Safe Bulkers Future Growth
Future criteria checks 4/6
Safe Bulkers is forecast to grow earnings and revenue by 25.4% and 9.3% per annum respectively. EPS is expected to grow by 26.1% per annum. Return on equity is forecast to be 16% in 3 years.
Key information
25.4%
Earnings growth rate
26.1%
EPS growth rate
| Shipping earnings growth | 19.2% |
| Revenue growth rate | 9.3% |
| Future return on equity | 16.0% |
| Analyst coverage | Low |
| Last updated | 27 Feb 2024 |
Recent future growth updates
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 21
Safe 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 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 362 | 149 | 158 | 219 | 1 |
| 12/31/2025 | 347 | 55 | 71 | 129 | 2 |
| 12/31/2024 | 274 | 73 | 101 | 144 | 1 |
| 12/31/2023 | 284 | 69 | -87 | 122 | N/A |
| 9/30/2023 | 289 | 77 | -44 | 139 | N/A |
| 6/30/2023 | 318 | 113 | -29 | 155 | N/A |
| 3/31/2023 | 339 | 147 | 7 | 190 | N/A |
| 12/31/2022 | 350 | 164 | 35 | 218 | N/A |
| 9/30/2022 | 356 | 193 | 116 | 225 | N/A |
| 6/30/2022 | 354 | 197 | 147 | 256 | N/A |
| 3/31/2022 | 344 | 178 | 130 | 239 | N/A |
| 12/31/2021 | 329 | 164 | 108 | 217 | N/A |
| 9/30/2021 | 289 | 105 | 87 | 183 | N/A |
| 6/30/2021 | 248 | 53 | 75 | 129 | N/A |
| 3/31/2021 | 215 | 6 | 49 | 100 | N/A |
| 12/31/2020 | 198 | -25 | 13 | 63 | N/A |
| 9/30/2020 | 199 | -29 | -26 | 53 | N/A |
| 6/30/2020 | 198 | -27 | -7 | 55 | N/A |
| 3/31/2020 | 195 | -11 | 12 | 51 | N/A |
| 12/31/2019 | 198 | 4 | 19 | 58 | N/A |
| 9/30/2019 | 197 | 10 | 21 | 67 | N/A |
| 6/30/2019 | 196 | 13 | 10 | 66 | N/A |
| 3/31/2019 | 198 | 16 | 29 | 75 | N/A |
| 12/31/2018 | 193 | 16 | 40 | 85 | N/A |
| 9/30/2018 | 183 | -80 | 14 | 74 | N/A |
| 6/30/2018 | 170 | -81 | 7 | 67 | N/A |
| 3/31/2018 | 158 | -89 | 0 | 60 | N/A |
| 12/31/2017 | 148 | -99 | -10 | 50 | N/A |
| 9/30/2017 | 137 | -18 | N/A | 42 | N/A |
| 6/30/2017 | 127 | -50 | N/A | 41 | N/A |
| 3/31/2017 | 118 | -55 | N/A | 25 | N/A |
| 12/31/2016 | 110 | -70 | N/A | 13 | N/A |
| 9/30/2016 | 108 | -95 | N/A | 12 | N/A |
| 6/30/2016 | 114 | -78 | N/A | 16 | N/A |
| 3/31/2016 | 120 | -74 | N/A | N/A | N/A |
| 12/31/2015 | 127 | -62 | N/A | 26 | N/A |
| 9/30/2015 | 136 | -32 | N/A | N/A | N/A |
| 6/30/2015 | 139 | -23 | N/A | N/A | N/A |
| 3/31/2015 | 145 | -15 | N/A | N/A | N/A |
| 12/31/2014 | 154 | 5 | N/A | 44 | N/A |
| 9/30/2014 | 174 | 39 | N/A | N/A | N/A |
| 6/30/2014 | 180 | 52 | N/A | N/A | N/A |
| 3/31/2014 | 184 | 76 | N/A | 84 | N/A |
| 12/31/2013 | 187 | 81 | N/A | 101 | N/A |
| 9/30/2013 | 174 | 83 | N/A | 99 | N/A |
| 6/30/2013 | 179 | 93 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SB's forecast earnings growth (25.4% per year) is above the savings rate (2.3%).
Earnings vs Market: SB's earnings (25.4% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: SB's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SB's revenue (9.3% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: SB's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SB's Return on Equity is forecast to be low in 3 years time (16%).