NYSE:SB Safe Bulkers Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Safe Bulkers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.03 +0.01 (+0.98 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$1.01Now: $1.03▼$1.0550-Day Range$1.02MA: $1.13▼$1.3452-Week Range$0.74Now: $1.03▼$1.99Volume52,253 shsAverage Volume244,428 shsMarket Capitalization$105.19 millionP/E RatioN/ADividend YieldN/ABeta0.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingSafe Bulkers has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $0.95, Safe Bulkers has a forecasted downside of 7.8% from its current price of $1.03.Amount of Analyst CoverageSafe Bulkers has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesSafe Bulkers has received 360 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSafe Bulkers has received 431 “underperform” votes. (Add your “underperform” vote.)Community SentimentSafe Bulkers has received 54.49% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Safe Bulkers and other stocks. Vote “Outperform” if you believe SB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSafe Bulkers does not currently pay a dividend.Dividend GrowthSafe Bulkers does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safe Bulkers insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 13.18% of the stock of Safe Bulkers is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Safe Bulkers are expected to grow in the coming year, from ($0.25) to $0.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Safe Bulkers is -4.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Safe Bulkers is -4.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSafe Bulkers has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.94 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:SB Previous Symbol CUSIPN/A CIK1434754 Webwww.safebulkers.com Phone011-30-21-1188-8400Debt Debt-to-Equity Ratio1.28 Current Ratio1.36 Quick Ratio1.36Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$197.76 million Price / Sales0.53 Cash Flow$0.67 per share Price / Cash Flow1.54 Book Value$4.53 per share Price / Book0.23Profitability EPS (Most Recent Fiscal Year)$0.05 Net Income$16.04 million Net Margins-7.59% Return on Equity-3.08% Return on Assets-1.28%Miscellaneous Employees7 Outstanding Shares102,122,000Market Cap$105.19 million Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $1.03 +0.01 (+0.98 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SB News and Ratings via Email Sign-up to receive the latest news and ratings for SB and its competitors with MarketBeat's FREE daily newsletter. Safe Bulkers (NYSE:SB) Frequently Asked Questions 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 (WHO). Since then, SB stock has decreased by 12.0% and is now trading at $1.03. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Safe Bulkers? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 1 sell rating and 2 buy ratings 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) posted its earnings results on Tuesday, August, 4th. The shipping company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by $0.04. The shipping company had revenue of $29.70 million for the quarter, compared to analysts' expectations of $34.47 million. Safe Bulkers had a negative net margin of 7.59% and a negative return on equity of 3.08%. View Safe Bulkers' earnings history. What price target have analysts set for SB? 3 equities research analysts have issued 1-year price objectives for Safe Bulkers' shares. Their forecasts range from $0.40 to $1.50. On average, they anticipate Safe Bulkers' share price to reach $0.95 in the next year. This suggests that the stock has a possible downside of 7.8%. View analysts' price targets for Safe Bulkers. Who are some of Safe Bulkers' key competitors? Some companies that are related to Safe Bulkers include Dorian LPG (LPG), Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), Danaos (DAC), Scorpio Bulkers (SALT), TSAKOS ENERGY N/SH (TNP), Diana Shipping (DSX), Capital Product Partners (CPLP), Global Ship Lease (GSL), Pangaea Logistics Solutions (PANL), StealthGas (GASS), Ardmore Shipping (ASC) and Grindrod Shipping (GRIN). View all 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 INC/SH (CMRE), Freeport-McMoRan (FCX), GasLog (GLOG) and Star Bulk Carriers (SBLK). 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 variety of retail and institutional investors. Top institutional investors include Nuveen Asset Management LLC (0.57%), Goldman Sachs Group Inc. (0.23%), Two Sigma Advisers LP (0.11%), 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, Two Sigma Advisers LP, Nuveen Asset Management LLC, and Goldman Sachs Group Inc.. View insider buying and selling activity for Safe Bulkers. Which institutional investors are buying Safe Bulkers stock? SB stock was purchased 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 $1.03. How big of a company is Safe Bulkers? Safe Bulkers has a market capitalization of $105.19 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
