NYSE:SBSafe Bulkers Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Safe Bulkers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.09 +0.08 (+7.92 %) (As of 04/6/2020 12:49 PM ET) Add Compare Share Today's Range$1.06Now: $1.09▼$1.1050-Day Range$0.86MA: $1.22▼$1.4152-Week Range$0.74Now: $1.09▼$2.38Volume68,801 shsAverage Volume386,535 shsMarket Capitalization$113.63 millionP/E Ratio21.80Dividend YieldN/ABeta1.32 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.5 Analyst's Opinion Consensus RatingSafe Bulkers has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $0.40, Safe Bulkers has a potential downside of 63.3% from its current price of $1.09.Amount of Analyst CoverageSafe Bulkers has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesSafe Bulkers has received 357 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSafe Bulkers has received 427 “underperform” votes. (Add your “underperform” vote.)Community SentimentSafe Bulkers has received 54.46% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldSafe Bulkers does not currently pay a dividend.Dividend GrowthSafe Bulkers does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safe Bulkers insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 15.66% of the stock of Safe Bulkers is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Safe Bulkers are expected to decrease by -455.56% in the coming year, from ($0.09) to $0.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Safe Bulkers is 21.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Safe Bulkers is 21.80, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 10.77.Price to Book Value per Share RatioSafe Bulkers has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:SB Previous Symbol CUSIPN/A CIK1434754 Webhttp://www.safebulkers.com/ Phone011-30-21-1188-8400Debt Debt-to-Equity Ratio1.14 Current Ratio1.57 Quick Ratio1.46Price-To-Earnings Trailing P/E Ratio21.80 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$197.76 million Price / Sales0.57 Cash Flow$0.71 per share Price / Cash Flow1.53 Book Value$4.67 per share Price / Book0.23Profitability EPS (Most Recent Fiscal Year)$0.05 Net Income$16.04 million Net Margins8.02% Return on Equity3.57% Return on Assets1.55%Miscellaneous Employees7 Outstanding Shares104,250,000Market Cap$113.63 million Next Earnings Date5/26/2020 (Estimated) OptionableOptionable Receive SB News and Ratings via Email Sign-up to receive the latest news and ratings for SB and its competitors with MarketBeat's FREE daily newsletter. SB Rates by TradingView Safe Bulkers (NYSE:SB) Frequently Asked Questions How has Safe Bulkers' stock been impacted by COVID-19 (Coronavirus)? Safe Bulkers' stock was trading at $1.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SB shares have decreased by 6.8% and is now trading at $1.09. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Safe Bulkers? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Safe Bulkers. When is Safe Bulkers' next earnings date? Safe Bulkers is scheduled to release its next quarterly earnings announcement on Tuesday, May 26th 2020. View our earnings forecast for Safe Bulkers. How were Safe Bulkers' earnings last quarter? Safe Bulkers, Inc. (NYSE:SB) posted its quarterly earnings data on Wednesday, February, 26th. The shipping company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.04. The shipping company earned $48.20 million during the quarter, compared to analyst estimates of $50.52 million. Safe Bulkers had a net margin of 8.02% and a return on equity of 3.57%. View Safe Bulkers' earnings history. What price target have analysts set for SB? 1 Wall Street analysts have issued 12 month price targets for Safe Bulkers' shares. Their forecasts range from $0.40 to $0.40. On average, they anticipate Safe Bulkers' share price to reach $0.40 in the next year. This suggests that the stock has a possible downside of 63.3%. View analysts' price targets for Safe Bulkers. Has Safe Bulkers been receiving favorable news coverage? Press coverage about SB stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Safe Bulkers earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSafe Bulkers. Are investors shorting Safe Bulkers? Safe Bulkers saw a increase in short interest in March. As of March 13th, there was short interest totaling 1,155,500 shares, an increase of 12.2% from the February 27th total of 1,030,000 shares. Based on an average daily volume of 277,900 shares, the short-interest ratio is currently 4.2 days. Approximately 2.4% of the shares of the stock are short sold. View Safe Bulkers' Current Options Chain. Who are some of Safe Bulkers' key competitors? Some companies that are related to Safe Bulkers include Dorian LPG (LPG), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK), Navigator (NVGS), Overseas Shipholding Group (OSG), Ardmore Shipping (ASC), Scorpio Bulkers (SALT), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), Capital Product Partners (CPLP), SEACOR Marine (SMHI), Pangaea Logistics Solutions (PANL), Danaos (DAC) and StealthGas (GASS). What other stocks do shareholders of Safe Bulkers own? 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). Who are Safe Bulkers' key executives? Safe Bulkers' management team includes the following 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) What is Safe Bulkers' stock symbol? Safe Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SB." 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, Robinhood, Fidelity, and Charles Schwab. What is Safe Bulkers' stock price today? One share of SB stock can currently be purchased for approximately $1.09. How big of a company is Safe Bulkers? Safe Bulkers has a market capitalization of $113.63 million and generates $197.76 million in revenue each year. The shipping company earns $16.04 million in net income (profit) each year or $0.05 on an earnings per share basis. Safe Bulkers employs 7 workers across the globe. View additional information about Safe Bulkers. 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 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] This page was last updated on 4/6/2020 by MarketBeat.com StaffFeatured Article: What does it mean to hold a stock in street name?
