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) announced its earnings results 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 had revenue of $47.13 million for the quarter, compared to analyst estimates 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 Wednesday, February 26th 2020. View Earnings Estimates for Safe Bulkers.

News headlines about SB stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Safe Bulkers earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. 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 trading volume, of 246,700 shares, the short-interest ratio is currently 3.9 days. Currently, 2.0% of the company's shares are sold short. View Safe Bulkers' Current Options Chain.

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

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 variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.59%), UBS Group AG (0.64%), Geode Capital Management LLC (0.37%), Ruffer LLP (0.35%), Goldman Sachs Group Inc. (0.25%) and Chicago Equity Partners LLC (0.23%). 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, Geode Capital Management LLC and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Safe Bulkers.

SB stock was bought 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 $1.25.

Safe Bulkers has a market capitalization of $126.59 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]