Safe Bulkers, Inc. (SB)
NYSE: SB · IEX Real-Time Price · USD
4.810
+0.040 (0.84%)
Apr 19, 2024, 4:00 PM EDT - 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 4.00, which predicts a decrease of -16.84% from the current stock price of 4.81.
Analyst Consensus: Hold
* Price targets were last updated on May 11, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Safe Bulkers is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
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 | 1 |
| 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 | Hold Maintains $3 → $4 | Hold | Maintains | $3 → $4 | -16.84% | May 11, 2023 |
| Jefferies | Jefferies | Hold Reiterates $3 | Hold | Reiterates | $3 | -37.63% | Feb 16, 2023 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $5 → $4 | Strong Buy → Hold | Downgrades | $5 → $4 | -16.84% | Sep 26, 2022 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Sep 13, 2021 |
| Jefferies | Jefferies | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Feb 17, 2021 |
Financial Forecast
Revenue This Year
294.47M
from 284.40M
Increased by 3.54%
Revenue Next Year
289.20M
from 294.47M
Decreased by -1.79%
EPS This Year
0.79
from 0.61
Increased by 29.17%
EPS Next Year
0.77
from 0.79
Decreased by -1.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 307.4M | 316.6M | 404.3M |
| Avg | 294.5M | 289.2M | 396.6M |
| Low | 273.4M | 254.8M | 377.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.1% | 7.5% | 39.8% |
| Avg | 3.5% | -1.8% | 37.1% |
| Low | -3.9% | -13.5% | 30.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.91 | 1.06 | 1.56 |
| Avg | 0.79 | 0.77 | 1.53 |
| Low | 0.65 | 0.48 | 1.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 49.8% | 34.6% | 102.5% |
| Avg | 29.2% | -2.0% | 98.7% |
| Low | 6.0% | -39.1% | 89.0% |
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.