Safehold Inc (NYSE: SECURE) is expected to report its third quarter 2024 results on October 29, 2024. The consensus estimate for third quarter 2024 revenue is $90.42 million, and earnings are expected to be $0.37 per share . Full-year 2024 revenue is expected to be $363.1 million and earnings are expected to be $1.59 per share. More detailed estimation data can be found on the Forecast page.

Over the past 90 days, revenue estimates for Safehold Inc (NYSE: SECURE) for the full year 2024 increased from $359.94 million to $363.1 million, and for 2025, from $383.01 million to $386.65 million. Similarly, earnings estimates rose from $1.53 per share to $1.59 per share for 2024, and from $1.60 per share to $1.67 per share for 2025.

During the previous quarter on June 30, 2024, Safehold Inc (NYSE: SECURE) actual revenue was $89.9 million, 1.63% higher than analysts’ expectations of $88.452 million. Safehold Inc (NYSE: SECURE) actual earnings were $0.42 per share, 15.7% higher than analysts’ expectations of $0.363 per share. After publishing the results, Safehold Inc (NYSE: SECURE) is up 2.39% in one day.

Based on 1-year price targets offered by 12 analysts, Safehold Inc’s average price target (NYSE: SECURE) costs $29.75 with a high estimate of $38 and a low estimate of $20. The average target implies an upside of 29.29% from the current price of $23.01.

Based on GuruFocus estimates, the estimate FG value for Safehold Inc (NYSE: SECURE) in one year is $36.95, which suggests an upside of 60.58% from the current price of $23.01.

Based on the consensus recommendation of 13 brokerage firms, Safehold Inc (NYSE: SECURE) the average brokerage recommendation is currently 2.2, indicating an “Outperform” status. The rating scale is 1 to 5, where 1 means strong buy and 5 means sell.

This article, generated by GuruFocus, is designed to provide general information and does not constitute personalized financial advice. Our comments are based on historical data and analyst projections, using unbiased methodology, and are not intended to act as specific investment advice. It does not make a recommendation to purchase or sell shares and does not take into account individual investment objectives or financial situation. Our goal is to provide long-term, data-driven fundamental analysis. Please be aware that our analysis may not incorporate the most recent price-sensitive company announcements or qualitative information. GuruFocus has no position in any stocks mentioned here.

This article first appeared on GuruFocus.