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

$1.83
+0.10 (+5.78 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$1.76
Now: $1.83
$1.85
50-Day Range
$1.56
MA: $1.92
$2.33
52-Week Range
$1.28
Now: $1.83
$3.18
Volume194,700 shs
Average Volume429,460 shs
Market Capitalization$185.32 million
P/E Ratio9.94
Dividend YieldN/A
Beta1.75
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. Read More…

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$0.8356 per share
Book Value$4.59 per share

Profitability

Net Income$27.68 million

Miscellaneous

Employees7
Market Cap$185.32 million
Next Earnings Date8/21/2019 (Estimated)
OptionableOptionable

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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) released its quarterly earnings data on Tuesday, May, 28th. The shipping company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The shipping company earned $48.29 million during the quarter, compared to the consensus estimate of $44.69 million. Safe Bulkers had a net margin of 13.56% and a return on equity of 6.18%. View Safe Bulkers' Earnings History.

When is Safe Bulkers' next earnings date?

Safe Bulkers is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for Safe Bulkers.

What price target have analysts set for SB?

3 analysts have issued 1 year price targets for Safe Bulkers' shares. Their predictions range from $3.50 to $4.50. On average, they expect Safe Bulkers' share price to reach $4.00 in the next year. This suggests a possible upside of 118.6% from the stock's current price. View Analyst Price Targets for Safe Bulkers.

What is the consensus analysts' recommendation for Safe Bulkers?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Safe Bulkers.

Has Safe Bulkers been receiving favorable news coverage?

News headlines about SB stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Safe Bulkers earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Safe Bulkers.

Are investors shorting Safe Bulkers?

Safe Bulkers saw a decrease in short interest in July. As of July 31st, there was short interest totalling 720,800 shares, a decrease of 10.0% from the June 30th total of 801,000 shares. Based on an average trading volume of 335,200 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.3% of the shares of the company are sold short. View Safe Bulkers' Current Options Chain.

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)

Who are Safe Bulkers' major shareholders?

Safe Bulkers' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.55%), BlackRock Inc. (2.53%), D. E. Shaw & Co. Inc. (0.66%), Northern Trust Corp (0.45%), Ruffer LLP (0.44%) and JPMorgan Chase & Co. (0.34%). Company insiders that own Safe Bulkers stock include Robert Kim Tyler and Robert Morrison. 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 Invesco Ltd., Marshall Wace LLP, Morgan Stanley and JPMorgan Chase & Co.. View Insider Buying and Selling 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 Ruffer LLP, Renaissance Technologies LLC, Parametric Portfolio Associates LLC, Marshall Wace North America L.P., Northern Trust Corp, D. E. Shaw & Co. Inc., Susquehanna International Group LLP and Charles Schwab Investment Management Inc.. 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 $1.83.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $185.32 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.

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:  316 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  694
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 8/17/2019 by MarketBeat.com Staff

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