safehold is estimated to report third-quarter results on November 4, 2026, after the market closes. MarketBeat lists consensus revenue of USD 117.38 million and consensus earnings of USD 0.4292 per share for that quarter. The revenue estimate would be 22.10 percent above the USD 96.16 million reported for the same quarter a year earlier.
Price position stays near the yearly low
The Nasdaq price of USD 11.77 was 2.53 percent above the 52-week low of USD 11.48 and 32.55 percent below the 52-week high of USD 17.45 on October 15, 2026. Safehold traded 137,088 shares, compared with an average volume of 429,732 shares. Its euro quote was EUR 10.48 at Lang & Schwarz during after-hours trading at 8:32 p.m. CEST.
Valuation and peer comparison
Safehold had a market capitalization of USD 833.5 million, a trailing price-to-earnings ratio of 7.27 and a dividend yield of 6.00 percent as of October 15, 2026. Its second-quarter 2026 revenue was USD 114.65 million, up 3.42 percent from USD 110.85 million in the first quarter, while diluted earnings per share rose from USD 0.40 to USD 0.42.
Comparison with peers
Safehold: up 1.90 percent, P/E 7.27, market capitalization USD 833.5 million
BXP (NYSE, USD): up 2.06 percent, P/E 31.62, market capitalization USD 9.4 billion
Vornado Realty Trust (NYSE, USD): up 2.91 percent, P/E 1,004.38, market capitalization USD 6.2 billion
What comes next
The November 4, 2026 reporting date is the next scheduled company event. The most recent quarterly figures showed USD 114.65 million in revenue and USD 0.42 in diluted earnings per share for the second quarter of 2026, figures reported by MarketBeat.
Trading view for investors
The valuation gap between Safehold and the two larger real estate peers is clear in the reported multiples, while the stock remains close to its 52-week low in dollar terms. The further course of trading is shown by the continuously updated real-time quote of Safehold stock.
Safehold stock market data
- Company: Safehold Inc.
- ISIN: US78646V1070
- Ticker: SAFE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 8:32 p.m. CEST): EUR 10.48
- Change on Nasdaq: plus 1.90 percent versus the prior close of October 14, 2026
- Market capitalization: USD 833.5 million (as of October 15, 2026)
- 52-week range: USD 11.48-17.45 (as of October 15, 2026)
- Sector / Industry: Real Estate / REIT - Diversified
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
