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) released its earnings results on Thursday, October, 24th. The shipping company reported $0.03 earnings per share (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 analysts' expectations of $48.67 million. Safe Bulkers had a return on equity of 4.92% and a net margin of 11.05%. 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 Wall Street analysts have issued 1-year price objectives for Safe Bulkers' shares. Their forecasts range from $3.50 to $3.50. On average, they anticipate Safe Bulkers' stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 118.8% 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 coverage about SB stock has been trending negative on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news 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 daily sentiment score of -2.5 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days. View News Stories for Safe Bulkers.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Paragon Shipping (PRGNF), Star Bulk Carriers (SBLK), Chesapeake Energy (CHK), COSTAMARE INC/SH (CMRE), Diana Shipping (DSX), Freeport-McMoRan (FCX), FORTESCUE METAL/S (FSUGY), Catalyst Pharmaceuticals (CPRX), Triton International (TRTN) 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 $1.60.

Safe Bulkers has a market capitalization of $162.03 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]