Summary
5.15 0.07(1.38%)10/04/2024
Safe Bulkers, Inc (SB)
Safe Bulkers, Inc (SB)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.18 | -0.19 | 7.74 | -12.19 | 3.41 | 65.06 | 197.87 | -53.25 |
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| Trading Data | ||
| Close | 5.15 | |
| Open | 5.14 | |
| High | 5.21 | |
| Low | 5.14 | |
| Volume | 417,677 | |
| Change | 0.06 | |
| Change % | 1.18 | |
| Avg Volume (20 Days) | 414,462 | |
| Volume/Avg Volume (20 Days) Ratio | 1.01 | |
| 52 Week Range | 3.10 - 6.33 | |
| Price vs 52 Week High | -18.64% | |
| Price vs 52 Week Low | 66.13% | |
| Range | 0.19 | |
| Gap Up/Down | 0.01 | |
Fundamentals | ||
| Market Capitalization (Mln) | 553 | |
| EBIDTA | 161,787,008 | |
| PE Ratio | 8.1194 | |
| PEG Ratio | -1.0700 | |
| WallStreet Target Price | 5.80 | |
| Book Value | 7.3860 | |
| Earnings Per Share | 0.6700 | |
| EPS Estimate Current Quarter | 0.2100 | |
| EPS Estimate Next Quarter | 0.1500 | |
| EPS Estimate Current Year | 0.8600 | |
| EPS Estimate Next Year | 0.7400 | |
| Diluted EPS (TTM) | 0.6700 | |
| Revenues | ||
| Profit Marging | 0.2785 | |
| Operating Marging (TTM) | 0.4000 | |
| Return on asset (TTM) | 0.0513 | |
| Return on equity (TTM) | 0.1069 | |
| Revenue TTM | 299,224,992 | |
| Revenue per share TTM | 2.6810 | |
| Quarterly Revenue Growth (YOY) | 0.2220 | |
| Quarterly Earnings Growth (YOY) | 0.4440 | |
| Gross Profit (TTM) | 260,212,000 | |
| Dividends | ||
| Dividend Share | 0.2000 | |
| Dividend Yield | 0.0368 | |
| Valuations | ||
| Trailing PE | 8.1194 | |
| Forward PE | 2.0986 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.6634 | |
| Revenue Enterprise Value | 3.3228 | |
| EBITDA Enterprise Value | 6.0505 | |
| Shares | ||
| Shares Outstanding | 106,764,000 | |
| Shares Float | 57,665,359 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 45.32 | |
| Institutions (%) | 24.61 | |
10/03 16:05 EST - globenewswire.com
Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
MONACO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:
Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
MONACO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:
09/13 09:00 EST - globenewswire.com
Safe Bulkers, Inc. Announces Results of 2024 Annual Meeting of Stockholders
MONACO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company's annual meeting of stockholders held in Monaco today.
Safe Bulkers, Inc. Announces Results of 2024 Annual Meeting of Stockholders
MONACO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company's annual meeting of stockholders held in Monaco today.
08/17 07:22 EST - seekingalpha.com
Safe Bulkers: The PullBack Might Not Be Over
Recent 20% pullback in share price following a 100% bull run since the end of 2023, with mixed Q2 2024 earnings due to weaker commodity markets and reduced backhaul cargoes. Despite a rise in net income and charter rates, my concerns include declining free cash flow, operating margins, and a high dividend yield not necessarily backed up by good financials. Safe Bulkers repurchased over 4.8 million shares in Q1 2024 but has not announced a new buyback program for Q2 2024, raising my concerns about future share price support.
Safe Bulkers: The PullBack Might Not Be Over
Recent 20% pullback in share price following a 100% bull run since the end of 2023, with mixed Q2 2024 earnings due to weaker commodity markets and reduced backhaul cargoes. Despite a rise in net income and charter rates, my concerns include declining free cash flow, operating margins, and a high dividend yield not necessarily backed up by good financials. Safe Bulkers repurchased over 4.8 million shares in Q1 2024 but has not announced a new buyback program for Q2 2024, raising my concerns about future share price support.
