Safe Bulkers, Inc. (SB)

Safe Bulkers Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Safe Bulkers.

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for Safe Bulkers.

Recommendation Trends

Rating	Dec '22	Jan '23	Feb '23	Mar '23	Apr '23	May '23
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Omar Nokta Jefferies	Jefferies	Hold Maintains $3 → $4	Hold	Maintains	$3 → $4	-3.26%	May 11, 2023
Omar Nokta Jefferies	Jefferies	Hold Reiterates $3	Hold	Reiterates	$3	-27.45%	Feb 16, 2023
Omar Nokta Jefferies	Jefferies	Strong Buy → Hold Downgrades $5 → $4	Strong Buy → Hold	Downgrades	$5 → $4	-3.26%	Sep 26, 2022
Magnus Fyhr HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $6.5	Strong Buy	Initiates	$6.5	+57.19%	Sep 13, 2021
Randy Giveans Jefferies	Jefferies	Hold Maintains $3 → $3.5	Hold	Maintains	$3 → $3.5	-15.36%	May 6, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

311.31M

Increased by 9.46%

from 284.40M

Revenue Next Year

297.42M

Decreased by -4.46%

from 311.31M

EPS This Year

0.73

Increased by 19.81%

from 0.61

EPS Next Year

0.73

Decreased by -0.70%

from 0.73

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	197.76M	198.16M	329.03M	349.72M	284.40M	311.31M	297.42M	345.58M
Revenue Growth	2.37%	0.20%	66.04%	6.29%	-18.68%	9.46%	-4.46%	16.19%
EPS	0.04	-0.25	1.44	1.36	0.61	0.73	0.73	1.15
EPS Growth	-73.39%	-	-	-5.74%	-54.98%	19.81%	-0.70%	58.87%
Forward PE	-	-	-	-	-	5.65	5.69	3.58
No. Analysts	-	-	-	-	-	6	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	330.2M	334.4M	356.0M
Avg	311.3M	297.4M	345.6M
Low	284.2M	253.8M	325.4M

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	16.1%	7.4%	19.7%
Avg	9.5%	-4.5%	16.2%
Low	-0.1%	-18.5%	9.4%

EPS Forecast

EPS	2024	2025	2026	2027
High	0.77	0.97	1.30
Avg	0.73	0.73	1.15
Low	0.68	0.48	0.98

EPS Growth

EPS Growth	2024	2025	2026	2027
High	25.6%	32.1%	79.3%
Avg	19.8%	-0.7%	58.9%
Low	10.8%	-34.3%	35.0%

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.