Safe Bulkers Company Profile (NYSE:SB)

About Safe Bulkers

Safe Bulkers logoSafe Bulkers, Inc. (Safe Bulkers) is a holding company. The Company's primary business is the acquisition, ownership and operation of drybulk vessels. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, primarily coal, grain and iron ore, along across the world shipping routes. The Company's fleet consists of 37 drybulk vessels, of which 14 are Panamax class vessels, eight are Kamsarmax class vessels, 12 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of approximately 3.3 million deadweight tons and an average age of approximately 6.1 years. The Company deploys its vessels on a mix of period time and spot time charters. It has approximately 45 subsidiaries, which are incorporated in Liberia and in the Republic of the Marshall Islands.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SB
  • CUSIP:
Key Metrics:
  • Previous Close: $1.26
  • 50 Day Moving Average: $1.22
  • 200 Day Moving Average: $1.01
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -2.80
  • P/E Growth: -0.14
  • Market Cap: $105.18M
  • Outstanding Shares: 83,477,000
  • Beta: 1.92
Additional Links:
Companies Related to Safe Bulkers:

Analyst Ratings

Consensus Ratings for Safe Bulkers (NYSE:SB) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $1.34 (6.35% upside)

Analysts' Ratings History for Safe Bulkers (NYSE:SB)
Show:
DateFirmActionRatingPrice TargetDetails
8/2/2016Seaport Global SecuritiesInitiated CoverageNeutral$1.00View Rating Details
8/1/2016Morgan StanleySet Price TargetHold$1.10 -> $1.20View Rating Details
7/29/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$1.00View Rating Details
4/26/2016Clarkson CapitalDowngradeBuy -> NeutralView Rating Details
1/19/2016Jefferies GroupLower Price TargetHold$3.00 -> $0.50View Rating Details
10/14/2015Evercore ISIDowngradeHold -> Sell$4.50 -> $3.00View Rating Details
6/10/2015Citigroup Inc.DowngradeNeutral -> Sell$4.00 -> $2.00View Rating Details
5/7/2015Bank of America Corp.DowngradeNeutral -> UnderperformView Rating Details
3/2/2015MLV & Co.Set Price TargetBuy$5.00View Rating Details
11/12/2014DNB MarketsUpgradeHold -> BuyView Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Safe Bulkers (NYSE:SB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2016        
7/28/2016Q216($0.16)($0.15)$29.20 million$26.20 millionViewN/AView Earnings Details
6/2/2016Q116($0.17)($0.21)$25.63 million$24.70 millionViewN/AView Earnings Details
2/10/2016Q415($0.10)($0.13)$35.99 million$29.90 millionViewListenView Earnings Details
11/9/2015Q315($0.07)($0.12)$34.05 million$33.50 millionViewN/AView Earnings Details
7/30/2015Q215($0.09)($0.09)$31.38 million$31.80 millionViewListenView Earnings Details
6/8/2015Q115($0.02)($0.10)$37.54 million$32.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.02$0.01$35.77 million$39.10 millionViewN/AView Earnings Details
11/5/2014Q314$0.02($0.03)$38.40 million$36.52 millionViewN/AView Earnings Details
7/29/2014Q214$0.09$0.02$38.31 million$37.20 millionViewN/AView Earnings Details
5/28/2014Q114$0.11$0.10$37.86 million$41.30 millionViewN/AView Earnings Details
2/26/2014Q413$0.18$0.38$42.10 million$59.20 millionViewN/AView Earnings Details
11/4/2013Q313$0.14$0.14$38.16 million$41.90 millionViewN/AView Earnings Details
8/21/2013Q2 2013$0.19$0.19$40.41 million$41.40 millionViewN/AView Earnings Details
5/15/2013Q1 2013$0.20$0.21$40.14 million$44.10 millionViewN/AView Earnings Details
2/20/2013Q4 2012$0.30$0.27$46.09 million$46.40 millionViewN/AView Earnings Details
11/14/2012Q312$0.29$0.30$44.95 million$46.80 millionViewN/AView Earnings Details
8/6/2012$0.30$0.31ViewN/AView Earnings Details
5/8/2012$0.29$0.32ViewN/AView Earnings Details
2/14/2012$0.36$0.33ViewN/AView Earnings Details
10/17/2011$0.34$0.37ViewN/AView Earnings Details
7/21/2011$0.35$0.27ViewN/AView Earnings Details
5/3/2011$0.38$0.41ViewN/AView Earnings Details
2/9/2011$0.39$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Safe Bulkers (NYSE:SB)
Current Year EPS Consensus Estimate: $-0.62 EPS
Next Year EPS Consensus Estimate: $-0.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.15)($0.15)($0.15)
Q2 20161($0.16)($0.16)($0.16)
Q3 20162($0.16)($0.14)($0.15)
Q4 20162($0.16)($0.15)($0.16)
Q1 20171($0.14)($0.14)($0.14)
Q2 20171($0.15)($0.15)($0.15)
Q3 20171($0.15)($0.15)($0.15)
Q4 20171($0.15)($0.15)($0.15)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Safe Bulkers (NYSE:SB)
Annual Dividend:$0.00
Dividend Yield:0.00%
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-56.90% (3 Year Average)

