NYSE:SB - Safe Bulkers Stock Price, News, & Analysis

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$1.63 -0.07 (-4.12 %)
(As of 04/24/2019 02:38 PM ET)
Previous Close$1.70
Today's Range$1.63 - $1.69
52-Week Range$1.28 - $3.90
Volume1,900 shs
Average Volume345,027 shs
Market Capitalization$167.18 million
P/E Ratio9.59
Dividend YieldN/A
Beta1.65
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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone30 2111888400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$193.19 million
Cash Flow$0.7762 per share
Book Value$4.59 per share

Profitability

Net Income$27.68 million

Miscellaneous

Employees7
Market Cap$167.18 million
Next Earnings Date6/4/2019 (Estimated)
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) announced its quarterly earnings data on Tuesday, February, 19th. The shipping company reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.02. The shipping company earned $52.57 million during the quarter, compared to analyst estimates of $52.04 million. Safe Bulkers had a net margin of 14.19% and a return on equity of 6.30%. View Safe Bulkers' Earnings History.

When is Safe Bulkers' next earnings date?

Safe Bulkers is scheduled to release their next quarterly earnings announcement on Tuesday, June 4th 2019. View Earnings Estimates for Safe Bulkers.

What price target have analysts set for SB?

4 Wall Street analysts have issued twelve-month price objectives for Safe Bulkers' shares. Their predictions range from $3.50 to $5.00. On average, they expect Safe Bulkers' stock price to reach $4.25 in the next twelve months. This suggests a possible upside of 159.1% from the stock's current price. View Analyst Price Targets for Safe Bulkers.

What is the consensus analysts' recommendation for Safe Bulkers?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 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. " (1/18/2019)
  • 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?

Media headlines about SB stock have trended very positive recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Safe Bulkers earned a news sentiment score of 3.3 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Who are some of Safe Bulkers' key competitors?

What other stocks do shareholders of Safe Bulkers own?

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)
  • Mr. 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 $1.64.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $168.21 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.

What is Safe Bulkers' official website?

The official website for Safe Bulkers is http://www.safebulkers.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  293 (Vote Outperform)
Underperform Votes:  358 (Vote Underperform)
Total Votes:  651
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.
This page was last updated on 4/24/2019 by MarketBeat.com Staff

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