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SBL logo

Safe Bulkers DB:SBL Stock Report

Last Price

€3.40

Market Cap

€367.4m

7D

4.9%

1Y

-6.2%

Updated

30 Jan, 2025

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Safe Bulkers, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Safe Bulkers
Historical stock prices
Current Share PriceUS$3.40
52 Week HighUS$5.65
52 Week LowUS$3.16
Beta0.93
1 Month Change1.19%
3 Month Change-5.56%
1 Year Change-6.18%
3 Year Change10.39%
5 Year Change185.71%
Change since IPO-71.69%

Recent News & Updates

Recent updates

Shareholder Returns

SBLDE ShippingDE Market
7D4.9%1.2%1.9%
1Y-6.2%-17.6%14.1%

Return vs Industry: SBL exceeded the German Shipping industry which returned -17.6% over the past year.

Return vs Market: SBL underperformed the German Market which returned 14.1% over the past year.

Price Volatility

Is SBL's price volatile compared to industry and market?
SBL volatility
SBL Average Weekly Movement5.6%
Shipping Industry Average Movement5.4%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.0%
10% least volatile stocks in DE Market2.5%

Stable Share Price: SBL has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: SBL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20079Polys Hajioannouwww.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

How do Safe Bulkers's earnings and revenue compare to its market cap?
SBL fundamental statistics
Market cap€367.36m
Earnings (TTM)€93.82m
Revenue (TTM)€306.01m

3.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBL income statement (TTM)
RevenueUS$318.43m
Cost of RevenueUS$110.25m
Gross ProfitUS$208.18m
Other ExpensesUS$110.55m
EarningsUS$97.63m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.91
Gross Margin65.38%
Net Profit Margin30.66%
Debt/Equity Ratio59.3%

How did SBL perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

22%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 00:10
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 15 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenneth HoexterBofA Global Research
Noah ParquetteCanaccord Genuity
Natasha BoydenCantor Fitzgerald & Co.