Safe Bulkers (SB) Stock Price, News & Analysis

Company Overview

Safe Bulkers Inc. (NYSE: SB) is a dry bulk shipping company engaged in the ocean transport of commodities such as iron ore, coal, grain, and fertilizers. The company operates a modern fleet of vessels, including Panamax, Supramax and Kamsarmax bulk carriers, designed to serve a variety of trade routes and cargo types. Safe Bulkers’ fleet is employed under both time charter and voyage charter arrangements, offering flexibility to respond to market demand and optimize vessel utilization.

Founded in 2008, Safe Bulkers began trading its shares on the New York Stock Exchange in the same year, establishing itself as a publicly listed provider of dry bulk transportation services. Over the years, the company has focused on fleet renewal and expansion, taking delivery of newbuild vessels and selectively acquiring secondhand tonnage to maintain a competitive, fuel-efficient fleet. This disciplined approach to fleet management helps Safe Bulkers manage operating costs and comply with evolving environmental regulations.

Headquartered in Athens, Greece, Safe Bulkers maintains commercial and operational offices in major maritime centers worldwide, including New York, London and Singapore. Through these locations, the company coordinates global voyage planning, chartering and technical management. Safe Bulkers works with leading ship management firms to oversee crewing, maintenance and compliance, ensuring its vessels meet the safety and environmental standards required in international waters.

The company is governed by a board of directors and experienced executive team that emphasize corporate governance, risk management and shareholder transparency. Safe Bulkers participates actively in industry associations and frequently engages with investors, charterers and port authorities to support the efficient movement of bulk commodities. Its global network and fleet capabilities position the company to serve customers across Asia, Europe, the Americas and other key dry bulk markets.

Key Stats

• Today's Range: $4.46 to $4.55
• 50-Day Range: $3.75 to $4.53
• 52-Week Range: $3.02 to $5.24
• Volume: 177,513 shs
• Average Volume: 506,708 shs
• Market Capitalization: $463.00 million
• P/E Ratio: 10.52
• Dividend Yield: 4.42%
• Price Target: $4.47
• Consensus Rating: Buy

Safe Bulkers Stock Analysis - MarketRank™

Safe Bulkers scored higher than 63% of companies evaluated by MarketBeat, and ranked 62nd out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Safe Bulkers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Safe Bulkers is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Safe Bulkers has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -6.45%

Earnings Growth

Earnings for Safe Bulkers are expected to decrease by -6.45% in the coming year, from $0.62 to $0.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Safe Bulkers is 10.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Safe Bulkers is 10.52, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.76.

Price to Book Value per Share Ratio

Safe Bulkers has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.80% of the float of Safe Bulkers has been sold short.

Short Interest Ratio / Days to Cover

Safe Bulkers has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Safe Bulkers has recently increased by 8.39%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Safe Bulkers is a leading dividend payer. It pays a dividend yield of 4.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Safe Bulkers does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Safe Bulkers is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Safe Bulkers will have a dividend payout ratio of 34.48% next year. This indicates that Safe Bulkers will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -5.84

Percentage of Shares Shorted

2.80% of the float of Safe Bulkers has been sold short.

Short Interest Ratio / Days to Cover

Safe Bulkers has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Safe Bulkers has recently increased by 8.39%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for SB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Safe Bulkers to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Safe Bulkers insiders have not sold or bought any company stock.

Percentage Held by Insiders

40.25% of the stock of Safe Bulkers is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 21.69% of the stock of Safe Bulkers is held by institutions.

SB Stock Analysis - Frequently Asked Questions

How have SB shares performed this year?

Safe Bulkers' stock was trading at $3.57 on January 1st, 2025. Since then, SB stock has increased by 26.8% and is now trading at $4.5250.

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc (NYSE:SB) issued its earnings results on Tuesday, July, 29th. The shipping company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.07. The shipping company had revenue of $65.75 million for the quarter, compared to analysts' expectations of $60.40 million. Safe Bulkers had a trailing twelve-month return on equity of 5.80% and a net margin of 19.25%.
Read the conference call transcript.

Who are Safe Bulkers' major shareholders?

Safe Bulkers' top institutional investors include LSV Asset Management (2.00%), Arrowstreet Capital Limited Partnership (1.75%), American Century Companies Inc. (1.41%) and Ameriprise Financial Inc. (1.28%).
View institutional ownership trends.

How do I buy shares of Safe Bulkers?

Shares of SB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Safe Bulkers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Safe Bulkers investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), CrowdStrike (CRWD), UnitedHealth Group (UNH) and Advanced Micro Devices (AMD).

Company Calendar

• Record date for 6/20 Dividend: 6/06/2025
• Ex-Dividend for 6/20 Dividend: 6/06/2025
• Dividend Payable: 6/20/2025
• Last Earnings: 7/29/2025
• Record date for 9/5 Dividend: 8/21/2025
• Ex-Dividend for 9/5 Dividend: 8/21/2025
• Dividend Payable: 9/05/2025
• Today: 9/12/2025
• Next Earnings (Estimated): 11/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NYSE:SB
• CIK: 1434754
• Web: www.safebulkers.com
• Phone: 377302111888400
• Fax: 211-187-8500
• Employees: 920
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Safe Bulkers: $4.47
• High Price Target: $5.00
• Low Price Target: $4.20
• Potential Upside/Downside: -0.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.43
• Trailing P/E Ratio: 10.42
• Forward P/E Ratio: 7.23
• P/E Growth: N/A
• Net Income: $97.38 million
• Net Margins: 19.25%
• Pretax Margin: 19.25%
• Return on Equity: 5.80%
• Return on Assets: 3.45%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.70
• Quick Ratio: 1.70

Sales & Book Value

• Annual Sales: $307.63 million
• Price / Sales: 1.49
• Cash Flow: $1.34 per share
• Price / Cash Flow: 3.35
• Book Value: $7.79 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 102,320,000
• Free Float: 61,136,000
• Market Cap: $458.39 million
• Optionable: Optionable
• Beta: 1.30