Safe Bulkers - SB Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Safe Bulkers stock.
View analyst ratings for Safe Bulkers or view top-rated stocks.

2 Wall Street analysts have issued 12-month price objectives for Safe Bulkers' shares. Their SB stock forecasts range from $5.00 to $6.50. On average, they predict Safe Bulkers' stock price to reach $5.75 in the next twelve months. This suggests a possible upside of 55.8% from the stock's current price.
View analysts' price targets for Safe Bulkers or view top-rated stocks among Wall Street analysts.

Safe Bulkers' stock was trading at $3.77 at the beginning of the year. Since then, SB stock has decreased by 2.1% and is now trading at $3.69.
View the best growth stocks for 2022 here.

Safe Bulkers saw a increase in short interest in June. As of June 30th, there was short interest totaling 3,420,000 shares, an increase of 111.1% from the June 15th total of 1,620,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 4.7% of the company's stock are sold short.
View Safe Bulkers' Short Interest.

Safe Bulkers is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our earnings forecast for Safe Bulkers.

Safe Bulkers, Inc. (NYSE:SB) announced its earnings results on Wednesday, May, 25th. The shipping company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by $0.01. The shipping company earned $73.41 million during the quarter, compared to analysts' expectations of $73.59 million. Safe Bulkers had a trailing twelve-month return on equity of 27.13% and a net margin of 58.51%. During the same quarter in the prior year, the firm posted $0.14 earnings per share.

Safe Bulkers announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Monday, August 22nd will be paid a dividend of $0.05 per share on Thursday, September 1st. This represents a $0.20 annualized dividend and a yield of 5.42%. The ex-dividend date is Friday, August 19th.
View Safe Bulkers' dividend history.

Safe Bulkers(NYSE:SB) pays an annual dividend of $0.20 per share and currently has a dividend yield of 5.42%. SB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Safe Bulkers is 12.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Safe Bulkers will have a dividend payout ratio of 17.24% next year. This indicates that Safe Bulkers will be able to sustain or increase its dividend.
View Safe Bulkers' dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Diana Shipping (DSX), Capital Product Partners (CPLP), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), Triton International (TRTN), Costamare (CMRE), Freeport-McMoRan (FCX), GasLog (GLOG) and Star Bulk Carriers (SBLK).

Safe Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SB."

Safe Bulkers' stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.52%), Connor Clark & Lunn Investment Management Ltd. (0.37%), Exchange Traded Concepts LLC (0.09%), Yorktown Management & Research Co Inc (0.08%), Simplex Trading LLC (0.00%) and Belvedere Trading LLC (0.05%).
View institutional ownership trends for 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of SB stock can currently be purchased for approximately $3.69.

Safe Bulkers (NYSE:SB) has a market capitalization of $448.86 million and generates $329.03 million in revenue each year. The shipping company earns $174.35 million in net income (profit) each year or $1.63 on an earnings per share basis.

Safe Bulkers employs 9 workers across the globe.

Safe Bulkers' mailing address is APT. D11 LES ACANTHES 6 AVENUE DES CITRONNIERS, MONACO O9, MC98000. The official website for Safe Bulkers is www.safebulkers.com. The shipping company can be reached via phone at 302108957070, via email at safebulkers@capitallink.com, or via fax at 211-187-8500.