Safe Bulkers Company Profile (NYSE:SB)

About Safe Bulkers

Safe Bulkers logoSafe 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
  • CUSIP:
Key Metrics:
  • Previous Close: $1.45
  • 50 Day Moving Average: $1.38
  • 200 Day Moving Average: $1.13
  • 52-Week Range: $0.30 - $3.75
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -3.22
  • P/E Growth: -0.18
  • Market Cap: $121.04M
  • Outstanding Shares: 83,477,000
  • Beta: 2.01
Profitability:
  • Net Margins: -56.19%
  • Return on Equity: -5.88%
  • Return on Assets: -2.91%
Debt:
  • Debt-to-Equity Ratio: 0.96%
  • Current Ratio: 3.54%
  • Quick Ratio: 3.54%
Additional Links:
Companies Related to Safe Bulkers:

Analyst Ratings

Consensus Ratings for Safe Bulkers (NYSE:SB) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $1.34 (7.59% downside)

Analysts' Ratings History for Safe Bulkers (NYSE:SB)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Jefferies GroupReiterated RatingHoldView Rating Details
8/2/2016Seaport Global SecuritiesInitiated CoverageNeutral$1.00View Rating Details
8/1/2016Morgan StanleySet Price TargetHold$1.10 -> $1.20View Rating Details
7/29/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$1.00View Rating Details
4/26/2016Clarkson CapitalDowngradeBuy -> NeutralView Rating Details
10/14/2015Evercore ISIDowngradeHold -> Sell$4.50 -> $3.00View Rating Details
6/10/2015Citigroup Inc.DowngradeNeutral -> Sell$4.00 -> $2.00View Rating Details
5/7/2015Bank of America Corp.DowngradeNeutral -> UnderperformView Rating Details
3/2/2015MLV & Co.Set Price TargetBuy$5.00View Rating Details
11/12/2014DNB MarketsUpgradeHold -> BuyView Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Safe Bulkers (NYSE:SB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2016        
7/28/2016Q216($0.16)($0.15)$29.20 million$26.20 millionViewN/AView Earnings Details
6/2/2016Q116($0.17)($0.21)$25.63 million$24.70 millionViewN/AView Earnings Details
2/10/2016Q415($0.10)($0.13)$35.99 million$29.90 millionViewListenView Earnings Details
11/9/2015Q315($0.07)($0.12)$34.05 million$33.50 millionViewN/AView Earnings Details
7/30/2015Q215($0.09)($0.09)$31.38 million$31.80 millionViewListenView Earnings Details
6/8/2015Q115($0.02)($0.10)$37.54 million$32.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.02$0.01$35.77 million$39.10 millionViewN/AView Earnings Details
11/5/2014Q314$0.02($0.03)$38.40 million$36.52 millionViewN/AView Earnings Details
7/29/2014Q214$0.09$0.02$38.31 million$37.20 millionViewN/AView Earnings Details
5/28/2014Q114$0.11$0.10$37.86 million$41.30 millionViewN/AView Earnings Details
2/26/2014Q413$0.18$0.38$42.10 million$59.20 millionViewN/AView Earnings Details
11/4/2013Q313$0.14$0.14$38.16 million$41.90 millionViewN/AView Earnings Details
8/21/2013Q2 2013$0.19$0.19$40.41 million$41.40 millionViewN/AView Earnings Details
5/15/2013Q1 2013$0.20$0.21$40.14 million$44.10 millionViewN/AView Earnings Details
2/20/2013Q4 2012$0.30$0.27$46.09 million$46.40 millionViewN/AView Earnings Details
11/14/2012Q312$0.29$0.30$44.95 million$46.80 millionViewN/AView Earnings Details
8/6/2012$0.30$0.31ViewN/AView Earnings Details
5/8/2012$0.29$0.32ViewN/AView Earnings Details
2/14/2012$0.36$0.33ViewN/AView Earnings Details
10/17/2011$0.34$0.37ViewN/AView Earnings Details
7/21/2011$0.35$0.27ViewN/AView Earnings Details
5/3/2011$0.38$0.41ViewN/AView Earnings Details
2/9/2011$0.39$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Safe Bulkers (NYSE:SB)
Current Year EPS Consensus Estimate: $-0.62 EPS
Next Year EPS Consensus Estimate: $-0.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.15)($0.15)($0.15)
Q2 20161($0.16)($0.16)($0.16)
Q3 20162($0.16)($0.14)($0.15)
Q4 20162($0.16)($0.15)($0.16)
Q1 20171($0.14)($0.14)($0.14)
Q2 20171($0.15)($0.15)($0.15)
Q3 20171($0.15)($0.15)($0.15)
Q4 20171($0.15)($0.15)($0.15)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Safe Bulkers (NYSE:SB)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:-56.90% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Safe Bulkers (NYSE:SB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/31/2015quarterly$0.011.16%8/14/20158/18/20158/28/2015
