With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. The 52-week range on SAFE shows that it touched its highest point at $28.62 and its lowest point at $13.68 during that stretch. It currently has a 1-year price target of $23.18. With its current market cap of 1.15 billion, SAFE has annualized dividend of $0.71 while the current yield stands at 4.44%. Beta for the stock currently stands at 1.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAFE was up-trending over the past week, with a rise of 1.33%, but this was down by -3.68% over a month. Three-month performance dropped to -3.56% while six-month performance fell -22.90%. The stock lost -15.11% in the past year, while it has lost -13.64% so far this year. A look at the trailing 12-month EPS for SAFE yields 1.50 with Next year EPS estimates of 1.63. For the next quarter, that number is 0.40. This implies an EPS growth rate of 1.70% for this year and 1.96% for next year. EPS is expected to grow by 1.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -42.37%.
Float and Shares Shorts:
At present, 71.44 million SAFE shares are outstanding with a float of 49.70 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAFE since 6 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.59441 being high and $1.53499 being low. For SAFE, this leads to a yearly average estimate of $1.5548.
