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The latest update is out from Safe Bulkers ( (SB) ).
Safe Bulkers, Inc., a Monaco-based dry-bulk shipping company serving major global charterers in commodities such as grain, coal and iron ore, maintains listings for its common and preferred shares on the New York Stock Exchange under tickers SB, SB.PR.C and SB.PR.D. The group operates internationally across key trade routes, positioning itself as a carrier for large industrial users of marine dry-bulk transportation services.
On April 2, 2026, Safe Bulkers’ board declared quarterly cash dividends of $0.50 per share on both its 8.00% Series C and 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares for the period from January 30 to April 29, 2026. The dividends, payable on April 30, 2026 to holders of record as of April 17, 2026, underscore the company’s continued distributions to preferred shareholders, while management stresses that future payouts will remain at the board’s discretion and depend on earnings, fleet strategy, leverage, legal constraints and broader market conditions.
The most recent analyst rating on (SB) stock is a Hold with a $6.50 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 Neutral.
The score is driven primarily by solid but cyclical financials: manageable leverage and positive operating cash flow are offset by sharp margin/ROE deterioration and uneven free cash flow. Technicals are moderately positive with constructive moving-average alignment and neutral momentum. Valuation and dividend are reasonable, while the latest earnings call was balanced—strong liquidity and backlog, but rising costs and slightly weaker near-term profitability.
To see Spark’s full report on SB stock, click here.
More about Safe Bulkers
Safe Bulkers, Inc. is an international provider of marine dry-bulk transportation services, moving bulk cargoes such as grain, coal and iron ore along global shipping routes for some of the world’s largest users of dry-bulk shipping. The company’s common stock and its Series C and Series D preferred shares are listed on the NYSE under the symbols SB, SB.PR.C and SB.PR.D, respectively.
Average Trading Volume: 735,652
Technical Sentiment Signal: Buy
Current Market Cap: $673.8M
See more data about SB stock on TipRanks’ Stock Analysis page.