REIT - Diversified
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SAFE vs LAND
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Industrial
SAFE vs LAND — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Diversified | REIT - Industrial |
| Market Cap | $1.08B | $355M |
| Revenue (TTM) | $386M | $76M |
| Net Income (TTM) | $114M | $-10M |
| Gross Margin | 97.7% | 87.4% |
| Operating Margin | 39.8% | 78.6% |
| Forward P/E | 8.9x | — |
| Total Debt | $4.49B | $0.00 |
| Cash & Equiv. | $22M | $27M |
SAFE vs LAND — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Safehold Inc. (SAFE) | 100 | 27.5 | -72.5% |
| Gladstone Land Corp… (LAND) | 100 | 67.5 | -32.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SAFE vs LAND
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SAFE carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 5.4%, EPS growth 7.4%, 3Y rev CAGR 12.6%
- 5.4% FFO/revenue growth vs LAND's -10.7%
- Better valuation composite
LAND is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 6 yrs, beta 0.68, yield 6.7%
- 43.2% 10Y total return vs SAFE's -48.2%
- Lower volatility, beta 0.68
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 5.4% FFO/revenue growth vs LAND's -10.7% | |
| Value | Better valuation composite | |
| Quality / Margins | 29.7% margin vs LAND's -13.8% | |
| Stability / Safety | Beta 0.68 vs SAFE's 0.96 | |
| Dividends | 6.7% yield, 6-year raise streak, vs SAFE's 4.7% | |
| Momentum (1Y) | +10.3% vs SAFE's +2.9% | |
| Efficiency (ROA) | 1.6% ROA vs LAND's -0.8%, ROIC 3.4% vs 4.9% |
SAFE vs LAND — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — SAFE and LAND each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SAFE is the larger business by revenue, generating $386M annually — 5.1x LAND's $76M. SAFE is the more profitable business, keeping 29.7% of every revenue dollar as net income compared to LAND's -13.8%. On growth, LAND holds the edge at +38.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $386M | $76M |
| EBITDAEarnings before interest/tax | $163M | $94M |
| Net IncomeAfter-tax profit | $114M | -$10M |
| Free Cash FlowCash after capex | $48M | $5M |
| Gross MarginGross profit ÷ Revenue | +97.7% | +87.4% |
| Operating MarginEBIT ÷ Revenue | +39.8% | +78.6% |
| Net MarginNet income ÷ Revenue | +29.7% | -13.8% |
| FCF MarginFCF ÷ Revenue | +12.4% | +6.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.5% | +38.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +8.3% | +66.7% |
Valuation Metrics
SAFE leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, LAND's 3.5x EV/EBITDA is more attractive than SAFE's 17.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.1B | $355M |
| Enterprise ValueMkt cap + debt − cash | $5.6B | $328M |
| Trailing P/EPrice ÷ TTM EPS | 9.49x | -33.76x |
| Forward P/EPrice ÷ next-FY EPS est. | 8.89x | — |
| PEG RatioP/E ÷ EPS growth rate | 1.50x | — |
| EV / EBITDAEnterprise value multiple | 17.57x | 3.48x |
| Price / SalesMarket cap ÷ Revenue | 2.81x | 4.67x |
| Price / BookPrice ÷ Book value/share | 0.44x | 0.53x |
| Price / FCFMarket cap ÷ FCF | 22.67x | 50.83x |
Profitability & Efficiency
LAND leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
SAFE delivers a 4.7% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $-2 for LAND. On the Piotroski fundamental quality scale (0–9), SAFE scores 4/9 vs LAND's 2/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +4.7% | -1.6% |
| ROA (TTM)Return on assets | +1.6% | -0.8% |
| ROICReturn on invested capital | +3.4% | +4.9% |
| ROCEReturn on capital employed | +4.4% | +4.7% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 2 |
| Debt / EquityFinancial leverage | 1.84x | — |
| Net DebtTotal debt minus cash | $4.5B | -$27M |
| Cash & Equiv.Liquid assets | $22M | $27M |
| Total DebtShort + long-term debt | $4.5B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 1.57x | 2.99x |
Total Returns (Dividends Reinvested)
LAND leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LAND five years ago would be worth $5,849 today (with dividends reinvested), compared to $2,852 for SAFE. Over the past 12 months, LAND leads with a +10.3% total return vs SAFE's +2.9%. The 3-year compound annual growth rate (CAGR) favors LAND at -10.1% vs SAFE's -14.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +12.0% | +9.3% |
| 1-Year ReturnPast 12 months | +2.9% | +10.3% |
| 3-Year ReturnCumulative with dividends | -38.5% | -27.3% |
| 5-Year ReturnCumulative with dividends | -71.5% | -41.5% |
| 10-Year ReturnCumulative with dividends | -48.2% | +43.2% |
| CAGR (3Y)Annualised 3-year return | -14.9% | -10.1% |
Risk & Volatility
Evenly matched — SAFE and LAND each lead in 1 of 2 comparable metrics.
