NYSE
SB

Safe Bulkers Inc

Marine Shipping
Industrials

Prices are adjusted according to historical splits.

Safe Bulkers Inc Stock Price

Vitals

Today's Low:
$2.98
Today's High:
$3.04
Open Price:
$3.01
52W Low:
$2.2138
52W High:
$3.7387
Prev. Close:
$3.01
Volume:
452515

Company Statistics

Market Cap.:
$335.90 million
Book Value:
6.855
Revenue TTM:
$317.83 million
Operating Margin TTM:
42.63%
Gross Profit TTM:
$260.21 million
Profit Margin:
37.93%
Return on Assets TTM:
6.91%
Return on Equity TTM:
16.38%

Company Profile

Safe Bulkers Inc had its IPO on 2008-05-29 under the ticker symbol SB.

The company operates in the Industrials sector and Marine Shipping industry. Safe Bulkers Inc has a staff strength of 9 employees.

Stock update

Shares of Safe Bulkers Inc opened at $3.01 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.98 - $3.04, and closed at $2.99.

This is a -0.66% slip from the previous day's closing price.

A total volume of 452,515 shares were traded at the close of the day’s session.

In the last one week, shares of Safe Bulkers Inc have slipped by -6.56%.

Safe Bulkers Inc's Key Ratios

Safe Bulkers Inc has a market cap of $335.90 million, indicating a price to book ratio of 0.4344 and a price to sales ratio of 0.9496.

In the last 12-months Safe Bulkers Inc’s revenue was $317.83 million with a gross profit of $260.21 million and an EBITDA of $186.35 million. The EBITDA ratio measures Safe Bulkers Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Safe Bulkers Inc’s operating margin was 42.63% while its return on assets stood at 6.91% with a return of equity of 16.38%.

In Q2, Safe Bulkers Inc’s quarterly earnings growth was a negative -70% while revenue growth was a negative 22.9%.

Safe Bulkers Inc’s PE and PEG Ratio

Forward PE
2.0986
Trailing PE
3.1354
PEG
-1.07

Its diluted EPS in the last 12-months stands at $0.96 per share while it has a forward price to earnings multiple of 2.0986 and a PEG multiple of -1.07. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Safe Bulkers Inc’s profitability.

Safe Bulkers Inc stock is trading at a EV to sales ratio of 1.8816 and a EV to EBITDA ratio of 3.0819. Its price to sales ratio in the trailing 12-months stood at 0.9496.

Safe Bulkers Inc stock pays annual dividends of $0.2 per share, indicating a yield of 6.51% and a payout ratio of 22.22%.

Balance sheet and cash flow metrics

Total Assets
$1.25 billion
Total Liabilities
$78.47 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
22.22%

Safe Bulkers Inc ended 2024 with $1.25 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.25 billion while shareholder equity stood at $765.00 million.

Safe Bulkers Inc ended 2024 with $0 in deferred long-term liabilities, $78.47 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $0 and cash and short-term investments were $79.24 million. The company’s total short-term debt was $45,224,000 while long-term debt stood at $400.48 million.

Safe Bulkers Inc’s total current assets stands at $124.38 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Safe Bulkers Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Safe Bulkers Inc paid $0.22 in dividends in 2024.

Other key metrics

Current Trading Price
$2.99
52-Week High
$3.7387
52-Week Low
$2.2138
Analyst Target Price
$5.09

Safe Bulkers Inc stock is currently trading at $2.99 per share. It touched a 52-week high of $3.7387 and a 52-week low of $3.7387. Analysts tracking the stock have a 12-month average target price of $5.09.

Its 50-day moving average was $3.2 and 200-day moving average was $3.22 The short ratio stood at 3.97 indicating a short percent outstanding of 0%.

Around 4335.8% of the company’s stock are held by insiders while 2278.6% are held by institutions.

Frequently Asked Questions About Safe Bulkers Inc

The stock symbol (also called stock or share ticker) of Safe Bulkers Inc is SB

The IPO of Safe Bulkers Inc took place on 2008-05-29

Similar Industry Stocks (Marine Shipping)

Last Price
Chg
Chg%
$376.15
-20.9
-5.26%
Tejas Networks Ltd (TEJASNET)
$857.8
-43
-4.77%
Apollo Tyres Limited (APOLLOTYRE)
$381.2
-2.4
-0.63%
$70.09
-1.04
-1.46%
Alfi Inc (ALF)
$0.01
-0.01
-31.31%
$12.57
-0.53
-4.05%
$22
0
0%
$2019.45
-113.65
-5.33%
SMC Corp (SMECF)
$465
-2.37
-0.51%
$15.1
0.08
+0.53%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

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 February 2023, the company had a fleet of 40 drybulk vessels having an average age of 10.5 years; and an aggregate carrying capacity of 4.5 million deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 17 post- Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

Address

Les Acanthes, Monaco, Monaco, 98000