MetaCap

Saul Centers (BFS) 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

Saul Centers (BFS) has outperformed Safehold New (SAFE) over the past year, losing 4.1% versus a loss of 20.0%. Over five years, BFS leads with a -35.5% price change compared with -90.1% for SAFE. Saul Centers is the larger company by market cap ($1.03 billion vs $851.2 million), about 1.2 times the size.

On valuation, Safehold New trades at a lower trailing P/E (7.5x vs 30.2x for Saul Centers). Saul Centers offers the higher dividend yield (7.98% vs 5.89%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BFS-4.12%SAFE-19.97%
+25%+1%-24%
Oct 7, 20251 yearOct 7, 2026
BFS-36.00%SAFE-89.87%
+23%-36%-95%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BFS versus SAFE key metrics
MetricBFSSAFE
Share price$29.58$12.02
Market cap$1.03B$851.21M
1-day change-1.07%-0.66%
YTD return-6.18%-12.20%
1-year return-4.12%-19.97%
5-year return-35.54%-90.10%
P/E ratio (TTM)30.187.51
Forward P/E—7.17
EPS (TTM)$0.98$1.60
Dividend yield7.98%5.89%
Annual dividend$2.36$0.708
52-week high$38.42$17.45
52-week low$29.16$11.60
Distance from 52-week high-23.01%-31.12%
Analyst consensusnonehold
Avg. price target upside+45.37%+48.92%
Average volume113.06K392.21K
Shares outstanding24.72M70.82M
Employees15672
SectorReal EstateReal Estate
IndustryREIT - RetailREIT - Diversified

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

  • BFS has outperformed SAFE by 15.9 percentage points over the past year.
  • Saul Centers trades at a higher earnings multiple (30.2x vs 7.5x trailing P/E).
  • Saul Centers offers a meaningfully higher dividend yield (7.98% vs 5.89%).

About Saul Centers

BFS stock →

Saul Centers, Inc. is a self-managed, self-administered equity REIT.

Real Estate · REIT - Retail · 156 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 · REIT - Diversified · 72 employees

BFS vs SAFE FAQ

Which is bigger, Saul Centers or Safehold New?

Saul Centers (BFS) is larger, with a market capitalization of $1.03B compared with $851.21M for Safehold New (SAFE).

Which stock has performed better over the past year, BFS or SAFE?

BFS returned -4.12% 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, BFS or SAFE?

SAFE has the lower trailing P/E at 7.5, versus 30.2 for BFS. 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, Saul Centers or Safehold New?

Saul Centers has the higher yield at 7.98%, compared with 5.89% for Safehold New.

Are Saul Centers and Safehold New in the same industry?

Both are in the Real Estate sector, but in different industries: REIT - Retail for Saul Centers and REIT - Diversified for Safehold New.

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