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The latest announcement is out from Safe Bulkers ( (SB) ).
On July 28, 2025, Safe Bulkers, Inc. announced the sale of a 2007-built Kamsarmax class dry-bulk vessel, the MV Pedhoulas Leader, for $12.5 million with a forward delivery date between August and October 2025. This sale is part of the company’s fleet renewal strategy, which includes the acquisition of six modern energy-efficient vessels, four of which are expected to be delivered in 2026.
The most recent analyst rating on (SB) stock is a Buy with a $4.20 price target. To see the full list of analyst forecasts on Safe Bulkers stock, see the SB Stock Forecast page.
Spark’s Take on SB Stock
According to Spark, TipRanks’ AI Analyst, SB is a Outperform.
Safe Bulkers has a strong valuation and technical trend, with solid financial performance, but faces challenges from a weaker charter market and increased operating expenses. The company’s strategic focus on fleet renewal and consistent dividends provide a stable outlook despite market uncertainties.
To see Spark’s full report on SB stock, click here.
More about Safe Bulkers
Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, specializing in the transport of bulk cargoes such as coal, grain, and iron ore. The company operates along global shipping routes and its stocks are listed on the NYSE under the symbols SB, SB.PR.C, and SB.PR.D.
Average Trading Volume: 392,781
Technical Sentiment Signal: Strong Buy
Current Market Cap: $433.8M
For an in-depth examination of SB stock, go to TipRanks’ Overview page.