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Safe Bulkers, Inc. (SB)

NYSE: SB · IEX Real-Time Price · USD
4.88
+0.01 (0.21%)
After-hours:Sep 24, 2021 7:19 PM EDT
4.87
0.07 (1.46%)
At close: Sep 24, 4:00 PM
Market Cap581.91M
Revenue (ttm)198.16M
Net Income (ttm)-25.31M
Shares Out119.49M
EPS (ttm)0.51
PE Ratio9.61
Forward PE3.58
Dividend$0.02 (0.41%)
Ex-Dividend Daten/a
Volume1,719,939
Open4.69
Previous Close4.80
Day's Range4.62 - 5.02
52-Week Range0.82 - 5.36
Beta0.85
AnalystsBuy
Price Target5.60 (+15.0%)
Est. Earnings DateNov 3, 2021

About SB

Safe Bulkers, Inc. provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 15, 2021, the company had a fleet of 43 drybulk vessels having an average age of 10.3 years; and an aggregate carrying capacity of 3,937,000 deadweight tons. Its fleet consisted of 15 Panamax class vessels, 10 Kamsarmax class vessels, 14 post- Panamax class vessels, and four Capesize class vessels. The company was incorporated in 2007 and is based in Monaco.

IndustryMarine
IPO DateMay 29, 2008
CEOPolys Hajioannou
Employees9
Stock ExchangeNYSE
Ticker SymbolSB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for Safe Bulkers stock is "Buy." The 12-month stock price forecast is 5.60, which is an increase of 14.99% from the latest price.

Price Target
$5.60
(14.99% upside)
Analyst Consensus: Buy

News

Safe Bulkers Sells Kamsarmax Vessel 'MV Pedhoulas Fighter' For $23.7M

Safe Bulkers Inc (NYSE: SB) has agreed to sell MV Pedhoulas Fighter, a 2012 Chinese-built, Kamsarmax class, dry-bulk vessel, for a gross sale price of $23.7 million and forward delivery date within 4Q21...

3 days ago - Benzinga

Why All the Dry Bulk Shipping Stocks Just Crashed

The dry bulk market is still booming, but big troubles loom in China.

Other symbols:PANLSBLKSHIP
5 days ago - The Motley Fool

Are These Top Penny Stocks on Your September Watchlist?

If you're making a penny stock watchlist in September, you should check these three out The post Are These Top Penny Stocks on Your September Watchlist? appeared first on Penny Stocks to Buy, Picks, New...

Other symbols:AEIDNN
1 week ago - PennyStocks

Can Value Investors Consider Safe Bulkers (SB) Stock?

Is Safe Bulkers (SB) a great pick from the value investor's perspective right now? Read on to know more.

1 week ago - Zacks Investment Research

3 Penny Stocks That Top Investors Buying Right Now

Which penny stocks are you watching in September 2021? Here's three for some watchlist inspiration The post 3 Penny Stocks That Top Investors Buying Right Now appeared first on Penny Stocks to Buy, Pick...

Other symbols:ABEV
1 week ago - PennyStocks

Safe Bulkers, Inc. Announces Results of 2021 Annual Meeting of Stockholders

MONACO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced the election of three Class I dir...

1 week ago - GlobeNewsWire

Shipping stocks hit fresh highs amid COVID-era supply chain chaos

The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That's good news for sentiment tow...

1 week ago - FreightWaves

Why Safe Bulkers Stock Just Popped 12.5%

Dry bulk rates take a turn for the better.

1 week ago - The Motley Fool

5 Penny Stocks Analysts Say To Buy With Targets Up To 300%

Penny stocks to buy according to analysts with price targets up to 300% right now. The post 5 Penny Stocks Analysts Say To Buy With Targets Up To 300% appeared first on Penny Stocks to Buy, Picks, News ...

Other symbols:KDMNSENSVERBXBIO
1 month ago - PennyStocks

Safe Bulkers, Inc. Entered into a Bareboat Charter Agreement with a Purchase Option for a Capesize Class Dry-bulk Vessel

MONACO, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet ...

1 month ago - GlobeNewsWire

Safe Bulkers (SB) Tops Q2 Earnings and Revenue Estimates

Safe Bulkers (SB) delivered earnings and revenue surprises of 24.00% and 11.21%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Safe Bulkers, Inc. Reports Second Quarter and Six Months 2021 Results

MONACO, July 28, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial resu...

1 month ago - GlobeNewsWire

Safe Bulkers, Inc. Sets Date for Second Quarter 2021 Results, Conference Call and Webcast

Earnings Release: Wednesday, July 28, 2021, After Market Closes

2 months ago - GlobeNewsWire

Is Safe Bulkers (SB) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for July 21st

GLOP, SB, DOW, and VALE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 21, 2021.

Other symbols:DOWGLOPVALE
2 months ago - Zacks Investment Research

Safe Bulkers, Inc. Entered into an Agreement for the Acquisition of Three Kamsarmax Class Dry-bulk Japanese Vessels

MONACO, July 20, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet ...

2 months ago - GlobeNewsWire

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

MONACO, July 08, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of ...

2 months ago - GlobeNewsWire

Safe Bulkers, Inc. Announces Agreement for the Acquisition of a Kamsarmax Newbuild Vessel

MONACO, July 06, 2021 (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 ag...

2 months ago - GlobeNewsWire

Safe Bulkers, Inc. Announces Sale of one Panamax Vessel

MONACO, June 30, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet ...

2 months ago - GlobeNewsWire

Safe Bulkers Announces Annual Meeting of Stockholders

MONACO, June 28, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that its Board of Directors ...

2 months ago - GlobeNewsWire

Best Penny Stocks to Buy Right Now? 7 Small-Caps For Your Morning List

Are these hot penny stocks on your morning watchlist? The post Best Penny Stocks to Buy Right Now?

Other symbols:MRINUAMY
2 months ago - PennyStocks

Best Penny Stocks on Reddit to Buy Now? 9 That Investors are Bullish On

Reddit penny stocks continue to make big waves; are these 9 on your watchlist? The post Best Penny Stocks on Reddit to Buy Now?

3 months ago - PennyStocks

Safe Bulkers, Inc. Refinances $70 Million of Loan Facilities

MONACO, June 21, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has entered...

3 months ago - GlobeNewsWire

Safe Bulkers, Inc. Acquires a Second-hand Panamax Class Dry-Bulk Vessel

MONACO, June 16, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet ...

3 months ago - GlobeNewsWire

Why Safe Bulkers Stock Dropped Today

And does this make sense?

3 months ago - The Motley Fool