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

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

Safe Bulkers, Inc. (NYSE:SB) posted its quarterly earnings data on Wednesday, February, 26th. The shipping company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.04. The shipping company had revenue of $48.20 million for the quarter, compared to the consensus estimate of $50.52 million. Safe Bulkers had a return on equity of 3.59% and a net margin of 8.02%. View Safe Bulkers' Earnings History.

Safe Bulkers is scheduled to release their next quarterly earnings announcement on Tuesday, May 26th 2020. View Earnings Estimates for Safe Bulkers.

News headlines about SB stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Safe Bulkers earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Safe Bulkers.

Safe Bulkers saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 970,400 shares, an increase of 7.2% from the January 15th total of 905,300 shares. Based on an average daily volume of 246,700 shares, the short-interest ratio is presently 3.9 days. Currently, 2.0% of the company's shares are sold short. View Safe Bulkers' Current Options Chain.

Some companies that are related to Safe Bulkers include DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), TSAKOS ENERGY N/SH (TNP), Capital Product Partners (CPLP), Scorpio Bulkers (SALT), Diana Shipping (DSX), Ardmore Shipping (ASC), SEACOR Marine (SMHI), Overseas Shipholding Group (OSG), Danaos (DAC), Pangaea Logistics Solutions (PANL), Global Ship Lease (GSL) and StealthGas (GASS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Capital Product Partners (CPLP), Diana Shipping (DSX), Triton International (TRTN), COSTAMARE INC/SH (CMRE), GasLog (GLOG), Freeport-McMoRan (FCX), Teekay Lng Partners (TGP), TSAKOS ENERGY N/SH (TNP), Paragon Shipping (PRGNF) and Catalyst Pharmaceuticals (CPRX).

Safe Bulkers' stock is owned by many different of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.59%), UBS Group AG (0.64%), Geode Capital Management LLC (0.37%), Ruffer LLP (0.35%), Goldman Sachs Group Inc. (0.25%) and Chicago Equity Partners LLC (0.23%). View Institutional Ownership Trends for Safe Bulkers.

SB stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Chicago Equity Partners LLC, UBS Group AG, Ruffer LLP, Geode Capital Management LLC and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Safe Bulkers.

SB stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Acadian Asset Management LLC, Barclays PLC, Goldman Sachs Group Inc., Oxford Asset Management LLP and SG Americas Securities LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SB stock can currently be purchased for approximately $1.27.

Safe Bulkers has a market capitalization of $128.61 million and generates $197.76 million in revenue each year. The shipping company earns $27.68 million in net income (profit) each year or $0.05 on an earnings per share basis. Safe Bulkers employs 7 workers across the globe.View Additional Information About Safe Bulkers.

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

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]