Dividend History for Safe Bulkers (NYSE:SB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/31/2015quarterly$0.011.16%8/14/20158/18/20158/28/2015
6/9/2015quarterly$0.011.24%6/17/20156/19/20156/26/2015
2/27/2015quarterly$0.022.11%3/6/20153/10/20153/17/2015
11/5/2014quarterly$0.043.33%11/19/201411/21/201412/5/2014
7/29/2014quarterly$0.063.25%8/15/20148/19/20148/29/2014
5/29/2014quarterly$0.062.98%6/6/20146/10/20146/17/2014
2/26/2014quarterly$0.062.31%3/6/20143/10/20143/17/2014
11/5/2013quarterly$0.062.84%11/20/201311/22/201312/6/2013
8/21/2013quarterly$0.053.21%8/29/20139/3/20139/13/2013
5/15/2013quarterly$0.053.82%5/22/20135/27/20136/7/2013
2/20/2013quarterly$0.055.36%2/28/20133/4/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Safe Bulkers (NYSE:SB)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Safe Bulkers (NYSE:SB)
DateHeadline
News IconGovernor nominee's work 'in Bosnia' was mainly in Croatia (NYSE:SB)
www.wsbradio.com - August 22 at 11:50 AM
News IconAnalysts & Crowd Weigh in on Safe Bulkers, Inc (NYSE:SB) Stock - Post News (NYSE:SB)
www.kentuckypostnews.com - August 20 at 6:53 PM
News IconCrowd & Analysts Have Spoken: Safe Bulkers, Inc (NYSE:SB) Stock Update - Post News (NYSE:SB)
www.kentuckypostnews.com - August 19 at 7:08 PM
capitalcube.com logoSafe Bulkers, Inc. :SB-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NYSE:SB)
www.capitalcube.com - August 11 at 7:47 PM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 9.38% on August 08 - Equities.com (NYSE:SB)
www.equities.com - August 10 at 10:26 AM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 7.56% on August 05 - Equities.com (NYSE:SB)
www.equities.com - August 6 at 9:58 AM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 8.26% on August 03 - Equities.com (NYSE:SB)
www.equities.com - August 5 at 7:30 PM
marketwired.com logoSafe Bulkers, Inc. Agrees to the Issuance of 2.95% Cumulative Redeemable ... (NYSE:SB)
www.marketwired.com - August 3 at 10:35 AM
finance.yahoo.com logo9:04 am Safe Bulkers agrees to the issuance of 2.95% cumulative redeemable perpetual preferred equity to an unaffiliated investor to finance $16.9 mln of a newbuild vessel (NYSE:SB)
finance.yahoo.com - August 3 at 10:35 AM
publicnow.com logoSafe Bulkers, Inc. Agrees to the Issuance of 2.95% Cumulative Redeemable Perpetual Preferred Equity to an Unaffiliated Investor to Finance $16.9 Million of a Newbuild Vessel (NYSE:SB)
www.publicnow.com - August 3 at 10:35 AM
breakingfinancenews.com logoSeaport Global recorded (NYSE:SB) Safe Bulkers, boosting its target price to $1 today (NYSE:SB)
breakingfinancenews.com - August 2 at 7:38 PM
fidaily.com logoSeaport Global Begins Coverage on Safe Bulkers, Inc Common Stock (SB) With An Initial Rating Of "" - Finance Daily (NYSE:SB)
www.fidaily.com - August 2 at 12:14 PM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 5.5% on August 01 - Equities.com (NYSE:SB)
