About Safe Bulkers
Safe 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
- Previous Close: $1.37
- 50 Day Moving Average: $1.41
- 200 Day Moving Average: $1.38
- 52-Week Range: $0.52 - $2.38
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -12.18
- P/E Growth: -0.28
- Market Cap: $111.86M
- Outstanding Shares: 83,477,000
- Beta: 2.21
- Net Margins: -75.21%
- Return on Equity: -6.57%
- Return on Assets: -3.22%
Companies Related to Safe Bulkers:
- Debt-to-Equity Ratio: 1.00%
- Current Ratio: 4.28%
- Quick Ratio: 4.28%
What is Safe Bulkers' stock symbol?
Safe Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SB."
Where is Safe Bulkers' stock going? Where will Safe Bulkers' stock price be in 2017?
8 equities research analysts have issued 1 year price targets for Safe Bulkers' stock. Their forecasts range from $1.00 to $1.50. On average, they anticipate Safe Bulkers' share price to reach $1.18 in the next twelve months.
When will Safe Bulkers announce their earnings?
Safe Bulkers is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
What are analysts saying about Safe Bulkers stock?
Here are some recent quotes from research analysts about Safe Bulkers stock:
According to Zacks Investment Research, "SAFE BULKERS is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly grain, iron ore and coal, along worldwide shipping routes for some of the world's largest consumers of marine drybulk transportation services. " (1/26/2017)
- Stifel Nicolaus analysts commented, "While we believe it is a little early for lasting dry bulk recovery, shrinking supply and better than expected demand make the possibility of a 2018 recovery somewhat more feasible. Safe Bulkers operates an extremely high quality fleet which is significant levered to a potential recovery with the balance sheet and contracted cash flow base to offset the risk that it may take a protracted time for a recovery to occur. As a result, we believe the shares are appropriately valued and initiate coverage with a Hold rating and $1.50 target price based on the shares trading near our NAV estimate of $0.35 per share." (1/20/2017)
Who owns Safe Bulkers stock?
Safe Bulkers' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vorini Holdings Inc (48.74%), Evermore Global Advisors LLC (5.85%), Warlander Asset Management LP (2.52%), GSA Capital Partners LLP (2.32%), Russell Investments Group Ltd. (1.47%) and Renaissance Technologies LLC (0.35%).
Who bought Safe Bulkers stock? Who is buying Safe Bulkers stock?
Safe Bulkers' stock was purchased by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Warlander Asset Management LP, GSA Capital Partners LLP, Russell Investments Group Ltd. and Renaissance Technologies LLC.
How do I buy Safe Bulkers stock?
Shares of Safe Bulkers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Safe Bulkers stock cost?
One share of Safe Bulkers stock can currently be purchased for approximately $1.34.