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DOW   30,930.52
QQQ   316.41
S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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NYSE:SB

Safe Bulkers Stock Forecast, Price & News

$1.85
+0.03 (+1.65 %)
(As of 01/19/2021 12:00 AM ET)
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Today's Range
$1.80
Now: $1.85
$1.89
50-Day Range
$1.12
MA: $1.30
$1.92
52-Week Range
$0.74
Now: $1.85
$1.99
Volume345,031 shs
Average Volume619,064 shs
Market Capitalization$188.93 million
P/E RatioN/A
Dividend YieldN/A
Beta0.95
Safe Bulkers, Inc. provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 13, 2020, the company had a fleet of 41 drybulk vessels having an average age of 9.5 years; and an aggregate carrying capacity of 3,777,000 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.
Safe Bulkers logo

MarketRank

Overall MarketRank

0.94 out of 5 stars

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone011-30-21-1188-8400
Employees7

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.76 million
Cash Flow$0.70 per share
Book Value$4.53 per share

Profitability

Net Income$16.04 million

Miscellaneous

Market Cap$188.93 million
Next Earnings Date2/24/2021 (Estimated)
OptionableOptionable
$1.85
+0.03 (+1.65 %)
(As of 01/19/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SB shares have increased by 58.1% and is now trading at $1.85.
View which stocks have been most impacted by COVID-19
.

Is Safe Bulkers a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Safe Bulkers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SB, but not buy additional shares or sell existing shares.
View analyst ratings for Safe Bulkers
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Safe Bulkers?

Wall Street analysts have given Safe Bulkers a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Safe Bulkers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Safe Bulkers' next earnings date?

Safe Bulkers is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Safe Bulkers
.

How were Safe Bulkers' earnings last quarter?

Safe Bulkers, Inc. (NYSE:SB) issued its quarterly earnings results on Tuesday, August, 4th. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.12) by $0.04. The shipping company earned $29.70 million during the quarter, compared to the consensus estimate of $34.47 million. Safe Bulkers had a negative return on equity of 3.64% and a negative net margin of 8.52%.
View Safe Bulkers' earnings history
.

What price target have analysts set for SB?

4 analysts 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 $1.23 in the next year. This suggests that the stock has a possible downside of 33.8%.
View analysts' price targets for Safe Bulkers
or view Wall Street analyst' top-rated stocks.

Who are some of Safe Bulkers' key 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), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), Triton International (TRTN), Costamare (CMRE), Freeport-McMoRan (FCX), GasLog (GLOG) and Star Bulk Carriers (SBLK).

Who are Safe Bulkers' key executives?

Safe Bulkers' management team includes the following people:
  • Mr. Polys Hajioannou, Chairman & CEO (Age 54)
  • Dr. Loukas Barmparis, Pres, Sec. & Director (Age 58)
  • Mr. Konstantinos Adamopoulos, CFO & Director (Age 58)
  • Mr. Ioannis Foteinos, COO & Director (Age 62)

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 WeBull, 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 $1.85.

How big of a company is Safe Bulkers?

Safe Bulkers has a market capitalization of $188.93 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 1/19/2021 by MarketBeat.com Staff

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