NYSE:SB - Safe Bulkers Stock Price, News, & Analysis

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$1.49 -0.06 (-3.87 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$1.55
Today's Range$1.48 - $1.58
52-Week Range$1.28 - $3.90
Volume194,182 shs
Average Volume381,872 shs
Market Capitalization$152.83 million
P/E Ratio8.76
Dividend YieldN/A
Beta1.66
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of February 9, 2018, the company had a fleet of 39 drybulk vessels with an aggregate carrying capacity of 3,513,800 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 9 Kamsarmax class vessels, 13 Post-Panamax class vessels, and 3 Capesize class vessels. Safe Bulkers, Inc. was founded in 2007 and is based in Monaco.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone30 2111888400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$193.19 million
Cash Flow$0.7304 per share
Book Value$4.59 per share

Profitability

Net Income$27.68 million

Miscellaneous

EmployeesN/A
Market Cap$152.83 million
Next Earnings Date6/4/2019 (Estimated)
OptionableOptionable

Safe Bulkers (NYSE:SB) Frequently Asked Questions

What is Safe Bulkers' stock symbol?

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

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc. (NYSE:SB) issued its earnings results on Tuesday, February, 19th. The shipping company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.02. The shipping company earned $52.57 million during the quarter, compared to analysts' expectations of $52.04 million. Safe Bulkers had a return on equity of 6.30% and a net margin of 14.19%. View Safe Bulkers' Earnings History.

When is Safe Bulkers' next earnings date?

Safe Bulkers is scheduled to release their next quarterly earnings announcement on Tuesday, June 4th 2019. View Earnings Estimates for Safe Bulkers.

What price target have analysts set for SB?

6 brokerages have issued 1 year price objectives for Safe Bulkers' shares. Their predictions range from $3.00 to $5.00. On average, they expect Safe Bulkers' share price to reach $3.9167 in the next twelve months. This suggests a possible upside of 162.9% from the stock's current price. View Analyst Price Targets for Safe Bulkers.

What is the consensus analysts' recommendation for Safe Bulkers?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Safe Bulkers.

What are Wall Street analysts saying about Safe Bulkers stock?

Here are some recent quotes from research analysts about Safe Bulkers stock:
  • 1. 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. " (1/18/2019)
  • 2. Maxim Group analysts commented, "SB will report 2Q18 results after the close on July 25. We are expecting SB to remain in the black with net revenues of $43.5M, up 28% y/y, EBITDA of $24.9M, up 54% y/y and operating EPS of $0.04 vs. ($0.07) in 2Q17." (7/23/2018)

Has Safe Bulkers been receiving favorable news coverage?

Press coverage about SB stock has been trending neutral this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Safe Bulkers earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of Safe Bulkers' key competitors?

What other stocks do shareholders of Safe Bulkers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Micron Technology (MU), Diana Shipping (dsx), Star Bulk Carriers (SBLK), Freeport-McMoRan (FCX), Triton International (TRTN), Schlumberger (SLB), Advanced Micro Devices (AMD), Navios Maritime (NM), Chesapeake Energy (CHK) and AbbVie (ABBV).

Who are Safe Bulkers' key executives?

Safe Bulkers' management team includes the folowing people:
  • Mr. Polys Hajioannou, Chairman & CEO (Age 52)
  • Dr. Loukas Barmparis, Pres, Sec. & Director (Age 56)
  • Konstantinos Adamopoulos, CFO & Director (Age 56)
  • Mr. Ioannis Foteinos, COO & Director (Age 60)

Who are Safe Bulkers' major shareholders?

Safe Bulkers' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.63%), Evermore Global Advisors LLC (1.54%), Signia Capital Management LLC (1.33%), California Public Employees Retirement System (0.45%), Chicago Equity Partners LLC (0.39%) and Two Sigma Advisers LP (0.30%). Company insiders that own Safe Bulkers stock include Robert Kim Tyler and Robert Morrison. View Institutional Ownership Trends for Safe Bulkers.

Which institutional investors are selling Safe Bulkers stock?

SB stock was sold by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Millennium Management LLC, Two Sigma Investments LP, Macquarie Group Ltd., GSA Capital Partners LLP, Signia Capital Management LLC, Two Sigma Advisers LP and ClariVest Asset Management LLC. View Insider Buying and Selling for Safe Bulkers.

Which institutional investors are buying Safe Bulkers stock?

SB stock was acquired by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Mackenzie Financial Corp, Barclays PLC, BlackRock Inc., MCF Advisors LLC, D. E. Shaw & Co. Inc., Geode Capital Management LLC and Geode Capital Management LLC. Company insiders that have bought Safe Bulkers stock in the last two years include Robert Kim Tyler and Robert Morrison. View Insider Buying and Selling for Safe Bulkers.

How do I buy shares of Safe Bulkers?

Shares of SB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Safe Bulkers' stock price today?

One share of SB stock can currently be purchased for approximately $1.49.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $152.83 million and generates $193.19 million in revenue each year. The shipping company earns $27.68 million in net income (profit) each year or $0.17 on an earnings per share basis.

What is Safe Bulkers' official website?

The official website for Safe Bulkers is http://www.safebulkers.com.

How can I contact Safe Bulkers?

Safe Bulkers' mailing address is 6 Avenue des Citronniers Apt. D11, Monaco O9, 98000. The shipping company can be reached via phone at 30 2111888400 or via email at [email protected]


MarketBeat Community Rating for Safe Bulkers (NYSE SB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  640
MarketBeat's community ratings are surveys of what our community members think about Safe Bulkers and other stocks. Vote "Outperform" if you believe SB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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