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NYSE:SBSafe Bulkers Stock Price, Forecast & News

$1.24
-0.10 (-7.46 %)
(As of 08/5/2020 04:00 PM ET)
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Today's Range
$1.22
Now: $1.24
$1.29
50-Day Range
$1.15
MA: $1.24
$1.36
52-Week Range
$0.74
Now: $1.24
$2.24
Volume156,589 shs
Average Volume269,689 shs
Market Capitalization$126.63 million
P/E RatioN/A
Dividend YieldN/A
Beta1
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of February 14, 2019, the company had a fleet of 41 drybulk vessels having an average age of 8.5 years; and an aggregate carrying capacity of 3.8 million 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.91 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.76 million
Cash Flow$0.63 per share
Book Value$4.53 per share

Profitability

Net Income$16.04 million

Miscellaneous

Employees7
Market Cap$126.63 million
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$1.24
-0.10 (-7.46 %)
(As of 08/5/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Safe Bulkers (NYSE:SB) Frequently Asked Questions

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

Safe Bulkers' stock was trading at $1.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SB stock has increased by 6.0% and is now trading at $1.24.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Safe Bulkers?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Safe Bulkers
.

When is Safe Bulkers' next earnings date?

Safe Bulkers is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Safe Bulkers
.

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc. (NYSE:SB) issued its quarterly earnings data on Tuesday, August, 4th. The shipping company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.04. Safe Bulkers had a net margin of 0.34% and a return on equity of 0.18%.
View Safe Bulkers' earnings history
.

What price target have analysts set for SB?

2 brokerages have issued 12-month target prices for Safe Bulkers' shares. Their forecasts range from $0.40 to $1.50. On average, they anticipate Safe Bulkers' stock price to reach $0.95 in the next year. This suggests that the stock has a possible downside of 23.4%.
View analysts' price targets for Safe Bulkers
.

Has Safe Bulkers been receiving favorable news coverage?

Press coverage about SB stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Safe Bulkers earned a news impact score of -1.4 on InfoTrie's scale. They also gave news headlines 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 near future.
View the latest news about Safe Bulkers
.

Are investors shorting Safe Bulkers?

Safe Bulkers saw a decrease in short interest in July. As of July 31st, there was short interest totaling 552,900 shares, a decrease of 7.3% from the July 15th total of 596,300 shares. Based on an average trading volume of 228,400 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.1% of the shares of the stock are short sold.
View Safe Bulkers' Current Options Chain
.

Who are some of Safe Bulkers' key competitors?

What other stocks do shareholders of Safe Bulkers own?

Who are Safe Bulkers' key executives?

Safe Bulkers' management team includes the following people:
  • Mr. Polys Hajioannou, Chairman & CEO (Age 52)
  • Dr. Loukas Barmparis, Pres, Sec. & Director (Age 56)
  • Mr. Konstantinos Adamopoulos, CFO & Director (Age 56)
  • Mr. Ioannis Foteinos, COO & Director (Age 60)

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 many different retail and institutional investors. Top institutional shareholders include UBS Group AG (0.08%) and SG Americas Securities LLC (0.07%).
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 UBS Group AG.
View insider buying and selling activity for Safe Bulkers
.

Which institutional investors are buying Safe Bulkers stock?

SB stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC.
View insider buying and selling activity for Safe Bulkers
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Safe Bulkers' stock price today?

One share of SB stock can currently be purchased for approximately $1.24.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $126.63 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. Safe Bulkers employs 7 workers across the globe.

What is Safe Bulkers' official website?

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

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 8/6/2020 by MarketBeat.com Staff

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