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Safe Bulkers NYSE:SB.PRC Stock Report

Last Price

US$25.50

Market Cap

US$532.4m

7D

-0.7%

1Y

1.0%

Updated

18 Apr, 2024

Data

Company Financials +

SB.PRC Stock Overview

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services.

SB.PRC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends2/6

Safe Bulkers, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Safe Bulkers
Historical stock prices
Current Share PriceUS$25.50
52 Week HighUS$26.39
52 Week LowUS$24.26
Beta1.0
1 Month Change-1.89%
3 Month Change1.03%
1 Year Change0.99%
3 Year Change2.27%
5 Year Change17.08%
Change since IPO1.80%

Recent News & Updates

Recent updates

Shareholder Returns

SB.PRCUS ShippingUS Market
7D-0.7%-3.4%-3.7%
1Y1.0%19.7%20.2%

Return vs Industry: SB.PRC underperformed the US Shipping industry which returned 20.1% over the past year.

Return vs Market: SB.PRC underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is SB.PRC's price volatile compared to industry and market?
SB.PRC volatility
SB.PRC Average Weekly Movement1.7%
Shipping Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: SB.PRC has not had significant price volatility in the past 3 months.

Volatility Over Time: SB.PRC's weekly volatility (2%) 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?
SB.PRC fundamental statistics
Market capUS$532.41m
Earnings (TTM)US$69.35m
Revenue (TTM)US$284.40m

7.7x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SB.PRC income statement (TTM)
RevenueUS$284.40m
Cost of RevenueUS$110.26m
Gross ProfitUS$174.14m
Other ExpensesUS$104.79m
EarningsUS$69.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.62
Gross Margin61.23%
Net Profit Margin24.38%
Debt/Equity Ratio64.0%

How did SB.PRC perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

33%

Payout Ratio
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