Somewhat Positive Media Coverage Somewhat Unlikely to Affect Safety, Income and Growth (NYSE:SAFE) Stock Price

News articles about Safety, Income and Growth (NYSE:SAFE) have been trending somewhat positive on Monday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Safety, Income and Growth earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.0961202003445 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

Safety, Income and Growth (NYSE:SAFE) traded down $0.30 during trading hours on Monday, reaching $17.80. The company’s stock had a trading volume of 139,968 shares, compared to its average volume of 141,533. Safety, Income and Growth has a 12-month low of $17.27 and a 12-month high of $20.00.

Safety, Income and Growth (NYSE:SAFE) last posted its quarterly earnings data on Thursday, October 26th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.16). The business had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $5.86 million. equities analysts expect that Safety, Income and Growth will post 0.47 earnings per share for the current year.

A number of research firms recently commented on SAFE. Mizuho initiated coverage on Safety, Income and Growth in a research report on Wednesday, August 30th. They set a “neutral” rating and a $20.00 price target on the stock. Zacks Investment Research downgraded Safety, Income and Growth from a “hold” rating to a “sell” rating in a report on Thursday, September 14th. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating on shares of Safety, Income and Growth in a report on Tuesday, October 31st. Finally, Bank of America reduced their price objective on Safety, Income and Growth from $20.00 to $18.90 and set a “neutral” rating on the stock in a report on Monday, November 6th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $20.58.

In related news, major shareholder Istar Inc. purchased 22,838 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were bought at an average price of $18.50 per share, with a total value of $422,503.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders bought 547,755 shares of company stock worth $10,458,762.

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