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NYSE:SBSafe Bulkers Stock Price, Forecast & News

$1.02
+0.03 (+3.05 %)
(As of 06/1/2020 04:00 PM ET)
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Today's Range
$0.96
Now: $1.02
$1.05
50-Day Range
$0.86
MA: $1.01
$1.15
52-Week Range
$0.74
Now: $1.02
$2.38
Volume284,400 shs
Average Volume300,038 shs
Market Capitalization$106.34 million
P/E Ratio20.40
Dividend YieldN/A
Beta0.97
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: 0.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.81 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.76 million
Cash Flow$0.66 per share
Book Value$4.67 per share

Profitability

Net Income$16.04 million

Miscellaneous

Employees7
Market Cap$106.34 million
Next Earnings Date6/8/2020 (Confirmed)
OptionableOptionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SB shares have decreased by 12.8% and is now trading at $1.02. View which stocks have been most impacted by Coronavirus.

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." 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 Monday, June 8th 2020. View our earnings forecast for Safe Bulkers.

How can I listen to Safe Bulkers' earnings call?

Safe Bulkers will be holding an earnings conference call on Monday, June 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc. (NYSE:SB) posted its quarterly earnings results on Wednesday, February, 26th. The shipping company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The shipping company earned $48.20 million during the quarter, compared to analysts' expectations of $50.52 million. Safe Bulkers had a return on equity of 3.57% and a net margin of 8.02%. View Safe Bulkers' earnings history.

What price target have analysts set for SB?

1 brokerages have issued 1-year target prices for Safe Bulkers' shares. Their forecasts range from $0.40 to $0.40. On average, they expect Safe Bulkers' share price to reach $0.40 in the next year. This suggests that the stock has a possible downside of 60.8%. View analysts' price targets for Safe Bulkers.

Has Safe Bulkers been receiving favorable news coverage?

News coverage about SB stock has trended very positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Safe Bulkers earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutSafe Bulkers.

Are investors shorting Safe Bulkers?

Safe Bulkers saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 748,700 shares, a drop of 6.8% from the April 30th total of 803,200 shares. Based on an average daily volume of 294,400 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.5% of the shares of the company 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.57%), State Street Corp (0.77%), Nuveen Asset Management LLC (0.58%), UBS Group AG (0.50%), Geode Capital Management LLC (0.33%) and Invesco Ltd. (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 Chicago Equity Partners LLC, Morgan Stanley, UBS Group AG, Invesco Ltd., Two Sigma Advisers LP, Connor Clark & Lunn Investment Management Ltd., Geode Capital Management LLC, and SG Americas Securities LLC. View insider buying and selling activity for Safe Bulkers.

Which institutional investors are buying Safe Bulkers stock?

SB stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., MCF Advisors LLC, BlackRock Inc., Nuveen Asset Management LLC, State Street Corp, JPMorgan Chase & Co., Wells Fargo & Company MN, and Empirical Financial Services LLC d.b.a. Empirical Wealth Management. 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 $1.02.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $106.34 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 6/2/2020 by MarketBeat.com Staff

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