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NYSE:SBSafe Bulkers Stock Price, Forecast & News

$1.27
+0.08 (+6.72 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$1.19
Now: $1.27
$1.28
50-Day Range
$0.93
MA: $1.17
$1.40
52-Week Range
$0.74
Now: $1.27
$2.38
Volume137,800 shs
Average Volume159,790 shs
Market Capitalization$129.69 million
P/E RatioN/A
Dividend YieldN/A
Beta0.98
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.
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Beat the Market (BTM) Rank

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

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone011-30-21-1188-8400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.76 million
Cash Flow$0.71 per share
Book Value$4.53 per share

Profitability

Net Income$16.04 million

Miscellaneous

Employees7
Market Cap$129.69 million
Next Earnings Date9/1/2020 (Estimated)
OptionableOptionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SB stock has increased by 8.5% and is now trading at $1.27. 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 Tuesday, September 1st 2020. View our earnings forecast for Safe Bulkers.

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc. (NYSE:SB) announced its quarterly earnings results on Monday, June, 8th. The shipping company reported ($0.13) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.10) by $0.03. The shipping company earned $32.51 million during the quarter, compared to analysts' expectations of $33.95 million. 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?

1 brokers have issued 1-year price objectives for Safe Bulkers' shares. Their forecasts range from $0.40 to $0.40. On average, they expect Safe Bulkers' stock price to reach $0.40 in the next twelve months. This suggests that the stock has a possible downside of 68.5%. View analysts' price targets for Safe Bulkers.

Has Safe Bulkers been receiving favorable news coverage?

Media coverage about SB stock has been trending neutral recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Safe Bulkers earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the near future. View the latest news about Safe Bulkers.

Are investors shorting Safe Bulkers?

Safe Bulkers saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 393,100 shares, a decline of 53.4% from the June 15th total of 843,400 shares. Based on an average daily trading volume, of 264,600 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.8% of the company's stock are short sold. 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 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 $1.27.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $129.69 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 7/11/2020 by MarketBeat.com Staff

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