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) issued its quarterly earnings data on Thursday, October, 24th. The shipping company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The shipping company earned $47.13 million during the quarter, compared to analyst estimates of $48.67 million. Safe Bulkers had a net margin of 11.05% and a return on equity of 4.92%. View Safe Bulkers' Earnings History.

Safe Bulkers is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Safe Bulkers.

1 equities research analysts have issued 1-year price objectives for Safe Bulkers' shares. Their forecasts range from $3.50 to $3.50. On average, they expect Safe Bulkers' stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 136.5% from the stock's current price. View Analyst Price Targets for Safe Bulkers.

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

News articles about SB stock have trended somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Safe Bulkers earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Safe Bulkers.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Triton International (TRTN), Paragon Shipping (PRGNF), Star Bulk Carriers (SBLK), Chesapeake Energy (chk), COSTAMARE INC/SH (CMRE), Diana Shipping (dsx), Freeport-McMoRan (FCX), Catalyst Pharmaceuticals (CPRX), FORTESCUE METAL/S (FSUGY) and Capital Product Partners (cplp).

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 $1.48.

Safe Bulkers has a market capitalization of $149.88 million and generates $193.19 million in revenue each year. The shipping company earns $27.68 million in net income (profit) each year or $0.17 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 safe[email protected]