S&P 500   3,821.35
DOW   31,802.44
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S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
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S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
pixel
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
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NYSE:SB

Safe Bulkers Stock Forecast, Price & News

$2.71
-0.04 (-1.45 %)
(As of 03/8/2021 12:00 AM ET)
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Today's Range
$2.65
Now: $2.71
$2.75
50-Day Range
$1.64
MA: $2.38
$3.12
52-Week Range
$0.74
Now: $2.71
$3.15
Volume521,678 shs
Average Volume797,566 shs
Market Capitalization$276.75 million
P/E RatioN/A
Dividend YieldN/A
Beta0.95
Safe Bulkers, Inc. provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 13, 2020, the company had a fleet of 41 drybulk vessels having an average age of 9.5 years; and an aggregate carrying capacity of 3,777,000 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 10 Kamsarmax class vessels, 13 post- Panamax class vessels, and 4 Capesize class vessels. The company was founded in 2007 and is based in Monaco.
Safe Bulkers logo

Headlines

Safe Bulkers EPS beats by $0.05, beats on revenue
November 11, 2020 |  seekingalpha.com
Recap: Safe Bulkers Q3 Earnings
November 11, 2020 |  benzinga.com
Safe Bulkers (SB) Reports Break-Even Earnings for Q3
November 11, 2020 |  finance.yahoo.com
Safe Bulkers acquires Kamsarmax class Japanese vessel
October 21, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone011-30-21-1188-8400
Employees7
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.76 million
Cash Flow$1.02 per share
Book Value$4.53 per share

Profitability

Net Income$16.04 million

Miscellaneous

Market Cap$276.75 million
Next Earnings Date6/14/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

0.98 out of 5 stars

Transportation Sector

134th out of 240 stocks

Deep Sea Foreign Transportation Of Freight Industry

31st out of 52 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$2.71
-0.04 (-1.45 %)
(As of 03/8/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Safe Bulkers (NYSE:SB) Frequently Asked Questions

Is Safe Bulkers a buy right now?

3 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 2 buy ratings 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.

What stocks does MarketBeat like better than Safe Bulkers?

Wall Street analysts have given Safe Bulkers a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Safe Bulkers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Safe Bulkers' next earnings date?

Safe Bulkers is scheduled to release its next quarterly earnings announcement on Monday, June 14th 2021.
View our earnings forecast for Safe Bulkers
.

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc. (NYSE:SB) announced its earnings results on Sunday, February, 14th. The shipping company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. Safe Bulkers had a negative trailing twelve-month return on equity of 3.64% and a negative net margin of 8.52%.
View Safe Bulkers' earnings history
.

How has Safe Bulkers' stock been impacted by COVID-19?

Safe Bulkers' stock was trading at $1.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SB stock has increased by 131.6% and is now trading at $2.71.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for SB?

3 Wall Street analysts have issued 12 month price targets for Safe Bulkers' shares. Their forecasts range from $1.50 to $3.00. On average, they anticipate Safe Bulkers' stock price to reach $2.08 in the next year. This suggests that the stock has a possible downside of 23.1%.
View analysts' price targets for Safe Bulkers
or view top-rated stocks among Wall Street analysts.

Who are Safe Bulkers' key executives?

Safe Bulkers' management team includes the following people:
  • Mr. Polys Hajioannou, Chairman & CEO (Age 54)
  • Dr. Loukas Barmparis, Pres, Sec. & Director (Age 58)
  • Mr. Konstantinos Adamopoulos, CFO & Director (Age 58)
  • Mr. Ioannis Foteinos, COO & Director (Age 62)

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 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).

What is Safe Bulkers' stock symbol?

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

Who are Safe Bulkers' major shareholders?

Safe Bulkers' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.52%), BlackRock Inc. (2.70%), Northern Trust Corp (0.45%), Nuveen Asset Management LLC (0.25%), Vanguard Capital Wealth Advisors (0.18%) and Bank of New York Mellon Corp (0.17%).
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 Barclays PLC, Renaissance Technologies LLC, Alliancebernstein L.P., and Northern Trust Corp.
View insider buying and selling activity for Safe Bulkers
or view top insider-selling stocks.

Which institutional investors are buying Safe Bulkers stock?

SB stock was bought by a variety of institutional investors in the last quarter, including Vanguard Capital Wealth Advisors, JPMorgan Chase & Co., BlackRock Inc., Squarepoint Ops LLC, Bank of New York Mellon Corp, Wagner Wealth Management LLC, Wells Fargo & Company MN, and Rhumbline Advisers.
View insider buying and selling activity for Safe Bulkers
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Safe Bulkers' stock price today?

One share of SB stock can currently be purchased for approximately $2.71.

How much money does Safe Bulkers make?

Safe Bulkers has a market capitalization of $276.75 million and generates $197.76 million in revenue each year. The shipping company earns $16.04 million in net income (profit) each year or $0.05 on an earnings per share basis.

How many employees does Safe Bulkers have?

Safe Bulkers employs 7 workers across the globe.

What is Safe Bulkers' official website?

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

Where are Safe Bulkers' headquarters?

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

How can I contact Safe Bulkers?

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]


This page was last updated on 3/9/2021 by MarketBeat.com Staff

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