Media stories about Safety Income & Growth (NYSE:SAFE) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safety Income & Growth earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.1135249884133 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of equities analysts have weighed in on SAFE shares. Zacks Investment Research raised Safety Income & Growth from a “sell” rating to a “hold” rating in a research report on Tuesday. Mizuho set a $18.00 price target on Safety Income & Growth and gave the stock a “hold” rating in a research report on Friday, February 16th. Finally, Ladenburg Thalmann Financial Services reissued a “buy” rating and set a $20.00 price target (down previously from $22.00) on shares of Safety Income & Growth in a research report on Tuesday, February 20th. They noted that the move was a valuation call. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $19.78.

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Safety Income & Growth (NYSE SAFE) opened at $17.01 on Wednesday. Safety Income & Growth has a 12-month low of $15.79 and a 12-month high of $20.00.

Safety Income & Growth (NYSE:SAFE) last posted its earnings results on Thursday, February 15th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.23). The firm had revenue of $6.75 million during the quarter, compared to the consensus estimate of $7.27 million. analysts predict that Safety Income & Growth will post 0.87 EPS for the current year.

In other news, CFO Geoffrey G. Jervis bought 33,850 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were bought at an average price of $16.25 per share, with a total value of $550,062.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Istar Inc. bought 45,859 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The stock was purchased at an average cost of $18.05 per share, for a total transaction of $827,754.95. The disclosure for this purchase can be found here. Insiders bought 695,570 shares of company stock worth $12,393,100 in the last ninety days.

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Safety Income & Growth Company Profile

Safety, Income & Growth Inc, formerly Safety, Income and Growth, Inc, is formed primarily to acquire, own, manage, finance and capitalize ground net leases (GNLs). The Company’s portfolio consists of 12 properties, which includes Doubletree Seattle Airport, One Ally Center, Hilton Salt Lake, Doubletree Mission Valley, Doubletree Sonoma, Doubletree Durango, Dallas Market Center: Sheraton Suites, Northside Forsyth Hospital Medical Center, NASA/JPSS Headquarters, The Buckler Apartments, Dallas Market Center: Marriott Courtyard and Lock Up Self Storage Facility.

Insider Buying and Selling by Quarter for Safety Income & Growth (NYSE:SAFE)

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