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Safe Bulkers NYSE:SB Stock Report

Last Price

US$4.71

Market Cap

US$517.9m

7D

4.0%

1Y

24.9%

Updated

01 Mar, 2024

Data

Company Financials +

SB Stock Overview

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

SB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends3/6

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$4.71
52 Week HighUS$4.75
52 Week LowUS$2.97
Beta0.99
1 Month Change16.58%
3 Month Change18.34%
1 Year Change24.93%
3 Year Change71.27%
5 Year Change248.89%
Change since IPO-75.08%

Recent News & Updates

Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05

Feb 21
Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05

Recent updates

Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05

Feb 21
Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05

Safe Bulkers: My Favorite Bulker Stock To Play The Shipping Cycle

Jan 08

Safe Bulkers: The Resurgence Of Repurchases Poised To Propel Stock Re-Rating

Dec 27

Safe Bulkers, Inc. (NYSE:SB) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Dec 02
Safe Bulkers, Inc. (NYSE:SB) Surges 27% Yet Its Low P/E Is No Reason For Excitement

What Does Safe Bulkers, Inc.'s (NYSE:SB) Share Price Indicate?

Nov 17
What Does Safe Bulkers, Inc.'s (NYSE:SB) Share Price Indicate?

Safe Bulkers: A Dry Bulk Shipping Value Opportunity

Oct 12

Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05

Aug 01
Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05

Analysts Just Slashed Their Safe Bulkers, Inc. (NYSE:SB) EPS Numbers

Jul 28
Analysts Just Slashed Their Safe Bulkers, Inc. (NYSE:SB) EPS Numbers

Safe Bulkers: A Decent Value In The Dry Bulk Space - Buy

Jun 25

Safe Bulkers (NYSE:SB) Is Paying Out A Dividend Of $0.05

May 23
Safe Bulkers (NYSE:SB) Is Paying Out A Dividend Of $0.05

Safe Bulkers to acquire one Japanese Kamsarmax class dry-bulk vessel

Feb 21

Safe Bulkers Non-GAAP EPS of $0.29 beats by $0.05, revenue of $86.7M beats by $15.4M

Feb 14

Safe Bulkers: Limited Supply Makes Choppy Demand Easy Sailing

Jan 24

Safe Bulkers: Significantly Discounted Dry Bulk Play

Jan 14

Safe Bulkers, Inc. (NYSE:SB) Analysts Just Trimmed Their Revenue Forecasts By 13%

Nov 18
Safe Bulkers, Inc. (NYSE:SB) Analysts Just Trimmed Their Revenue Forecasts By 13%

Safe Bulkers Non-GAAP EPS of $0.39, revenue of $93.7M

Nov 09

Here's Why Safe Bulkers (NYSE:SB) Can Manage Its Debt Responsibly

Oct 19
Here's Why Safe Bulkers (NYSE:SB) Can Manage Its Debt Responsibly

Safe Bulkers to sell MV Pedhoulas Trader for $15.84M

Sep 26

There's Been No Shortage Of Growth Recently For Safe Bulkers' (NYSE:SB) Returns On Capital

Sep 20
There's Been No Shortage Of Growth Recently For Safe Bulkers' (NYSE:SB) Returns On Capital

Here's Why Safe Bulkers (NYSE:SB) Has Caught The Eye Of Investors

Aug 31
Here's Why Safe Bulkers (NYSE:SB) Has Caught The Eye Of Investors

Safe Bulkers: A Value Shipper With A Big Dividend

Aug 21

Returns At Safe Bulkers (NYSE:SB) Are On The Way Up

May 24
Returns At Safe Bulkers (NYSE:SB) Are On The Way Up

Safe Bulkers: A Safer Voyage To Growth And Sustainability

Apr 06

Safe Bulkers Stock: Why Q4 2021 Results Make It Even Safer

Mar 12

Safe Bulkers: 3 Reasons Why It's Cheap

Jan 26

Safe Bulkers (NYSE:SB) Might Have The Makings Of A Multi-Bagger

Dec 08
Safe Bulkers (NYSE:SB) Might Have The Makings Of A Multi-Bagger

Playing It Safe With Safe Bulkers

Nov 16

Is Safe Bulkers (NYSE:SB) A Risky Investment?

Nov 08
Is Safe Bulkers (NYSE:SB) A Risky Investment?

Safe Bulkers Is A Good Bet Regardless Of Your Risk Appetite

Sep 10

Shareholder Returns

SBUS ShippingUS Market
7D4.0%1.4%0.4%
1Y24.9%9.5%24.9%

Return vs Industry: SB exceeded the US Shipping industry which returned 9.5% over the past year.

Return vs Market: SB matched the US Market which returned 24.9% over the past year.

Price Volatility

Is SB's price volatile compared to industry and market?
SB volatility
SB Average Weekly Movement4.1%
Shipping Industry Average Movement5.7%
Market Average Movement6.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
20079Polys Hajioannouhttps://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 46 drybulk vessels having an aggregate carrying capacity of 4.6 million deadweight tons.

Safe Bulkers, Inc. Fundamentals Summary

How do Safe Bulkers's earnings and revenue compare to its market cap?
SB fundamental statistics
Market capUS$517.90m
Earnings (TTM)US$69.35m
Revenue (TTM)US$284.40m

7.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SB income statement (TTM)
RevenueUS$284.40m
Cost of RevenueUS$110.87m
Gross ProfitUS$173.53m
Other ExpensesUS$104.18m
EarningsUS$69.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.62
Gross Margin61.02%
Net Profit Margin24.38%
Debt/Equity Ratio64.0%

How did SB perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

33%

Payout Ratio
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