6/9/2015quarterly$0.011.24%6/17/20156/19/20156/26/2015
2/27/2015quarterly$0.022.11%3/6/20153/10/20153/17/2015
11/5/2014quarterly$0.043.33%11/19/201411/21/201412/5/2014
7/29/2014quarterly$0.063.25%8/15/20148/19/20148/29/2014
5/29/2014quarterly$0.062.98%6/6/20146/10/20146/17/2014
2/26/2014quarterly$0.062.31%3/6/20143/10/20143/17/2014
11/5/2013quarterly$0.062.84%11/20/201311/22/201312/6/2013
8/21/2013quarterly$0.053.21%8/29/20139/3/20139/13/2013
5/15/2013quarterly$0.053.82%5/22/20135/27/20136/7/2013
2/20/2013quarterly$0.055.36%2/28/20133/4/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Safe Bulkers (NYSE:SB)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Safe Bulkers (NYSE:SB)
DateHeadline
News IconBroker Roundup For Safe Bulkers, Inc (NYSE:SB) - The De Soto Edge (NYSE:SB)
desotoedge.com - September 29 at 12:33 PM
News IconSafe Bulkers, Inc (NYSE:SB) Updated Analyst Coverage - NewsDen (NYSE:SB)
newsden.net - September 28 at 12:23 PM
News IconInterested Penny Stock Investors Keen on Shares of Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 28 at 12:23 PM
News IconPenny Stock Investors are Growing Curious About Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 27 at 7:02 PM
News IconUnder the Microscope: Zeroing in on Shares of Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 26 at 7:14 PM
News IconActive Valued Watching Stock- Southwest Airlines (NYSE:LUV), Flowers Foods (NYSE:FLO), Safe Bulkers (NYSE:SB) - Seneca Globe (NYSE:SB)
www.senecaglobe.com - September 26 at 8:02 AM
News IconConcerns Diverting Active Stocks Direction: Exxon Mobil (NYSE:XOM), Safe Bulkers (NYSE:SB), Chico's FAS (NYSE ... - Street Wise Report (press release) (blog) (NYSE:SB)
streetwisereport.com - September 26 at 8:02 AM
News IconSafe Bulkers, Inc. Announces Election of Class II Directors at 2016 Annual Meeting of Stockholders - Yahoo Sports (NYSE:SB)
sports.yahoo.com - September 24 at 11:33 AM
News IconKeen Investors Find News on Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 23 at 6:38 PM
marketwired.com logoSafe Bulkers, Inc. Announces Election of Class II Directors at 2016 ... - Marketwired (press release) (NYSE:SB)
www.marketwired.com - September 23 at 6:38 PM
publicnow.com logoSafe Bulkers, Inc. Announces Election of Class II Directors at 2016 Annual Meeting of Stockholders (NYSE:SB)
www.publicnow.com - September 23 at 6:38 PM
News IconUnder the Microscope, Zeroing in at Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 22 at 12:00 PM
News IconPenny Stock Investors Keen on Shares of Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 21 at 6:47 PM
News IconSell-side is Weighing in on Safe Bulkers, Inc (NYSE:SB) Earnings - Frisco Fastball (NYSE:SB)
friscofastball.com - September 21 at 11:14 AM
News IconStock Update on Earnings & Estimates for Safe Bulkers, Inc (NYSE:SB) - Frisco Fastball (NYSE:SB)
friscofastball.com - September 20 at 12:30 PM
News IconPenny Stock Investors Take an Interest in Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 20 at 12:30 PM
News IconUnder the Microscope: Getting a Closer Look at Shares of Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 19 at 7:07 PM
finance.yahoo.com logoStormy Seas Ahead For Shippers Following Hanjin’s Bankruptcy (NYSE:SB)
finance.yahoo.com - September 19 at 11:45 AM
News IconKeen Investors Seek Information on Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 17 at 11:36 AM
News Icon(NYSE:LUV), a large market cap stock a smart buy? (NYSE:SB)
magseriesusa.net - September 14 at 11:34 AM
capitalcube.com logoETF’s with exposure to Safe Bulkers, Inc. : September 14, 2016 (NYSE:SB)
www.capitalcube.com - September 14 at 11:34 AM
News IconShares in Focus: Safe Bulkers, Inc (NYSE:SB) Earnings & Targets Update - Frisco Fastball (NYSE:SB)
friscofastball.com - September 10 at 6:23 PM
News IconFocusing the Spotlight on Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 9 at 6:49 PM
News IconPlacing Safe Bulkers, Inc (NYSE:SB) Shares Under the Microscope - Post News (NYSE:SB)
www.kentuckypostnews.com - September 9 at 6:49 PM
