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NYSE:SB

Safe Bulkers (SB) Stock Price, News & Analysis

Safe Bulkers logo
$3.24 -0.28 (-7.83%)
Closing price 03:59 PM Eastern
Extended Trading
$3.28 +0.05 (+1.55%)
As of 06:21 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Safe Bulkers Stock (NYSE:SB)

Key Stats

Today's Range
$3.21
$3.48
50-Day Range
$3.39
$3.91
52-Week Range
$3.21
$6.33
Volume
1.04 million shs
Average Volume
610,518 shs
Market Capitalization
$340.65 million
P/E Ratio
3.90
Dividend Yield
6.18%
Price Target
$4.80
Consensus Rating
Buy

Company Overview

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 47 drybulk vessels having an aggregate carrying capacity of 4,719,600 deadweight tons. Its fleet consists of 10 Panamax class vessels, 11 Kamsarmax class vessels, 18 post-Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

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Safe Bulkers Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
84th Percentile Overall Score

SB MarketRank™: 

Safe Bulkers scored higher than 84% of companies evaluated by MarketBeat, and ranked 29th out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Safe Bulkers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Safe Bulkers has only been the subject of 2 research reports in the past 90 days.

  • Read more about Safe Bulkers' stock forecast and price target.
  • Earnings Growth

    Earnings for Safe Bulkers are expected to decrease by -6.45% in the coming year, from $0.62 to $0.58 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Safe Bulkers is 3.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Safe Bulkers is 3.90, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.21.

  • Price to Book Value per Share Ratio

    Safe Bulkers has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Safe Bulkers' valuation and earnings.
  • Percentage of Shares Shorted

    1.93% of the float of Safe Bulkers has been sold short.
  • Short Interest Ratio / Days to Cover

    Safe Bulkers has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Safe Bulkers has recently increased by 2.80%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Safe Bulkers is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Safe Bulkers does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Safe Bulkers is 24.10%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Safe Bulkers will have a dividend payout ratio of 34.48% next year. This indicates that Safe Bulkers will be able to sustain or increase its dividend.

  • Read more about Safe Bulkers' dividend.
  • Percentage of Shares Shorted

    1.93% of the float of Safe Bulkers has been sold short.
  • Short Interest Ratio / Days to Cover

    Safe Bulkers has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Safe Bulkers has recently increased by 2.80%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Safe Bulkers this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for SB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Safe Bulkers to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Safe Bulkers insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    40.25% of the stock of Safe Bulkers is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 21.69% of the stock of Safe Bulkers is held by institutions.

  • Read more about Safe Bulkers' insider trading history.
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SB Stock Analysis - Frequently Asked Questions

Safe Bulkers' stock was trading at $3.57 at the beginning of 2025. Since then, SB shares have decreased by 9.4% and is now trading at $3.2350.
View the best growth stocks for 2025 here
.

Safe Bulkers, Inc. (NYSE:SB) posted its earnings results on Tuesday, February, 18th. The shipping company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. The shipping company had revenue of $69.16 million for the quarter, compared to analyst estimates of $71.90 million. Safe Bulkers had a net margin of 31.65% and a trailing twelve-month return on equity of 10.04%.

Shares of SB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Safe Bulkers investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), CrowdStrike (CRWD), UnitedHealth Group (UNH) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
2/18/2025
Record date for 3/21 Dividend
3/03/2025
Ex-Dividend for 3/21 Dividend
3/03/2025
Dividend Payable
3/21/2025
Today
4/04/2025
Next Earnings (Estimated)
5/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NYSE:SB
Employees
920
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.80
High Stock Price Target
$6.00
Low Stock Price Target
$4.20
Potential Upside/Downside
+49.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
3.89
Forward P/E Ratio
5.19
P/E Growth
N/A
Net Income
$77.35 million
Pretax Margin
31.65%

Debt

Sales & Book Value

Annual Sales
$307.63 million
Cash Flow
$1.10 per share
Price / Cash Flow
2.91
Book Value
$7.90 per share
Price / Book
0.41

Miscellaneous

Free Float
63,800,000
Market Cap
$338.54 million
Optionable
Optionable
Beta
0.94
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This page (NYSE:SB) was last updated on 4/4/2025 by MarketBeat.com Staff
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