Safe Bulkers Inc (SB)

NYSE
Currency in USD
3.800
+0.050(+1.33%)
Closed
After Hours
3.799-0.001(-0.026%)
SB Scorecard
Full Analysis
Operates with a significant debt burden
High dividend Yield
Fair Value
Day's Range
3.7303.800
52 wk Range
3.3106.330
Key Statistics
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Prev. Close
3.75
Open
3.78
Day's Range
3.73-3.8
52 wk Range
3.31-6.33
Volume
517.39K
Average Vol. (3m)
681.03K
1-Year Change
-23.39%
Book Value / Share
7.79
Fair Value
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Fair Value Upside
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SB Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
5.100
Upside
+34.21%
Members' Sentiments
Bearish
Bullish
ProTips
Management has been aggressively buying back shares
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Safe Bulkers Inc Company Profile

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates a dry bulk vessels; and transporting bulk cargoes, primarily coal, grain, and iron ore. The company has a fleet of 46 drybulk vessels having an aggregate carrying capacity of 4,641,600 deadweight tons. Its fleet consists of 8 Panamax class vessels, 13 Kamsarmax class vessels, 17 Post-Panamax class vessels and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

Safe Bulkers Inc Earnings Call Summary for Q4/2024

  • Q4 2024 EPS of $0.15 missed forecast, but revenue of $71.5M exceeded expectations; stock rose 1.48% after hours
  • Adjusted EBITDA fell to $40.7M from $50.7M YoY; net income decreased to $19.4M from $27.6M; $0.05 dividend declared
  • Strong liquidity of $276M and 35% leverage ratio; focus on fleet decarbonization and expansion despite softer market outlook
  • Global dry bulk demand expected to fall 1% in 2025; recent 15-25% reduction in asset values noted, but stabilization anticipated
  • Company maintains "GOOD" Financial Health Score, well-positioned to navigate challenges while pursuing strategic initiatives
Last Updated: 02/19/2025, 09:39 AM
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Compare SB to Peers and Sector

Metrics to compare
SB
Peers
Sector
Relationship
P/E Ratio
4.5x4.1x11.7x
PEG Ratio
0.120.070.03
Price / Book
0.5x0.7x1.4x
Price / LTM Sales
1.3x0.7x1.1x
Upside (Analyst Target)
34.2%88.1%26.0%
Fair Value Upside
Unlock30.0%9.0%Unlock

Analyst Ratings

2 Buy
0 Hold
0 Sell
Ratings:
2 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 5.100
(+34.21% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.831
Dividend Yield
5.26%
Industry Median 4.60%
Annualized Payout
0.20
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Feb 18, 2025
EPS / Forecast
0.15 / 0.16
Revenue / Forecast
71.50M / 70.95M
EPS Revisions
Last 90 days

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FAQ

What Is the Safe Bulkers (SB) Stock Price Today?

The Safe Bulkers stock price today is 3.80

What Stock Exchange Does Safe Bulkers Trade On?

Safe Bulkers is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Safe Bulkers?

The stock symbol for Safe Bulkers is "SB."

Does Safe Bulkers Pay Dividends? What’s The Current Dividend Yield?

The Safe Bulkers dividend yield is 5.26%.

What Is the Safe Bulkers Market Cap?

As of today, Safe Bulkers market cap is 398.41M.

What is Safe Bulkers Earnings Per Share?

The Safe Bulkers EPS is 0.831.

What Is the Next Safe Bulkers Earnings Date?

Safe Bulkers will release its next earnings report on May 06, 2025.

From a Technical Analysis Perspective, Is SB a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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