07/30 14:37 EST - seekingalpha.com
Safe Bulkers, Inc. (SB) Q2 2024 Earnings Call Transcript
Safe Bulkers, Inc. (NYSE:SB ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Loukas Barmparis - President, Secretary, Director Konstantinos Adamopoulos - CFO & Director Polys Hajioannou - Chairman & CEO Conference Call Participants Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers conference call on the Second Quarter 2024 Financial Results. We have with us Mr.
Safe Bulkers, Inc. (SB) Q2 2024 Earnings Call Transcript
Safe Bulkers, Inc. (NYSE:SB ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Loukas Barmparis - President, Secretary, Director Konstantinos Adamopoulos - CFO & Director Polys Hajioannou - Chairman & CEO Conference Call Participants Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers conference call on the Second Quarter 2024 Financial Results. We have with us Mr.
07/30 10:46 EST - zacks.com
Are Investors Undervaluing Safe Bulkers (SB) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Safe Bulkers (SB) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
07/29 16:05 EST - globenewswire.com
Safe Bulkers, Inc. Reports Second Quarter 2024 Results and Declares Dividend on Common Stock
MONACO, July 29, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six month periods ended June 30, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.
Safe Bulkers, Inc. Reports Second Quarter 2024 Results and Declares Dividend on Common Stock
MONACO, July 29, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six month periods ended June 30, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.
06/04 08:43 EST - finbold.com
Is this Michael Burry's biggest win of 2024?
Despite him keeping a fairly limited portfolio – and dropping its controversial 2023 bet against the semiconductor industry – there has been no shortage of excitement stemming from the various stock market bets of ‘ The Big Short ' investor Michael Burry.
Is this Michael Burry's biggest win of 2024?
Despite him keeping a fairly limited portfolio – and dropping its controversial 2023 bet against the semiconductor industry – there has been no shortage of excitement stemming from the various stock market bets of ‘ The Big Short ' investor Michael Burry.
06/03 16:05 EST - globenewswire.com
Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel
MONACO, June 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel, with a scheduled delivery date within the first quarter of 2027.
Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel
MONACO, June 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel, with a scheduled delivery date within the first quarter of 2027.
05/31 09:00 EST - globenewswire.com
Safe Bulkers, Inc. Announces the Implementation of Integrated Management System in Compliance with DryBMS Standards
MONACO, May 31, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that from June 1st, it is voluntary implementing a new computerized Integrated Management System (‘IMS') in compliance with DryBMS Standards. The new IMS replaces the existing Safety Management System (‘SMS'), is in line with Rightship RISQ3, focusing on Crew Welfare and SSI Code of Conduct, and ensuring the competence and commitment to the highest level of standards of our staff and fleet.
Safe Bulkers, Inc. Announces the Implementation of Integrated Management System in Compliance with DryBMS Standards
MONACO, May 31, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that from June 1st, it is voluntary implementing a new computerized Integrated Management System (‘IMS') in compliance with DryBMS Standards. The new IMS replaces the existing Safety Management System (‘SMS'), is in line with Rightship RISQ3, focusing on Crew Welfare and SSI Code of Conduct, and ensuring the competence and commitment to the highest level of standards of our staff and fleet.
05/31 03:33 EST - seekingalpha.com
Safe Bulkers: Better Margins At A Cheaper Price
Safe Bulkers has significantly outperformed its peers, achieving a total return of 89% since I covered it in early 2023. The demand and supply balance in the dry bulk shipping industry has weakened, but SB remains undervalued compared to its peers. SB's fleet continues to out-margin its competitors, and management's capital allocation strategy is impressive.
Safe Bulkers: Better Margins At A Cheaper Price
Safe Bulkers has significantly outperformed its peers, achieving a total return of 89% since I covered it in early 2023. The demand and supply balance in the dry bulk shipping industry has weakened, but SB remains undervalued compared to its peers. SB's fleet continues to out-margin its competitors, and management's capital allocation strategy is impressive.
