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 the consensus estimate 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.

1 equities research analysts have issued twelve-month target prices for Safe Bulkers' stock. Their forecasts range from $3.50 to $3.50. On average, they anticipate Safe Bulkers' share price to reach $3.50 in the next year. This suggests a possible upside of 150.0% 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.

Media stories about SB stock have been trending extremely negative on Thursday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing 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 closest to five being the most favorable. Safe Bulkers earned a coverage optimism score of -4.9 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect 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 in 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 days-to-cover ratio is presently 3.9 days. Approximately 2.0% of the company's shares are short sold. View Safe Bulkers' Current Options Chain.

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

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 a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.59%), UBS Group AG (0.64%), Ruffer LLP (0.35%), Goldman Sachs Group Inc. (0.25%), Chicago Equity Partners LLC (0.23%) and Acadian Asset Management LLC (0.17%). 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 and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Safe Bulkers.

SB stock was purchased 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 $1.40.

Safe Bulkers has a market capitalization of $141.78 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 [email protected]