American Assets (AAT) vs Safehold New (SAFE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
American Assets (AAT) has outperformed Safehold New (SAFE) over the past year, gaining 7.2% versus a loss of 20.0%. Over five years, AAT leads with a -45.7% price change compared with -90.1% for SAFE. American Assets is the larger company by market cap ($1.66 billion vs $851.2 million), about 2.0 times the size.
On valuation, Safehold New trades at a lower trailing P/E (7.5x vs 74.0x for American Assets). American Assets offers the higher dividend yield (6.34% vs 5.89%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AAT | SAFE |
|---|---|---|
| Share price | $21.46 | $12.02 |
| Market cap | $1.66B | $851.21M |
| 1-day change | -0.19% | -0.66% |
| YTD return | +13.37% | -12.20% |
| 1-year return | +7.25% | -19.97% |
| 5-year return | -45.67% | -90.10% |
| P/E ratio (TTM) | 74.00 | 7.47 |
| Forward P/E | — | 7.17 |
| EPS (TTM) | $0.29 | $1.61 |
| Dividend yield | 6.34% | 5.89% |
| Annual dividend | $1.36 | $0.708 |
| 52-week high | $25.97 | $17.45 |
| 52-week low | $17.72 | $11.60 |
| Distance from 52-week high | -17.37% | -31.12% |
| Analyst consensus | underperform | hold |
| Avg. price target upside | +9.51% | +48.92% |
| Average volume | 437.12K | 392.21K |
| Shares outstanding | 61.40M | 70.82M |
| Employees | 232 | 72 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AAT has outperformed SAFE by 27.2 percentage points over the past year.
- American Assets trades at a higher earnings multiple (74.0x vs 7.5x trailing P/E).
About American Assets
AAT stock →American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust.
Real Estate · Real Estate Investment Trusts · 232 employees
About Safehold New
SAFE stock →Safehold Inc. is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings.
Real Estate · Real Estate Investment Trusts · 72 employees
AAT vs SAFE FAQ
Which is bigger, American Assets or Safehold New?
American Assets (AAT) is larger, with a market capitalization of $1.66B compared with $851.21M for Safehold New (SAFE).
Which stock has performed better over the past year, AAT or SAFE?
AAT returned +7.25% over the past 12 months, compared with -19.97% for SAFE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AAT or SAFE?
SAFE has the lower trailing P/E at 7.5, versus 74.0 for AAT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, American Assets or Safehold New?
American Assets has the higher yield at 6.34%, compared with 5.89% for Safehold New.
Are American Assets and Safehold New in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.