Safe Bulkers, Inc. (SB)

Market Cap	410.61M
Revenue (ttm)	349.72M
Net Income (ttm)	163.58M
Shares Out	111.60M
EPS (ttm)	1.36
PE Ratio	5.57
Forward PE	2.10
Dividend	$0.20 (5.46%)
Ex-Dividend Date	Nov 24, 2023

Volume	527,843
Open	3.70
Previous Close	3.72
Day's Range	3.62 - 3.70
52-Week Range	2.62 - 3.99
Beta	0.93
Analysts	Hold
Price Target	4.00 (+9.29%)
Earnings Date	Nov 7, 2023

About SB

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. As of February 2023, the company had a fleet of 40 drybulk vessels having an average age of 10.5 years; and an aggregate carrying capacity of 4.5 million deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 17 post- Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated ...

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: May 29, 2008
• Employees: 9
• Stock Exchange: NYSE
• Ticker Symbol: SB

Financial Performance

In 2022, Safe Bulkers's revenue was $349.72 million, an increase of 6.29% compared to the previous year's $329.03 million. Earnings were $163.58 million, an increase of 0.01%.

Analyst Forecast

According to one analyst, the rating for SB stock is "Hold" and the 12-month stock price forecast is $4.0.

Price Target

$4.0

(9.29% upside)

Analyst Consensus: Hold