Safe Bulkers, Inc. (SB)
NYSE: SB · Real-Time Price · USD
3.510
+0.010 (0.29%)
Dec 20, 2024, 4:00 PM EST - Market closed
Safe Bulkers Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Safe Bulkers stock has a target of 6.00, which predicts an increase of 70.94% from the current stock price of 3.51.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Safe Bulkers is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $6 | Strong Buy | Maintains | $6 | +70.94% | Nov 14, 2024 |
| Jefferies | Jefferies | Hold Maintains $3 → $4 | Hold | Maintains | $3 → $4 | +13.96% | May 11, 2023 |
| Jefferies | Jefferies | Hold Reiterates $3 | Hold | Reiterates | $3 | -14.53% | Feb 16, 2023 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $5 → $4 | Strong Buy → Hold | Downgrades | $5 → $4 | +13.96% | Sep 26, 2022 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | +85.19% | Sep 13, 2021 |
Financial Forecast
Revenue This Year
303.36M
from 284.40M
Increased by 6.67%
Revenue Next Year
299.48M
from 303.36M
Decreased by -1.28%
EPS This Year
0.72
from 0.61
Increased by 18.12%
EPS Next Year
0.73
from 0.72
Increased by 1.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 311.9M | 333.4M | 354.9M |
| Avg | 303.4M | 299.5M | 345.4M |
| Low | 286.2M | 258.7M | 325.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.7% | 9.9% | 18.5% |
| Avg | 6.7% | -1.3% | 15.3% |
| Low | 0.6% | -14.7% | 8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.75 | 0.96 | 1.24 |
| Avg | 0.72 | 0.73 | 1.12 |
| Low | 0.68 | 0.50 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.1% | 32.5% | 69.4% |
| Avg | 18.1% | 1.4% | 52.8% |
| Low | 10.8% | -30.7% | 32.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.