NYSE:SB Safe Bulkers (SB) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free SB Stock Alerts $5.43 -0.03 (-0.55%) (As of 09:09 AM ET) Add Compare Share Share Today's Range$5.43▼$5.4350-Day Range$4.56▼$5.4652-Week Range$2.97▼$5.48Volume464 shsAverage Volume804,998 shsMarket Capitalization$606.04 millionP/E Ratio7.99Dividend Yield3.68%Price Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Safe Bulkers alerts: Email Address Safe Bulkers MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside10.3% Upside$6.00 Price TargetShort InterestHealthy3.86% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.84Upright™ Environmental ScoreNews Sentiment0.29Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth12.79%From $0.86 to $0.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.71 out of 5 starsTransportation Sector26th out of 114 stocksDeep Sea Foreign Transportation Of Freight Industry2nd out of 27 stocks 2.5 Analyst's Opinion Consensus RatingSafe Bulkers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSafe Bulkers has only been the subject of 1 research reports in the past 90 days.Read more about Safe Bulkers' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.86% of the float of Safe Bulkers has been sold short.Short Interest Ratio / Days to CoverSafe Bulkers has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Safe Bulkers has recently decreased by 5.06%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSafe Bulkers is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSafe Bulkers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Safe Bulkers is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Safe Bulkers will have a dividend payout ratio of 20.62% next year. This indicates that Safe Bulkers will be able to sustain or increase its dividend.Read more about Safe Bulkers' dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSafe Bulkers has received a -17.60% net impact score from Upright. The largest negative impact of Safe Bulkers in category "GHG emissions" is driven by its "Heavy fuel oil ship freight transport services" product. See details.Environmental SustainabilityThe Environmental Impact score for Safe Bulkers is -5.84. Previous Next 1.8 News and Social Media Coverage News SentimentSafe Bulkers has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Safe Bulkers this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for SB on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Safe Bulkers to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Safe Bulkers insiders have not sold or bought any company stock.Percentage Held by Insiders40.25% of the stock of Safe Bulkers is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 21.69% of the stock of Safe Bulkers is held by institutions.Read more about Safe Bulkers' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Safe Bulkers are expected to grow by 12.79% in the coming year, from $0.86 to $0.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Safe Bulkers is 8.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Safe Bulkers is 8.00, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.98.Price to Book Value per Share RatioSafe Bulkers has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Safe Bulkers' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Safe Bulkers Stock (NYSE:SB)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. Its fleet consists of 10 Panamax class vessels, 11 Kamsarmax class vessels, 18 post-Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.Read More SB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SB Stock News HeadlinesMay 4, 2024 | finance.yahoo.comSafe Bulkers First Quarter 2024 Earnings: Beats ExpectationsMay 3, 2024 | finance.yahoo.comSafe Bulkers, Inc. (NYSE:SB) Exceeded Expectations And The Analyst Consensus Has Been Reviewing Its ModelsMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.May 2, 2024 | americanbankingnews.comSafe Bulkers (NYSE:SB) Upgraded to Buy at StockNews.comMay 1, 2024 | finance.yahoo.comSafe Bulkers, Inc. (NYSE:SB) Q1 2024 Earnings Call TranscriptMay 1, 2024 | americanbankingnews.comSafe Bulkers (NYSE:SB) Shares Gap Down Following Weak EarningsApril 29, 2024 | investorplace.comSB Stock Earnings: Safe Bulkers Misses EPS, Beats Revenue for Q1 2024April 29, 2024 | sfgate.comSafe Bulkers: Q1 Earnings SnapshotMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.April 29, 2024 | globenewswire.comSafe Bulkers, Inc. Reports First Quarter 2024 Results and Declares Dividend on Common StockApril 26, 2024 | finance.yahoo.comSafe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk VesselApril 26, 2024 | finance.yahoo.comSafe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk VesselApril 26, 2024 | globenewswire.comSafe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk VesselApril 24, 2024 | globenewswire.comSafe Bulkers, Inc. Sets Date for the First Quarter 2024 Results, Conference Call, and WebcastApril 17, 2024 | investorplace.com3 Undervalued Penny Dividend Stocks to Buy for 100% ReturnsApril 15, 2024 | finance.yahoo.comWhy Safe Bulkers, Inc. (NYSE:SB) Could Be Worth WatchingApril 14, 2024 | markets.businessinsider.comSafe Bulkers (SB) Gets a Buy from Cleaves SecuritiesApril 12, 2024 | msn.comCounty offers free safe shredding event in BeaufortApril 4, 2024 | finance.yahoo.comHere's What Could Help Safe Bulkers (SB) Maintain Its Recent Price StrengthApril 3, 2024 | msn.comSafe Bulkers Cum Red Perp Pfd Shs Series D declares $0.50 dividendApril 3, 2024 | msn.comSafe Bulkers Cum Red Perp Pfd Shs Series C declares $0.50 dividendApril 3, 2024 | globenewswire.comSafe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred