SB Stock Overview
Provides marine drybulk transportation services. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Safe Bulkers, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.58 |
| 52 Week High | US$6.33 |
| 52 Week Low | US$3.52 |
| Beta | 0.91 |
| 1 Month Change | -19.19% |
| 3 Month Change | -27.53% |
| 1 Year Change | -7.97% |
| 3 Year Change | -2.98% |
| 5 Year Change | 104.57% |
| Change since IPO | -81.06% |
Recent News & Updates
Recent updates
Safe Bulkers' (NYSE:SB) Earnings Are Weaker Than They Seem
Nov 20
Safe Bulkers: Idea For Income-Oriented Investors That Seek Upside Potential
Oct 18Investors Continue Waiting On Sidelines For Safe Bulkers, Inc. (NYSE:SB)
Oct 15Safe Bulkers: The PullBack Might Not Be Over
Aug 17Safe Bulkers (NYSE:SB) Will Pay A Dividend Of $0.05
Aug 02At US$5.13, Is It Time To Put Safe Bulkers, Inc. (NYSE:SB) On Your Watch List?
Jul 31Safe Bulkers: Better Margins At A Cheaper Price
May 31Safe Bulkers: Bet On Mid-Size Bulk Carriers With The Best In Class
Apr 10Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05
Feb 21Safe Bulkers: My Favorite Bulker Stock To Play The Shipping Cycle
Jan 08Safe Bulkers: The Resurgence Of Repurchases Poised To Propel Stock Re-Rating
Dec 27Safe Bulkers, Inc. (NYSE:SB) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Dec 02What Does Safe Bulkers, Inc.'s (NYSE:SB) Share Price Indicate?
Nov 17Safe Bulkers: A Dry Bulk Shipping Value Opportunity
Oct 12Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05
Aug 01Analysts Just Slashed Their Safe Bulkers, Inc. (NYSE:SB) EPS Numbers
Jul 28Safe Bulkers: A Decent Value In The Dry Bulk Space - Buy
Jun 25Safe Bulkers (NYSE:SB) Is Paying Out A Dividend Of $0.05
May 23Safe Bulkers to acquire one Japanese Kamsarmax class dry-bulk vessel
Feb 21Safe Bulkers Non-GAAP EPS of $0.29 beats by $0.05, revenue of $86.7M beats by $15.4M
Feb 14Safe Bulkers: Limited Supply Makes Choppy Demand Easy Sailing
Jan 24Safe Bulkers: Significantly Discounted Dry Bulk Play
Jan 14Safe Bulkers, Inc. (NYSE:SB) Analysts Just Trimmed Their Revenue Forecasts By 13%
Nov 18Safe Bulkers Non-GAAP EPS of $0.39, revenue of $93.7M
Nov 09Here's Why Safe Bulkers (NYSE:SB) Can Manage Its Debt Responsibly
Oct 19Safe Bulkers to sell MV Pedhoulas Trader for $15.84M
Sep 26There's Been No Shortage Of Growth Recently For Safe Bulkers' (NYSE:SB) Returns On Capital
Sep 20Here's Why Safe Bulkers (NYSE:SB) Has Caught The Eye Of Investors
Aug 31Safe Bulkers: A Value Shipper With A Big Dividend
Aug 21Shareholder Returns
| SB | US Shipping | US Market | |
|---|---|---|---|
| 7D | -7.5% | -5.6% | 0.1% |
| 1Y | -8.0% | 19.1% | 26.1% |
Return vs Industry: SB underperformed the US Shipping industry which returned 19.1% over the past year.
Return vs Market: SB underperformed the US Market which returned 26.1% over the past year.
Price Volatility
| SB volatility | |
|---|---|
| SB Average Weekly Movement | 4.5% |
| Shipping Industry Average Movement | 5.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SB's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 9 | Polys Hajioannou | www.safebulkers.com |
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 47 drybulk vessels having an aggregate carrying capacity of 4,719,600 deadweight tons.
Safe Bulkers, Inc. Fundamentals Summary
| SB fundamental statistics | |
|---|---|
| Market cap | US$381.20m |
| Earnings (TTM) | US$97.63m |
| Revenue (TTM) | US$318.43m |
3.9x
P/E Ratio1.2x
P/S RatioIs SB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SB income statement (TTM) | |
|---|---|
| Revenue | US$318.43m |
| Cost of Revenue | US$110.25m |
| Gross Profit | US$208.18m |
| Other Expenses | US$110.55m |
| Earnings | US$97.63m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.91 |
| Gross Margin | 65.38% |
| Net Profit Margin | 30.66% |
| Debt/Equity Ratio | 59.3% |
How did SB perform over the long term?
See historical performance and comparisonDividends
5.6%
Current Dividend Yield22%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:49 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Safe Bulkers, Inc. is covered by 18 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Hoexter | BofA Global Research |
| Noah Parquette | Canaccord Genuity |
| Natasha Boyden | Cantor Fitzgerald & Co. |