05/30 09:00 EST - globenewswire.com
Safe Bulkers, Inc. Announces Availability of 2023 Sustainability Report
MONACO, May 30, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's 2023 Sustainability Report is available for download and can be accessed from its website using the link provided below.
Safe Bulkers, Inc. Announces Availability of 2023 Sustainability Report
MONACO, May 30, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's 2023 Sustainability Report is available for download and can be accessed from its website using the link provided below.
04/30 20:49 EST - seekingalpha.com
Safe Bulkers, Inc. (SB) Q1 2024 Earnings Call Transcript
Safe Bulkers, Inc. (NYSE:SB ) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Loukas Barmparis - President Konstantinos Adamopoulos - Chief Financial Officer Polys Hajioannou - Chairman & Chief Executive Officer Conference Call Participants Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers Conference Call on the First Quarter 2024 Financial Results. We have with us Mr.
Safe Bulkers, Inc. (SB) Q1 2024 Earnings Call Transcript
Safe Bulkers, Inc. (NYSE:SB ) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Loukas Barmparis - President Konstantinos Adamopoulos - Chief Financial Officer Polys Hajioannou - Chairman & Chief Executive Officer Conference Call Participants Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers Conference Call on the First Quarter 2024 Financial Results. We have with us Mr.
04/29 16:05 EST - globenewswire.com
Safe Bulkers, Inc. Reports First Quarter 2024 Results and Declares Dividend on Common Stock
MONACO, April 29, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month periods ended March 31, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.
Safe Bulkers, Inc. Reports First Quarter 2024 Results and Declares Dividend on Common Stock
MONACO, April 29, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month periods ended March 31, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.
04/29 10:46 EST - zacks.com
Is Safe Bulkers (SB) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Safe Bulkers (SB) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
04/26 09:00 EST - globenewswire.com
Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk Vessel
MONACO, April 26, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel, with a scheduled delivery date within the fourth quarter of 2026.
Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk Vessel
MONACO, April 26, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel, with a scheduled delivery date within the fourth quarter of 2026.
04/24 16:05 EST - globenewswire.com
Safe Bulkers, Inc. Sets Date for the First Quarter 2024 Results, Conference Call, and Webcast
Earnings Release: Monday, April 29, 2024, After Market Closes Conference Call and Webcast: Tuesday, April 30, 2024, at 10:00 A.M. Eastern Time MONACO, April 24, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the first quarter ended March 31, 2024, after the market closes in New York on Monday, April 29, 2024.
Safe Bulkers, Inc. Sets Date for the First Quarter 2024 Results, Conference Call, and Webcast
Earnings Release: Monday, April 29, 2024, After Market Closes Conference Call and Webcast: Tuesday, April 30, 2024, at 10:00 A.M. Eastern Time MONACO, April 24, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the first quarter ended March 31, 2024, after the market closes in New York on Monday, April 29, 2024.
04/24 09:51 EST - zacks.com
Here's Why Momentum in Safe Bulkers (SB) Should Keep going
Safe Bulkers (SB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Here's Why Momentum in Safe Bulkers (SB) Should Keep going
Safe Bulkers (SB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
04/19 19:06 EST - zacks.com
Safe Bulkers (SB) Rises As Market Takes a Dip: Key Facts
Safe Bulkers (SB) closed at $4.81 in the latest trading session, marking a +0.84% move from the prior day.
Safe Bulkers (SB) Rises As Market Takes a Dip: Key Facts
Safe Bulkers (SB) closed at $4.81 in the latest trading session, marking a +0.84% move from the prior day.
04/18 19:20 EST - zacks.com
Safe Bulkers (SB) Ascends While Market Falls: Some Facts to Note
The latest trading day saw Safe Bulkers (SB) settling at $4.77, representing a +1.27% change from its previous close.
Safe Bulkers (SB) Ascends While Market Falls: Some Facts to Note
The latest trading day saw Safe Bulkers (SB) settling at $4.77, representing a +1.27% change from its previous close.