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Safe Bulkers ( (SB) ) has provided an announcement.
On December 1, 2025, Safe Bulkers, Inc. announced a new stock repurchase program authorizing the purchase of up to 10 million shares of its common stock. This initiative represents approximately 9.8% of the company’s outstanding shares and 20% of its public float, aiming to enhance shareholder value. The program will be funded through existing cash resources and may be modified or terminated at any time, reflecting the company’s strategic flexibility in managing its capital structure.
The most recent analyst rating on (SB) stock is a Buy with a $6.00 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’ stock is supported by strong technical momentum and a reasonable valuation, despite challenges in financial performance due to declining revenue and cash flow. The company’s strategic fleet renewal and robust capital structure provide a solid foundation, but geopolitical and economic uncertainties remain a concern.
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, specializing in the transport of bulk cargoes such as grain, coal, and iron ore. The company operates along global shipping routes and is listed on the NYSE under the symbols SB, SB.PR.C, and SB.PR.D.
Average Trading Volume: 402,931
Technical Sentiment Signal: Buy
Current Market Cap: $541.3M
Learn more about SB stock on TipRanks’ Stock Analysis page.