www.equities.com - August 1 at 7:02 PM
benzinga.com logoSafe Bulkers The Best Play For A Dry Bulk Recovery, Says Morgan Stanley (NYSE:SB)
www.benzinga.com - August 1 at 11:56 AM
breakingfinancenews.com logoA statement released today by Credit Suisse about Safe Bulkers(NYSE:SB) bumps the target price to $1 (NYSE:SB)
breakingfinancenews.com - July 31 at 11:10 AM
marketwired.com logoSafe Bulkers, Inc. Reports Second Quarter and Six Months 2016 Results - Marketwired (press release) (NYSE:SB)
www.marketwired.com - July 30 at 10:02 AM
News IconSafe Bulkers Reports Q2 Loss, Expands Fleet (NYSE:SB)
www.marinelink.com - July 29 at 7:26 PM
finance.yahoo.com logoEdited Transcript of SB earnings conference call or presentation 29-Jul-16 12:30pm GMT (NYSE:SB)
finance.yahoo.com - July 29 at 11:44 AM
finance.yahoo.com logoSafe Bulkers reports 2Q loss - Yahoo Finance (NYSE:SB)
finance.yahoo.com - July 29 at 10:22 AM
finance.yahoo.com logoSafe Bulkers downgraded by Credit Suisse (NYSE:SB)
finance.yahoo.com - July 29 at 7:54 AM
marketwired.com logoSafe Bulkers, Inc. Reports Second Quarter and Six Months 2016 Results (NYSE:SB)
www.marketwired.com - July 28 at 7:35 PM
sg.finance.yahoo.com logoSafe Bulkers reports 2Q loss (NYSE:SB)
sg.finance.yahoo.com - July 28 at 5:13 PM
biz.yahoo.com logoQ2 2016 Safe Bulkers Inc Earnings Release - After Market Close (NYSE:SB)
biz.yahoo.com - July 28 at 7:07 AM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Drops 10.57% on July 25 - Equities.com (NYSE:SB)
www.equities.com - July 27 at 10:22 AM
seekingalpha.com logoSafe Bulkers: A View From The Perspective Of A Preferred Investor (NYSE:SB)
seekingalpha.com - July 25 at 7:26 PM
einnews.com logoSafe Bulkers, Inc. Sets Date for Second Quarter 2016 Results, Conference Call and Webcast - EIN News (press release) (NYSE:SB)
www.einnews.com - July 22 at 7:04 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Safe Bulkers, Inc (NYSE:SB) - TGP (NYSE:SB)
telanaganapress.com - July 22 at 7:04 PM
News IconSafe Bulkers agrees with the Royal Bank of Scotland to amend a term loan facility (NYSE:SB)
en.portnews.ru - July 22 at 10:11 AM
finance.yahoo.com logoSafe Bulkers, Inc. Sets Date for Second Quarter 2016 Results, Conference Call and Webcast (NYSE:SB)
finance.yahoo.com - July 22 at 9:00 AM
feeds.reuters.com logoBRIEF-Safe bulkers to amend loan pact with Royal Bank of Scotland (NYSE:SB)
feeds.reuters.com - July 21 at 9:51 AM
finance.yahoo.com logoSafe Bulkers, Inc. Agrees With the Royal Bank of Scotland plc to Amend a Term Loan Facility (NYSE:SB)
finance.yahoo.com - July 21 at 9:00 AM
News IconSafe Bulkers agrees with Danmarks Skibskredit A/S to amend a term loan facility (NYSE:SB)
en.portnews.ru - July 20 at 8:08 PM
nasdaq.com logoCash Dividend On The Way From Safe Bulkers Series B Cumulative Redeemable Perpetual (NYSE:SB)
