Safe Bulkers (SB) Projected to Post Earnings on Tuesday

Safe Bulkers (NYSE:SB - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Safe Bulkers to post earnings of $0.09 per share and revenue of $60.40 million for the quarter.

Safe Bulkers (NYSE:SB - Get Free Report) last posted its earnings results on Monday, May 19th. The shipping company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. Safe Bulkers had a net margin of 27.32% and a return on equity of 7.93%. The firm had revenue of $64.35 million during the quarter, compared to analysts' expectations of $57.92 million. 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 Performance

Shares of SB traded down $0.02 during trading hours on Monday, hitting $4.23. The stock had a trading volume of 331,112 shares, compared to its average volume of 533,522. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a 50-day moving average price of $3.85 and a 200 day moving average price of $3.66. Safe Bulkers has a fifty-two week low of $3.02 and a fifty-two week high of $5.49. The firm has a market capitalization of $444.89 million, a price-to-earnings ratio of 6.31 and a beta of 1.17.

Safe Bulkers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, June 6th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 4.73%. The ex-dividend date of this dividend was Friday, June 6th. Safe Bulkers's dividend payout ratio is currently 29.85%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised 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 purchasing an additional 27,292 shares during the last quarter. Jane Street Group LLC grew its holdings 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 period. Empowered Funds LLC boosted its holdings in Safe Bulkers by 5.4% during the 1st quarter. Empowered Funds LLC now owns 576,229 shares of the shipping company's stock valued at $2,126,000 after acquiring an additional 29,667 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Safe Bulkers by 6.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,630,636 shares of the shipping company's stock valued at $6,017,000 after buying an additional 91,662 shares during the period. Hedge funds and other institutional investors own 21.69% of the company's stock.

About Safe Bulkers

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.