NYSE:SB Safe Bulkers (SB) Stock Price, News & Analysis → My next big prediction isn’t a prediction (From Porter & Company) (Ad) Free SB Stock Alerts $5.04 +0.08 (+1.61%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$4.92▼$5.0450-Day Range$3.87▼$5.0552-Week Range$2.97▼$5.08Volume554,813 shsAverage Volume957,545 shsMarket Capitalization$562.51 millionP/E Ratio8.13Dividend Yield3.97%Price Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Safe Bulkers alerts: Email Address Safe Bulkers MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside19.0% Upside$6.00 Price TargetShort InterestHealthy3.40% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.84Upright™ Environmental ScoreNews Sentiment0.67Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth16.09%From $0.87 to $1.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.84 out of 5 starsTransportation Sector11th out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry1st out of 28 stocks 2.5 Analyst's Opinion Consensus RatingSafe Bulkers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Safe Bulkers has a forecasted upside of 19.0% from its current price of $5.04.Amount of Analyst CoverageSafe Bulkers has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.40% of the float of Safe Bulkers has been sold short.Short Interest Ratio / Days to CoverSafe Bulkers has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Safe Bulkers has recently increased by 14.97%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSafe Bulkers is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSafe Bulkers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Safe Bulkers is 32.26%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Safe Bulkers will have a dividend payout ratio of 19.80% next year. This indicates that Safe Bulkers will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSafe Bulkers has received a -17.60% net impact score from Upright. The largest negative impact of Safe Bulkers in category "GHG emissions" is driven by its "Heavy fuel oil ship freight transport services" product. See details.Environmental SustainabilityThe Environmental Impact score for Safe Bulkers is -5.84. Previous Next 3.7 News and Social Media Coverage News SentimentSafe Bulkers has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Safe Bulkers this week, compared to 1 article on an average week.Search Interest10 people have searched for SB on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows13 people have added Safe Bulkers to their MarketBeat watchlist in the last 30 days. This is an increase of 1,200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safe Bulkers insiders have not sold or bought any company stock.Percentage Held by Insiders40.25% of the stock of Safe Bulkers is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 20.56% of the stock of Safe Bulkers is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Safe Bulkers are expected to grow by 16.09% in the coming year, from $0.87 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Safe Bulkers is 8.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Safe Bulkers is 8.13, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.96.Price to Book Value per Share RatioSafe Bulkers has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceThey said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.There are five coins you must take a look at right away. About Safe Bulkers Stock (NYSE:SB)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. Its fleet consists of 10 Panamax class vessels, 11 Kamsarmax class vessels, 18 post-Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.Read More SB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SB Stock News HeadlinesMarch 16, 2024 | finance.yahoo.comSafe Bulkers' (NYSE:SB) investors will be pleased with their impressive 299% return over the last five yearsMarch 15, 2024 | finance.yahoo.comSB Oct 2024 5.000 putMarch 18, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 7, 2024 | finance.yahoo.comSB Jul 2024 4.000 callMarch 6, 2024 | globenewswire.comSafe Bulkers, Inc. Announces the Sale of Two Dry-bulk VesselsFebruary 29, 2024 | globenewswire.comSafe Bulkers Announces Filing of 2023 Annual Report on Form 20-FFebruary 29, 2024 | investorplace.comWall Street Favorites: 7 Penny Stocks With Strong Buy Ratings for February 2024February 27, 2024 | msn.comSafe Bulkers raised, Flex LNG lowered at Jefferies with free cash flow at forefrontMarch 18, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: February 25, 2024 | msn.comSafe Bulkers (SB) Price Target Increased by 5.54% to 4.37February 24, 2024 | finance.yahoo.comHere's What We Like About Safe Bulkers' (NYSE:SB) Upcoming DividendFebruary 17, 2024 | 247wallst.comThese Are The Best Dividend Stocks, According to Wall StreetFebruary 15, 2024 | investing.comSafe Bulkers Inc Pc Pref (SB_pc)February 15, 2024 | finance.yahoo.comSafe Bulkers, Inc. (NYSE:SB) Just Beat EPS By 6.2%: Here's What Analysts Are Forecasting For This YearFebruary 14, 2024 | finance.yahoo.comSafe Bulkers, Inc. (NYSE:SB) Q4 2023 Earnings Call TranscriptFebruary 12, 2024 | finance.yahoo.comSafe Bulkers (SB) Q4 Earnings and Revenues Surpass EstimatesFebruary 8, 2024 | finance.yahoo.comAnalysts Estimate Golden Ocean Group (GOGL) to Report a Decline in Earnings: What to Look Out forFebruary 8, 2024 | finance.yahoo.comSafe Bulkers, Inc. (NYSE:SB) Shares Could Be 26% Above Their Intrinsic Value EstimateFebruary 7, 2024 | markets.businessinsider.comSafe Bulkers, Inc. Sets Date for the Fourth Quarter 2023 Results, Conference Call, and WebcastFebruary 6, 2024 | markets.businessinsider.comCleaves