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Safe Bulkers, Inc. (SB)

Stock Price: $1.23 USD 0.10 (8.85%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 125.61M
Revenue (ttm) 197.96M
Net Income (ttm) 16.04M
Shares Out 102.12M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 11, 2020
Last Price $1.23
Previous Close $1.13
Change ($) 0.10
Change (%) 8.85%
Day's Open 1.14
Day's Range 1.14 - 1.25
Day's Volume 281,407
52-Week Range 0.74 - 2.24

More Stats

Market Cap 125.61M
Enterprise Value 606.58M
Earnings Date (est) Nov 3, 2020
Ex-Dividend Date n/a
Shares Outstanding 102.12M
Float 46.34M
EPS (basic) 0.04
EPS (diluted) -0.26
FCF / Share 0.19
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 15.16%
Payout Ratio n/a
Shares Short 552,943
Short Ratio 3.67
Short % of Float 1.74%
Beta 1.00
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 6.60
PS Ratio 0.63
PB Ratio 0.29
Revenue 197.96M
Operating Income 44.05M
Net Income 16.04M
Free Cash Flow 19.04M
Net Cash -480.97M
Net Cash / Share -4.71
Gross Margin 58.64%
Operating Margin 22.25%
Profit Margin 2.20%
FCF Margin 9.62%
ROA 0.70%
ROE -3.20%
ROIC 2.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 2
Overweight 0
Hold 2
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$1.28*
(4.07% upside)
Low
0.40
Current: $1.23
High
1.75
Target: 1.28
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue198193148110127154187184169157
Revenue Growth2.37%30.51%34.85%-13.78%-17.38%-17.47%1.32%9.11%7.57%-
Gross Profit11512391.3152.5753.9984.03135142141133
Operating Income44.0555.89-69.30-31.41-32.0226.7292.85112109122
Net Income16.0427.68-84.68-55.97-47.9414.6383.2696.1289.73110
Shares Outstanding10210210184.5383.4883.4577.5075.4769.4663.30
Earnings Per Share0.040.16-0.98-0.83-0.740.061.051.271.291.73
EPS Growth-75%-----94.29%-17.32%-1.55%-25.43%-
Dividend Per Share----0.040.220.210.500.600.60
Dividend Growth-----81.82%4.76%-58%-16.67%0%-
Operating Cash Flow58.2885.4550.1013.4825.5243.73101105107118
Capital Expenditures-39.24-45.93-39.43-29.37-124-146-119-137-161-160
Free Cash Flow19.0439.5210.67-15.90-98.02-103-18.30-31.78-53.78-42.10
Cash & Equivalents12092.4968.7310520512312312933.54106
Total Debt601575567582647464508616484495
Net Cash / Debt-481-482-499-477-442-341-385-486-451-389
Assets1,1151,0761,0351,1741,3101,1761,1121,082877805
Liabilities625593579595675476534656545561
Book Value473466456579634700578426332244
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Safe Bulkers, Inc.
Country Monaco
Employees 7
CEO Polys Hajioannou

Stock Information

Ticker Symbol SB
Stock Exchange New York Stock Exchange
Sector Services
Industry Shipping
Unique Identifier NYSE: SB
IPO Date May 29, 2008

Description

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 13, 2020, the company had a fleet of 41 drybulk vessels having an average age of 9.5 years; and an aggregate carrying capacity of 3,777,000 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 10 Kamsarmax class vessels, 13 post- Panamax class vessels, and 4 Capesize class vessels. The company was founded in 2007 and is based in Monaco.