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
Price-To-Earnings
Sales & Book Value
Annual Sales$148.03 million
Profitability
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) announced its earnings results on Tuesday, February, 19th. The shipping company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.02. The shipping company had revenue of $52.57 million for the quarter, compared to analyst estimates of $52.04 million. Safe Bulkers had a return on equity of 25.12% and a net margin of 11.41%. View Safe Bulkers' Earnings History.
What price target have analysts set for SB?
6 brokers have issued twelve-month target prices for Safe Bulkers' shares. Their forecasts 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 157.9% 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. " (1/18/2019)
- 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 coverage about SB stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Safe Bulkers earned a news impact score of 1.4 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are some of Safe Bulkers' key competitors?
Some companies that are related to Safe Bulkers include COSTAMARE INC/SH (CMRE), DHT (DHT), Navigator (NVGS), Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Eagle Bulk Shipping (EGLE), Genco Shipping & Trading (GNK), Dorian LPG (LPG), Scorpio Bulkers (SALT), Diana Shipping (DSX), Capital Product Partners (CPLP), TSAKOS ENERGY N/SH (TNP), SEACOR Marine (SMHI) and Ardmore Shipping (ASC).
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)
Who are Safe Bulkers' major shareholders?
Safe Bulkers' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.63%), Evermore Global Advisors LLC (1.54%), Signia Capital Management LLC (1.33%), California Public Employees Retirement System (0.45%), Chicago Equity Partners LLC (0.39%) and Two Sigma Advisers LP (0.30%). Company insiders that own Safe Bulkers stock include Robert Kim Tyler and Robert Morrison. 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 Evermore Global Advisors LLC, Millennium Management LLC, Two Sigma Investments LP, Macquarie Group Ltd., GSA Capital Partners LLP, Signia Capital Management LLC, Two Sigma Advisers LP and ClariVest Asset Management LLC. View Insider Buying and Selling for Safe Bulkers.
Which institutional investors are buying Safe Bulkers stock?
SB stock was bought by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Mackenzie Financial Corp, Barclays PLC, BlackRock Inc., MCF Advisors LLC, D. E. Shaw & Co. Inc., Geode Capital Management LLC and Dupont Capital Management Corp. Company insiders that have bought Safe Bulkers stock in the last two years include Robert Kim Tyler and Robert Morrison. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Safe Bulkers' stock price today?
One share of SB stock can currently be purchased for approximately $1.68.
How big of a company is Safe Bulkers?
Safe Bulkers has a market capitalization of $170.60 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.