Securities Reaffirms Their Buy Rating on Safe Bulkers (SB)February 6, 2024 | finance.yahoo.comEarnings Preview: Safe Bulkers (SB) Q4 Earnings Expected to DeclineJanuary 31, 2024 | seekingalpha.comSafe Bulkers Preferred Shares: No Fundamental Concerns But Mediocre Yield Is Keeping Me SidelinedJanuary 31, 2024 | markets.businessinsider.comCleaves Securities Keeps Their Buy Rating on Safe Bulkers (SB)December 29, 2023 | finance.yahoo.comSafe Bulkers, Inc.'s (NYSE:SB) top owners are individual investors with 37% stake, while 26% is held by insidersDecember 27, 2023 | seekingalpha.comSafe Bulkers: The Resurgence Of Repurchases Poised To Propel Stock Re-RatingNovember 30, 2023 | finance.yahoo.comSafe Bulkers, Inc. Announces a Five Million Shares of Common Stock Repurchase ProgramNovember 27, 2023 | msn.comSafe Bulkers sells MV Pedhoulas Cherry for $26.6MSee More Headlines Receive SB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Safe Bulkers and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Ex-Dividend for 3/19 Dividend2/29/2024Today3/18/2024Dividend Payable3/19/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:SB CUSIPN/A CIK1434754 Webwww.safebulkers.com Phone377302111888400Fax211-187-8500Employees9Year FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside+19.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.62 Trailing P/E Ratio8.13 Forward P/E Ratio5.79 P/E GrowthN/ANet Income$77.35 million Net Margins27.20% Pretax Margin27.20% Return on Equity9.05% Return on Assets5.52% Debt Debt-to-Equity Ratio0.61 Current Ratio2.63 Quick Ratio2.33 Sales & Book Value Annual Sales$284.40 million Price / Sales1.98 Cash Flow$1.16 per share Price / Cash Flow4.34 Book Value$7.10 per share Price / Book0.71Miscellaneous Outstanding Shares111,610,000Free Float66,686,000Market Cap$562.51 million OptionableOptionable Beta1.02 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Polys Hajioannou (Age 57)Chairman & CEO Dr. Loukas Barmparis (Age 61)President, Secretary & Director Mr. Konstantinos Adamopoulos (Age 61)CFO, Treasurer & Director Mr. Ioannis Foteinos (Age 65)COO & Director Key CompetitorsArdmore ShippingNYSE:ASCTeekayNYSE:TKOverseas Shipholding GroupNYSE:OSGTsakos Energy NavigationNYSE:TNPEagle Bulk ShippingNASDAQ:EGLEView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 12,653 shares on 3/11/2024Ownership: 0.553%Goldman Sachs Group Inc.Bought 15,420 shares on 3/1/2024Ownership: 0.740%Prelude Capital Management LLCBought 11,721 shares on 2/15/2024Ownership: 0.083%Citadel Advisors LLCBought 2,500 shares on 2/15/2024Ownership: 0.000%Wolverine Trading LLCSold 4,600 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions SB Stock Analysis - Frequently Asked Questions Should I buy or sell Safe Bulkers stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SB shares. View SB analyst ratings or view top-rated stocks. What is Safe Bulkers' stock price target for 2024? 1 brokers have issued twelve-month price targets for Safe Bulkers' shares. Their SB share price targets range from $6.00 to $6.00. On average, they anticipate the company's share price to reach $6.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View analysts price targets for SB or view top-rated stocks among Wall Street analysts. How have SB shares performed in 2024? Safe Bulkers' stock was trading at $3.93 at the beginning of 2024. Since then, SB stock has increased by 28.2% and is now trading at $5.04. View the best growth stocks for 2024 here. When is Safe Bulkers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our SB earnings forecast. How were Safe Bulkers' earnings last quarter? Safe Bulkers, Inc. (NYSE:SB) posted its quarterly earnings data on Tuesday, February, 13th. The shipping company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.10. The shipping company had revenue of $82.29 million for the quarter, compared to analysts' expectations of $72.70 million. Safe Bulkers had a net margin of 27.20% and a trailing twelve-month return on equity of 9.05%. During the same quarter last year, the company earned $0.29 earnings per share. How often does Safe Bulkers pay dividends? What is the dividend yield for Safe Bulkers? Safe Bulkers announced a quarterly dividend on Monday, February 12th. Investors of record on Friday, March 1st will be given a dividend of $0.05 per share on Tuesday, March 19th. This represents a $0.20 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for SB. Is Safe Bulkers a good dividend stock? Safe Bulkers (NYSE:SB) pays an annual dividend of $0.20 per share and currently has a dividend yield of 4.06%. SB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 32.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SB will have a dividend payout ratio of 19.80% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SB. What ETF holds Safe Bulkers' stock? SonicShares Global Shipping ETF holds 21,948 shares of SB stock, representing 0.38% of its portfolio. 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 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). Who are Safe Bulkers' major shareholders? Safe Bulkers' stock is owned by a variety of institutional and retail investors. Top institutional investors include Bridgeway Capital Management LLC (0.87%), Goldman Sachs Group Inc. (0.74%), Goldman Sachs Group Inc. (0.74%), Vanguard Group Inc. (0.55%), Vanguard Group Inc. (0.55%) and Harvey Capital Management Inc. (0.42%). View institutional ownership trends. How do I buy shares of 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SB) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Safe Bulkers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.