Safe Bulkers, Inc. (SB)

Market Cap	391.07M
Revenue (ttm)	307.63M
Net Income (ttm)	89.38M
Shares Out	104.84M
EPS (ttm)	0.83
PE Ratio	4.49
Forward PE	6.91
Dividend	$0.20 (5.36%)
Ex-Dividend Date	Mar 3, 2025

Volume	404,495
Open	3.785
Previous Close	3.750
Day's Range	3.730 - 3.790
52-Week Range	3.310 - 6.330
Beta	0.94
Analysts	Strong Buy
Price Target	6.00 (+60.64%)
Earnings Date	Apr 28, 2025

About SB

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. It owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. The company’s fleet consists of 46 vessels, including 8 Panamax class vessels, 13 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,641,600 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: May 29, 2008
• Employees: 941
• Stock Exchange: NYSE
• Ticker Symbol: SB
• Website: https://www.safebulkers.com

Financial Performance

In 2024, Safe Bulkers's revenue was $307.63 million, an increase of 8.17% compared to the previous year's $284.40 million. Earnings were $89.38 million, an increase of 28.87%.

Analyst Forecast

According to one analyst, the rating for SB stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target

$6.0

(60.64% upside)

Analyst Consensus: Strong Buy