MetaCap

Gladstone Commercial Real Estate Investment (GOOD) 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

Gladstone Commercial Real Estate Investment (GOOD) has outperformed Safehold New (SAFE) over the past year, gaining 10.3% versus a loss of 20.0%. Over five years, GOOD leads with a -41.9% price change compared with -90.1% for SAFE. Safehold New is the larger company by market cap ($851.2 million vs $616.7 million), about 1.4 times the size.

On valuation, Safehold New trades at a lower forward P/E (7.2x vs 84.2x for Gladstone Commercial Real Estate Investment). Gladstone Commercial Real Estate Investment offers the higher dividend yield (9.50% vs 5.89%).

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

Relative performance

GOOD+10.31%SAFE-19.97%
+17%-3%-24%
Oct 7, 20251 yearOct 7, 2026
GOOD-40.40%SAFE-89.87%
+27%-34%-95%
Oct 4, 20215 yearsOct 5, 2026

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

Head-to-head

GOOD versus SAFE key metrics
MetricGOODSAFE
Share price$12.63$12.02
Market cap$616.67M$851.21M
1-day change-0.63%-0.66%
YTD return+18.37%-12.20%
1-year return+10.31%-19.97%
5-year return-41.90%-90.10%
P/E ratio (TTM)50.527.47
Forward P/E84.207.17
EPS (TTM)$0.25$1.61
Dividend yield9.50%5.89%
Annual dividend$1.20$0.708
52-week high$13.28$17.45
52-week low$10.33$11.60
Distance from 52-week high-4.89%-31.12%
Analyst consensusnonehold
Avg. price target upside+11.88%+48.92%
Average volume425.59K392.21K
Shares outstanding48.41M70.82M
Employees—72
SectorReal EstateReal Estate
IndustryReal EstateReal 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

  • GOOD has outperformed SAFE by 30.3 percentage points over the past year.
  • Gladstone Commercial Real Estate Investment trades at a higher earnings multiple (50.5x vs 7.5x trailing P/E).
  • Gladstone Commercial Real Estate Investment offers a meaningfully higher dividend yield (9.50% vs 5.89%).

About Gladstone Commercial Real Estate Investment

GOOD stock →

Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of March 31, 2026, Gladstone Commercial's real estate portfolio consisted of 151 properties located in 27 states, totaling approximately 17.7 million square feet.

Real Estate · Real Estate

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

GOOD vs SAFE FAQ

Which is bigger, Gladstone Commercial Real Estate Investment or Safehold New?

Safehold New (SAFE) is larger, with a market capitalization of $851.21M compared with $616.67M for Gladstone Commercial Real Estate Investment (GOOD).

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

GOOD returned +10.31% 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, GOOD or SAFE?

SAFE has the lower trailing P/E at 7.5, versus 50.5 for GOOD. 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, Gladstone Commercial Real Estate Investment or Safehold New?

Gladstone Commercial Real Estate Investment has the higher yield at 9.50%, compared with 5.89% for Safehold New.

Are Gladstone Commercial Real Estate Investment and Safehold New in the same industry?

Both are in the Real Estate sector, but in different industries: Real Estate for Gladstone Commercial Real Estate Investment and Real Estate Investment Trusts for Safehold New.

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