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Safe Bulkers NYSE:SB Stock Report

Last Price

US$5.02

Market Cap

US$537.1m

7D

5.5%

1Y

49.9%

Updated

13 Aug, 2024

Data

Company Financials +

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$5.02
52 Week HighUS$6.33
52 Week LowUS$2.97
Beta0.91
11 Month Change-10.68%
3 Month Change-7.89%
1 Year Change49.85%
33 Year Change47.21%
5 Year Change167.02%
Change since IPO-73.44%

Recent News & Updates

Safe Bulkers (NYSE:SB) Will Pay A Dividend Of $0.05

Aug 02
Safe Bulkers (NYSE:SB) Will Pay A Dividend Of $0.05

At US$5.13, Is It Time To Put Safe Bulkers, Inc. (NYSE:SB) On Your Watch List?

Jul 31
At US$5.13, Is It Time To Put Safe Bulkers, Inc. (NYSE:SB) On Your Watch List?

Recent updates

Safe Bulkers (NYSE:SB) Will Pay A Dividend Of $0.05

Aug 02
Safe Bulkers (NYSE:SB) Will Pay A Dividend Of $0.05

At US$5.13, Is It Time To Put Safe Bulkers, Inc. (NYSE:SB) On Your Watch List?

Jul 31
At US$5.13, Is It Time To Put Safe Bulkers, Inc. (NYSE:SB) On Your Watch List?

Safe Bulkers: Better Margins At A Cheaper Price

May 31

Safe Bulkers: Bet On Mid-Size Bulk Carriers With The Best In Class

Apr 10

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

Shareholder Returns

SBUS ShippingUS Market
7D5.5%2.5%3.6%
1Y49.9%34.8%20.3%

Return vs Industry: SB exceeded the US Shipping industry which returned 31.9% over the past year.

Return vs Market: SB exceeded the US Market which returned 16.9% over the past year.

Price Volatility

Is SB's price volatile compared to industry and market?
SB volatility
SB Average Weekly Movement5.1%
Shipping Industry Average Movement5.0%
Market Average Movement6.2%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: SB's share price has been volatile over the past 3 months.

Volatility Over Time: SB's weekly volatility (5%) 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 fundamental statistics
Market capUS$537.06m
Earnings (TTM)US$87.55m
Revenue (TTM)US$307.16m

6.1x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SB income statement (TTM)
RevenueUS$307.16m
Cost of RevenueUS$110.41m
Gross ProfitUS$196.75m
Other ExpensesUS$109.20m
EarningsUS$87.55m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.82
Gross Margin64.05%
Net Profit Margin28.50%
Debt/Equity Ratio60.8%

How did SB perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

25%

Payout Ratio

Does SB pay a reliable dividends?

See SB dividend history and benchmarks
When do you need to buy SB by to receive an upcoming dividend?
Safe Bulkers dividend dates
Ex Dividend DateAug 21 2024
Dividend Pay DateSep 05 2024
Days until Ex dividend6 days
Days until Dividend pay date21 days

Does SB pay a reliable dividends?

See SB dividend history and benchmarks
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