Risk & Volatility
LAND is the less volatile stock with a 0.68 beta — it tends to amplify market swings less than SAFE's 0.96 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SAFE currently trades 87.9% from its 52-week high vs LAND's 75.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.96x | 0.68x |
| 52-Week HighHighest price in past year | $17.16 | $13.00 |
| 52-Week LowLowest price in past year | $12.76 | $8.47 |
| % of 52W HighCurrent price vs 52-week peak | +87.9% | +75.3% |
| RSI (14)Momentum oscillator 0–100 | 42.5 | 35.8 |
| Avg Volume (50D)Average daily shares traded | 338K | 570K |
Analyst Outlook
LAND leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates SAFE as "Buy" and LAND as "Buy". Consensus price targets imply 2.1% upside for LAND (target: $10) vs -7.2% for SAFE (target: $14). For income investors, LAND offers the higher dividend yield at 6.72% vs SAFE's 4.70%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $14.00 | $10.00 |
| # AnalystsCovering analysts | 17 | 11 |
| Dividend YieldAnnual dividend ÷ price | +4.7% | +6.7% |
| Dividend StreakConsecutive years of raises | 4 | 6 |
| Dividend / ShareAnnual DPS | $0.71 | $0.66 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
LAND leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). SAFE leads in 1 (Valuation Metrics). 2 tied.
SAFE vs LAND: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is SAFE or LAND a better buy right now?
For growth investors, Safehold Inc.
(SAFE) is the stronger pick with 5. 4% revenue growth year-over-year, versus -10. 7% for Gladstone Land Corporation (LAND). Safehold Inc. (SAFE) offers the better valuation at 9. 5x trailing P/E (8. 9x forward), making it the more compelling value choice. Analysts rate Safehold Inc. (SAFE) a "Buy" — based on 17 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — SAFE or LAND?
Over the past 5 years, Gladstone Land Corporation (LAND) delivered a total return of -41.
5%, compared to -71. 5% for Safehold Inc. (SAFE). Over 10 years, the gap is even starker: LAND returned +43. 2% versus SAFE's -48. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — SAFE or LAND?
By beta (market sensitivity over 5 years), Gladstone Land Corporation (LAND) is the lower-risk stock at 0.
68β versus Safehold Inc. 's 0. 96β — meaning SAFE is approximately 43% more volatile than LAND relative to the S&P 500.
04Which is growing faster — SAFE or LAND?
By revenue growth (latest reported year), Safehold Inc.
(SAFE) is pulling ahead at 5. 4% versus -10. 7% for Gladstone Land Corporation (LAND). On earnings-per-share growth, the picture is similar: Safehold Inc. grew EPS 7. 4% year-over-year, compared to 0. 0% for Gladstone Land Corporation. Over a 3-year CAGR, SAFE leads at 12. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — SAFE or LAND?
Safehold Inc.
(SAFE) is the more profitable company, earning 29. 7% net margin versus -13. 8% for Gladstone Land Corporation — meaning it keeps 29. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SAFE leads at 79. 8% versus 78. 6% for LAND. At the gross margin level — before operating expenses — SAFE leads at 94. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is SAFE or LAND more undervalued right now?
Analyst consensus price targets imply the most upside for LAND: 2.
1% to $10. 00.
07Which pays a better dividend — SAFE or LAND?
All stocks in this comparison pay dividends.
Gladstone Land Corporation (LAND) offers the highest yield at 6. 7%, versus 4. 7% for Safehold Inc. (SAFE).
08Is SAFE or LAND better for a retirement portfolio?
For long-horizon retirement investors, Gladstone Land Corporation (LAND) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
68), 6. 7% yield). Both have compounded well over 10 years (LAND: +43. 2%, SAFE: -48. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between SAFE and LAND?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: SAFE is a small-cap deep-value stock; LAND is a small-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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