Safe Bulkers Inc (SB)
NYSE:SB
SB Stock Chart & Stats
$5.37
<$0.01(0.15%)
At close: 4:00 PM EST
$5.37
<$0.01(0.15%)
Day’s Range― - ―
52-Week Range$3.02 - $6.68
Previous CloseN/A
Volume124.55K
Average Volume (3M)791.25K
Market Cap
$641.07M
Enterprise Value$1.03B
Total Cash (Recent Filing)$153.15M
Total Debt (Recent Filing)$540.14M
Price to Earnings (P/E)12.9
Beta1.11
Next Earnings
May 05, 2026EPS Estimate
0.09Next Dividend Ex-DateN/A
Dividend Yield4.16%
Share Statistics
EPS (TTM)0.14
Shares Outstanding102,244,780
10 Day Avg. Volume770,535
30 Day Avg. Volume791,247
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)0.60
Price to Sales (P/S)1.80
P/FCF Ratio8.24
Enterprise Value/Market Cap1.61
Enterprise Value/Revenue3.75
Enterprise Value/Gross Profit10.43
Enterprise Value/Ebitda7.82
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.52
Revenue Forecast (FY)$277.00M
Bulls Say, Bears Say
Bulls Say
Strong LiquidityLarge cash balances plus significant undrawn revolving credit (~$385M combined) give Safe Bulkers durable financial flexibility. This liquidity supports operations through dry‑bulk cycles, funds capex/newbuild timing, underpins dividends and reduces refinancing risk, preserving strategic optionality.
Contracted BacklogMeaningful contracted revenue and time‑charter coverage (~$178M backlog, Capes ~$130M) provides multi‑quarter cashflow visibility and reduces spot exposure. That structural revenue insulation smooths earnings, supports dividend consistency, and enables disciplined fleet deployment and capex planning.
Fleet Renewal & EfficiencyA focused newbuild program and a high share of modern Japanese‑built vessels boost fuel efficiency and regulatory compliance. Over the medium term this improves operating costs, CII positioning and access to premium charters, strengthening competitive differentiation and resilience to future rules.
Bears Say
Weakened ReturnsROE and margin deterioration to single‑digit returns indicate materially lower earnings power on the current capital base. Persistently weak returns constrain reinvestment, limit sustainable shareholder distributions, and mean the company needs a structural freight market recovery to restore prior profitability levels.
Rising Operating CostsA sustained ~13% increase in daily vessel OpEx is a structural headwind that erodes margins and free cash flow if persistent. Higher recurring costs (crew, maintenance, insurance, fuel) raise the breakeven for spot economics and make cash returns and debt coverage more sensitive to freight rate volatility.
Delivery & Regulatory RiskTight shipyard capacity and scarce secondhand Japanese tonnage delay fleet renewal, compressing timing advantages from ordered eco‑vessels. Combined with fuel‑transition and IMO uncertainties, these structural constraints can increase replacement costs, delay efficiency gains and hinder compliance planning.
Safe Bulkers News
SB FAQ
What was Safe Bulkers Inc’s price range in the past 12 months?
Safe Bulkers Inc lowest stock price was $3.02 and its highest was $6.67 in the past 12 months.
What is Safe Bulkers Inc’s market cap?
Safe Bulkers Inc’s market cap is $641.07M.
When is Safe Bulkers Inc’s upcoming earnings report date?
Safe Bulkers Inc’s upcoming earnings report date is May 05, 2026 which is in 41 days.
How were Safe Bulkers Inc’s earnings last quarter?
Safe Bulkers Inc released its earnings results on Feb 18, 2026. The company reported $0.14 earnings per share for the quarter, the consensus estimate of $0.14 by $0.
Is Safe Bulkers Inc overvalued?
According to Wall Street analysts Safe Bulkers Inc’s price is currently Overvalued.
Does Safe Bulkers Inc pay dividends?
Safe Bulkers Inc pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 4.16%. See more information on Safe Bulkers Inc dividends here
What is Safe Bulkers Inc’s EPS estimate?
Safe Bulkers Inc’s EPS estimate is 0.09.
How many shares outstanding does Safe Bulkers Inc have?
Safe Bulkers Inc has 102,244,780 shares outstanding.
What happened to Safe Bulkers Inc’s price movement after its last earnings report?
Safe Bulkers Inc reported an EPS of $0.14 in its last earnings report, expectations of $0.14. Following the earnings report the stock price went down -2.117%.
Which hedge fund is a major shareholder of Safe Bulkers Inc?
Currently, no hedge funds are holding shares in SB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Safe Bulkers Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
SB Sentiment 70%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
74.89%
12-Months-Change
Fundamentals
Return on Equity
4.68%
Trailing 12-Months
Asset Growth
<0.01%
Trailing 12-Months
Company Description
Safe Bulkers Inc
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. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
SB Company Deck
SB Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operationally and strategically the company emphasized strong liquidity, disciplined free cash flow generation (17 consecutive quarters), a competitive, predominantly Japanese-built fleet and meaningful contracted revenue backlog. However, near-term operating profitability showed modest deterioration (adjusted EBITDA down ~8.1%, EPS down ~6.7%), vessel operating costs rose materially (~13% YoY), and the top-line freight environment faces macro and China-related downside risks, shipyard timing constraints and fuel transition uncertainty. On balance, the company appears financially resilient with positive structural positioning, but short-term earnings and cost pressures along with market uncertainty temper the outlook.View all SB earnings summariesTechnical Analysis
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Ownership Overview
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Insiders
5.86% Mutual Funds
6.28% Other Institutional Investors
82.96% Public Companies and
Individual Investors