Safe Bulkers Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Safe Bulkers stock.
View analyst ratings for Safe Bulkers or view top-rated stocks.

Wall Street analysts have given Safe Bulkers a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Safe Bulkers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Safe Bulkers is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.
View our earnings forecast for Safe Bulkers.

Safe Bulkers, Inc. (NYSE:SB) released its quarterly earnings results on Tuesday, July, 27th. The shipping company reported $0.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.06. The shipping company had revenue of $78.15 million for the quarter, compared to the consensus estimate of $70.27 million. Safe Bulkers had a net margin of 26.06% and a trailing twelve-month return on equity of 13.41%.
View Safe Bulkers' earnings history.

Safe Bulkers' stock was trading at $1.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SB shares have increased by 264.1% and is now trading at $4.26.
View which stocks have been most impacted by COVID-19.

3 brokers have issued twelve-month price objectives for Safe Bulkers' stock. Their forecasts range from $3.00 to $6.50. On average, they anticipate Safe Bulkers' share price to reach $4.33 in the next year. This suggests a possible upside of 1.7% from the stock's current price.
View analysts' price targets for Safe Bulkers or view top-rated stocks among Wall Street analysts.

Some companies that are related to Safe Bulkers include Costamare (CMRE), Euronav (EURN), Danaos (DAC), Frontline (FRO), SFL (SFL), DHT (DHT), Scorpio Tankers (STNG), Global Ship Lease (GSL), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), TORM (TRMD), Navios Maritime Partners (NMM), Diana Shipping (DSX), Dorian LPG (LPG) and Navigator (NVGS).
View all of SB's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Diana Shipping (DSX), Capital Product Partners (CPLP), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), Triton International (TRTN), Costamare (CMRE), Freeport-McMoRan (FCX), GasLog (GLOG) and Star Bulk Carriers (SBLK).

Safe Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SB."

Safe Bulkers' stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.60%), BlackRock Inc. (2.39%), Millennium Management LLC (1.99%), Marshall Wace North America L.P. (1.31%), SG Americas Securities LLC (1.26%) and Goldman Sachs Group Inc. (1.00%).
View institutional ownership trends for Safe Bulkers.

SB stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Nuveen Asset Management LLC, FMR LLC, Ruffer LLP, Manatuck Hill Partners LLC, Squarepoint Ops LLC, State Street Corp, and JPMorgan Chase & Co..
View insider buying and selling activity for Safe Bulkers or view top insider-selling stocks.

SB stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Marshall Wace North America L.P., SG Americas Securities LLC, Marshall Wace LLP, Marshall Wace LLP, Goldman Sachs Group Inc., Morgan Stanley, and Morgan Stanley.
View insider buying and selling activity for Safe Bulkers or or view top insider-buying stocks.

Shares of SB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SB stock can currently be purchased for approximately $4.26.

Safe Bulkers has a market capitalization of $509.02 million and generates $198.16 million in revenue each year. The shipping company earns $-12,900,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis.

Safe Bulkers employs 953 workers across the globe.

The official website for Safe Bulkers is www.safebulkers.com.

Safe Bulkers is headquartered at APT. D11 LES ACANTHES 6 AVENUE DES CITRONNIERS, MONACO O9, MC98000.

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 302108957070 or via email at [email protected].