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 $1.24 -0.10 (-7.46 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$1.22Now: $1.24▼$1.2950-Day Range$1.15MA: $1.24▼$1.3652-Week Range$0.74Now: $1.24▼$2.24Volume156,589 shsAverage Volume269,689 shsMarket Capitalization$126.63 millionP/E RatioN/ADividend YieldN/ABeta1 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™ 1.0 Analyst's Opinion Consensus RatingSafe Bulkers has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $0.95, Safe Bulkers has a potential downside of 23.4% from its current price of $1.24.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 359 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSafe Bulkers has received 431 “underperform” votes. (Add your “underperform” vote.)Community SentimentSafe Bulkers has received 54.56% “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 14.05% 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 ($0.23) to $0.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Safe Bulkers is -12.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Safe Bulkers is -12.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSafe Bulkers has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.91 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 Ratio1.16 Current Ratio1.30 Quick Ratio1.30Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$197.76 million Price / Sales0.64 Cash Flow$0.63 per share Price / Cash Flow1.97 Book Value$4.53 per share Price / Book0.27Profitability EPS (Most Recent Fiscal Year)$0.05 Net Income$16.04 million Net Margins0.34% Return on Equity0.18% Return on Assets0.08%Miscellaneous Employees7 Outstanding Shares102,122,000Market Cap$126.63 million Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $1.24 -0.10 (-7.46 %) (As of 08/5/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SB stock has increased by 6.0% and is now trading at $1.24. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Safe Bulkers? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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 Thursday, October 22nd 2020. View our earnings forecast for Safe Bulkers. How were Safe Bulkers' earnings last quarter? Safe Bulkers, Inc. (NYSE:SB) issued its quarterly earnings data on Tuesday, August, 4th. The shipping company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.04. Safe Bulkers had a net margin of 0.34% and a return on equity of 0.18%. View Safe Bulkers' earnings history. What price target have analysts set for SB? 2 brokerages have issued 12-month target prices for Safe Bulkers' shares. Their forecasts range from $0.40 to $1.50. On average, they anticipate Safe Bulkers' stock price to reach $0.95 in the next year. This suggests that the stock has a possible downside of 23.4%. View analysts' price targets for Safe Bulkers. Has Safe Bulkers been receiving favorable news coverage? Press coverage about SB stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Safe Bulkers earned a news impact score of -1.4 on InfoTrie's scale. They also gave news headlines 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 near future. View the latest news about 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 totaling 552,900 shares, a decrease of 7.3% from the July 15th total of 596,300 shares. Based on an average trading volume of 228,400 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.1% 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 DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Diana Shipping (DSX), Ardmore Shipping (ASC), Capital Product Partners (CPLP), Danaos (DAC), TOP SHIPS (TOPS) and Grindrod Shipping (GRIN). 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 many different retail and institutional investors. Top institutional shareholders include UBS Group AG (0.08%) and SG Americas Securities LLC (0.07%). View institutional ownership trends for Safe Bulkers. Which institutional investors are selling Safe Bulkers stock? SB stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG. View insider buying and selling activity for Safe Bulkers. Which institutional investors are buying Safe Bulkers stock? SB stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC. 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 $1.24. How big of a company is Safe Bulkers? Safe Bulkers has a market capitalization of $126.63 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. 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 8/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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