Safe Bulkers Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last twelve months. There are currently 1 hold rating and 1 buy rating 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.

Wall Street analysts have given Safe Bulkers a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Safe Bulkers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Safe Bulkers saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,320,000 shares, an increase of 21.1% from the June 15th total of 1,090,000 shares. Based on an average daily trading volume, of 2,010,000 shares, the days-to-cover ratio is currently 0.7 days. Approximately 2.0% of the company's stock are short sold.
View Safe Bulkers' Short Interest.

Safe Bulkers is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.
View our earnings forecast for Safe Bulkers.

Safe Bulkers, Inc. (NYSE:SB) announced its quarterly earnings results on Tuesday, July, 27th. The shipping company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.06. Safe Bulkers had a trailing twelve-month return on equity of 14.15% and a net margin of 26.06%.
View Safe Bulkers' earnings history.

Safe Bulkers' stock was trading at $1.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SB shares have increased by 185.5% and is now trading at $3.34.
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2 equities research analysts have issued 1-year price objectives for Safe Bulkers' stock. Their forecasts range from $3.00 to $3.50. On average, they expect Safe Bulkers' stock price to reach $3.25 in the next twelve months. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Safe Bulkers or view top-rated stocks among Wall Street analysts.

Some companies that are related to Safe Bulkers include Frontline (FRO), Danaos (DAC), Costamare (CMRE), DHT (DHT), Scorpio Tankers (STNG), SFL (SFL), Genco Shipping & Trading (GNK), TORM (TRMD), Global Ship Lease (GSL), Navigator (NVGS), Eagle Bulk Shipping (EGLE), Dorian LPG (LPG), Navios Maritime Partners (NMM), Diana Shipping (DSX) and Teekay (TK).
View all of SB's competitors.

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 a variety of institutional and retail investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (0.04%) and Cutler Group LP (0.00%).
View institutional ownership trends for Safe Bulkers.

SB stock was bought by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., and Cutler Group LP.
View insider buying and selling activity for Safe Bulkers or or view top insider-buying stocks.

Shares of SB 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.
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One share of SB stock can currently be purchased for approximately $3.34.

Safe Bulkers has a market capitalization of $399.10 million and generates $198.16 million in revenue each year. The shipping company earns $-12,900,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis.

Safe Bulkers employs 9 workers across the globe.

The official website for Safe Bulkers is www.safebulkers.com.

Safe Bulkers is headquartered at APT. D11 LES ACANTHES 6 AVENUE DES CITRONNIERS, MONACO O9, MC98000.

Safe Bulkers' mailing address is APT. D11 LES ACANTHES 6 AVENUE DES CITRONNIERS, MONACO O9, MC98000. The shipping company can be reached via phone at 011-30-21-1188-8400 or via email at [email protected]