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 $1.01 +0.01 (+1.00 %) (As of 06/3/2020 04:00 PM ET) Add Compare Share Today's Range$1.00Now: $1.01▼$1.0450-Day Range$0.86MA: $1.01▼$1.1552-Week Range$0.74Now: $1.01▼$2.38Volume231,600 shsAverage Volume300,080 shsMarket Capitalization$105.29 millionP/E Ratio20.20Dividend YieldN/ABeta0.97 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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 60.4% from its current price of $1.01.Amount of Analyst CoverageSafe Bulkers has received no research coverage in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesSafe Bulkers has received 358 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSafe Bulkers has received 430 “underperform” votes. (Add your “underperform” vote.)Community SentimentSafe Bulkers has received 54.57% “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 13.76% of the stock of Safe Bulkers is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Safe Bulkers are expected to grow in the coming year, from ($0.25) to $0.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Safe Bulkers is 20.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Safe Bulkers is 20.20, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.57.Price to Book Value per Share RatioSafe Bulkers has a P/B Ratio of 0.22. 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: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.81 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 Webwww.safebulkers.com Phone011-30-21-1188-8400Debt Debt-to-Equity Ratio1.14 Current Ratio1.57 Quick Ratio1.46Price-To-Earnings Trailing P/E Ratio20.20 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$197.76 million Price / Sales0.53 Cash Flow$0.67 per share Price / Cash Flow1.51 Book Value$4.67 per share Price / Book0.22Profitability 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 Shares104,251,000Market Cap$105.29 million Next Earnings Date6/8/2020 (Confirmed) OptionableOptionable SB Rates by TradingView 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. 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 reached pandemic status according to the World Health Organization. Since then, SB stock has decreased by 13.7% and is now trading at $1.01. View which stocks have been most 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 Monday, June 8th 2020. View our earnings forecast for Safe Bulkers. How can I listen to Safe Bulkers' earnings call? Safe Bulkers will be holding an earnings conference call on Monday, June 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Safe Bulkers' earnings last quarter? Safe Bulkers, Inc. (NYSE:SB) announced its quarterly earnings data on Wednesday, February, 26th. The shipping company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.04. The shipping company earned $48.20 million during the quarter, compared to the consensus estimate of $50.52 million. Safe Bulkers had a return on equity of 3.57% and a net margin of 8.02%. View Safe Bulkers' earnings history. What price target have analysts set for SB? 1 brokerages have issued twelve-month price objectives for Safe Bulkers' stock. Their forecasts range from $0.40 to $0.40. On average, they anticipate Safe Bulkers' stock price to reach $0.40 in the next year. This suggests that the stock has a possible downside of 60.4%. View analysts' price targets for Safe Bulkers. Has Safe Bulkers been receiving favorable news coverage? News coverage about SB stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media 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 closest to five being the most favorable. Safe Bulkers earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSafe Bulkers. Are investors shorting Safe Bulkers? Safe Bulkers saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 748,700 shares, a decrease of 6.8% from the April 30th total of 803,200 shares. Based on an average daily trading volume, of 294,400 shares, the short-interest ratio is presently 2.5 days. Approximately 1.5% of the company's shares are sold short. View Safe Bulkers' Current Options Chain. Who are some of Safe Bulkers' key competitors? Some companies that are related to Safe Bulkers include Teekay (TK), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK), Ardmore Shipping (ASC), Overseas Shipholding Group (OSG), Capital Product Partners (CPLP), Eagle Bulk Shipping (EGLE), Scorpio Bulkers (SALT), Diana Shipping (DSX), StealthGas (GASS), Danaos (DAC), Pangaea Logistics Solutions (PANL), Navios Maritime Acquisition (NNA), Navios Maritime Partners (NMM) and Global Ship Lease (GSL). View all competitors. 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 Diana Shipping (DSX), Capital Product Partners (CPLP), Triton International (TRTN), COSTAMARE INC/SH (CMRE), GasLog (GLOG), Freeport-McMoRan (FCX), Paragon Shipping (PRGNF), Scorpio Bulkers (SALT), Star Bulk Carriers (SBLK) and Teekay Lng Partners (TGP). 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." Who are Safe Bulkers' major shareholders? Safe Bulkers' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.57%), State Street Corp (0.77%), Nuveen Asset Management LLC (0.58%), UBS Group AG (0.50%), Geode Capital Management LLC (0.33%) and Invesco Ltd. (0.17%). View institutional ownership trends for Safe Bulkers. Which major investors are selling Safe Bulkers stock? SB stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Morgan Stanley, UBS Group AG, Invesco Ltd., Two Sigma Advisers LP, Connor Clark & Lunn Investment Management Ltd., Geode Capital Management LLC, and SG Americas Securities LLC. View insider buying and selling activity for Safe Bulkers. Which major investors are buying Safe Bulkers stock? SB stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., MCF Advisors LLC, BlackRock Inc., Nuveen Asset Management LLC, State Street Corp, JPMorgan Chase & Co., Wells Fargo & Company MN, and Empirical Financial Services LLC d.b.a. Empirical Wealth Management. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Safe Bulkers' stock price today? One share of SB stock can currently be purchased for approximately $1.01. How big of a company is Safe Bulkers? Safe Bulkers has a market capitalization of $105.29 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. What is Safe Bulkers' official website? The official website for Safe Bulkers is 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 6/3/2020 by MarketBeat.com Staff
