Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of February 9, 2018, the company had a fleet of 39 drybulk vessels with an aggregate carrying capacity of 3,513,800 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 9 Kamsarmax class vessels, 13 Post-Panamax class vessels, and 3 Capesize class vessels. Safe Bulkers, Inc. was founded in 2007 and is based in Monaco.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone30 2111888400
Debt
Current Ratio0.75
Quick Ratio0.75
Price-To-Earnings
Sales & Book Value
Annual Sales$148.03 million
Price / Sales1.32
Price / Cash Flow3.79
Price / Book0.43
Profitability
Net Income$-84,670,000.00
Net Margins11.41%
Return on Assets11.00%
Miscellaneous
Employees797
OptionableOptionable
Safe Bulkers (NYSE:SB) Frequently Asked Questions
What is Safe Bulkers' stock symbol?
Safe Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SB."
How were Safe Bulkers' earnings last quarter?
Safe Bulkers, Inc. (NYSE:SB) issued its earnings results on Wednesday, November, 7th. The shipping company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.01. The shipping company earned $50.10 million during the quarter, compared to analysts' expectations of $48.08 million. Safe Bulkers had a return on equity of 25.12% and a net margin of 11.41%. View Safe Bulkers' Earnings History.
When is Safe Bulkers' next earnings date?
What price target have analysts set for SB?
6 brokerages have issued 1-year target prices for Safe Bulkers' shares. Their predictions range from $3.00 to $6.00. On average, they anticipate Safe Bulkers' share price to reach $4.3333 in the next year. This suggests a possible upside of 124.5% from the stock's current price. View Analyst Price Targets for Safe Bulkers.
What is the consensus analysts' recommendation for Safe Bulkers?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Safe Bulkers.
What are Wall Street analysts saying about Safe Bulkers stock?
Here are some recent quotes from research analysts about Safe Bulkers stock:
- 1. According to Zacks Investment Research, "SAFE BULKERS is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly grain, iron ore and coal, along worldwide shipping routes for some of the world's largest consumers of marine drybulk transportation services. " (1/9/2019)
- 2. Maxim Group analysts commented, "SB will report 2Q18 results after the close on July 25. We are expecting SB to remain in the black with net revenues of $43.5M, up 28% y/y, EBITDA of $24.9M, up 54% y/y and operating EPS of $0.04 vs. ($0.07) in 2Q17." (7/23/2018)
Has Safe Bulkers been receiving favorable news coverage?
News headlines about SB stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. 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 -1.2 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of Safe Bulkers' key competitors?
Some companies that are related to Safe Bulkers include Seacor (CKH), Star Bulk Carriers (SBLK), DHT (DHT), DryShips (DRYS), COSTAMARE INC/SH (CMRE), Navigator (NVGS), Scorpio Bulkers (SALT), Eagle Bulk Shipping (EGLE), Teekay (TK), Genco Shipping & Trading (GNK), Diana Shipping (DSX), Dorian LPG (LPG), Capital Product Partners (CPLP), SEACOR Marine (SMHI) and TSAKOS ENERGY N/SH (TNP).
Who are Safe Bulkers' key executives?
Safe Bulkers' management team includes the folowing people:
- Mr. Polys Hajioannou, Chairman & CEO (Age 52)
- Dr. Loukas Barmparis, Pres, Sec. & Director (Age 56)
- Konstantinos Adamopoulos, CFO & Director (Age 56)
- Mr. Ioannis Foteinos, COO & Director (Age 60)
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, Scottrade, Fidelity and Charles Schwab.
What is Safe Bulkers' stock price today?
One share of SB stock can currently be purchased for approximately $1.93.
How big of a company is Safe Bulkers?
Safe Bulkers has a market capitalization of $198.03 million and generates $148.03 million in revenue each year. The shipping company earns $-84,670,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis. Safe Bulkers employs 797 workers across the globe.
What is Safe Bulkers' official website?
How can I contact Safe Bulkers?
Safe Bulkers' mailing address is 6 Avenue des Citronniers Apt. D11, Monaco O9, 98000. The shipping company can be reached via phone at 30 2111888400 or via email at [email protected]
MarketBeat Community Rating for Safe Bulkers (NYSE SB)
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.