www.nasdaq.com - July 20 at 8:08 PM
streetinsider.com logoSafe Bulkers (SB), Danish Ship Finance Amend Term Loan Facility - StreetInsider.com (NYSE:SB)
www.streetinsider.com - July 20 at 10:10 AM
finance.yahoo.com logoSafe Bulkers Announces Annual Meeting of Stockholders (NYSE:SB)
finance.yahoo.com - July 20 at 9:00 AM
News IconSafe Bulkers, Inc (NYSE:SB): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:SB)
www.engelwooddaily.com - July 19 at 7:26 PM
news.sys-con.com logoSafe Bulkers, Inc. Agrees With Danmarks Skibskredit A/S (Danish Ship Finance) to Amend a Term Loan Facility - SYS-CON Media (press release) (NYSE:SB)
news.sys-con.com - July 19 at 8:24 AM
ftsenews.co.uk logoSafe Bulkers, Inc (NYSE:SB) Updated Price Targets - FTSE News (NYSE:SB)
www.ftsenews.co.uk - July 19 at 8:23 AM
4-traders.com logoSafe Bulkers, Inc. : Agrees With Danmarks Skibskredit A/S (Danish Ship Finance) to Amend a Term Loan Facility (NYSE:SB)
www.4-traders.com - July 18 at 12:48 PM
finance.yahoo.com logoSafe Bulkers, Inc. Agrees With Danmarks Skibskredit A/S (Danish Ship Finance) to Amend a Term Loan Facility (NYSE:SB)
finance.yahoo.com - July 18 at 9:18 AM
News IconCrowd Rating and Earnings Recap for Safe Bulkers, Inc (NYSE:SB) - Telanagana Press (NYSE:SB)
telanaganapress.com - July 16 at 10:31 AM
fiscalstandard.com logoBroker Outlook For Safe Bulkers, Inc (NYSE:SB) - Fiscal Standard (NYSE:SB)
www.fiscalstandard.com - July 16 at 10:31 AM
publicnow.com logoSafe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred (NYSE:SB)
www.publicnow.com - July 12 at 9:23 AM
kcregister.com logoTrending Stocks: Oasis Petroleum Inc. (NYSE:OAS), Esperion Therapeutics, Inc. (NASDAQ:ESPR), Safe Bulkers, Inc ... - KC Register (NYSE:SB)
www.kcregister.com - July 11 at 7:13 PM
news.cmlviz.com logoPangaea Logistics Solutions Ltd. versus Safe Bulkers, Inc. Head to Head Compare - CML News (NYSE:SB)
news.cmlviz.com - July 11 at 11:55 AM
News IconStock Rating Watch and Earnings Insight for Safe Bulkers, Inc (NYSE:SB) - Press Telegraph (NYSE:SB)
presstelegraph.com - July 10 at 6:31 PM
fiscalstandard.com logoNext Weeks Broker Price Targets For Safe Bulkers, Inc (NYSE:SB) - Fiscal Standard (NYSE:SB)
www.fiscalstandard.com - July 10 at 6:31 PM
News IconSafe Bulkers Incorporated (NYSE:SB) Shorts Decreased by 4.68% After Short Covering - Press Telegraph (NYSE:SB)
presstelegraph.com - July 8 at 7:16 PM
News IconSafe Bulkers, Inc (NYSE:SB) Stock Update: Check on Ratings and Target Price - Telanagana Press (NYSE:SB)
telanaganapress.com - July 8 at 7:16 PM
capitalcube.com logoETF’s with exposure to Safe Bulkers, Inc. : July 7, 2016 (NYSE:SB)
www.capitalcube.com - July 7 at 3:05 PM

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Safe Bulkers (NYSE:SB) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff