SB Stock Overview
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Safe Bulkers, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.93 |
| 52 Week High | US$5.15 |
| 52 Week Low | US$2.97 |
| Beta | 1.0 |
| 1 Month Change | -1.00% |
| 3 Month Change | 19.37% |
| 1 Year Change | 36.94% |
| 3 Year Change | 54.06% |
| 5 Year Change | 167.93% |
| Change since IPO | -73.92% |
Recent News & Updates
Safe 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 21
Recent updates
Safe 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 21Returns At Safe Bulkers (NYSE:SB) Are On The Way Up
May 24Safe Bulkers: A Safer Voyage To Growth And Sustainability
Apr 06Safe Bulkers Stock: Why Q4 2021 Results Make It Even Safer
Mar 12Safe Bulkers: 3 Reasons Why It's Cheap
Jan 26Safe Bulkers (NYSE:SB) Might Have The Makings Of A Multi-Bagger
Dec 08Playing It Safe With Safe Bulkers
Nov 16Is Safe Bulkers (NYSE:SB) A Risky Investment?
Nov 08Shareholder Returns
| SB | US Shipping | US Market | |
|---|---|---|---|
| 7D | 4.7% | 4.2% | 1.2% |
| 1Y | 36.9% | 33.7% | 24.7% |
Return vs Industry: SB exceeded the US Shipping industry which returned 33.7% over the past year.
Return vs Market: SB exceeded the US Market which returned 24.7% over the past year.
Price Volatility
| SB volatility | |
|---|---|
| SB Average Weekly Movement | 3.8% |
| Shipping Industry Average Movement | 4.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SB has not had significant price volatility in the past 3 months.
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$560.32m |
| Earnings (TTM) | US$69.35m |
| Revenue (TTM) | US$284.40m |
7.9x
P/E Ratio1.9x
P/S RatioIs SB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SB income statement (TTM) | |
|---|---|
| Revenue | US$284.40m |
| Cost of Revenue | US$110.26m |
| Gross Profit | US$174.14m |
| Other Expenses | US$104.79m |
| Earnings | US$69.35m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.62 |
| Gross Margin | 61.23% |
| Net Profit Margin | 24.38% |
| Debt/Equity Ratio | 64.0% |
How did SB perform over the long term?
See historical performance and comparison