Safe Bulkers (SB) Projected to Post Earnings on Tuesday

Safe Bulkers (NYSE:SB - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 29th. Analysts expect Safe Bulkers to post earnings of $0.09 per share for the quarter.

Safe Bulkers (NYSE:SB - Get Free Report) last issued its quarterly earnings data on Monday, May 19th. The shipping company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The firm had revenue of $64.35 million for the quarter, compared to analyst estimates of $57.92 million. Safe Bulkers had a net margin of 27.32% and a return on equity of 7.93%. On average, analysts expect Safe Bulkers to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Safe Bulkers Stock Down 0.6%

Shares of SB traded down $0.03 during midday trading on Thursday, hitting $4.29. The company had a trading volume of 118,237 shares, compared to its average volume of 535,560. The company's 50 day moving average price is $3.83 and its 200 day moving average price is $3.64. The stock has a market cap of $451.21 million, a price-to-earnings ratio of 6.40 and a beta of 1.17. Safe Bulkers has a 52 week low of $3.02 and a 52 week high of $5.61. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.56.

Safe Bulkers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend was Friday, June 6th. Safe Bulkers's payout ratio is currently 29.85%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a "buy" rating and issued a $5.00 target price on shares of Safe Bulkers in a research report on Tuesday, May 20th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its stake in Safe Bulkers by 67.0% in the 1st quarter. AQR Capital Management LLC now owns 68,052 shares of the shipping company's stock valued at $251,000 after buying an additional 27,292 shares during the period. Jane Street Group LLC increased its stake in shares of Safe Bulkers by 3.7% during the 1st quarter. Jane Street Group LLC now owns 135,870 shares of the shipping company's stock worth $501,000 after purchasing an additional 4,836 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Safe Bulkers by 5.4% during the 1st quarter. Empowered Funds LLC now owns 576,229 shares of the shipping company's stock worth $2,126,000 after purchasing an additional 29,667 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Safe Bulkers by 6.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,630,636 shares of the shipping company's stock worth $6,017,000 after buying an additional 91,662 shares during the period. Institutional investors and hedge funds own 21.69% of the company's stock.

Safe Bulkers Company Profile

Safe Bulkers, Inc, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 47 drybulk vessels having an aggregate carrying capacity of 4,719,600 deadweight tons.

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