Safe Bulkers, Inc. (SB)

NYSE: SB · Real-Time Price · USD
3.760
+0.050 (1.35%)
At close: May 28, 2025, 4:00 PM
3.760
0.00 (0.00%)
After-hours: May 28, 2025, 4:10 PM EDT
1.35%
Market Cap 384.69M
Revenue (ttm) 290.31M
Net Income (ttm) 71.32M
Shares Out 102.31M
EPS (ttm) 0.67
PE Ratio 5.53
Forward PE 6.63
Dividend $0.20 (5.32%)
Ex-Dividend Date Jun 6, 2025
Volume 488,062
Open 3.700
Previous Close 3.710
Day's Range 3.675 - 3.800
52-Week Range 3.015 - 6.330
Beta 1.18
Analysts Strong Buy
Price Target 5.00 (+32.98%)
Earnings Date May 19, 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. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date May 29, 2008
Employees 941
Stock Exchange NYSE
Ticker Symbol SB
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SB stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(32.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Safe Bulkers: Still A Good Choice Despite External Headwinds

Safe Bulkers, Inc. demonstrates resilience amid tariffs, trade wars, and inflation, thanks to strong liquidity, cost management, and a modernized fleet. Despite a weaker topline and lower shipping dem...

5 hours ago - Seeking Alpha

Safe Bulkers, Inc. (SB) Q1 2025 Earnings Call Transcript

Safe Bulkers, Inc. (NYSE:SB) Q1 2025 Earnings Conference Call May 20, 2025 10:00 AM ET Company Participants Loukas Barmparis - President Konstantinos Adamopoulos - Chief Financial Officer Polys Hajio...

8 days ago - Seeking Alpha

Safe Bulkers, Inc. Reports First Quarter 2025 Results and Declares Dividend on Common Stock

MONACO, May 19, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial res...

9 days ago - GlobeNewsWire

Safe Bulkers, Inc. Sets Date for the First Quarter 2025 Results, Conference Call, and Webcast

Earnings Release: Monday, May 19, 2025, After Market Closes Conference Call and Webcast: Tuesday, May 20, 2025, at 10:00 A.M. Eastern Time MONACO, May 13, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (...

15 days ago - GlobeNewsWire

Safe Bulkers: Modern Fleet, Contract Cover Drive Buy Rating

Initiate Buy rating on Safe Bulkers (SB) with $4 PT, driven by modern fleet, high contract coverage, and newbuild deliveries supporting earnings and regulatory compliance. SB's premium fleet and $145+...

15 days ago - Seeking Alpha

Safe Bulkers, Inc. Chairman & CEO and President of the Republic of Cyprus to Ring NYSE Closing Bell on Friday, April 4, 2025

MONACO, April 04, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine dry-bulk transportation services, announced today that it will host a spec...

7 weeks ago - GlobeNewsWire

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

MONACO, April 02, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board ...

2 months ago - GlobeNewsWire

Safe Bulkers Announces Participation in Capital Link's Investor Conference in New York on Monday, March 31, 2025

MONACO, March 19, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (“Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today it will participate in t...

2 months ago - GlobeNewsWire

3rd Capital Link “Business in Cyprus Forum”: A Premier Gathering for Industry Leaders

Cyprus President & Ministers Address International Investors - April 4, 2025, New York City Cyprus President & Ministers Address International Investors - April 4, 2025, New York City

2 months ago - GlobeNewsWire

Safe Bulkers Announces Filing of 2024 Annual Report on Form 20-F

MONACO, March 10, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (“Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has filed its 20...

2 months ago - GlobeNewsWire

Safe Bulkers, Inc. Announces a Three Million Shares of Common Stock Repurchase Program

MONACO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company” or “Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it ...

3 months ago - GlobeNewsWire

Safe Bulkers, Inc. (SB) Q4 2024 Earnings Call Transcript

Safe Bulkers, Inc. (NYSE:SB) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Loukas Barmparis - President, Secretary, Director Konstantinos Adamopoulos - CFO & Dire...

3 months ago - Seeking Alpha

Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2024 Results and Declares Dividend on Common Stock

MONACO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial re...

3 months ago - GlobeNewsWire

Safe Bulkers, Inc. Sets Date for the Fourth Quarter 2024 Results, Conference Call, and Webcast

Earnings Release: Tuesday, February 18, 2025, After Market Closes Conference Call and Webcast: Wednesday, February 19, 2025, at 9:00 A.M. Eastern Time MONACO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Safe Bu...

3 months ago - GlobeNewsWire

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

MONACO, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board o...

5 months ago - GlobeNewsWire

Safe Bulkers: Safe Route To Financial Stability Despite Headwinds

Safe Bulkers' Q3/9M results show impressive growth in net operating revenue and operating margin, driven by increased and newer vessels and improved operating efficiency. SB's capitalization on more e...

5 months ago - Seeking Alpha

Safe Bulkers: Maintaining Buy Rating On This Quality Shipper

Safe Bulkers, with a $380 million market cap, owns a young fleet of 46 vessels, emphasizing fleet modernization and environmental compliance. Q3 revenues rose 17% YoY to $76 million, with EPS of $0.16...

5 months ago - Seeking Alpha

Safe Bulkers, Inc. (SB) Q3 2024 Earnings Call Transcript

Safe Bulkers, Inc. (SB) Q3 2024 Earnings Call Transcript

6 months ago - Seeking Alpha

Safe Bulkers: Idea For Income-Oriented Investors That Seek Upside Potential

Safe Bulkers employs nine vessels under spot charters and 38 under time charters. The mix between time and spot charters pays off. Net revenue grew by 11% yearly to $78.5 million in 2Q24. Higher day r...

7 months ago - Seeking Alpha

Safe Bulkers, Inc. Announces Results of 2024 Annual Meeting of Stockholders

MONACO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced the election of three Class I d...

9 months ago - GlobeNewsWire

Safe Bulkers: The PullBack Might Not Be Over

Recent 20% pullback in share price following a 100% bull run since the end of 2023, with mixed Q2 2024 earnings due to weaker commodity markets and reduced backhaul cargoes. Despite a rise in net inco...

10 months ago - Seeking Alpha

Safe Bulkers, Inc. (SB) Q2 2024 Earnings Call Transcript

Safe Bulkers, Inc. (NYSE:SB) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Loukas Barmparis - President, Secretary, Director Konstantinos Adamopoulos - CFO & Directo...

10 months ago - Seeking Alpha

Safe Bulkers, Inc. Reports Second Quarter 2024 Results and Declares Dividend on Common Stock

MONACO, July 29, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial re...

10 months ago - GlobeNewsWire

Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel

MONACO, June 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an ...

1 year ago - GlobeNewsWire

Safe Bulkers, Inc. Announces the Implementation of Integrated Management System in Compliance with DryBMS Standards

MONACO, May 31, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that from June 1st, it is vol...

1 year ago - GlobeNewsWire