SharesMarch 28, 2024 | finance.yahoo.com3 Top Vanguard Mutual Funds to Build a Solid PortfolioMarch 20, 2024 | wsj.comSafe Bulkers Inc.March 16, 2024 | finance.yahoo.comSafe Bulkers' (NYSE:SB) investors will be pleased with their impressive 299% return over the last five yearsMarch 15, 2024 | finance.yahoo.comSB Oct 2024 5.000 putMarch 7, 2024 | finance.yahoo.comSB Jul 2024 4.000 callSee More Headlines Receive SB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Safe Bulkers and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/19 Dividend2/29/2024Dividend Payable3/19/2024Last Earnings4/30/2024Today5/09/2024Ex-Dividend for 5/30 Dividend5/16/2024Dividend Payable5/30/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:SB CUSIPN/A CIK1434754 Webwww.safebulkers.com Phone377302111888400Fax211-187-8500Employees9Year FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside+10.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.68 Trailing P/E Ratio8.00 Forward P/E Ratio6.33 P/E GrowthN/ANet Income$77.35 million Net Margins27.85% Pretax Margin27.85% Return on Equity10.29% Return on Assets6.17% Debt Debt-to-Equity Ratio0.63 Current Ratio2.55 Quick Ratio2.55 Sales & Book Value Annual Sales$284.40 million Price / Sales2.13 Cash Flow$1.19 per share Price / Cash Flow4.57 Book Value$7.10 per share Price / Book0.77Miscellaneous Outstanding Shares111,610,000Free Float66,686,000Market Cap$607.16 million OptionableOptionable Beta0.99 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Polys Hajioannou (Age 57)Chairman & CEO Dr. Loukas Barmparis (Age 61)President, Secretary & Director Mr. Konstantinos Adamopoulos (Age 61)CFO, Treasurer & Director Mr. Ioannis Foteinos (Age 65)COO & Director Key CompetitorsEagle Bulk ShippingNASDAQ:EGLETeekayNYSE:TKArdmore ShippingNYSE:ASCOverseas Shipholding GroupNYSE:OSGTsakos Energy NavigationNYSE:TNPView All CompetitorsInstitutional OwnershipRussell Investments Group Ltd.Bought 160,444 shares on 5/8/2024Ownership: 0.148%Empowered Funds LLCBought 34,640 shares on 5/7/2024Ownership: 0.410%Susquehanna Fundamental Investments LLCBought 89,128 shares on 5/7/2024Ownership: 0.080%BNP Paribas Financial MarketsBought 7,409 shares on 5/1/2024Ownership: 0.059%Arkadios Wealth AdvisorsBought 54,928 shares on 4/30/2024Ownership: 0.049%View All Institutional Transactions SB Stock Analysis - Frequently Asked Questions Should I buy or sell Safe Bulkers stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SB shares. View SB analyst ratings or view top-rated stocks. What is Safe Bulkers' stock price target for 2024? 1 Wall Street analysts have issued 1 year price objectives for Safe Bulkers' shares. Their SB share price targets range from $6.00 to $6.00. On average, they expect the company's share price to reach $6.00 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View analysts price targets for SB or view top-rated stocks among Wall Street analysts. How have SB shares performed in 2024? Safe Bulkers' stock was trading at $3.93 at the start of the year. Since then, SB shares have increased by 38.4% and is now trading at $5.44. View the best growth stocks for 2024 here. When is Safe Bulkers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our SB earnings forecast. How were Safe Bulkers' earnings last quarter? Safe Bulkers, Inc. (NYSE:SB) issued its quarterly earnings data on Tuesday, April, 30th. The shipping company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by $0.01. The shipping company had revenue of $81.67 million for the quarter. Safe Bulkers had a net margin of 27.85% and a trailing twelve-month return on equity of 10.29%. During the same quarter in the previous year, the company posted $0.10 earnings per share. How often does Safe Bulkers pay dividends? What is the dividend yield for Safe Bulkers? Safe Bulkers announced a quarterly dividend on Monday, April 29th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.05 per share on Thursday, May 30th. This represents a $0.20 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Thursday, May 16th. Read our dividend analysis for SB. Is Safe Bulkers a good dividend stock? Safe Bulkers (NYSE:SB) pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SB will have a dividend payout ratio of 20.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SB. What ETF holds Safe Bulkers' stock? SonicShares Global Shipping ETF holds 51,838 shares of SB stock, representing 0.57% of its portfolio. What other stocks do shareholders of Safe Bulkers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Diana Shipping (DSX), Capital Product Partners (CPLP), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), Triton International (TRTN), Costamare (CMRE), Freeport-McMoRan (FCX), GasLog (GLOG) and Star Bulk Carriers (SBLK). Who are Safe Bulkers' major shareholders? Safe Bulkers' stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.41%), Empowered Funds LLC (0.41%), Russell Investments Group Ltd. (0.15%), Denali Advisors LLC (0.09%), Susquehanna Fundamental Investments LLC (0.08%) and BNP Paribas Financial Markets (0.06%). View institutional ownership trends. How do I buy shares of Safe Bulkers? Shares of SB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SB) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaDems have chosen Biden replacement?Paradigm PressThis 1 Biotech Stock has been shocking the marketsHuge AlertsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithUrgent Nvidia WarningAltimetryTrump’s “Tax Free” Retirement Strategy Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Safe Bulkers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