News IconShares Higher in Today's Session: Safe Bulkers, Inc. (NYSE:SB) - Post News (NYSE:SB)
www.kentuckypostnews.com - September 9 at 6:49 PM
News IconMaking News: Targeting shares of Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 9 at 6:49 PM
News IconSafe Bulkers' (SB) Hold Rating Reaffirmed at Jefferies Group - Cosumnes Connection (subscription) (NYSE:SB)
www.crcconnection.com - September 9 at 6:49 PM
News IconSafe Bulkers, Inc (NYSE:SB) From The Analysts Point of View - National Daily Press (NYSE:SB)
www.nationaldailypress.com - September 9 at 6:49 PM
News IconNarrowing the Lens on Safe Bulkers, Inc. (NYSE:SB) - Duncan Research (NYSE:SB)
www.duncanindependent.com - September 8 at 11:01 AM
News IconGovernor nominee's work 'in Bosnia' was mainly in Croatia (NYSE:SB)
www.wsbradio.com - August 22 at 11:50 AM
News IconAnalysts & Crowd Weigh in on Safe Bulkers, Inc (NYSE:SB) Stock - Post News (NYSE:SB)
www.kentuckypostnews.com - August 20 at 6:53 PM
News IconCrowd & Analysts Have Spoken: Safe Bulkers, Inc (NYSE:SB) Stock Update - Post News (NYSE:SB)
www.kentuckypostnews.com - August 19 at 7:08 PM
capitalcube.com logoSafe Bulkers, Inc. :SB-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NYSE:SB)
www.capitalcube.com - August 11 at 7:47 PM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 9.38% on August 08 - Equities.com (NYSE:SB)
www.equities.com - August 10 at 10:26 AM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 7.56% on August 05 - Equities.com (NYSE:SB)
www.equities.com - August 6 at 9:58 AM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 8.26% on August 03 - Equities.com (NYSE:SB)
www.equities.com - August 5 at 7:30 PM
marketwired.com logoSafe Bulkers, Inc. Agrees to the Issuance of 2.95% Cumulative Redeemable ... (NYSE:SB)
www.marketwired.com - August 3 at 10:35 AM
finance.yahoo.com logo9:04 am Safe Bulkers agrees to the issuance of 2.95% cumulative redeemable perpetual preferred equity to an unaffiliated investor to finance $16.9 mln of a newbuild vessel (NYSE:SB)
finance.yahoo.com - August 3 at 10:35 AM
publicnow.com logoSafe Bulkers, Inc. Agrees to the Issuance of 2.95% Cumulative Redeemable Perpetual Preferred Equity to an Unaffiliated Investor to Finance $16.9 Million of a Newbuild Vessel (NYSE:SB)
www.publicnow.com - August 3 at 10:35 AM
breakingfinancenews.com logoSeaport Global recorded (NYSE:SB) Safe Bulkers, boosting its target price to $1 today (NYSE:SB)
breakingfinancenews.com - August 2 at 7:38 PM
fidaily.com logoSeaport Global Begins Coverage on Safe Bulkers, Inc Common Stock (SB) With An Initial Rating Of "" - Finance Daily (NYSE:SB)
www.fidaily.com - August 2 at 12:14 PM
equities.com logoSafe Bulkers Inc ($0.001 par value) (SB) Jumps 5.5% on August 01 - Equities.com (NYSE:SB)
www.equities.com - August 1 at 7:02 PM
benzinga.com logoSafe Bulkers The Best Play For A Dry Bulk Recovery, Says Morgan Stanley (NYSE:SB)
www.benzinga.com - August 1 at 11:56 AM
breakingfinancenews.com logoA statement released today by Credit Suisse about Safe Bulkers(NYSE:SB) bumps the target price to $1 (NYSE:SB)
breakingfinancenews.com - July 31 at 11:10 AM
marketwired.com logoSafe Bulkers, Inc. Reports Second Quarter and Six Months 2016 Results - Marketwired (press release) (NYSE:SB)
www.marketwired.com - July 30 at 10:02 AM
News IconSafe Bulkers Reports Q2 Loss, Expands Fleet (NYSE:SB)
www.marinelink.com - July 29 at 7:26 PM
finance.yahoo.com logoEdited Transcript of SB earnings conference call or presentation 29-Jul-16 12:30pm GMT (NYSE:SB)
finance.yahoo.com - July 29 at 11:44 AM
finance.yahoo.com logoSafe Bulkers reports 2Q loss - Yahoo Finance (NYSE:SB)
finance.yahoo.com - July 29 at 10:22 AM
finance.yahoo.com logoSafe Bulkers downgraded by Credit Suisse (NYSE:SB)
finance.yahoo.com - July 29 at 7:54 AM
marketwired.com logoSafe Bulkers, Inc. Reports Second Quarter and Six Months 2016 Results (NYSE:SB)
www.marketwired.com - July 28 at 7:35 PM

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Safe Bulkers (NYSE:SB) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff