Safe Bulkers Releases 2024 Sustainability Report

Safe Bulkers ( (SB) ) has issued an update.

On June 3, 2025, Safe Bulkers, Inc. announced the release of its 2024 Sustainability Report, which is now available for download on the company’s website. The report, prepared in accordance with GRI and SASB standards, offers a detailed overview of the company’s environmental, social, and governance practices, highlighting its commitment to managing environmental risks, supporting local communities, and enhancing governance frameworks. This release underscores Safe Bulkers’ strategic focus on aligning with regulatory expectations and stakeholder interests, potentially strengthening its market position and operational transparency.

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 Neutral.

Safe Bulkers’ overall score is driven by its solid financial performance and undervaluation, counterbalanced by market challenges highlighted in the earnings call. The company’s strong balance sheet and dividend policy are positive, but revenue and cash flow concerns weigh on the score.

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 across global shipping routes. The company’s common stock and preferred stocks are listed on the NYSE under the symbols SB, SB.PR.C, and SB.PR.D.

Average Trading Volume: 517,266

Technical Sentiment Signal: Buy

Current Market Cap: $386.7M

See more data about SB stock on TipRanks’ Stock Analysis page.